The Monvid platform is a decentralized place which engages blockchain technology to short-circuit limitations in order to render video streaming that will be user-friendly. The aim is to offer viewers a pleasant place to view their preferred videos without hiccups, with the aid of blockchain technology.
Monvid's platform is divided into two sections, Proxy Video Streaming, and Peer-to-Peer Video Sharing. The Proxy Video Streaming: This permit platform users to stream videos without any limitation. Irrespective of a user location restriction to video streaming, he/she can stream any video due to the stream packets of Monvid platform, without the user been indebted to the location streaming policy. While the Peer-to-Peer Video Sharing: will permit the free communication of videos among platform users without charges. Viewers can reward the creator of contents with MVID token. The rewards are free will and the streaming are guileless and anonymous.
PROBLEMS OF THE VIDEO STREAMING MARKET
There is a persistent delicate challenge faced by film producers and film sales agents in marketing their contents in nonindustrial countries due to the peril and little profit that is generated in such countries. These risks range from piracy, legal disadvantages, and shortchanged of dividends among others.
The rise in quality of video contents has toughened the downloading capacity of electronic devices due to the inability to access high-speed internet connections as well as the durability of hardwares.
There is no discrepancy in the pricing of top Video on Demand provider. The pricing is based on recency, which makes VOD unattractive, thereby increases the cost of transfer.
Bank Debit cards are a prominent means of transactions for payment of VOD, and these have led consumers with cash to patronize pirated contents.
MONVID SOLUTION TO THE PROBLEMS
Monvid platform team will develop unmatchable technology that will enable the rendering of contents to all destinations around the world.
The Monvid invention will save packets of the contents on the blockchain. This decentralized encrypted contents will prevent government control of video contents, as well as other limitation.
Monvid will establish a private CDN service that individuals can subscribe in order to lunch contents, enables less privileged individuals to get money on a client of Monvid platform.
PROMOTION OF MONVID
Monvid will be promoted on media platforms with massive subscribers. This will be a prominent means of promoting platform as people have easy access to social media platforms. Our presence will be printed on all social media platforms to enable the reach out to a high population of people all over the world.
Both the decentralized and proxy content will be released, both will be harmonized and will surely will increase our place in the market.
There will be monvid Ambassadors in every country in order to engender the educational initiatives and charitable trust.
MONVID TOKEN SALE DETAIL
Token Symbol: MVID
Token Type: ERC20
Total Supply: 200,000,000 MVID
Price: 1 MVID = 0.00005 ETH
Soft Cap: $500,000 (Achieved)
Hard Cap: $5,000,000
NOTE: MAIN-SALE ICO is live and it will end on 31st of August 2018 with 10% purchase bonus.
In conclusion, Monvid team is professionals that are dedicated to the delivery of the vision, which entails a decentralized and proxy VOD and TV streaming platform that will short-circuit all limitations.
For more information on this project, visit the following links:
Website: https://monvid.io/
White Paper: https://monvid.io/docs/white-paper.pdf
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=4390570.msg39103135#msg39103135
Twitter: https://twitter.com/monvid_io
Facebook: https://www.facebook.com/monvid.net
Authored By: https://bitcointalk.org/index.php?action=profile;u=1023247