Vodra ($VDR) is a decentralized donation platform with an accompanying utility token that allows creators to monetize their audience at no cost. Vodra Tokens are awarded to content creators based on the size of their audiences, meaning creators who use the platform hold a stake in it as well. The Vodra Platform hosts several tools for creators to use, such as live donations, crowdfunding/voting and monthly pledges/rewards. These tools allow content creators on any platform to find the best way to engage with and receive compensation from their audiences.

The Vodra Platform allows users to donate Vodra Tokens to all of their favourite creators at no cost. No third party can restrict a creator’s access to their compensation, which ensures they are safe from unfair penalties or chargeback scams. Creators can then use the Vodra Tokens they have acquired to cash out of the platform and utilize the on-platform features such as hosting polls, conducting giveaways and setting up subscriber rewards/promotions. Many of these features will also be accompanied by live streaming software integrations, allowing Vodra to be used seamlessly with many popular platforms that support livestreams.

Initial Features

This first platform release will be considered early access for both creators and community members. Creators will view a larger feature set, create accounts, and start receiving donations. They also have their livestream integrated tips and donations feature being tested with them as well. On the other hand, audience members will be able to browse creator profiles, connect their MetaMask wallet, and start sending ERC20 $VDR donations to creators.

The reason behind releasing the platform early is to serve as a proof-of-concept for creators and talent agencies who wonder how easy it is to transition to a cryptocurrency based monetization framework. It also allows their community members to begin viewing and keeping track of all new creators joining the Vodra Platform.

The Road to Come

The first major improvement that will be added to the platform is the implementation of livestream donations and a Polygon/Matic layer 2 solution for the Vodra Token ($VDR).

This will enable every creator on the platform to start integrating Vodra into their livestreams to receive live $VDR donations from their audience. This, combined with the virtually non-existent fees on Polygon, enables creators to start making effective use of the platform.

Secondly, with the help of a renewed design team, they will improve the platform’s overall look and feel. This will make Vodra creator pages an extremely attractive alternative to existing link aggregators. Creators will then be able to have all of their social links in one convenient place while directing their audiences to new updates and projects they may be working on.

All of these improvements are slated for the first quarter of 2022. After which, they will be working on Crowdfunding & Project Voting and Monthly Subscriptions & Rewards.

When and Where?

The Vodra Platform is a web-based application that will be accessible through a unique URL or their website, vodra.io. They are onboarding all of their pre-launch creators who propagate their accounts to the platform.

Once a significant amount of creators have had an opportunity to sign on, they will be publicly pushing the platform itself to the rest of their community. This can be expected in the first week of January.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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