The recent dip in the prices of cryptocurrency suggests now is the best time to buy into some of them. A careful study of the current market trend reveals a potential bull run, the prices will spike up in the coming days baring massive potential earnings for people who took advantage of the situation.
The cryptocurrency market witnessed a bull run pattern of the price value of cryptocurrency during the early deployment of bitcoin which topped the chart with about $20,000 price value before plunging into the deep as we currently have it. Professional analysts have forecasted the same trend to occur soon as the current dip reaches a tipping point. The exact time isn't certain but one thing is for sure, the value of cryptocurrencies as we currently have it will be doubled in if not tripled within a short while.
Participating in ICOs is a great way to take advantage of this current market state, a promising ICO I'll be discussing today is the MONVID ICO. Monvid is a streaming platform set on a path of disrupting the traditional way of streaming video, taking advantage of the dynamic blockchain technology, the team at Monvid seeks to break away from the current state as well as barriers limiting video streaming globally.
MONVID STEAMING PLATFORM
Due to the blockchain technology and the fact that it is decentralized enable Monvid to provide its users with services that are better than what they are already getting. - Antonio Jacobs CEO of Monvid.
The Monvid platform is a decentralized community network which uses the blockchain technology to cut-pass restrictions, filters, and censorship to deliver a video streaming service platform that is easy to use and advert free. - Source
Many users of video streaming platforms find themselves drawn to the exciting world of video streaming, I like series movies like The Originals and Viking, some users like music videos, kids prefer cartoons while some others prefer sports such as soccer and basketball. This goes to prove that we are all in some way, attracted to our televisions or laptops for our viewing pleasures.
Unfortunately, many users have been made to endure expensive fees as subscription before they can enjoy these services offered b video streaming platforms. Restrictions have been placed on certain contents that can be viewed by users due to their geographical location, and this serves as a deterrent to maximizing the full potential of video streaming platforms.
The Current Problems
Piracy of video contents created by hardworking creators has always been a problem. These contents have been recreated, altered and perhaps distributed without the authors' consent or incentive as a reward to the original creator of these contents.
The inability of some users to access a high definition or ultra high definition streaming service due to inefficient hardware or low-quality internet services. In an ideal scenario, a user with access to a minimal internet connection at an average speed should be able to enjoy a good streaming experience similar if not 100% as the same as another user the optimum internet service.
The Exorbitant viewing fees charged by the video streaming platforms is owed to the pricing strategy of video suppliers which cannot distinguish high-value video content from the lesser ones. The pricing model can be attributed to the production year of the video or movie in this case. There should be a more flexible pricing model for users to choose from depending on contents viewed.
The Solution - Monvid Video Streaming Platform
Having recognized these pressing issues in the industry, The Monvid Video Streaming platform has been structured to function in two different ways to ensure these problems are solved. Should further issues arise in the future, the team is fully equipped to provide a solution to it.
How it Works
Peer-to-Peer Video Sharing: The peer-to-peer video sharing is a vital function that enables original video content creators to share their contents with everyone on the Monvid platform at no charge. Rewards for viewing the video by the users will go straight to the video creators. The problem of piracy is solved due to the fact that original content creators take credit for their own instead of pirates that recreates the video contents without the author's approval. The MVID token is employed as a means on an incentive to reward the video owners.
Proxy Video Streaming: With this function being made possible by the brilliant use of blockchain technology, users can now cut across barriers and restriction set by video streaming platform on contents viewed according to their geographical locations. The Monvid Video Streaming platform utilizes proxy video streaming to deliver video contents to all users around the world irrespective of the location of the viewer or the author.
Why you should participate in Monvid ICO
Although there are some strong competitors in the current market that holds a strong position in the video streaming industry, some of these competitors such as Netflix, Youtube, Amazon Prime, etc. are not such formidable opponents due to Monvid Special features and advantages.
The decentralized nature of Monvid streaming platform creates a more flexible and transparent ecosystem to the video sharing community. Users can now enjoy cost-efficient high-quality video streaming service free from censorship and restriction on the Monvid Video Streaming Platform. These edges position Monvid ahead of its competitors offering better and more convenient video streaming service at a reduced cost compared to the current pricing model.
MVID Token Sale
Token Name: MVID
Main ICO Sale: $0.05 - $0.10
Bonus: Varies from up to 30% on the first date
Main ICO Starts: 1st June 2018
Main ICO Ends: 31st August 2018
Soft Cap: $500,000
Hard Cap: $5,000,000
Max Token Supply: 200,000,000 MVID
Team
The Monvid ICO 10 man team is led by Antonio Jacobs who is a highly motivated entrepreneur with years of proven experience in the industry. The team is dedicated to providing solutions to the pressing issues of the video streaming platforms by implementing the Blockchain technology.
Road Map
2017 Q1: The idea & first marketing research Monvid
2017 Q3: Gathering more information about CrowdFunding
2018 Q1: Token Sale Preparation ICO
2018 Q2: Token Pre-Sale & Start of the Token-Sale
2018 Q3: Token Sale finishing and getting listed on Exchanges
2018 Q3: Alpha releasing of the Monvid Platform
2019 Q1: Releasing the final version of the Monvid Platform
Conclusion
Almost a decade ago, blockchain and cryptocurrency came to us full of potentials and opportunities. Application of this amazing technology has been integrated into areas of commerce, entertainment, real estate and lots more. The proposed application of cryptocurrency and blockchain into the video streaming platform by Monvid is indeed a very promising one. The success of this project will be owed not only to the dedicated team of proven experience in the blockchain technology but also to the investors and users who share the foresight of this promising project.
For more information on Monvid ICO:
Website: https://monvid.io
Whitepaper: https://monvid.io/docs/white-paper.pdf
Telegram: https://t.me/monvid_io
Twitter: https://twitter.com/monvid_io
Facebook: https://www.facebook.com/monvid.net
Medium: http://medium.com/@monvid.net/
Reddit: https://www.reddit.com/r/monvid/
Instagram: https://www.instagram.com/monvid.io
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=4390570.msg39103135#msg39103135
Authored by Tymix12
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1366638