Monvid-Streaming Platform

ololatide (11)in #cyptocurrency • 8 years ago

Videos, films, series or watching television in general are a bit expensive in terms of subscriptions and also frustrating when an individual travel and then found out that the country has placed some kind of restrictions on the content and you cannot view nor do anything about it. Monvid platforms gives solution to this problem, Monvid platform, is a paid content video streaming platform and a adverb-free, and a proxied video streaming platform. The platform allows all type of members to watch videos and movies without any restriction in every country without having access to any extra infrastructure and banking access. The platform will work with help of cryptocurrencies, the decentralized money transfers with the monvid token called (“MVID”) to reward the users and content owners.

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.

The platform is going to be developed to function in two different ways:

Peer-to-Peer Video Sharing This functionality will allow content owners and video creator to share their videos for everyone to see for free without any fees and this video can then be rewarded by the community members.

Proxy Video Streaming Monvid platform allows users to be able to bypass any restrictions that would have hindered it from streaming videos on the normal centralized platform.

Below are some of the services that make Monvid different.

● Privacy — the blockchain technology which Monvid is based on will ensure that every content creator and user’s personal information is safe and secured.

● Cost efficiency — Monvid distributed and decentralized network allows content creators to share their resources with the community members free and the users stream these content for a lot less than what is been charged.

● No Advertisements — Monvid aim to give its viewers the abilities to stream videos online on the platform without any advertisements cutting in or disrupting the whole experience.

● Ownership of content by the producers — on the Monvid platform, the content creator has sole ownership of their content.

● Encrypted data transfer — data transfer on the Monvid platform are encrypted and untraceable providing extra security to users and content creators.

TECHNOLOGY

The developers and the team of monvid is focusing on the new technologies, which makes the platform possible to deliver the contents easily in underdeveloped countries and other countries. The main technology we are going to use is the decentralized blockchain technology. With this technology, the platform intends to store packets of the contents of the blockchain which is highly encrypted and can’t be controlled by any agency or government. The internet speed is not the same in all countries especially in underdeveloped country monvid is building an internal CDN service on the blockchain network where people can join and host videos and movies to give a better possibility of serving contents to such countries. This is also allowing people in the community to earn extra money for hosting the nodes of platform.

THE MVID TOKEN

With the creation of the MVID Token we are taking a step towards fulfilling our mission but also to leading the International Film Business further into using and accepting virtual currencies.

Details of TGE (Token Generation Event

Token ............................. MVID

Platform .......................... Ethereum

Standard ......................... ERC20

Amount ............................ 200,000,000

MVID Price .................... 1 MVID = 0.03

Payment .................... ETH, BTC

Soft stamp .................. 500,000 USD

Hard cap ................. $ 5,000,000