BuzzShow is a fully developed reward based social media video network that rewards the users with BuzzShow Goldies Tokens for creating, curating, sharing & viewing videos. Exspecially, it has a strong and excellent platform, base on IPFS that we are about to find out following.
The platform intend to use IPFS (InterPlanetary File Sharing) in its future releases to ensure that the content is truly decentralized. This allows files to be stored without relying on a centralized database as most video websites rely on. As a result, it is not susceptible to any DOS attacks or ransomware attacks because the videos will be held in multiple systems. The benefit is that it is faster, more open and safer than the centralized database reliant methods of video streaming.
This technology is useful for BuzzShow because it allows the platform to be truly decentralized while saving bandwidth costs considerably. Under these scheme content creators and curators, are forced to share the remaining smaller part of the revenue, despite doing most of the work.
Buzzshow aims to disrupt the industry by giving all parties involved a stake in the revenue generated from content creation. the BuzzShow platform stores a record of all the videos that are created, the money paid by advertisers and the money given to content curators, creators, and consumers in a single distributed ledger. This promotes decentralization, security of the records and confidentiality of the users on the platform.
As more people will become aware of the platform and more features will be added, the platform will aim to become one of the lead players in the video social network space and in the long run possibly even might be able to surpass most of the competitors because of the value it offers to every one in the value chain.
Buzzshow Token
Token Sale Description
The goal of the Token Sale is to release the developed and tested Buzzshow platform into the market and expand the network of viewers and content creators using the Buzzshow system and getting rewarded with Buzzshow Tokens. Buzzshow has already created an alpha version of the platform that contributors can access through the website. The Token Sale coins available will be capped at 150 million Goldies.
Features of Buzzshow
Users on the platform will earn money when they upload their first video on the platform. This is a very simple way of earning Goldies even before the demand on the site grows. They can also earn with every confirmed referral on the site. Once the user registers based on their referral, they also get some Goldies. Another feature is the ability to create channels and upload a video for free. No paid option offers content creators greater capital opportunities. Everyone starts at the same price, and it is completely free for everyone. This discourages firms from paying for preferential treatment on the platform. They will support their favorite content creators by sending Goldies. These Goldies will not be charged an outrageous transaction fee like Patreon and other donation platforms, but rather a micro-transaction fee that is near zero. This will ensure that creative content creators get the support they need.
Additionally, content creators can sell access to their content allowing them to earn Goldies if their content is of high quality. Users can access this premium content by paying Goldies they earn on the platform.
Online Video Storage with IPFS
Buzzshow will be using IPFS to avoid the use of a centralized control center for the videos. This ensures that the videos are stored in a truly decentralized manner.
As a result, any connection problems in specific regions do not affect the rest of the files. The videos will also be subdivided into multiple parts that are duplicated to ensure that it can be retrieved even when there is a problem on the blockchain. The content created will always be secured.
Team member:
Offer Kohen, Seriel Entrepreneur and Film Director: Offer is a visionary innovator in disruptive technology development, film director & producer….
Robert Ezri, Head of Blockchain Development: with over 15 years of experience in the design and implementation of real-time. Robert is uniquely qualified to lead the Blockchain and Smart Contracts development effort.
Moazzam Ali, IT Operation Manager: Ali is in charge of the many platform projects currently under development.
Avner Parnes, Investment & Funding Advisor: is a reputable financial mogul, Member of the original ICQ founding management team sold to AOL. He has facilitated the sale of Gui Machine to SAP, JCupid to JDate (Spark Networks), kSolo.com to Fox Interactive, and Yedda.com to AOL.
For more information, follow these link:
Whitepaper: https://tokensale.buzzshow.com/resources/files/buzzshow_whitepaper_english.pdf
Website: www.buzzshow.com
Facebook: https://www.facebook.com/buzzshownetwork
Twitter: https://twitter.com/buzzshownetwork
Youtube:
Telegram: https://t.me/buzzshow
Reddit: https://www.reddit.com/user/BuzzShow
By: larrybabs
https://bitcointalk.org/index.php?action=profile;u=1249538
