Dear Vid community,

I want to thank you for your support thus far — we wouldn’t be here without you!

I’d like to get some insight and advice on community communication as I think it’s something that we could do better. Please tell us in the official telegram channel how we can improve this through our weekly updates.

Naturally, in a start-up things regularly, and often rapidly change and adapt. Overall though, things are going very well at Vid and a lot of positive things are happening such as bringing on board seasoned and experienced investors, big name influencers and celebrities as well large API partnerships.

I’d love to share all the details with you, but social media is a competitive industry, and we can’t reveal too much sensitive information because the incumbents in our space are surely listening.

I’m looking to you, our community and supporters, to be understanding and to help us strike the right balance. We plan on providing regular weekly updates on Fridays to keep everyone in the loop; without completely opening our entire playbook. Your feedback is welcome and very much appreciated!

We will provide a high-level update for the next few weeks on Medium. Then, when we launch our Beta app, I’ll start making Vids on Fridays to share updates.

Here is the progress report for this past week:

Fundraising:

NGC Ventures and Ontology deals closed

2 weeks remaining of Pre-sale

UA / Growth:

Bounty program completed and closed, with over 6,000 entries

Signup leads commenced, collected through initial marketing test campaigns

Marketing

Ontology press release prepped for next week

Thought leadership quotes delivered for mention in CoinTelegraph article about Libra

3 new major influencers signed onto the platform

Affiliate program testing completed and prepared for launch

Content and influencer guidelines for non-English speaking influencers finalized and prepped for launch (weekly posts from all influencers to begin shortly).

New landing page flow designed and tested, doubling lead conversion rates

Messaging campaign content strategies kicked off

Email marketing infrastructure set up for email collection and lead nurturing

Biz Dev / Partnerships

Deal with Ontology for migration closed, announcement to follow

Began final-stage talks with 2 major consumer brands for API partnerships

Product