Who does not like funny video cats? Videos are the most consumed category of content on the Internet. We all know about this fact from our personal experience. Platforms for streaming video, such as youtube, consume most of the bandwidth on the network. We all love youtube and Netflix. These sites spend many hours of our daily lives. The traditional platform of streaming video works centrally. What we see is always controlled and censored. During the video available on the platform, the centralizing authority can refuse or remove video from the platform.
In many countries, constant supervision and censorship created an atmosphere of uncertainty in the minds of users. People are concerned about the future of centralized platforms and the harsh regulatory nature of these institutions. The source of earnings for these platforms are advertisements. They help the platform to thrive in the market. Growing competition in the video streaming market pushed many companies to innovate and launch creative applications.
Monvid is a decentralized website for streaming video. It promises users access to all content regardless of your location or any government barrier, and without having to view these annoying ads.
Monvid will become a platform for streaming paid content, this platform will allow participants to watch videos and movies, the work of this platform will be effective using crypto currency, and users will also be rewarded.
PLATFORM.
The functionality of the Monvid platform will be implemented in two different ways and will include:
• Sharing peer-to-peer movies: users will be allowed to share their videos for free, everyone can see them, and also receive rewards from community members.
Users will receive MVID awards from followers who like their work.
This transfer process will be transparent, confidential and flexible.
• Transmission of proxy video: the second way the platform works is through this process.
CURRENT MARKET PROBLEMS.
• Demographic changes in the world.
• There is an urgent need to improve the hardware and the availability of a growing Internet.
• Users usually do not want to pay as much as a popular film, like those that are not very popular.
• Many users do not have access to banks and credit cards.
A possible way to compete with this strong competitive competition is to provide the following:
• Availability of confidentiality.
• Economic efficiency.
• Deleting ads.
• Producers will own content.
• Encryption of data transmission.
TECHNOLOGICAL DEVELOPMENT Monvid.
The Monvid team will focus mainly on the evolution of technologies that will make it easy to deliver content in countries that are underdeveloped.
The main technology to be used is decentralized blockchain technology.
An internal CDN service will be created on the blockchain network, it will allow people to join and place videos and movies, and there will be a better opportunity to offer content to these countries.
MARKETING STRATEGY.
The suppliers that will be selected for this platform will consist of those who have very high access to social networks. The goal of this platform will be announced through social networks and local partners available in each market.
Details of ICO: The
sale of tokens will take place from June 1 to August 31, 2018. The MVID token value is 0.10 USD. For sale, 140 million tokens will be available. The minimum objective for collecting at the time of sale will be reaching the goal of $ 500 thousand, and the maximum $ 5 million.
Distribution of tokens.
70% will be for a symbolic sale.
15% will be reserved.
10% will be for the team.
5% will be for a fee.
The massive growth of mobile and Internet applications has caused a massive development of various innovative applications in the industry. The creation of a P2P streaming network will be difficult, but possible given the advancement of blockchain technology. Users are looking for an alternative to the current centralized institutions, which are too large to fail.
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
My Bitcointalk Username: honpaulo
My bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2117127