NODVIX ICO Review

urangkuceng (36)in #ico • 6 years ago

Peaceful greetings of the universe, this time I will discuss about ICO or project NODVIX, thanks for taking time to read this article. Sampean Pancen Ngeten (JOSS).

Before we discuss explaining a little about this NODVIX project, there are some things you need to know about decentralized blockchain that can change the world of digital broadcasting for content creators, advertisers, and viewers.

Worldwide spending on Telecom and Pay TV services grew 2% year over year and is expected to surpass $1.7 trillion in 2018 according to the International Data Corporation (IDC) Worldwide Telecom Services Databaseii. This growth is indicative of a flourishing market, yet is limited to a handful of successful corporations. These traditional networks charge on average $394,000 per 30 seconds of media of which provides a unique opportunity for a low cost, high-quality competitor to enter the market.

In today’s world, consumers think of telecommunications in terms of both products and services. This global change in mindset has made subtle, yet significant changes to the way we spend our leisure time and income as well as influence how we act, feel and think.

As the Internet has evolved and vast sums of money are being spent, so too has its censorship. In the beginning, many believed that censoring the Internet was impossible since networks were, by design, built to withstand major disruptions and simply route around any barriers—including geographical ones.

However, countries like China, Iran, Saudi Arabia and Singapore found ways to leverage the design of their network infrastructure to make censorship possible, and more and more countries have begun to follow their lead, including nations known for their repressive regimes, and those with previous long traditions of democracy and free speech.

According to the analytical agency We Are Socialiii, the Internet has more than 4 billion users as of 2018, an increase of more than 7% since 2017. The Video Streaming (SVoD) segment, the number of users is expected to amount to 568.4m by 2022iv. To put this into perspective, over 11 unique users visit social resources and media-hosting for the purpose of communication and entertainment every second.

What is NODVIX

NODVIX is a 24-hour P2P broadcasting platform designed to display interesting and relevant video content specific to a user's limitless interest. NODVIX is a self- regulating, open to all, real-time, video content platform designed to minimize the restrictions found within the current $1.7 trillion broadcasting market.

NODVIX is an ecosystem for the distribution of media content between all its participants, based on Peer-to-Peer Internet Network (P2P) technology. Due to this, we are able to reduce the cost of scaling the platform and provide significant advantages over the traditional centralized broadcast resources and media hosting, as highlighted within this document.

NODVIX is self-regulating, peer-to-peer, decentralized and anonymous media content platform with open source continuous online broadcasting, using its own crypto currency as payment for services.

The concept of the project is to provide continuous broadcasting of a vast array of unique media content: from music to popular science shows, without censorship or bias, where everyone can become part of the broadcast. Media content is stored within the decentralized Torrent-Node network for a fixed period of time and sorted through pre-defined ratings.

How to use NODVIX

A user creates or uploads content to the
Advertisers upload banner adverts and media to the NODVIX platform. These adverts are reviewed, rated and authorized by the Torrent-Nodes.

A torrent-file (hash file) is generated and uploaded to the Torrent-Nodes. The file also contains a unique encrypted wallet address where profits will be sent.

The Torrent-Nodes vote to categorize the content, as well as review the content. Should the content be illegal in nature, the Torrent-Nodes will permanently block the file Adverts are placed into the content by the Torrent-Nodes. Adverts will appear in a non- intrusive manner periodically while being relevant to the category of media being viewed.

The finished content is then broadcast to the NODVIX platform network. Content is placed into one of many specialized channels based on the Torrent- Nodes categorization. Users can watch 24-hour content through the platform based on their interests and preferences.

TOKEN DETAIL

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.

Advertisers use NDVX to pay for advert airtime on the channel of their choosing along with discounts for utilizing the NDVX tokens. Content-makers and Uploaders receive NDVX tokens as payment for services.

NDVX tokens create Master-Nodes. This type of Torrent-Node provides a higher rate income (8%) for their participation in the information storage, dissemination services, and content review. Master-Nodes are weighted meaning additional NDVX over the minimum amount will multiply the payout value.

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.

Soft Cap 50 Ethereum (ETH)
Hard Cap 1,000 Ethereum (ETH)
Dates 11th October 2018 to 31st October 2018
Duration 20 Days
Base Price 1 ETH 24,000 NODVIX
Bonus Structure 10 ETH 30 ETH
100 ETH

Token Allocation

Roadmap

Conclusion

NODVIX is a good ICO program.
Think business is pretty fantastic. It attracts people regularly.
Experienced and skilled cooperation is difficult to achieve.
We can build the ability to achieve goals.

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NODVIX ICO Review