Vybit #Tag NFTs offer the opportunity to own the conversation
Users can own hashtags (#Tags) such as #nature, #friends, #money, and #love. #Tags are ERC-721 NFTs meaning that there is only one owner of each #Tag.
Ownership is 100% secured by the blockchain to the owner’s wallet address. The sale of each #Tag will be open for 24 hours and once they are purchased, they may be resold.
The benefits of owning a #Tag
Vybit #Tag owners receive 1% of Vibes that are given to any videos with the corresponding hashtag attached. For example, if you own the #nature #Tag, every time someone tags their video with #nature you will receive an amount of additional Vibes equal to 1% of the Vibes distributed to the video creator.
The user who owns a specific #Tag will always claim the top spot in the corresponding hashtag’s search result. Every user who searches for that tag, clicks on that tag, or follows that tag will see the tag owner’s video first.