Monvid: Making Video streaming easy

in #blockchain6 years ago (edited)

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VIDEO INDUSTRY

With the internet came another concept, which is called video streaming. This appears like an exceptionally broad term, and quite a number of people may not know about what the term really implies. At the point when utilized on the web, "streaming" implies that an item is being sent starting with one place then onto the next on a time frame. Streaming video is a video clip or film that is being sent over real time starting with one place then onto the next. For instance, there is streaming video and sound. Sound and video are the mediums that are being utilized in those structures. Since there are no such a large number of manners by which individuals can get data, including streaming, many individuals can comprehend that there should be a refinement between styles of sending.

WHAT ARE THE PROBLEMS?

VIDEO STREAMERS

  • Unwanted ads:
    In spite of the precautionary measure, some autoplay videos may sneak onto users screen, this may occur accidentally as one intends to click a particular link. Being a valuable resources, users attention are exploited without their approval.

  • Region/IP restriction:
    Video streaming is certainly a quick resource of entertainment and fun, since it can be accessed worldwide each day, many people get associated with it again and again. However, unfortunately there are many countries and platforms around the world that have imposed restrictions on internet based video files on their specific guidelines of censorship and restrictions. Unfortunately, many users can't get past with such restrictions.

VIDEO CREATORS

  • Less profit:
    The video platforms existing today take most share of the revenue gotten from advertisers, and video makers just get around 40%-half of it, many individuals might want to earn by making top notch video content (for instance, to make a vlog or to have a show), yet they don't, as the benefits are not enough to cover for expenses, and it is simply not beneficial to make top-quality video content.

  • Problem of piracy:
    Online piracy has really turned into a serious issue. This illicit act has grown out of proportions and regardless of cyber piracy laws and rules, it continues expanding unabated. Truth is loopholes are continually being imperiled and the protection of a huge number of streamers is at stake. The effect of video piracy has totally taken control over the world of online streaming diversions and even the most fair players are enticed to indulge in the act now.

MONVID SOLUTIONS

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Video streaming is clearly approaching a deadlock. Obviously, Video streaming platforms are making efforts to utilize new innovations, (for example, blockchain) and think of new tricks to draw in and hold new users, yet they are not extremely fruitful at it. The main way out of this circumstance is to change the fundamental standards of the streaming operation. How is it achievable? It's exceptionally simple. The solution is an altogether new decentralized video streaming platform built to give lasting solutions to the issues facing the industry. The Monvid platform means to enable users to create and communicate any lawful video content they want, a flexibility that isn't enjoyed on any other video streaming platform.

Monvid concept

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Monvid team are building an internet video ecosystem where totally all video files of different size, dimensions and quality will be hosted and controlled effectively by users of the platform. This, thus, will enable us to share the idea around the globe in a brief time frame without restrictions and make it an industry standard. Likewise, the platform has an open API (application programming interface) implemented with blockchain technology. This will make it conceivable to include videos made by outsider developers. Along these lines the library of videos on the platform can be continually renewed and extended with least time and cash contributed.

WHY USE BLOCKCHAIN?

Regardless of the way that blockchain technology and digital currencies are still generally new and immature, there are numerous attempt to coordinate them into different tasks, including video platforms. Many experts concur that the cryptographic forms of money and blockchain innovation will take the main position available when all is said and done, and in video streaming specifically. Here are a portion of the benefits of utilizing digital currency and blockchain innovation:

  • Crypto payments are becoming more popular and adopted.
  • Reducing the cost of entertainment.
  • Payments are made simple and convenient.
  • No limitations on the amount of transactions carried out.
  • Full access to video database
  • Unlimited bandwidth usage.
  • Transactions can be made essentially quicker, the idea of transparency and security is made available.
  • Eliminate download delay and manage time.

PROJECT TEAM

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Conclusion

The Monvid platform is building a new ecosystem that will enhance efficiencies, security and conveniency in the area of video streaming to users. The Ecosystem will provide mechanism and a system to a large number of people and associations to make, offer and share videos. It will expand the scope of accessible video files and give a market-based mechanism for investors to acquire access to information of significant value.

For more information please follow the links below:

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AUTHOR: tcode53

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What a masterpiece in this crypto space as Monvid platform is built to design a sole independent solution for all problems facing Video streaming and at the same time delivering reliability to every users.

Monvid is going to drive massive adoption with their cool features and advanced technology the team is bringing to video streaming platform.

Monvid platform permits user to store and share videos online with ease, this is the kind of platform we need in the industry to ensure our data is secured.

Monvid bringing top notch innovations and amazing user experience to the industry. This is Just what streamers need. Thanks for sharing.

Monvid platform will create avenue for a secure and transparent system by enabling seamless communication among users across the platform, giving a strong signal of future success of the project.

Monvid platform is poised to build bridges between different video streamers and creators and to link the world together through it. When this is realized, video streaming world will be a superior place to be.

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