Monvid is a new and interesting project, which is a decentralized platform for streaming (online streaming), using digital currencies. According to the developers' team, with the release of this platform, they are going to change the future of the online streaming industry.https://monvid.io/
Streaming market and cryptocurrencies is quite a trendy cooperation and strong idea. The idea of using blockchain as the main tool for managing the streaming process is the key step on the way to new achievements in this area.
This ecosystem rarely has decentralized nature, so each user can feel the difference in comparison with already existed centralized streaming marketplaces.
There are several positive sides of a platform:
1. An ability to share a video with other users via P2P platform. This feature will allow video creators or owners to share in public access free of charge. Also, all members of the Monvid community who have watched this video will be able to leave feedback and evaluate it on their merits.
2. Secure streaming platform. It allows users to overcome various barriers that prevent them live streaming using already launched centralized platforms.
So, what are the key features of Monvid?
1. Privacy. Using a blockchain while the platform's operation is a guarantee of the fact that any data created by the user will be safe and remain confidential.
2. Cost benefits. A vast majority of competitors require payment for a subscription while Monvid is completely free of charge platform. Here, each user can share and view videos without paying for additional or hidden services.
3. No advertising. Explore streaming without annoying ads.
4. An author is an owner. Each video creator has the sole right to own the created tape.
5. Data encryption while transferring. Rapid data transmission and reliable data protection are necessary for the members of the Monvid ecosystem.
This project will be relevant in modern times due to a large number of video bloggers and streamers around the world who want to share interesting information with other users pursuing similar interests.
The Monvid platform provides the freedom of content, so users would enjoy it without any expense and rather annoying advertising.
It is expected that this ecosystem may become one of the leading real-time streaming platforms in the industry in the nearest future. Users will certainly like this platform because the developers of the project declare that there will be no strict video censorship.
Also, Monvid allows users to upload video without fear of being able to be tracked or steal confidential data since all information appearing within the platform is securely encrypted in the blockchain ledger.
This decentralized platform has its own token called MVID (ERC 20 standard) and it was developed to serve as a solution for user reward. Developers declared, that only MVID token holders MVID will be able to watch certainly paid videos.
The video authors will be able to set a certain price for viewing each video. Thus, the MVID token will participate in all transactions that will be conducted in the Monvid ecosystem.
For more detailed information about the project and the terms of participation, I recommend to visit the links below:
☑️ Link to the project: https://monvid.io/
☑️WhitePaper: https://monvid.io/docs/white-paper.pdf
☑️Telegram: https://t.me/monvid_io
☑️Facebook: https://www.facebook.com/monvid.net
☑️Twitter: https://twitter.com/monvid_io
☑️ANN: https://bitcointalk.org/index.php?topic=4390570.0
Author:https://bitcointalk.org/index.php?action=profile;u=1047035
