It's easy to imagine a situation where when watching a streaming video, obsessive advertising constantly interferes with viewing your favorite movie, or when you pay for subscribing to a streaming site, it turns out that the site in this region is unavailable. In addition to the spoiled mood, users also spend their own financial resources for what they can not receive in the end result.
The company Monvid offers a unique service for streaming video, which will save users from these problems and allow you to enjoy watching video files without any restrictions.
The distinctive features of the Monvid project from such platforms:
Confidentiality.
Through the use of blockchain technology, each creator of a unique video content will be confident in the security of their data.
Efficiency of costs.
Similar projects that offer users video viewing services, in most cases require users to subscribe. By applying the principle of decentralization, on the platform of Monvid, users will be able to freely share their own resources with other members of the system.
Complete lack of advertising.
Participants of the platform Monvid will be able to fully enjoy viewing the form without intrusive commercials.
Absolute ownership of copyright on the created content.
Owners of content have absolute ownership of all the content they create. Creators are offered the opportunity to dispose of it at their discretion.
Use of data encryption.
The transmission of information in encrypted form guarantees to each participant of the system and to the owner of the content the maximum safety and security of information.
Technological features of Monvid .
Developers of the Monvid platform plan to use two different methods that will ensure the reliability, unlimited and availability of streaming video:
peer-to-peer sharing;
streaming proxy.
Peer-to-peer video sharing will provide the owners of video content with the opportunity to share with other participants absolutely free of charge. As a reward, community members can get MVID tokens. This type of data transfer is transparent, flexible and confidential.
Proxy streaming video uses specially created bridges for data transmission, which are used to broadcast the video to the user. A feature of the proxy streaming video is the ability to apply the service anywhere in the world, regardless of the location of the content creator and its end user. Thanks to decentralization, it is possible to exclude restrictions that have become an obstacle to other similar services.
The main technology on which the platform is based is blockade. With its help on the platform, all packets of block chain data are stored in an encrypted form. Thus, they are absolutely inaccessible to other users, to intruders, or even to state structures. The data is completely encrypted and is in absolute safety and security.
Also, the technology of blockchain means a decentralized type of information storage, which means storing not on one service but on several.
Features of token.
Inside the platform will operate an MVID token based on the Ethereum platform and compliant with the requirements of the ERC20 standard.
The total number of tokens submitted by the company's management is 22,000,000 MVID.
The generated tokens are distributed as follows:
70% - put up for sale;
15% - retained as a reserve fund;
10% - provided for the project team;
5% - will be directed to charitable needs.
Public sale of the tokens will take place from June 1 to August 31 this year. The cost of 1 MVID is set at $ 0.05 - $ 0.1.
Softcap of Monvid is 500 000 US dollars. It was reached within the preliminary stage of the token. Hardcap is equal to 5 000 000 US dollars.
The funds that the company will help out during the ICO will be distributed in the following areas:
• 35% - marketing campaign and promotion of the platform;
• 30% - software development;
• 15% - purchase of equipment, improvement of infrastructure;
• 10% - legal aspects;
• 5% - administrative waste;
• 5% - remuneration of partners and investors.
Behind the formation of the product is a team of 10 people, three of whom are co-founders. Antonio Jacobs - CEO and co-founder, has many years of experience in the IT field and is the developer of the ideas behind the project. Antonio Jacobs confirmed his confidence in this project precisely because Monvid gives its users complete control over their actions, being a decentralized project, and also using technology that is now known for its transparency, security and reliability. Edrien Werner, the CFO and co-founder, will ensure that everything is as it should be in terms of the financial results of the project. Stephen Morris-the technical director of the co-founder, provides technical vision and support of the team. The remaining seven team members have their place in this company, and have extensive experience in the blockchain industry, marketing and software development. Gabriel Sontoro is a marketing manager. Carlos Fuentes is a backup developer. Samir Martin is a developer of blockchain. Diego Cruz is an engineer. Alessandro Rossi is a software developer. Ricardo Gonti is a network engineer. Pablo Lopez is a software engineer. Alessandro Rossi is a software developer.
For more Information:
Website: https://monvid.io/
White paper: https://monvid.io/docs/white-paper.pdf
Twitter: https://twitter.com/monvid_io
Telegram: https://t.me/monvid_io
Facebook: https://www.facebook.com/monvid.net
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