Good day everyone, i would be introducing you all to this interesting project called EVERY MEDIA BLOCKCHAIN PLATFORM,A new media ecological public blockchain for unbundling BAADD media.Today i would be writing about the following;
A) WHAT IS EVERY MEDIA BLOCKCHAIN PLATFORM ?
B) SOLUTIONS
WHAT IS EVERY MEDIA BLOCKCHAIN PLATFORM ?
Every Media blockchain Platform
In order to solve the social problems caused by BAADD media, we propose an ecosystem which anyone can implement a decentralized service by unbundling the mechanism of the media and combining blockchain technology and coin-ecosystem for value exchange.
Economic inequality due to distribution monopoly
- Traditional media business under Attention Economy has faced a stage, where it cannot grow itself.
- Distribution of Economic profits for a few of large media firms.
- A vicious circle of BAADD Media’s exclusive expansion.
Biased dissemination of information and political abuse
- Information is concentrated by traffic that concentrated on a few of large media firms.
- Only the information selected for the media is exposed to the user.
- Attempt to exploit exposed information.
Personal information leakage
- Companies who aim to collect Big data, excessively store and collect personal information.
- BAADD Media's cases of hacking personal information have been continuously found.
Infringement of personal information sovereignty
- The media collects personal information that the user does not recognize.
- An unexposed business revenue structure for BAADD media’s profit creation.
- Using the personal information for the advertiser of BAADD Media to reach their own purposes.
Digital addiction
- BAADD Media’s Psychological manipulation for maximizing of advertising impact.
- Users’ emotional problem and social problem occur due to the media contents addiction.
SOLUTION
Pricing and reward mechanism that gives value to participants Support of Decentralized self-sufficing media business Safe and self-directed recovery of right to control individual information Organize decentralized self-regulatory organization Digital addiction prevention on platform.
At first, we need to learn the characteristics of a product called ‘information’ which is a product distributed in
the media platform. Information is everything that can be digitized, such as news, books, movies, music, images,
social network services, and so on. All this information can be categorized by paying money or for free, and if
we limit ourselves to information materials which are content produced by news and social media, they are
generally free. Although there is a production cost, but the distribution cost is close to 0. Also, there is no
additional expense for duplicating the content, so the marginal cost is close to 0 under digital environment.
A pricing and compensation mechanism that can be actualized with blockchain technology that changes a simple
Internet of Information to Internet of Value. Because it records the value of distributed content on a distributed
ledger that can be trusted, sets a price, and provides the participants a payment function.
As a result, the actualized mechanism gives each participant a value such those detailed as below.
• Author (Reporter, power blogger, influencer, general content producer)
Reward for producing content actualizes higher profits, motivates people to produce better content, and
maintains the community more firmly by making the people think of fame and influence important. Also,
it allows people to focus on producing high quality content through additional support etc.
• Consumer
Consumers use their influence on authors and receives reward by showing their opinions. Also, they
receive additional reward through the distribution of content. Through this, consumers promote the
distribution of good quality content within the community and obtain an opportunity for consuming
content with better quality.
• Advertiser
Advertisers can expose the advertisement, which is above board and has a low fee, to the right target
directly without the intervention of 3rd party.
THANKS FOR READING.
To know more about this platform;
visit the website: http://everymediaplatform.io/en/index.html
join the telegram group: https://t.me/everymediaplatform
my bitcointalk link: https://bitcointalk.org/index.php?action=profile;u=1070043
whitepaper link: http://everymediaplatform.io/en/whitepaper/EMP_Whitepaper_EN.pdf
facebook link: https://www.facebook.com/official.embp/
twitter link: https://twitter.com/emp_official_tw
Bounty thread: https://bitcointalk.org/index.php?topic=4986481