Vivid Labs is a decentralized video infrastructure platform that redefines the process of creating, storing, and distributing digital video content. The project is led by VideoCoin Development Association Ltd. (Cayman Islands). Vivid Labs is supported by a large-scale distributed video infrastructure and will revolutionize video services through blockchain technology by integrating underutilized computing resources from around the world, ushering in a "new cloud". The Vivid Labs network ecosystem will reduce costs by deploying unused computing resources and point-to-point video distribution, realize new generation applications through open APIs and open source based development, and improve privacy through decentralized end-to-end encryption.Vivid Labs is a blockchain project that integrates third-party payment processors, supported by a banking consortium. This model has been optimized to enhance the effectiveness of VID as a reputation scale token, which provides power for the network and ensures that the most qualified network operators meet customer needs....