Media Protocol: A multi-directional blockchain based platform connecting the media stake holders

in #cryptocurrency6 years ago

Media Protocol is a decentralized blockchain based platform that creates a multi-directional economy by connecting all the players including content creators, publishers and content consumers directly without involving any intermediary. The platform enables the stake holders to exchange the content, data and financial incentives in a most transparent manner while maintaining the privacy of the consumers.

How the Media Protocol functions?

We shall elaborate the functioning of the Media Protocol in details with an example. Suppose a consumer is very fond of technology and is a regular reader of articles on this subject. He also likes to watch the videos on new technological advancements. He gets these videos on YouTube, Google and Facebook. After the establishment of Media Protocol, the consumer will be able to read and watch this content through any app which can be integrated with this innovative and most advanced platform.

The consumer will be rewarded for all his actions which benefit the content creator, for instance he will be incentivized for spending his time in reading the content, liking & sharing it and recording his choices. By interacting with the preferred content like this, Media Protocol delivers consumption rewards to the consumer in the shape of Media Tokens from the content publisher.

The consumer will be able to use these tokens to tip his preferred publishers, he can pay the subscription fees or exchange the tokens for any other crypto currency he likes.

Now suppose a publisher produces very interesting content on technology and wants it to reach the consumers like mentioned earlier who loves this kind of content. The publisher usually publishes the content on the web and then pays the distribution platform to boost the content, in the hope that the interested consumers like the mentioned one will click on content’s URL.

Media Protocol has provided a revolutionary alternative for the technology publisher under discussion by creating a direct link to incentivize the content consumer for reading the content and posting his views on the content to the blockchain.

The most important feature is that the consumer will not have to disclose his identity to the publisher, he will provide only his Media Protocol wallet details. The consumer will be paid for his interactions with the content such as reading it online and the publisher will obtain a transparent data about the content performance without paying huge fees to the distribution networks and media agencies

Company

Website: https://www.mediaprotocol.org/
Whitepaper: https://www.mediaprotocol.org/papers/whitepaper.pdf
Bitcointalk Thread: https://bitcointalk.org/index.php?topic=3396313.new#new
Telegram: https://t.me/Media_Protocol_Community
Facebook: https://fb.me/MEDIAprotocol
Twitter: https://twitter.com/MEDIA_Protocol
LinkedIn: https://www.linkedin.com/company/media-protocol/
Code: https://github.com/MediaProtocol/MediaProtocol

Proof of Work for https://bitcointalk.org/index.php?action=profile;u=1887821

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