EXPLORE AND EARN ON THE MEDIA PROTOCOL PLATFORM

ijsera (34)in #blockchain • 6 years ago (edited)

The present dispensation is witnessing a growing audience of technology orientated users which is largely due to digitalized content. This increasing audience can be equated with the increasing volume of digital content published on the web that can seen in various search engines and social media platforms.

However, with the vast information and growing, the issue of efficiency of dissipation of these content to a wider audience has been the subject of concern to the existing system. To add to the challenge, is the issuance of incentives to the creators.

CHALLENGES

These challenges are linked to the centralized nature of the system. The centralization of digital content has created a kind of monopoly to content distribution. These monopolies are platforms controlled by organizations to dissipate these content.

A major challenge with distribution is its inefficiency associated with its coverage. These contents are usually and mostly within the search engines are and social media platforms. And therefore, the contents do not get to other independent mediums or channels.

These platforms serve as the link between the content creator and content consumer. The implication of this is that the content creators looses their rights of ownership of their effort and rewards are not commensurate with it.

SOLUTION
Obviously, this existing, system does not seem to encourage the ecosystem and as such, a need to reinvent the system. Restructuring the system implies eliminating the third party link to content trade between creators and content consumers, hence restoring the right and revenues as determined of content creators.

MEDIA protocol
MEDIA protocol is an innovation to solving the existing challenge of the content world. This is a platform that allows for the direct interaction between creators and consumers without the interference of a middle agent.
With the middle link out of the system, efficiency is boosted. Content can get to enjoy a wider coverage and audience in the blockchain.

MEDIA Protocol is built on blockchain technology, and so, breaks the jinx of the centralized system. Because of the decentralization, Media Protocol project will be able to place all parties involved in a win situation which is of enormous benefit to the ecosystem.

With the blockchain, it paves room for transparency and especially all transactions will be done in the open. To add, with the blockchain, a cryptocurrency transaction token is created, MEDIA token, and it is compatible with ERC20 wallet.
MEDIA token is the medium to facilitate micropayment that can be exchanged for fiat money

HOW MEDIA PROTOCOL WORKS
The MEDIA Protocol is a two-way interaction process between the content creator and the content consumer.
As the content consumer surfs through a content and makes an input, rewards are being issued by the MEDIA protocol with the MEDIA token which can be used for varying purposes such as, tipping the creator of the content viewed at a discretionary fee or token can be exchanged for other digital currencies. In other words, content consumers get rewarded for surfing and interacting with contents online on daily basis with her identity being anonymous.

So a content creator, ensure that high-quality contents are created and does not have to pay for promotion of the contents to gain wider coverage or audience as the usual norm, rather MEDIA Protocol allows the creators dissipate their works and ensures a direct link with the between parties- Creator and consumers.

TOKEN INFORMATION

Ticker: MEDIA

Token type: ERC20

Token sale: Soon

In summary, MEDIA Project will do a lot of good the content chain in the ecosystem. It will be of great help in dissipating content to a wider coverage and generate more revenue not just to the creator but also to the consumer. In all, it will bring an end to monopoly.

THE TEAM
James Tabor the CEO MEDIA Protocol has a 10years exceptional wealth of experience in advertising, Commercial Rights and Startups. With his knowledge and exposure to AI, Marketing & Advertising, Media Protocol promises to deliver its goal to the society.