Eristica, Platform P2P for Viral Videos and Challenges

Eristica is a revolutionary P2P platform that encourages participation in challenges, the project was launched in 2015 and has gained over 1.2 million users. This platform enables each participant to start and accept challenges, create video. Eristica users are also allowed to generate viral content with video challenges of getting millions of views on YouTube, and winners become stars. With the help of blockchain technology, the Eristica project intends to overcome the obstacles facing the industry and create a single ecosystem for both offline and online competitions.

Penetration of Internet technology in the entertainment industry created a new market called FunTech, similar to FinTech (Financial Technologies) or BioTech (Biological Technology). This market became one of the largest and fastest growing industry on the Internet. YouTube audience reached more than 1.5 billion registered users and still growing every day. On average, users spend 40 minutes a day watching YouTube videos.

This market becomes an opportunity and technological challenge for Eristica.
This app is rebuilt to work in areas with low speed Internet:

Application size reduced to 7mb

Consumption of phone RAM is decreasing

The Eristica app is optimized to work in the 2G internet zone

Obviously Erista is highly recommended with features that can be accessed anywhere. In mid 2017, the project team successfully completed the program at SOSV accelerator, which is one of the largest venture capital funds in the world. The SOSV Fund ranked first in the rankings "Invest in the early stages", in front of other top giants like YCombinator and 500 Startups. SOSV helps to get deals with major electronics manufacturers (OEMs) regarding pre-installed Eristica app on a new smartphone that sells countries like India, Indonesia, Thailand, Philippines, and Russia.

The main mission of the Eristica project is to create a fully fledged crypto economy in the digital entertainment room where tokens are the primary tool for all interactions. in a digital ecosystem. Eristica intends to use crypto to make democratizing economic challenges, including creation, participation and rewards for more efficient, fair and affordable challenges.

Eristica Network Token (ERT)

Eristica utility token (ticker: ERT) will allow users to participate in bets despite celebrities, awarded for winning challenges and predictions of success. And also buy access to service platforms. The standard ERC2015 standard will be issued based on Ethereal blockchain. Eristica chose Ethereum as the most technologically sophisticated blockchain for intelligent development contracts. Actually, Eristica tokens would be cryptocurrency with limited publishing, stable against inflation. Token can be divided into fractions. Users who want to transfer or withdraw their token from the platform can do this interact with the Ethereal network. With the help of wallets that support the standard ERC 20, it will be possible to route proof of Eristica out of the platform. The current capacity of Ethereal is approximately 15 transactions per second.

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