Transcodium The First Decentralized and Blockchain-based Platform for Transcoding, Publishing and Distribution of Decentralized and Blockchain-based Media.

criptosistema (51)in #transcodium • 6 years ago

Transcodium is a decentralized platform for transcoding and editing multimedia files. The use of tokens allows those with inactive devices to rent computer power (in exchange for tokens) and those who need to rent that power will pay in tokens. Workers (who rent inactive computing power) would receive small fragments of a file, which are broken down by Transcodium algorithms, and convert the file into other more compatible formats. Inactive workers with more computing power and better Internet connections would gain a master node status to do more work. Before work begins, an estimated cost estimate will be provided to potential customers. I like the idea of estimates so that customers are not surprised by the cost.

Features

Mining + Portfolio Mobile.

End-to-end encryption.

Exchange integrated in the applications.

Multi Wallet.

Ultra Fast Transcoding.

Console, API (Application Programming Interface) and Visual Editing Studio.

Unique and Beneficial

What makes the project unique is its number of benefits:

Registraod and Verified

Before a company can issue EV SSL (Extended Validation of SSL Certificate, with the company name in green on the address bar of the web browser), it must go through a series of verifications such as legal existence and identity, business name, operational existence, physical existence, as well as issuing information on all directors. We have exceeded all requirements.

Existing product

Our company starts from an existing and functional product in the transcoding and distribution of media, our plan is to re-develop this platform using blockchain and decentralization technologies, which will result in cheaper but reliable transcoding services for customers. This can only be achieved by expanding our team, which requires a large amount of funding.

Existing market

The transcoding industry is one of the fastest-growing fields, so companies the size of Google or Amazon are entering this market.

The good news is that the video transcoding market has an estimated growth rate of 3.25 billion in 2017 to 7.5 billion in 2022.

Objectives

The transcoder's objective is to provide the means based on the first pair's chain of cutting-edge, decentralized media to medranskipsic, editing and distributing a high quality platform with reliable computing power at a very affordable price. This will create a global market for users who want to rent their idle machines, which will be used as a tool for work (miners). Then, at the end of the process, the transcoder (processor) workers will be given a token that can be exchanged for TNS with any currency or sold to customers (founders) who need this token for use on our platform.

Vision

The Transcodium network will enable customers to have unlimited processing power at their disposal in a very economical compensation for the task. Customers will be able to select a price from the price range provided by the TNS regulation, the higher the price, the faster the conversion of the file and vice versa; the customer can select where to export the file after processing it; destinations such as Facebook, YouTube, Twitter, SFTP, Amazon AWS, Google Drive and so on will be supported. Multiple destinations are supported. The first destination is always free, other subsequent destinations will attract a fee that will be rewarded with the master node that processes it. before processing of any file begins, the application will calculate the total cost for the initiator to approve, once approved, the initiator's purse will be debited. The amount debited will be refunded if the process fails. Customers will need the TNS token to pay for any transaction on the network.

Roadmap

2015 March

First version of the platform created in the cloud.

2016 January

Decision to adopt blockchain and decentralized technology instead of using the cloud.

April

Analysis and Research of blockchain and decentralization technologies.

November

Draft Whitepaper.

2017 July

Company registration and legal bureaucracy started in the UK.

2018 January

Token Pre-Sale.

March

Financing through Public Sale.

Julius

Portfolio development (with integrated mining and exchange application) for the main platforms (Android, Windows and Linux).

December

Development of the Masternode application for the main platforms.

2019 July

First beta testing and provision of premium accounts fully paid by investors, token holders and start-ups to test the platform for one month.

November

Start of Platform Production.

Token

Role of the Token

Represents the processing power used for file conversion

Symbol

TNS

Blockchain

Ethereum

Token Standard

ERC20

Offer

120,000,000 TONS

For Sale

86,400,000 TNS

Exchange rate at issue

or additional tokens will be created

Accepted currencies

ETH, BTC, LTC, BCH, BTC

Presale Period

07/01/2018 00:00 UTC until 28/02/2018 00:00 UTC

Minimum target

$500,000 USD

Maximum target

30,000,000,000 USD

Contract Address

0xb0280743b44bf7db4b6be482b2ba7b75e5da096c

Bonus and Discounts

Number of tokens sold Offer Price per token

5,710,000 (Pre-sale) 30% Discount $0.263 USD 6,680,000 20% Discount $0.300 USD 22,190,000 10% Discount $0.338 USD 25,220,000 5% Discount $0.357 USD 26,600,000 0% Discount $0.376 USD