MONVID: DISRUPTING THE TRADITIONAL VIDEO STREAMING PLATFORM WITH AN INNOVATIVE DECENTRALIZED PLATFORM USING THE BLOCKCHAN.

in #blockchain6 years ago

Hello readers, in this review article i shall be introducing to you the best platform that has been designed to add value to video streaming and content creators as well. i am referring to MONVID Decentralized platform.l

INTORDUCING MONVID PLATFORM

It will interest you to know that MONVID is a decentralized video and TV streaming platform which is designed to operate globally without being limited by regulations and censorships. The decentralized nature of the blockchain technology will allow users across the globe the freedom to watch any movie of their choice on the MONVID platform. The aim of the MONVID team is to transform the movie streaming platform by rendering a better service to MONVID users compare to the existing traditional movie streaming platforms. And solve some problems hindering the traditional streaming platform from an effective and efficient movie streaming services.

CHALLENGES FACING THE EXISTING TRADITIONAL STREAMING PLATFORMS
-INACCESSIBILITY: Due to the high quality of videos being produced recently, it requires a better hard ware and strong internet network. This is not common in some poor and undeveloped countries who managed poor internet connectivity for browsing .Due to this challenge dwellers of such countries find it difficult to stream and watch online movies. This is why MONVID has been designed to allow Movie streaming with less data size and high internet speed.
-Lack of appropriate incentives and rewards for film distributors. The distributors who are given movies by producers to sell or distribute around his country finds it reluctant doing so, due to the fact that there are no good rewards or incentives attached to this in that countries.
-Unnecessary restrictions from authorities: A lot of countries have laws and regulations that restrict people from selling, buying or even watching some movies.

MONVID HAS COME WITH SOLUTIONS
MONVID has created a platform that will proffer solutions to all the problems facing movie streaming globally such as:
-Decentralization: the good thing about MONVID platform is the fact that it’s a decentralized platform, this means there is no central authority controlling it, and users are free to buy, sell and watch any movies of their choice at will.
-Another problem MONVID is set to solve is by providing opportunity to a lot of people around the world who do not have bank accounts, credit card etc to be able to buy and watch movies using cryptocurrencies.

THE UNIQUENESS OF MONVID PLATFORM
-It will interest you to know that MONVID is designed to function in two different ways namely: peer to peer and proxy video streaming.
1.Peer to peer video sharing is set to allow content owners and video developer to share videos to everyone without cost and the video can be rewarded by the community members. Whenever this video is viewed by users who want to reward the video developers, they can use MVID to reward the developers.
2.Proxy Video Streaming: with MONVID platform users have the freedom of not being restricted from watching or streaming videos unlike the existing traditional platforms. With MONVID users are able to create a bridge between the platform and themselves from any part of the world using the computer.

-Privacy: because MONVID is based on the decentralized blockchain technology which is known for its secured nature, therefore every user’s personal information on the blockchain is made private and secured.
-Cost efficiency: the decentralized network where MONVID is created on, is able to allow content creators to share their resources with the community members free of charge . This is not found in the traditional streaming platform. There users pay fees and subscribed only for them not to get a satisfied service.With MONVID, the video creators are the ones determining the cost of their videos, but only get rewarded by community members depending on the video quality.
-No Advertisements: while streaming, the traditional videos usually come with a lot of annoying advertisement that come in between, but with MONVID, users will be able to stream videos without ads.
-Ownership of content: With MONVID every content creator on the platform has full control and ownership over his content without being regulated. This is not so in the existing traditional streaming platform.
Security: On MONVID platform, all data transferred are encrypted and untraceable. This makes the platform secured and safe for users as well as content creators.

THE UNIQUE ROAD MAP OF MONVID
IMG_20180810_184931.jpg

    TOKEN DETAILS:

MVID is created using a smart contract on ethereum blockchain, this token will serve as a major part of the MONVID ecosystem. MVID will be used for payments on the MONVID platform.
Token Name: MVID
Maximum supply: 200,000,000.( total supply will be determined after ICO)
Starndard: ERC20
ICO price – between $0.05- $0.10 depending on the time of purchase.
Pre- ICO ended already and soft cap of $500,000 reached.
Main sale is ongoing.

IMG_20180810_184953.jpg
In conclusion, MONVID is the best thing that has happened to movie lovers and video streamers globally. The integration of MONVID in the decentralized blockchain technology is a great idea that will definitely disrupt the traditional movie streaming platform. However, since the entire objectives and benefits of this innovative project cannot be captured in this article, there is a well packaged white paper : (https://monvid.io/docs/white-paper.pdf) and well designed website (https://monvid.io/) to give more information on how to be a part of the ongoing token sales .

For any project to succeed ther must be an active team behind it . below are the pictures of great and experienced MONVID team members.

IMG_20180810_185009.jpg
IMG_20180810_185024.jpg
For more information please visit:
Website: https://monvid.io/
Whitepaper: https://monvid.io/docs/white-paper.pdf
Telegram: https://t.me/monvid_io
Facebook: https://www.facebook.com/monvid.net
Twitter: https://twitter.com/monvid_io
Medium: http://medium.com/@monvid.net/
Instagram : https://www.instagram.com/monvid.io/
Authors’s Bitcointalk url: https://bitcointalk.org/index.php?action=profile;u=1760015;sa=summary
Author’s Name: Nesbee2

the content of this review article is from the MONVID white paper and website.

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