TRANSCODIUM

nugezmils (2)in #blockchain • 8 years ago

Transcodium aims to provide the first peer-to-peer decentralized file editing, transcoding and distribution platform with high quality and reliable computational power at a very affordable price. This will create a global market for users, willing to rent their idle machines to be used as workers. Further, at the end of the processing, the worker (processor) will be rewarded with the TNS Tokens.
The TNS token is the official UTILITY token which will be used on the Transcodium Platform. It is not a SECURITY, SHARE or a BOND.
Transcodium started as medianap in 2015 with a visual cloud transcoding and media editing platform, but we went out of business due to the high cost of cloud servers, we could not compete with the existing platforms and had to switch to another business, In 2016, our team decided to look into the project again but this time using the blockchain and decentralization technology. Unlike the previous platform, Transcodium's network will be fully autonomous without human intervention.

Problems with Cloud Transcoding

.Time Consuming due to the limited resources.
.Very Expensive thereby scaring away startups & low budget firms.
.Unreliable, Server outage can cancels the whole process.

Why Invest in our Company

Registered & Verified
Before any company is issued with EV SSL(The Green company name in the address bar), that company needs to pass through a series of verifications such as Legal Existence and Identity, Trade/Assumed Name, Operational Existence, Physical Existence and submission of information about all the directors. We successfully passed all the test.

Existing Product
Our company already have an existing product on media transcoding and distribution, our plan is to redevelop this platform using the blockchain and decentralization technologies, this will help provide a cheaper but reliable transcoding services to customers. This can be achieved only by expanding our team which requires a lot of funds.

Existing Market
The transcoding industry is one of the fastest growing fields, this is one of the main reason why giant companies such as Google and Amazon are tapping into this field.

The good news is, the global video transcoding market size is expected to grow from USD 3.25 Billion in 2017 to USD 7.50 Billion by 2022.

Token Distribution
Total Supply 120,000,000
Token Sales ( 72% )
Bonuses & Discounts ( 4% )
Advisors & Partners ( 4% )
Bounty ( 1% )
Team Members ( 10% )
Marketing (Present & Future), funding of trial accounts for customers & platform testers ( 9% )

Funds Allocation
Soft Cap $500,000 USD
Hard Cap $30,000,000 USD
Project Development ( 50% )
Company Expansion ( 3% )
Marketing & Brand Awareness ( 20% )
Operational Expenses ( 15% )
Legal & Insurance ( 10% )
Miscellaneous Budget ( 2% )

Role of Token

Represents processing power used for file conversion
Ticker
TNS
Blockchain
Ethereum
Token Standard
ERC20
Supply
120,000,000 TNS
For Sale
86,400,000 TNS
Emission Rate

No new tokens will be created
Accepted Currencies
ETH, BTC, LTC

Pre Sale Period
07/01/2018 00:00 UTC to 28/02/2018 00:00 UTC

Minimum goal
$500,000 USD
Maximum goal
$30,000,000 USD

Price Info.
1 TNS = $0.376 USD
1 BTC = 21619.56666667 TNS
1 ETH = 2092.60666667 TNS
1 LTC = 383.67 TNS

*Prices are calculated using current exchange rate

Roadmap