MediaToken, a blockchain platform dedicated to tokenization of social media and powered by BANKEX, is currently entering a new, extremely promising market — YouTube. The MediaToken project is already working with several outstanding bloggers, and this will bring blockchain to the largest video syndicate in the world.
- Why YouTube?
YouTube has changed drastically since its founding in 2004 as a simple video-sharing platform. It is now an enormous business that represents a significant percentage of Google’s advertising revenue: YouTube costs over $6 billion to maintain annually, and the site is estimated to produce over $7 billion in 2018.
On the one hand, YouTube has transformed from a video platform into a whole business with an income of more than 5.6 billion dollars a year. On the other, this has led to problems that many users have often raised over the past few years.
As soon as the platform redefined itself as a place for self-expression of talented people, the world met hundreds of gifted musicians, artists, gamers and jokers. But this made it even more difficult to gain entrance to the internet elite. So why does a talented video editor get so little for her work? Why is there such a huge challenge in breaking through to fame? One reason is that YouTube is a huge market where there are no established democratic methods of financing.
- BANKEX Way to Help YouTube Channels
BANKEX considers video blogging a business and, through the blockchain, we have found a way to better finance them and build their audience.
We understand that it is very difficult to draw attention to your channel without the necessary investments and paid advertising. If you are an average lifestyle blogger, your metrics will grow very slowly, and in some cases, start to stagnate. If you want to achieve influencer status you need money to improve the quality of your content and promote it.
Each channel on YouTube has its own natural level of audience growth. But marketing helps to increase views several times a short period. Even so, bloggers are still faced with the high cost of video equipment, high competition, and a natural channel growth ceiling.
How does MediaToken help in tokenizing an account?
- The owner provides the account address
- The technology processes the data about your account and estimates the amount of funding you would attract from potential investors
- MediaToken will be created and listed on an exchange where it will be purchased by investors all over the world
- Individuals purchase the tokens and monitor the development of the account.
- The account is written on the blockchain, its registered token is created and it becomes liquid because it appears on the exchange. Tokens can be bought and sold by receiving profit sharing from them under the terms of the smart contract.
If you have any difficulties understanding the way MediaToken works with YouTube channels, please, watch the video:
- Benefits of the solutions based on BANKEX Proof of Asset:
For account owners:
— New source of funding
For investors:
— New opportunities to invest in a fast growing business from anywhere in the world
— The transparency of investments, control of expenses, and keeping track of funding.
Thus, YouTube users and potential investors will benefit immensely with the integration of blockchain into the video-sharing platform. MediaToken, powered by BANKEX, is a perfect solution for tokenizing a youtube channel, resulting not only in growth of audience, but improving the quality of content.
If you have your own business or project that you want to tokenize, we will analyze it! Please submit your requests to the e-mail below: vb@bankex.com
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