MONVID is a paid video streaming platform based on blockchain technology. It is a decentralised platform that allows you to watch any kind of videos without any restrictions. At present, there are many issues arise while live video streaming; the main factor is internet subscription cost. The rate of internet subscription has increased globally, and this will affect people from live streaming.
The quality of video also determines the how your data subscription would be charged. To overcome this entire problem, the MONVID platforms are design and founders of this platform offers their consumers to watch any kind of video without any age restrictions or some other social hinders.
Features of MONVID platform
Easy to use-Monvid is a video streaming platform that is easy to utilise and watch any kind of your favourite shows without any country or regions restrictions.
No advertisement- this platform gets the chance to watch smooth and continuous videos without any advertisement. You will definitely enjoy watching the video on this platform.
Cheap – video maker upload their video at free of cost while subscriber has to pay a very small amount to watch their favourite programs.
Privacy- this blockchain based streaming platform guarantees that each user’s information is safe and secured and encrypted all data exchanges between the consumers and the video maker.
Description of Monvid platform
Monvid platform are categorised in two different ways one is proxy video streaming, and the other is peer to peer video sharing.
Proxy video streaming- The user is from one country and the content creator is from another country can watch and share their videos without any restrictions and user is still safe as a platform only accepts stream packets. This video streaming platform allows users to watch their favourite programs by filter any kind of barriers.
Peer to peer video sharing- This platform will allow video owners and content makers to share their videos for the public at free of cost and then the video would be rewarded by a community member. Whenever a user watches a video, it would support their work and reward with some MVID. These rewards mainly based on the content of the video and streaming quality. This type of streaming is private, flexible and transparent.
What are Monvid token sales and why we purchase?
The Monvid platform will have tokens marks as MVID, and these tokens will be used as payment options for streamers. Users of this platform has the capability to make payment for watching content by utilising MVID tokens, and it accepts only ETH and USD currency, and token sales price is fixed by ICO, and it is only 0.00005 ETH, and you can get an extra bonus during the symbolic sale and token rate may vary from the first day of sale. The MVID token is used in the smart contract for crowdfunding purpose, and this token has a stable ERC-20 standard, and this standard is used in advanced wallets. At the end of the sale, every unsold token will be burned, and no new tokens will be created after the end of token sale.
Website:- https://www.monvid.io/
Twitter:- https://twitter.com/monvid_io