NODVIX - Blockchain Based Broadcasting Platform

in #bitcoin • 6 years ago

Hello everyone, in this new post I want to introduce the Nodvix project, and for more details let's just go to the following discussion:

What Is Nodvix?

Nodvix is a blockchain-based broadcasting platform that seeks to revolutionize the digital broadcasting world for content makers, advertisers, and viewers through elimination of government censorship and barriers that make it difficult for new content creators to join the industry.

The Nodvix ecosystem utilizes a Peer-to-Peer Internet Network (P2P) technology to distribute media content between all its participants. The P2P technology reduces the cost of scaling the platform and has numerous benefits compared to the traditional centralized broadcast resources and media hosting. Furthermore, the ecosystem is self-regulating, open to all and bypasses all the restrictions currently found in the broadcasting market.

How Nodvix Peer To Peer Blockchain Video Streaming Network Works

Users could create or upload content such as music videos, news story or film on the Nodvix platform and receive payment for their content. In addition to the users, advertisers could also upload banners adverts and media content adverts to the platform and pay significantly lower fees compared what the market currently charges.

After the upload is completed, a Torrent file, also known as a hash file, is generated and uploaded to the Torrent nodes. The file contains a wallet address where the profit of the content makers is credited. The main function of the torrent nodes is categorizing and reviewing the content. In cases where the file contains any illegal content, the file is permanently blocked.

Nodvix will allow advertisers to select the category of content they would like to sponsor. The torrent nodes will then review, rate, authorize and place the adverts according to the.

Multiple Specialized Channels

There are multiple specialized channels based on the torrent nodes categorization where content is placed. The content is then broadcast to the Nodvix platform network and users could watch it for 24 hours based on their preferences and interest. Adverts targeted for that category of media the user is watching will appear periodically in a non-distracting manner.

The Nodvix ecosystem is powered by the NDVX token, which is used to pay content markers on the platform. Advertisers use the NDVX tokens to pay for services on the Nodvix platform and receive discounts.

Nodvix Advantages

  • Decentralized
  • Nodvix implements blockchain technology, which provides it with decentralization during broadcasting and content sharing without exposing the users to censorship, bias, or blocking.
  • Privacy
  • The torrent node is highly encrypted; therefore, users can transfer data amongst themselves and no central servers will have the ability to intercept the data transfer.
  • Lack Of Restrictions
  • All the market participants will have the opportunity to freely access the Nodvix platform without any geographical restrictions or governmental censorship.
  • Monetization Of Content
  • The utilization of torrent nodes enables users to manage their content while monetizing their media. This provides video content creators, publishers, and advertisers with an honest and simple way of generating income.
  • Diverse
  • Nodvix features a wide variety of TV channels that contains globally created content that is open to all.

NODVIX (NDVX) Token and Distribution

The company's internal digital currency, NDVX, is an ERC20 token and used as both a means of payment and an enabler for the Torrent-Node network. With the help of the token, advertisers can pay for services at a discount that provides them with a significant advantage over the standard centralized FIAT models. This also helps to increase the liquidity and value of the token.

  • Content-makers receive tokens as payment for services.
  • Master-Nodes receive larger payment for storage and distribution of information. These Master-Nodes receive an 8% fee for their services, unlike the lesser earning capability (2%) of the unsupported nodes that do not use the NDVX token.

Advertisers use NDVX to pay for advert airtime on the channel of their choosing along with discounts for utilizing the NDVX tokens. The discount structure is as follows and begins upon registration:

  • 1 year - 33 %
  • o 2 year - 17%
  • o 3 year - 8.5%
  • o 4 year - 0%

Spam prevention. Should the Torrent-Nodes deem a video either spam or unlawful, the nodes will mark the video as spam or illegal content. The video will then be blocked from the platform.

Nodvix NDVX Token ICO Details

Parameters Of The ICO

  • Token: NDVX
  • Token Protocol: ERC20
  • Token supply: Based on the success of ICO & Pre-ICO
  • ICO date: 22nd November 2018 – 9th February 2019
  • Token price: 0.0001 ETH
  • Accepted currencies: Bitcoin, Ethereum
  • Soft Cap: 1,500 Ethereum
  • Hard Cap: 20, 000 Ethereum

Roadmap

2018 Q1
Market overview, analysis, and information gathering

2018 Q2
Recruiting a well-rounded team

2018 Q3
Preparation for PRE-ICO and ICO

2018 Q4
Smart contract testing Platform demo released PRE-ICO and ICO

2019 Q1
Registration of NODVIX legal entity

2019 Q1-2
The first working application for windows, android, and mac. First payments to content-makers

2019 Q3
Full working version of the NODVIX platform. More than 5 thematic TV channels filled with content

2020 Q2
Digital broadcasting - NODVIX content released to standard broadcasting frequencies

For more information, please visit the following link:

AUTHOR
Username BTT Profile: bitcampaign
Address Wallet ETH: 0x2eFA5E262f957ecAF1a4Ec8bb12E8AE91F93aEca

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6 years ago in #bitcoin by
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