Media protocol: An ecosystem for content sharing

tcode53 (46)in #blockchain • 6 years ago (edited)

Today, we are living our digital lives making large amount data from all that we do. Big data is the current gold, yet the ones who create and contribute the greater part of it are not properly rewarded. Most designed platforms gather users information with no goal to reveal the intrinsic economic value, consequently users spend most of their time unconsciously trading data in exchange for a service or free application.

Consider the possibility that content creators could control their contents and be rewarded accurately for its true value, and the readers on the other end being rewarded for free time spent accessing the information?
The solution is a secured and transparent content sharing platform, built on blockchain technology.

I present to you Media Protocol Token (MPT), a crypto token for decentralized content sharing ecosystem, MPT associates content creators, users, publishers, advertisers and purchasers, and denominates the value of contents and data traded on the platform. MPT empowers a more effective, transparent and legit way for content trading and sharing.

The MEDIA PROTOCOL project was birthed to bring the reality of inventive advantages for the content sharing world through a decentralized platform, including token payments and safe storage of digital contents made accessible by content creators. The system is targeted to users and content creators that need to get involved with another form of global experience; that is secure, smart and simple to use platform and totally disrupting the old way individuals create and share contents.

HOW MEDIA PROTOCOL WORKS?

As a breakthrough and advertising platform, MEDIA PROTOCOL will allow several users to create profiles with their details They will be advertisers, agencies, users, clients, application developers, marketers e.t.c.
Everyone will own a platform, permitting them to exhibit their creations, while users will act as an audience by viewing the contents of their interest. The customized world will serve as a publicizing channel and business opportunity for the products and equipment displayed by the content creators and developers,

EXCLUSIVE BENEFITS OF MEDIA PROTOCOL

The Media Protocol platform has several advantages to offer depending on the category a user falls. Presently we should access how this can be valuable for various people:

FOR USERS:

For members, Media protocol can turn into a unique medium for smooth communication and entertainment. Coordination of the Blockchain innovation is proposed for the implementation of advertising functions, data privacy, all thanks to this decentralized ecosystem.

FOR ADVERTISERS:

In spite of the fact that publicizing on the Internet can be a tough challenge, promoters can exploit Media protocol and make a platform for exhibiting their contents. This will prove to be useful when utilizing Blockchain technology for new promoting channels, where an advertiser can feature their unique contents without the requirement for middle man.

FOR CONTENTS DEVELOPERS:

Media protocol is likewise an inventive platform and can profit future developers through their several overwhelming features. Further more, existing contents creators can showcase their talents and earn rewards by sharing on the platform.

The first component of the ecosystem is CryptoCatnip app a news and media aggregator for the crypto-world. CryptoCatnip associates users with a good communication experience. It will be the first service to embrace the MPT ecosystem and use it as a payment system to reward all parties involved.

TOKEN MODEL

The key principle of MEDIA PROTOCOL is to give everybody, regardless of whether a platform user or a content creator, with the capacity to make, distribute and disseminate an experience, privacy rights and also commercial interests of all parties are secured by smart contracts along with the transparency of each exchange is likewise represented by these smart contracts.

To this end, MEDIA PROTOCOL utilizes MPT token as the unit of exchange inside the platform. MPT tokens are utilized by the platform's users to buy or sell contents or services content developer and by commercial parties keeping in mind the end goal to run publicizing and showcasing efforts. In addition, tokens can be utilized to inspire users to see publicizing and promoting efforts, in addition to reward users. All exchanges on the platform, concerning users, advertisers, developers or 3rd parties in any format are carried out based on smart contracts and safely stored inside the blockchain permanently. Each activity is safely captured and executed by means of a smart contract, stored securely in the decentralized blockchain.