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The World’s First Blockchain-based, Deep Learning AI-driven, Royalty Free Stock Graphics Plat API AND INTEGRATIONS; WHITE LABEL .9 PAYMENT GATEWAY FIAT, CRYPTOCURRENCY 10 MARKETPLACE . 10 TECHNOLOGY 10 BLOCKCHAIN . 11 PRIVATE HIGH-PERANCE STORAGE FOR INVENTORY MANAGEMENT . 11 PLAT VECTORZILLA.IO . 12 TARGET AUDIENCE . 13 ROADMAP . 14 VZT - VECTORZILLA TOKEN 15 VZT - PRESALE 16 VZT CROWDSALE . 17 BUDDGET ALLOCATION . 17 ABOUT VECTORZILLA 18 TEAM 18 ADVISORS . 20 REFERENCES 21 VectorZilla.IO Whitepaper 2.1 cutive Summary Introduction VectorZilla VZ is the world’s first Blockchain-based, Deep Learning AI-driven, Royalty Free Stock Graphics Plat and some of them have been working with blockchain and cryptocurrencies since its early days. VectorZilla owns a library of over one million vector graphics elements objects/icons/clipart and over hundred thousand compositions of diverse kinds. 03 VectorZilla.IO Whitepaper 2.1 The Stock Images Market and Opportunity According to a recent market research report, the global stock images market is likely to grow at a CAGR of 7.37 and the revenue will cross 4 billion by 20221. Royalty-free RF images are expected to witness the fastest growth rate during the forecast period 2016-2022, as they offer flexibility in terms of usage. The demand for royalty-free, low-priced stock graphics will keep growing at a very high rate for following reasons 1. The digital revolution2 has been created a shift from traditional print publication to online versions of digital images in the last one decade. 2. A large number of traditional businesses are increasingly using the internet, establishing their online presence via websites or social media, digital marketing, communication, customer support, customer interaction, and more; each company requires high-quality and creative graphics. Thus, the demand for RM royalty-managed and RF images is growing more than ever before. 3. The exponential growth of the internet and social media plats has led to the creation of small-scale enterprises that have business models completely based on the internet and social networks. These businesses too require high-quality graphics for low royalties. 4. The number of internet users on social media is drastically increasing, which also leads to greater demand for creative graphic images by individuals. That’s the opportunity VectorZilla will grip by providing millions of graphics at a very affordable price. The in-house design team of VectorZilla will make continuous additions to the graphics library. 04 VectorZilla.IO Whitepaper 2.1 The Problem and Solution The rapidly increasing number of internet users have generated a huge demand for royalty-free stock images. However, there are problems which VectorZilla will solve Problem Users find it very difficult to get the stock images they require due to high prices. Sometimes a pack of 5 images costs from USD 50 up to USD 300 per image, while subscriptions start at USD 100/month and can be as much as USD 500/month or even more on popular plats. Solution VectorZilla will offer rock bottom prices per file or subscription because it owns a huge library of over one million graphics; it doesn’t have to pay any fee to any other party for these files. Problem Users have to download files from microstock plats on computer. Rather having any other alternate option to store on cloud storage. Solution VectorZilla will provide the option to download files, save them in a choice of cloud storage, or save them in VectorZilla’s distributed cloud storagefor a small fee. Problem Users have to use complex tools for editing downloaded files and publishing them. Solution VectorZilla will provide advanced graphic design and publishing tools beyond desktop publishing or online tools. Users of VectorZilla will be able to edit change text, colors, crop, apply filters, and much more, and publish images to variety of plats social-media, CMS, blogs, e-commerce, etc. using our online suite of graphic design and publishing tools and integrations with all popular plats. For example Users will find VectorZilla integrations plugins/apps/extensions for their choice of popular plats WordPress, Shopify, Magento, CMS, CRMs, Twitter, Facebook, Instagram, etc., and will be able to search, preview, purchase, embed purchased images, and so on. 05VectorZilla.IO Whitepaper 2.1 Problem Most stock image plats don’t provide usable APIs and white label solutions to partners companies, merchandizers, etc.. Solutions VectorZilla will provide sophisticated and highly usable API search, preview, download, edit, save, publish, reports, etc., and White Label branding, integration solutions to selected partners. For example A physical or digital marketing product company like VistaPrint can provide its users with access to VectorZilla’s millions of graphics using VectorZilla’s