INTRODUCING MONVID, THE DECENTRALIZED STREAMING PLATFORM ON THE BLOCKCHAIN

MEET MONVID.

Monvid is going to be a paid content video streaming platform, this platform will make it possible for members to be able to watch videos and movies, the operation of this platform will be made effective with the help of a cryptocurrency, and users will as well be rewarded.

THE MISSION OF MONVID.

Monvid hopes to be launched as a platform that has a decentralized proxied video and a TV streaming which will make it possible for restrictions and censorships around the world to be bypassed.

THE PLATFORM.

The functionality of Monvid’s platform will become operational in two different ways and they include:
• Sharing of peer-to-peer video: Users will be allowed to share their videos for free, everyone will be able to view it and as well they can get rewards from community members.
Users will get rewards of MVID from supporters who like their work.
This streaming process will be transparent, private and flexible.

• The streaming of proxy video: The second way that the platform will operate is through this process.
The platform will make it possible for users to bypass present restrictions that would stop videos from streaming on a normal centralized platform.
The availability of the decentralized nature will make it possible for users to develop a bridge between themselves and their computers wherever they are.

THE PRESENT MARKET PROBLEMS.

• The changing demographics of the world.
• There is a current need for a better hardware and the presence of a growing internet.
• The users usually do not want to pay the same amount of watching a popular movie with the ones that are not really popular.
• So many users lack access to banks and credit cards.

EXISTING COMPETITORS.

Monvid is aware of the fact that there are people in the market who are involved in the same business and they are:
Netflix/ Maxdome.
Youtube/ Vimeo.
Amazon prime.
Sky.
The possible way to compete with this available strong competition, is by providing the following:
• The availability of privacy.
• A cost efficiency.
• They will remove the advertisement.
• Producers will be the ones who will own content.
• The encryption of data transfer.

TECHNOLOGICAL DEVELOPMENT FOR MONVID.

The Monvid team is going to focus basically on evolving technologies that will make it possible for contents to get delivered easily in countries that are underdeveloped.
The main technology that will be used is the decentralized blockchain technology.
An internal CDN service will be built on the blockchain network, this will make people be able to join and host videos and movies and there will be a better possibility of serving contents to those countries.

MARKETING STRATEGY.

The marketers that will be selected for this platform will consist of those with a very high access to social media. The intention of this platform will be made known through social media and local partners available in each market.
The platform will as well be available on every current social media platforms. Monivd ambassadors will be introduced in all countries including international ones, this is to help support and represent educational initiatives of monvid platform and also charitable trust.

MAIN INFORMATION FOR CROWDFUNDING.

Monvid seeks to get fund between a soft cap of $500.000 and a hard cap of $5.000.000.
This token will be compatible with the ERC-20 standard and t will be held in most of the common digital wallets.

MVID TOKEN.

The token will help in the fulfilling of mission for this project, it will also lead the international film business further into the acceptance of virtual currencies.
Monvid users will have an advantage of a discounted payments when making use of the MID tokens, although other leading virtual currencies will as well be acceptable on the platform.

THE SUPPLY OF TOKENS.

The maximum number of tokens that can be generated during the token sale is 200M Tokens.
70% of the 200M Tokens will be used for sale, the rest will be used for the team.
The reserved tokens and bounty programs will be used for the marketing of Monvid’s token sale.

The Distribution of Tokens.

70% will be for token sale.
15% will be for reserve.
10% will be for the team.
5% will be for bounty.

THE TOKEN PRICE AND AVAILABLE BONUS.

The money for the actualization of this project will be raised through ICO, the pre-sale will begin on the 15th of April, 2018.
The date for the main-sale of the coin has not been announced yet but it will be during the second quarter of the year 2018.
The MVID token is priced at 0.00005 ETH which is equal to around $0.03.
There is an availability of 100% bonus at the beginning of the sale, the sale will end on the 30th of April 2018.

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SOURCES

Website
Whitepaper
Twitter
Facebook
Telegram
Reddit
Instagram
Medium
Ann

Authored by: geeboy88
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