We now live in a world were cryptocurrencies and blockchain technologies have advanced over the past few years. This has made more and more people to switch from traditional fiat based financial system, towards blockchain and cryprocurrencies specifically.
Netflix, Maxdome or other streaming companies tried to disrupt cable television by making this cheap and easy to stream TV shows online. Now, it is possible to disrupt the streaming TV itself by the new technology called Blockchain. Monvid is one of the companies which is leveraging blockchain technology to solve the pitfalls of traditional video streaming.
Video streaming platforms have become more popular over the past years. Many worldwide customers have discarded traditional television way and joined the new online and attractive replacement. The reason here is very clear, as online streaming platforms are inexpensive or you can watch your favorite show anywhere you are without having a television. You only need to have an internet connection.
But today’s mainstream video streaming platforms like Netflix or Youtube are not really perfect. They have a lot of disadvantages for both content producers and also the viewers.
🔸Privacy: By publishing your contents on a traditional online streaming platform like Netflix or YouTube, you have a limited option to protect your identity and privacy. You can use other usernames for yourself, but honestly, there are a lot of ways to be traced over a centralized network, where you end on a single server. At least the company itself has as many as information from you to be able to identify you.
🔸Cost inefficiency: With online centralized streaming platforms like Netflix or Maxdome, you have to pay monthly or yearly fees to have access to the platforms, and these fees are controlled by the company itself which is the cost inefficiency of these platforms. You, as a customer do not have a lot of option to save your money.
🔸Advert: By hosting your contents on online streaming platforms like Netflix or YouTube, you allow the companies to use the interests of your viewers and show advertisements to them to make more money for the company.
🔸Deprived of power: You, as a content producer on online streaming platforms like Netflix or YouTube, have no more ownership power of your contents when you publish the contents on these platforms.
The Blockchain technology is the new solution in these cases. With its distributed and decentralized network, it makes the decentralized streaming possible! As there are no central servers or companies to control the contents, the costs are being controlled by the content producers themselves. The community can control the quality of contents and reward or rate them and at the end, the content producer can make more money by making high-quality contents over the platform. Viewers won’t suffer any marketing strategies and will enjoy an advert-free streaming over the time.
This is the future of Video Streaming Platforms. Monvid is one of the first platforms which is going to build a better future for content producer and also the viewers!
The monvid platform is a decentralized community network which uses the blockchain technology to cut-pass restrictions, filters, and censorship to deliver a video streaming service platform that is easy to use and advert free. The founders wanted to give people the experience of watching their favorite videos without any restrictions irrespective of where they are. Their vision was to use the blockchain technology.
Currently, we are in a world, a lot of new technology coming out every day, and one of the most important technologies is the Blockchain and the P2P Network Community. Why is this technology one of the most important for this generation? This is because every day, people want to have more privacy, and also more transparency and less censorship and control on their data which are being transferred over the internet.
When we are talking about the Blockchain, you will think about Bitcoin or Ethereum, but these are not the only products this powerful technology can deliver to our life.
The Monvid Platform is one of the first platforms which is connecting the video streaming with the blockchain to make it possible for everyone to enjoy the future of streaming! But how is it possible to connect these two worlds with each other and how does it help us as a consumer? Maybe this is not that important for you in your country, because of your government or your internet provider is not controlling your internet usage and not blocking you for watching every channel, every film, series or shows on your television or on your computer, but there are a lot of other people in other countries where have limited internet access and cannot watch everything! Or maybe the cost of watching such videos or channels are too high and they can not afford it. The Monvid Platform is the platform for the future and wants to solve such issues around the world. With this application, we want to prove that every single person in the world is the same and there is no difference between any of us.
👉Ok, let’s explain how Youtube or other video streaming platforms are working nowadays.
The content creator will upload his content to youtube and youtube will deliver this to it’s CDN servers for a better quality or streaming, but it is all about the Youtube Policy if they want to keep the video, remove the video or censor it, and you as the content creator can not control it, even they can earn a lot of money from your video because of advertisements they will run on your contents.
👉Now, we want to explain how Monvid Platform will help this issue and want to solve it.
The above diagram can look different in the real life, but this is what the idea is. You as a visitor will stream the video directly from n other servers ( nodes — other video visitors ) and can have a better experience in your video streaming. There is no more advertisement and no more censorship, you can what whatever you want and whenever you want.
Pre Sale of Initial Coin Offering already closed! 22M Tokens sold out! MAIN-SALE ICO is running with up to 10% bonus, and it’s gonna ended on 31st of August! So what are you waiting for? Join Monvid right now!
*This is just short article about Monvid, you can read their whitepaper on https://monvid.io/docs/white-paper.pdf or join their telegram on https://t.me/monvid_io for more details information
For more further info, please visit:
Website :https://www.monvid.io/
Whitepaper: https://monvid.io/docs/white-paper.pdf
Facebook: https://www.facebook.com/monvid.net
Twitter: https://twitter.com/monvid_io
Telegram: https://t.me/monvid_io
Author
Bitcointalk Username: Kingsraid
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1936096
ETH Address: 0x2611c981AdAb7109E26D0C1798e7B7F20764d5A3