API and white label solutions. Problem Many stock image plats keep a lot of the license fee up to 70 and pay very little to actual contributors actual owner of the file. Solution VectorZilla will only keep 15 and pass on most of the fee to contributors. Problem Current stock image plats don’t provide enough transparency in license sales and revenue reporting to contributors. Solution VectorZilla aims to leverage blockchain technology to bring maximum transparency in all of these areas license sales, revenues, revenue sharing, etc. and provide almost real-time reports to contributors on license sales and earnings. Problem Current stock image plats disburse payments to contributors only once a month. Solution VectorZilla aims to leverage blockchain technology to pay contributors in real-time with tokens VZT. 06 VectorZilla.IO Whitepaper 2.1 Business Model VectorZilla aims to drive significant volumes of customers at a low customer acquisition cost by charging a much lower price on vector images. In return, revenue comes from a high sales volume. Our self-owned content, worth 25 Million USD, would help to maximize our profits rates, enabling us to pay the maximum to contributors in the planned VZ marketplace from sales of their files. Untapped markets like merchandize plats, integrated apps, and plugins to access and deliver content on go. Low cost is not low margin; it could be highly profitable. McDonald’s and Ryanair, for example, are among the most profitable companies in their industries. Smart, low-cost players invest in innovation targeted at the bottom of the pyramid3. Further, with the subscription model for recurring revenue, the aim is to retain the customer on a long-term basis by offering flexible six-month and yearly subscription plans. Around the third quarter of 2018, as part of its expansion VectorZilla will introduce a marketplace and open it to contributors from all around the world. 07 VectorZilla.IO Whitepaper 2.1 The VectorZilla Plat - VectorZilla.IO Key Features Product and Inventory VectorZilla’s continuously growing image library already has over one million 1M vector elements and over one hundred and twenty thousand 120k graphic files. The inventory is expected to increase twofold by 2018 i.e. to 2 million elements and two hundred thousand [200k] design compositions. A large in-house design team has been working to achieve this goal. Deep Learning Artificial Intelligence VectorZilla will leverage deep learning-driven AI in many areas across the plat. For example The search engine will use deep learning AI to provide highly relevant contextual search results, thus increasing user efficiency, experience, and happiness, leading to more conversion and sales. Online Editing API and Integrations; White Label VectorZilla tools will be also available as apps, plugins, extensions, integrations, and API for all popular plats desktop/mobile tools, CMS, CRM, e-commerce, social media, etc., including Adobe Illustrator, Sketch, Shopify Wordpress, Magento, Prestashop, Twitter, Facebook, LinkedIn, Instagram, and more. VectorZilla will provide REST and GraphQL API for all features search, preview, download, edit, save, publish, reports, etc.. VectorZilla will provide white label branding, integration solutions to selected partners. 09 VectorZilla.IO Whitepaper 2.1 Payment Gateway FIAT, Cryptocurrency VectorZilla is a semi-decentralised plat, using both centralised payment s fiat money and decentralised digital cryptocurrency developed on Ethereum Smart Contracts. VectorZilla will enable users to buy images or subscription plans with both centralised payment s fiat money and decentralised digital cryptocurrency, including Credit Card, Debit Card, E-wallets, and PayPal When the VectorZilla marketplace is launched in 2018, all payouts will be made to contributors by VZT. Marketplace Around the third quarter of 2018, as part of its planned expansion, VectorZilla will introduce a marketplace and open it to contributors from all around the world. Technology VectorZilla is a first-of-its-kind stock graphics and graphic design plat based on futuristic blockchain technology. All ination and data will be saved on the blockchain, providing transparent transaction visibility to all contributors and coin holders. According to research reported by CNBC, distributed ledger technology or blockchain is being considered by most of the world’s big corporations4. 