What is "Wazcher"?

<<Wazcher>> is a unique “time is $$$” video platform that incorporates “watch to earn” mechanics and includes an e-commerce component. Users are rewarded for their time and engagement with content, and the platform leverages influencers, blockchain technology, and NFTs. This innovative approach aims to empower users and disrupt traditional video platforms while also facilitating e-commerce activities.


Why the Vido Platform Industry?

  • According to CNBC’s study, from 2019 and on, the number one dream job for a child (between the age of 5-12 years old) is becoming a Vlogger/ video content creator.
  • Youtube has reported more than 30% growth in its revenue from 2018-2022. Youtube’s annual revenue reported to be 29.24 billion in 2022.

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Why jump into Cryptocurrency?

Before COVID-19, we often get thoughts of cryptocurrency as a scam. During the pandemic, many large corporations and fund management companies shifted to cryptocurrency as an alternative for stocks and bonds. Also, various countries believed that Bitcoin is the survivor against inflation.  

One of the largest fund management companies in the world, BlackRock, entered the crypto market by purchasing a large amount of Bitcoin.  Now they are one of the founders of spot bitcoin private trust.  In 2021, BlackRock also brought 383 million crypto mining stocks.  In August of 2022, BlackRock also partner up with Coinbase, a newly public trading company, to provide institutional clients with access to cryptocurrency.  June 2023, BlackRock is currently applying for their Spot Bitcoin ETF.

Unlike crypto lovers, Elon Musk (Tesla) and Michael Saylor (MicroStrategy) both already have a public trading company.  In April of 2021, Coinbase became the first cryptocurrency exchange to be listed on NASDAQ: COIN.  Coinbase’s evaluation at the time was 100 billion USD.  Coinbase’s listing on NASDAQ increases the trust and acknowledgment of cryptocurrency to individuals around the world.

In 2018, individuals owning cryptocurrency is only 7.95%.  The number went up to 14.4%, and 23.16% during the pandemic year 2021. From 2018 to 2021, the number of owners of cryptocurrency has grown 3 times. That means roughly 59.1 million Americans own some form of crypto. Multiple countries are adapting cryptocurrency into their financial systems, some are even in process of replacing their fiat money.  A good example is El Salvador.  They are trying to establish Bitcoin as its legal tender.  The cryptocurrency market starts 2023 by reclaiming $800 billion market cap.  Each day more and more individuals are buying cryptocurrency.  


Play-to-Earn Gaming Industry

According to the study done by MARKETSANDMARKETS, blockchain gaming market/ play-to-earn gaming market is currently at a 4.6 billion USD market cap.  The study said industry will go from 4.6 billion to 65.7 billion USD by 2027.  This is a prediction of Compound Annual Growth Rate (CAGR) of 70.3%.

The popularity of play-to-earn gaming industry first started with a game called Axie Infinity.  In May of 2022, Axie Infinity surpasses 4 billion USD in all time sales (launched in March 2018).  This popular game has also changed the life of many Filipinos during the Covid-19 pandemic.  Many Filipinos are able to make over Php 20,000 and 50,000 a month, and this amount of money is more than their monthly salary.  During the pandemic, the news of a game that can pay for your living has spread through out Asia. 


What is "Watch to Earn"?

Just like “play to earn” games, you play the game to earn Crypto.  “Watch to Earn” will accumulate the amount of time one spent on the platform watching videos in exchange for cryptocurrency.  The more videos one watches, the more crypto one gets.  Imagine you’re watching your favorite influencer’s video, your favorite drama, or your favorite movie; with each second that goes by, your crypto wallet is racking up crypto as you are watching. By this, Wazcher is proud to introduce our new concept called “Video Mining”.


What is "Video Mining"?

“Video Mining” is a process that “Wazcher” generates reward coins to reward its users for watching and helping to generate revenue from advertisements and other forms of income for the platform.  “Video Mining” bonus reward coins work more like Bitcoin mining’s lottery system.  The more account you hold, the more chance of receiving the bonus reward coins, of course, the user has to be on-screen using the “Wazcher” platform when the bonus reward coins are given.