Categories: Press Releases

Envision Announces Limited VIS Token Presale On EktaChain

Perth, Australia, 18th April, 2022,

Envision, a Web3 Platform that’s enabling content creators to sell directly to buyers via a decentralized peer-to-peer exchange, has announced the launch of its VIS token presale for early investors on EktaChain, a rapidly growing Layer 1 ecosystem that aims to bridge blockchain with the physical world.

The VIS Token presale will launch on April 19, accessible on EktaChain via Envision’s website, with discounts available for EKTA token holders who are staking their coins, before listing on Uniswap shortly after the token sale concludes. 

Envision is using blockchain technology to enable the peer-to-peer exchange stock images and videos. It allows content creators to sell directly to buyers and cut out the middleman. With Envision, content creators can take back control and avoid paying hefty fees and forfeiting copyright of their work, as is the case with traditional stock photography platforms. Photographers and videographers will be able to upload their content directly to the Envision Marketplace and set their own prices for their content. 

For each piece of content listed on Envision, an associated NFT will be minted that provides proof of ownership. The flexible nature of NFTs makes it possible for content creators to sell complete ownership rights to their work, or else limited rights to use the content.

VIS is an ERC-20 token that will serve as the exclusive form of payment on the Envision Marketplace, as well as providing other important functions such as distribution of rewards, funding for the platform and incentivizing network participants. 

The Envision dApp is built atop of the EktaChain blockchain, a decentralized peer-to-peer network blockchain that’s designed to bring physical assets and communities on-chain. Investors who are currently staking EKTA, the native cryptocurrency of EktaChain, will be entitled to some big discounts on VIS tokens during the presale. 

The biggest discount is reserved for investors who have 5,000 EKTA staked. They will be entitled to buy VIS for just $0.14 per token. The offer is capped at a maximum of $250,000 USDT, so the discount only applies to the first $250K worth of VIS tokens purchased by investors with 5,000 staked EKTA. 

Investors with a minimum of 500 staked EKTA will be able to obtain VIS at a price of $0.16 per token, with a max cap on that offer of $250,000 USDT. Finally, investors with at least 150 staked EKTA tokens will be eligible to buy VIS at $0.18 USDT, again capped at $250,000 USDT. 

The presale price of VIS for non-EKTA stakers is $0.20 USDT, also capped at $250,000, meaning just $1 million worth of VIS tokens are up for sale. 

Envision is excited to forge a strong partnership with Ekta. With their guidance and expertise, we are able to provide a multi-chain public sale solution that is going to make purchasing VIS incredibly easy for all crypto enthusiasts. Said Thomas iffla – COO of Envision. 

The VIS token presale will launch on EktaChain at 8pm, 18th April EDT / 12am, 19th April UTC / 2am, 19th April CEST / 8AM, 19th April AWST. Investors can purchase VIS tokens with USDT or credit card.

About Envision

Envision is a Web3 solution dedicated to giving stock media creators the power and control they deserve. Deriving utility from NFT and blockchain technology, Envision facilitates the peer to peer exchange of stock media content where content creators market and sell direct to consumers, avoiding hefty fees, clunky contracts and the need to forfeit rights as per current Web2 solutions.

 

Contacts

CoFounder & CFO

  • Miles Bradley
  • Miles@envisionstock.io


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