VTRU

Vitruveo price
VTRU
#5468

$0.1896  

1.43% (1d)

Vitruveo to USD Chart

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Vitruveo statistics

Market cap
$3.79M

0.00%

Volume (24h)
$8.32K

19.47%

FDV
$47.39M
Vol/Mkt Cap (24h)
0.2194%
Total supply
20M VTRU
Max. supply
250M VTRU
Self-reported circulating supply
20M VTRU
8%
VTRU to USD converter
VTRU
USD
Price performance
24h 
Low
$0.1854
High
$0.1919
All-time high
Dec 16, 2024 (1 month ago)
$0.6228
-69.56%
All-time low
Dec 15, 2024 (1 month ago)
$0.02052
+823.74%
See historical data


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About Vitruveo

Vitruveo incorporates TruID at the protocol level, a system designed to authenticate the identities of Creators. This system aligns with W3C's Verifiable Credentials standards. TruID utilizes a "Zero Knowledge Know Your Creator" approach, where third-party entities conduct Know Your Customer (KYC) procedures and confirm a creator's KYC level without compromising their privacy. The cost of TruID verification is covered by Vitruveo and is tiered across multiple levels. The first level, L1, is mandatory, while higher levels are optional but offer additional benefits: L1: Email (1 Creator Credit) – Mandatory L2: Phone (Additional 2 Creator Credits) – Optional L3: Proof of Address (Additional 3 Creator Credits) – Optional L4: Liveness (Additional 4 Creator Credits) – Optional L5: ID Document (Additional 5 Creator Credits) – Optional The level of TruID a creator possesses directly influences their access to features on Vitruveo and third-party applications. Higher TruID levels not only grant more privileges but also accrue more "Creator Credits." These credits are essential for registering assets in AssetBase, Vitruveo's asset registration platform

Asset Base in Vitruveo Vitruveo's Asset Base feature offers a streamlined approach for creators to consign their digital assets. By integrating this function at the protocol level, Vitruveo ensures that once an asset is consigned, it becomes instantly accessible on all decentralized applications (dapps) within the platform. This eliminates the need for creators to individually upload their work to multiple dapps or marketplaces, simplifying the distribution process. Key Standards of Asset Base MetaData Standard Compliance: Vitruveo mandates that all assets comply with established metadata standards. For visual art, the LinkedArt standard is used, which is the choice of leading museums worldwide. For music, the standard is Media Enrichment and Description (MEAD), catering to audio assets. Flexible Licensing under Creative Commons: Vitruveo employs tokenization for licenses, adhering to the Creative Commons standard. This approach is akin to practices of major platforms like YouTube. Various license types are available (e.g., NFT, Streaming, Print on Demand), allowing creators to choose the most suitable licensing method for their work. Digital Signing with C2PA Standard: All artworks need to be digitally signed by creators using the Coalition for Content Provenance and Authenticity (C2PA) standard. This requirement not only deters plagiarism but also provides a verifiable method for creators to establish the authenticity of their work.

Vitruveo Ecosystem: Vitruveo's approach is to create a Vertically Integrated Ecosystem within its general purpose blockchain. This ecosystem spans from the underlying blockchain technology up through smart contracts, dApps, marketplace tools, resources, workshops, community engagement, and marketing. This comprehensive stack is designed to address the various needs of creators in the digital space​​.