Good day everyone,i would be introducing you all to this interesting platform called TV-TWO PROTOCOL. Deploying off-chain signature patterns and state channel technology to scale the Ethereum Blockchain for tokenized video entertainment.This a very good platform due to the potentials it renders to the community at large.Today i would be writing on the following;
WHAT IS TV-TWO PROTOCOL?
A content discovery channel for Smart TVs and mobile phones that personalizes an infinite video stream with the help of Machine Learning.TV-TWO offers regular consumers of broadcast television an easy way to transition into a world with a personalized video stream
TV-TWO Smart TV App
BLOCKCHAIN
The technology to orchestrate the new ecosystem, with direct interactions between users, advertisers and content producers.TV networks and broadcasters exploit their position as middlemen.They encourage direct interactions between consumers, content providers and advertisers.
Consumers
Content Providers
Advertisers
The combination of Smart Contracts and State Channel Technology build a trustless and scalable solution.
At the same time, tech giants like Google, Facebook, Amazon and Netflix are looking to build their walled garden around the television ecosystem, eager to acquire more power through data and access to consumers. TV-TWO offers the community a solution in form of an Open Platform for those who are curious about cutting the cord. This includes:
First, an application for Connected TVs that blends traditional television with a personalized video stream offering premium content at no subscription costs. The video stream can always be opened with just one click of a button.
Second, the Token for Television (TTV), an ERC20 token that administers the exchanged value between consumers, content providers and advertisers.
They propose a new ecosystem, where the trustless nature of the Ethereum blockchain makes it possible for market participants to interact directly without having to rely on middlemen. Consumers get to watch curated videos while receiving TTV for choosing to see sponsored messages from advertisers. Content creators are rewarded by users with TTV for their quality productions. The Token for Television will be offered to the community in a crowdsale .
AIM
They aim to establish a direct relationship between consumers, content providers and advertisers . The individual players are empowered to pursue direct interactions on the blockchain, decentralizing the ecosystem as well as disarming oligopolistic TV networks, broadcast providers and tech giants, as they are actively hindering open innovation. They validate their claim that TV networks are organized as oligopolies. Based on learnings from the programmatic advertising space that is plagued with fraud, limited viewability and brand safety issues, we will leapfrog TV ahead by building transparency right into the core of the model.
TV-TWO PROTOCOL USAGE SCENARIO
Today, Smart TV owners use the Live TV application to watch the broadcast signal on their television. TV-TWO serves as a substitute for the Live TV application by offering a gateway to traditional TV. Users can watch the standard broadcast signal through TV-TWO and experience an extra channel tailored to their interests beyond the traditional offering. A log-in or tedious activation is not required. Upon the start of the app, a short logo lead-in is displayed.
Once the user is bored with the TV content, wants to skip a commercial or simply prefers the TV-TWO offering, pressing Enter on the remote control leads to the second layer of the application - the individualized video stream, blending organic and ad content. If the user would like to return to the broadcast signal, simply pressing Enter performs the task.
THANKS FOR READING
To know more about this interesting platform;
visit the website: https://tv-two.com/#start
join the telegram group: https://t.me/tvtwocom
my bitcointalk link: http://bitcointalk.org/index.php?action=profile;u=1070043
whitepaper link: https://tv-two.com/TV_Whitepaper.pdf
ANN/BOUNTY THREAD LINK: https://bitcointalk.org/index.php?topic=2617590.0