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NGC Ventures

AI Memory App, Vid to Launch on iOS and Android

Launch comes after a funding round of over $10 million USD, with NGC Ventures as a key investment partner Vid, a video-centric social media app that allows users to control their data and monetize their memories, announced its upcoming launch on iOS and Android. Established in January 2017, Vid uses AI and blockchain technology to enable its users to create privacy-protected video content while allowing users to monetize content and retain 100 percent of advertising revenue. The launch comes after a funding round of over…