Videocoin by Drakula: What It Is, Why It Matters, and What You Should Know

When you think of blockchain projects that pay people for watching videos, Videocoin by Drakula, a decentralized video platform that rewards users with tokens for uploading and viewing content. Also known as VDC, it was one of the earliest attempts to turn video consumption into a crypto incentive system. Unlike YouTube or TikTok, where creators rely on ads and algorithms, Videocoin tried to cut out the middleman—letting users earn tokens just for watching, sharing, or uploading videos. It wasn’t about viral trends or influencer clout. It was about paying people directly, in crypto, for their attention.

But Videocoin didn’t just exist in a vacuum. It tied into other crypto concepts like decentralized video platforms, blockchain-based alternatives to centralized streaming services that reward contributors with native tokens, and tokenized attention economies, systems where user engagement—clicks, views, shares—is converted into tradable value. These ideas aren’t new, but Videocoin was one of the first to build a working model around them. It also connected to Drakula, the pseudonymous developer behind Videocoin who never revealed his identity but pushed the project through early adoption and community growth. That anonymity wasn’t unusual in crypto, but it made accountability harder when things went sideways.

Most people never heard of Videocoin because it never reached mainstream adoption. The token never listed on major exchanges. The app was clunky. The rewards were tiny. And like so many crypto projects built on hype, the community faded when the initial excitement wore off. But if you look at the posts below, you’ll see a pattern: dozens of projects tried to replicate this idea—rewarding users for watching, sharing, or creating video content. Some called it something else. Some used different blockchains. Some even pretended to be new. But the core idea stayed the same: turn attention into currency. Videocoin by Drakula didn’t win, but it showed what was possible. And now, after years of failed imitators, you can see why it still matters—if only as a cautionary tale.

Below, you’ll find real posts about crypto projects that followed the same path: fake platforms, abandoned tokens, misleading airdrops, and forgotten apps. Some are scams. Some are just poorly built. But they all trace back to the same belief—that if you give people crypto for watching videos, they’ll stay. The truth? Most didn’t. And that’s exactly what you need to know before you jump into the next one.