Revolution in the Broadcasting World Comes with the New ICO On.Live
On.Live is an amazing broadcasting platform; a promising ico; a significant marketplace; an entire ecosystem that provides technology for sharing knowledge to a limited or a mass audience.
The only limit when using On.Live is You.
The Need
With the emerging technologies, both consumers and businesses are beginning to have increased urge both for finding and broadcasting useful information to an ever growing audience.
According to Cisco's Visual Networking Index report, streaming video accounts are expected to reach 82% of the internet traffic share. The digital communication requires the human element to increase its value and reach more eyes.
As per On.Live's Whitepaper,
The global video streaming market for live services was valued at $30.9 Billion in 2015 and is
estimated to grow at a CAGR of over 16% from 2017 to 2024 to reach $123.2 billion in 2024 and we
are going to fill in the gap in the form of live services and paid public broadcasts.
Introducing On.Live
On.Live is a platform in which users will be able to upload videos and monetize them by choosing their preferred business model. The broadcasters may use Pay Per View, Pay Per Minute. In-Steam Payments will be also available.
The services will be available with the use of the Blockchain, in which transactions will take place. In the platform of on.live, users will be able to book their deals, trade and communicate with each other on real time through instant messaging.
Through Live Services the channel owners will be able to distribute and sell their offered services.
Through Live Broadcasts the channel owners have the ability to broadcast live (High Definition) to their audience and also schedule future broadcasts.
Through Transcoding and Relay Nodes, users will be able to monetize through the utilization of their computing power for transcoding operations.
Network nodes perform real, useful work instead of useless computations as it usually
happens in a standard Proof of Work based blockchains
How and Who Shall Use the On.Live?
On.Live will be able to bring together a service provider and a customer. The service provider will sell his services either by private sessions or to a wide audience and get paid through their selected model (PPV, PPM, PPD etc). The Customers will search, find and pay for completed services and for accessing the broadcasts.
On.Live Use - Case
Diana is a doctor and she loves helping people! For her, the pleasure is not only in offering her services but learning from all different cases and people. She is a very active person and has recently found out about On.Live.
Diana has created her own channel in the platform and has uploaded an introduction video. She offers free medical advise and she has also uploaded an offer where 1:1 consultation is available for persons who want to ask for her professional advise.
John has just got the results for some of his check-up but is unsure of what he should do next. He enters on.live, finds Diana and messages her.
Diana is online at the moment she receives John's query and asks him to send her the results online. John sends her all the information and Diana is offering John a free consultation through 1:1 broadcasting .
John is very happy, because Diana has offered him important advise about his health and next steps, so he decides to subscribe to her channel and also donate ONL tokens, to show his gratitude.
ONL Token:
ONL token is an integral element of the On.Live Platform. It is used as a fee currency of transmission and transcoding services to incentivise decentralised computing required for the video live broadcasts. Furthermore, it is the only payment option on our platform.
The Functionality of the ONL Token includes:
- private sessions, where users can reserve online meetings with their selected professional
- public broadcasts through the open, decentralized marketplace
- transcoding services
- broadcasters can be paid charging their services on a 'per minute' or a 'per view' basis
Frequently Asked Questions
When is the Token Sale taking place?
The Ico will be from 11 March 2018 until 11 April 2018
Is there an expected value of the ONL Tokens?
The value of the ONL will be determined by the market valuation
Can I participate in the token crowdsale, and how is it possible?
Yes, anyone can join. However you are required to read the ICO terms and check any restrictions in your country.
How can the participants pay for the Tokens? Is there a minimum amount?
The payment methods are in Ethereum, via Bank Wire or via Debit/Credit Card and the minimum participation amount is 0.1 ETH.
Is your platform on working status?
Yes, the plaform operates on a working prototype.
In the coming months we will concentrate on integrating ONL tokens into the platform and then develop a completely decentralised and autonomous model that will create an open market for processing power required for scaling up the platform, making it uncensorable and unstoppable.
https://github.com/OnLivePlatform
Make sure to visit on.live for more information and follow the On.Live Team at On.Live Website Facebook Twitter Telegram LinkedIn
Something I really liked was the disposition and good intentions by the On.Live Team, who is actively seeking for users feedback and suggestions. Feel Free to contact them, I have noticed that they are always eager to reply both in their social media scene or in their telegram group.
On.Live is a joint project of our team and community. We are flexible in adapting the platform to certain market demands, add features or make any changes to the interface. Be active, and craft On.Live platform to your needs.
As our project is under development we are open to any suggestions regarding user interface and functionalities of the platform Feel free to leave your comments below and contribute to the platform.
Disclosure: This is a post for the On.Live for the Writing Contest hosted by @Originalworks
Source for image 1 &on.live website
onlive2018
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