Website: https://www.videocoin.io
Internet traffic continues to explode around the globe (growing 24% annually) with the overwhelming majority of IP traffic dominated (growing past 80%!) by video distribution, storage, and encoding demands. In essence, video is now the Internet.
Current challenges faced Centralization, Rising Costs, Privacy, Regulatory, Censorship.
VideoCoin introduces the most significant disruption to today’s video industry by deploying a decentralized video encoding, storage and content distribution network. It turns all cloudbased video services into an efficient algorithmic market, running on a new blockchain with a native protocol token.
The VideoCoin Network dramatically reduces the cost of encoding, storing, and distributing Internet video by 50% to 80% through productive use of the $30 billion in wasted Internet computing resources, freeing capital to allow an entirely new and innovative ecosystem of video apps to emerge.
World Class Team:
Participants in the VideoCoin Network earn tokens for taking their unused data center computing resources and putting them in a pool for mining, hosting, processing, or delivering videos.
Storage miners
Earn Tokens to store videos. More storage pledged, better rewards.
Distribution Miners
Earn Tokens to deliver videos (like a CDN). More bandwidth, better rewards.
Compute Miners
Earn Tokens for providing CPU time (for transcoding). More compute, better rewards.
Relay Miners
Earn Tokens to relay storage on third party servers (e.g., unused capacity on AWS), More storage + bandwidth, better rewards.
Follow more into VideoCoin by it's social channels
Find out more about the project at https://www.videocoin.io
Token Sale Whitelist: https://videocoin.io/participate/new/
Join our Social Channels
https://twitter.com/VideoCoinHQ
https://medium.com/videocoin
https://www.reddit.com/r/VideoCoin/
https://videocoin-slack.herokuapp.com/
https://t.me/videocoin
https://www.facebook.com/videocoin
https://www.youtube.com/channel/UChyso79nMDhzDm0l0e7UuYQ