Almost all of us love to watch videos about various things. Besides videos, people also love to watch series, movies and many other stuffs. But sometimes while travelling to other countries, we can’t watch our desired videos due to some restrictions of the country or the region. VPN services can’t always bypass the restriction of the video. So that’s why MONVID is there to help you.
What is MONVID:
MONVID is a paid video streaming platform based on blockchain technology. MONVID is a decentralized community network that can bypass the restrictions, filters, censorships to give its users a great video streaming service. It is also an advertisement free service where the users will not be disrupted while watching any video. The goal of the MONVID is to give its users a great video streaming experience without any restrictions.
Why MONVID:
MONVID platform uses P2P or Peer-to-Peer network. Here peer means a computer system where computers are connected with each other via the internet. In this network, no central server is needed, as each computer works as a file server along with the client. Files can be shared directly between systems on the network. The advantage of the P2P network is, files can be shared very quickly and directly from one computer to another computer without the necessity of a central server. MONVID streaming keeps transparency, flexibility and privacy.
In MONVID , the content creators can share their videos for free and they can be rewarded by the users. If a content creator makes a quality video and any user wants to support their work, the users can reward the creator with MVID token. MONVID is based on Ethereum blockchain, so the transaction is fully safe and transparent.
Besides, MONVID offers an add-free experience to its users.
NO Boundaries:
In MONVID , there is no restriction while watching any videos. Sometimes some countries or regions restricts some videos. If anyone travels to these places, they can’t watch them at all. Even sometimes VPN services can’t bypass the restrictions and also VPN slows down the streaming speed.
But with MONVID, there is no boundary in watching desired videos. MONVID offers its users a great video streaming service which has no restriction at all! It’s based on blockchain technology, it can bypass the restriction. Because of the p2p network, a bridge is created between the users and the creators. So, it doesn’t actually matter where the user is located. The user can directly watch videos without restriction, filtration from anywhere on the globe.
Problems in the market:
There are almost 2 billion adults on the earth who doesn’t have formal banking access or doesn’t own any credit cards. The traditional video streaming websites only accepts the payments via credit cards, PayPal or gift cards. Most of the consumers live a cash only life and so they can’t pay for these easily. But MONVID accepts cryptocurrency as the payment and allows the users to use their digital wallets of cryptocurrency.
Besides, there are some problems in the pricing of the movies. All of the movies are of the same price. But older and not-so-popular movies should have lower rates.
The Initial Coin Offering of MONVID has started on April 15, 2018. The main sale is from 1st June to 31st August. The name of their Token is MVID token. The price of the token is set from $0.05 to $0.10. The investors will also get some bonus for their investment. The company will give them 30% bonus for the first 7 days of the sale. The bonus decreases as the day increases. The investors can also get more bonus if they invest more than 10 Ethereum (ETH). There are about 200M Tokens in their hand and only 70% of the tokens will be for sale and rest is for the company. After the sale, no new Tokens will be generated. Already 60M Tokens has sold out so far. For more details you can visit https://monvid.io/ico.
Conclusion:
MONVID believes that cryptocurrency in video streaming will be a big deal in the future. Besides, watching favorite videos without any disruption and restriction is desired by all the users. And MONVID is providing it to the users very easily.
