Introduction
Our mobile devices, personal computers, TV are common friendly devices people use to stream their best shows, news , online tutorials etc. . . to get entertained or educated. Sometimes we have to pay exorbitantly for access and still at some point end up not getting smooth services or rather having signal and location restrictions to view or watch video contents of our choice. Technology is taking a new turn every now and then, streaming videos has evolved into a whole new thing especially with the internet, where we can now get transmission of audios or videos from a source online without having to download data first. Some the providers of these services sometimes just neglect some certain aspects of their service to customers or streamers, like for example travelers restriction,region viewers restriction, slow internet speed or throughput, dependent on a centralized system,adverts online and heavy subscription that follows and yet visible limitations still lessens full customer satisfaction.
So now, imagine an innovation conceived,ready to execute and tackle every one and each of these limitations suffered by people around the world as regards to online streaming of videos of their choice.
MONVID Platform is here to profer solutions to these problems in video streaming globally and also introducing this project powered by blockchain technology. For some years now, the trust in cryptocurrency is beginning to rise and with improved number of mass adoption of digital currency as means of payment. Cryptocurrency or blockchain tech itself is a decentralized system making it the object tool for MONVID to execute their solution to solving the problems faced by video streamers globally.
Monvid wants to launch a decentralized, proxied video and TV streaming platform to escape certain restrictions experienced by people. Monvid also understands the issue faced by people in countries in which censorship or perhaps the TV-providers do not support certain country for showing the contents.
Problems identified by Monvid
Foremost, before executing a project, it is necessary to outline the problems or limitations you hope to provide solutions to, I.e Identify The Problems. A brief outline of the problems identified by the Monvid platform project:
1. Demographics of the world is changing:
Film producers would prefer to release or sell movies in their national territory than to other countries especially under-developed countries where there is high probably of piracy and also low rewards compared to a developed country, hence causing this particular suffering in under developed countries.
2. The need for better hardware and faster internet is growing:
Because of the increasing picture quality of movies released in recent times having high streaming demands of UHD or HD quality plus an inclusive high speed internet requirement, underdeveloped country may find this quite difficult to stream their favorite shows or movies, although they can find good viewing experience on the SD picture quality so far the streaming power is available and possible with their moderate internet speed.
3. Users do not want to pay the same to watch a popular movie as a not-so-popular one:
Movies are perhaps not produced and sold out in terms of how popular the film will turn out to be, regardless they set certain film viewing prices same as that of movies that are popular I.e popularity is not considered.
4. Many possible users do not have banking access or credit cards:
Noticeable amount of people do not have or work with the credit card or use modern banking services. Traditional streaming or film viewing platforms basically demands that a consumer of such service will have to either have a credit card, paypal and others, to pay for their preferred movies. So what about being able to pay for your preferred movies to view with a cryptocurrency enabled system in which you can top up your wallet and purchase or rent any film of your choice, legal and safely.
WHY CHOOSE MONVID?
Monvid's mission is to introduce a blockchain powered platform with a decentralized, proxied video and TV streaming to bypass all existing restrictions and censorship globally.
The platform is innotivately going to function in two different ways
1. Peer to peer video sharing
Video or content owners could be able share their contents to other people to view for free without fees and afterwards the video can be rewarded by the community members.
2. Proxy video streaming
Monvid platform aims to totally eliminate all restrictions of streaming some specific kind of video content,which on a norm a centralized platform user suffers from.With the monvid platform the users can view contents created by owners without restrictions regardless of the user's location anywhere in the globe, enabling easy streaming and safety, simply because the platform only accepts stream packets.
Monvid is going to function with its own improvised payment token called 'Mvid' which can be used by users of the monvid platform to reward video content creators. A truly decentralized platform - Monvid streaming platform.
Monvid's competition
Interested persons in the newly introduced monvid streaming platform would want to know or have a glimpse of how the monvid platform strategically plans to survive amongst other existing streaming platform e.g YouTube,Netflix,Amazon prime and sky.
Monvid platform knows this and know they can strongly compete in the video streaming world by :
- Improved privacy due to a decentralized system ensuring no central servers and blockchain technology ensuring safety of personal information of users and content creators.
- Cost Efficiency: Providing content creators freewill and cost free to upload their content to the platform and users streaming them with a lot less cost than what is been charged. Unlike traditional streaming platforms where viewing fee or subscription fee are standard and the users has no say on the prices needed to be paid before viewing that content.
- No advertisement: providing an utmost environment that is advert free,viewers do not enjoy adverts cutting in when viewing a content.
- Ownership of content: On this platform content creators has sole ownership of their contents power to control and cost tag it the way they please unlike traditional streaming platform where content creators has no power over their uploaded content to their database.
MVID TOKEN
Token supply
Token price and bonus
THE TEAM
Conclusion
To aim at an actual video streaming platform ensuring zero restrictions, safe and decentralized, the Monvid streaming platform has proven to be able to provide this, with its developed technology and the team behind the conception of the platform's idea. Since there are different streaming platforms in existence, monvid has visioned to standout, to bring a true platform of decentralization by adopting Blockchain tech as its functionality basement, hence giving video streaming a new whole look.
For more information about the monvid platform
Links available:
Website: https://www.monvid.io/
Whitepaper:https://monvid.io/docs/white-paper.pdf
Twitter: https://twitter.com/monvid_io
Facebook:https://www.facebook.com/monvid.net
Medium:http://medium.com/@monvid.net/
Instagram: https://www.instagram.com/monvid.io
Telegram:https://t.me/monvid_io
Reddit:https://www.reddit.com/r/monvid/
About Author
Author: Yaksonfella
Bitcointalk profile link:https://bitcointalk.org/index.php?action=profile;u=2322601