Monvid Token Review : Creating A Truly Decentralized Video Sharing Platform
Monvid platform is a decentralized video sharing platform that is split into two categories; Peer-To-Peer video sharing and the proxy video sharing. The Peer-To-Peer encourage free sharing of videos without initial charges. In the long run, video creators will earn incentives from generous viewers. While the proxy video sharing is going to beak every limitation viewers might face while accessing a video.
Monvid will utilize the advantages of Blockchain technology to help achieve its objective. It is going to take videos sharing more global than the current centralized platforms. Monvid will also be without any form of restrictions or censorship.
Every new cryptocurrency project have to answer this question; What do they have to offer?
There are a lot of video sharing platforms out there many centralized, and of last some decentralized platforms as well, the competition is high, below are some features that will make Monvid stand out.
Privacy
This feature is already synonymous with Blockchain technology; it is one feature that blockchain can achieve 100%. With Monvid and blockchain, the privacy of content creators as well as viewers information is completely safe and secured. All information is encrypted, and since it is decentralized, no single entity has possession of your data. They will be stored on Blockchain.
Affordability
Since Monvid encourages Peer-To-Peer video sharing. Viewers can have access to videos free of change, viewing of paid videos will be a lot less than what is being charged on other platforms. You don't have to pay subscription rate you are charged per video. Each content creator has the liberty to place a price tag on his video.
The Absence of Clumsy Advertising
It is very annoying when you want to view a video, and you have to wait for an advert before your video comes up or when your video is cut short in the middle for an advert. Using a centralized video sharing platform most times can be very annoying due to these clumsy advertising. With Monvid you will enjoy video streaming without any advertisement. You get to enjoy full video sharing experience without interruption.
Ownership Right
On Monvid video creators have full ownership of their videos, they have the liberty to control the video, by placing price tag. This is going to be the first platform where video creators can justify their efforts.
Security
With Monvid you can upload a video without fear. Every video uploading activity is encrypted and cannot be traced back to the uploaded.
Monvid Token
The Monvid Token (MIVID) is going to serve as an in-house token and will help serve as a solution to the payment of rewards. Only holders of MVID can view paid videos and the cost of would be deducted from their initially possessed MVID. Video creators will be able to place a price on their video using MVID. The token will stand for every financial transaction that takes place within the Monvid platform.
ICO Details
Token: MVID
Price: 1 MVID = 0.10 USD
Bounty: Available
Soft Cap: 500,000 USD
Hard Cap: 5,000,000 USD
You can get more information below:
WEBSITE: https://www.monvid.io/
WHITEPAPER: https://monvid.io/docs/white-paper.pdf
TWITTER: https://twitter.com/monvid_io
FACEBOOK: https: //www.facebook. com / monvid.net
MEDIUM: http://medium.com/@monvid.net/
REDDIT: https://www.reddit.com/r/monvid/
INSTAGRAM: https://www.instagram.com/monvid. io
TELEGRAM: https://t.me/monvid_io
AUTHOR: olamidey
https://bitcointalk.org/index.php?action=profile;u=1168937