10 VectorZilla.IO Whitepaper 2.1 Blockchain Blockchain is a of distributed ledger technology DLT. This means that it maintains records of all virtual currency transactions on a distributed network of computers, but has no central ledger. The original blockchain network was created by Bitcoin founder Satoshi Nakamoto to serve as the public ledger for all Bitcoin transactions 4. The blockchain is managed by a peer-to-peer network collectively adhering to a protocol for validating new blocks. By design, blockchains are inherently resistant to modification of the data. Once recorded, the data in any given block cannot be altered retroactively without the alteration of all subsequent blocks and a collusion of the network majority. Functionally, a blockchain can serve as “an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way. The ledger itself can also be programmed to trigger transactions automatically 5. Private High-Perance Storage for Inventory Management VectorZilla intends to use cooperative cloud storage 6. This is a decentralized model of networked online storage where data is stored on multiple computers nodes, hosted by the participants cooperating in the cloud. For the cooperative scheme to be viable, the total storage contributed in aggregate must be at least equal to the amount of storage needed by end users. For example, the peer-to-peer cloud storage plat Story https//storj.io is a blockchain-based, end-to-end encrypted, distributed object storage provider. 11 VectorZilla.IO Whitepaper 2.1 Plat VectorZilla.IO Mock-ups of VectorZilla Plat Mobile Apps 12 VectorZilla.IO Whitepaper 2.1 Target Audience 13 VectorZilla.IO Whitepaper 2.1 14 Roadmap VectorZilla.IO Whitepaper 2.1 15 VZT - VectorZilla Token VectorZilla tokens are developed for fundraising and financing the development, marketing, and advertising of the VectorZilla stock image and graphic design plat, as well as the elaboration of VectorZilla’s design library by an in-house design production team. VectorZilla tokens VZT are issued on the basis of VectorZilla’s blockchain, developed on an Ethereum Smart contract ERC20. VectorZilla tokens can be purchased through an internal exchange integrated into the digital wallet using BTC or ETH, as well as fiat currencies like USD, EUR, and RUB. Role of Tokens Any VZT owner can buy stock graphics, subscriptions and services at VectorZilla using VZT at the current VZT exchange rate to the currency used in the region. Any visitor to will be interested in buying VZT, as this will give them an opportunity to get additional discounts on subscription plans. After launch of Marketplace by Q3 2018, all pay-outs to contributors will be made in VZT. A total of 100 million VZT VectorZilla tokens will be issued. Of these, 75 million tokens will be available for ICO crowdsale, including a bonus for early investors and crowdsale participants. Another 23 million tokens will be kept as a Reserve Fund for management and future content acquisition and licensing. Additionally, 2 million tokens will be used for token sale costs, affiliate programs and bounty programs. These tokens will be kept in multi-signature wallets. VZT Token Distribution Rules VectorZilla.IO Whitepaper 2.1 VZT - Presale The presale event allows users to contribute in an early stage before the actual opening date of the al VectorZilla Token Sale. The presale will be a public event, available to cryptocurrency enthusiasts and the general public to participate in. A detailed process will be provided before the presale along with the details of the bonus for VZT presale participants. On the presale round, 5 million VZT would be sold with target of 5,000 ETH. Unclaimed tokens VZT will be publicly available during the ICO crowdsale. Funds will go to preparation for the public launch of the VectorZilla Stock Graphics Plat and to marketing and preparation of the ICO crowdsale. During the presale, 5 Million Tokens out of the 75 Million total Tokens allocated for crowdsale will available Subscribers can avail special offer by Contributing above 4 ETH to get 15 Additional Bonus. 16 VectorZilla.IO Whitepaper 2.1 17 VZT Crowdsale In the ICO Token crowdsale, 75 million tokens will be sold including presale bonus. Budget Allocation Funds will be used in graphics content creation, acquisition, licencing, and development of design tools, apps, APIs, plugins, a blockchain payment/wallet application, AI-supported search, infrastructure marketing, and legal. By Q2 of 2018, VZ will contain around 2 million self-created and owned graphics and over 200K compositions. VectorZilla will start accepting VZT as a means of payment for images subscription plans. VectorZilla.IO Whitepaper 2.1 18 About VectorZilla VectorZilla’s team have decades of experience in Software Product Service Development, IT Consulting, UX Design, Graphic Design, and Business Management. Most of us have been working together as a team at “Allies Interactive Services Private Limited“ for 15 years, and some of us have been working with blockchain technology and cryptocurrencies since its early days. We believe VectorZilla will bring a paradigm shift to improve lives of millions of people. Currently a team forty 40 members are working day and night to make this plat successful. Team Abdul Qaiyoom Co-Founder CEO He is an entrep
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