Introduction
The video streaming platforms resembling YouTube consume most of the information measure within the network. Videos are the foremost consumed class of content on the net. Several hours of our daily lives are spent on these websites. Growing competition within the video streaming market has pushed several corporations to initiate and launch inventive applications.
We all love YouTube and Netflix. the standard video streaming platform works in an exceedingly centralized manner. What we will see is usually monitored and censored. Individuals are distressed regarding the longer term of centralized platforms and also the harsh regulative nature of those establishments. The supply of earning for these platforms are the advertisements. they assist the platform to thrive within the market.
Within the course of the video out there on the platform, the consolidative authority will deny or take away the video from the platform. In several countries, the constant police investigation an censorship have created an air of insecurity within the minds of users. Now there is a platform called MONVID is launched which is specially designed for video streaming.
Solution Offered
MONVID is launching a decentralized platform of video streaming with the assistance of blockchain technology. The management of the content lies with the user on the platform. They already comprehend the competition within the market as centralized platforms have created a monopoly over the market.
Bypassing the restrictions to form a clear and reliable video streaming platform is that the sole aim of the team. several tools on the platforms are an on the spot results of the use of the blockchain technology. This platform additionally offers the service of proxy video streaming that permits anyone to stream any content that's restricted in any geographical location.
The core objective of the platform is to form a network of P2P that overcomes the limitation and censorships of the standard video streaming platforms. P2P video sharing can enable individuals to share their content while not the concern of being censored or monitored.
Timeline
ICO Information
There are 200 Million MVID Tokens will be created for the project during which 70% is reserved for the token sale. the most token sale is presently survived the platform and continues till 31st August 2018. 35% of the funds are spent on the promoting whereas 30% of the funds are spent on the software package developments.The team functioning on the project is full-fledged within the fields of blockchain technology and software package development.
Bonus Token & Pre-sale
Conclusion
With the growing market size of the video streaming trade, there are more advanced technologies within the close to future. Making a P2P network of video streaming are tough however potential given the advancement within the blockchain technology.
Users are searching for another for this centralized establishments are too massive to fail. The massive growth within the mobile and net adoption has oxyacetylene a huge development of various innovative applications within the trade.
Stay tuned for more updates…Thank you….!!!
For More Information Please Follow:
Website: https://www.monvid.io/
Whitepaper: https://monvid.io/docs/white-paper.pdf
Twitter: https//twitter.com/monvid_io
My BTT Profile:
Cutieepooh: https://bitcointalk.org/index.php?action=profile;u=1207002;sa=forumProfile