MONVID STREAMING PLATFORM: THE FUTURE OF VIDEO STREAMING SERVICE.

mcfeddy (25)in #monvidplatfrom • 6 years ago

The traditional way of streaming videos is plagued with several problems. One of such problem is the exorbitant subscription fees. It can be very expensive for fans to subscribe for their favorite videos, films, TV shows, or even series. To compound this problem, because of fluctuating exchange rates, subscription services in some countries can cost a fortune, thereby, limiting people’s access to information and entertainment.

Another problem associated with the traditional way of streaming video is censorship. In countries like China, access to certain videos/movies are censored and restricted. This can be very disheartening, especially to temporary migrants in such countries. Video streaming giants like Youtube, Amazon, Netflix etc. have succumbed to these censorship and restrictions in order to gain access to these countries. Many have resorted to VPN connections to dodge these restrictions to no avail. The founders of Monvid created the platform to combat these problems and added several other advantages.

WHAT IS THE MONVID VIDEO STREAMING PLATFORM?
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The Monvid platform is a decentralized video streaming service that bypasses restrictions, censorships, and filters by leveraging the blockchain technology. This video streaming platform will afford its subscribers the luxury to watch their favorite videos, TV programs, movies or series anywhere, anytime, without any form of censorship, filter or restriction. The objective of Monvid is to leverage the blockchain technology to build a decentralized, proxy video and TV streaming network that has the ability to evade all forms of content censorship anywhere in the world. The Monvid platform is both user-friendly and free of adverts unlike other streaming services.

HOW MONVID PLATFORM WORKS

There are two types of video streaming on the Monvid Platform:

Peer-to-Peer (P2P) Video Sharing: P2P video sharing functionality permits video authors or content owners to share their contents on the platform without any fees attached. Video authors can also be rewarded by Monvid community members with MVID Tokens as a form of donation or support for their works. Getting rewards from viewers may be dependent on factors such as content and streaming quality of the videos.
Proxy Video Streaming: this functionality permits Monvid users to evade censorships and restrictions anywhere in the world, which was hitherto impossible in the traditional video streaming. Basically, making use of the Monvid video streaming app ensures circumvention of censorships. Additionally, Monvid users’ personal information are safe, because the Monvid app only receive streaming packets. The platform is decentralized in nature, as there are no central servers. Users are served by the server closest to them, unlike the servers of Youtube and Amazon, which can be half a world away.

WHY YOU SHOULD JOIN THE MONVID PLATFORM.

Unlike the conventional streaming services, Monvid platform is cost-efficient. Content authors share their work to users for free, while users reward them based on content and streaming quality of videos. Users can stream the videos on Monvid for a lot less than what traditional streaming services charge as subscription fees.
On the platform, Monvid aims to give its users the luxury of streaming videos without any form of interruption such as unsolicited advertisements.
Unlike the traditional streaming services, content authors retain the ownership right to their contents after it has been uploaded on the Monvid platform. Also, they retain the power to manage and attribute cost to their contents.
Selling movies is only profitable in developed countries because there is a high level of piracy in developing countries. In addition, it is harder to nail pirates in developing countries because their laws on piracy and copyright infringement is either non-existent or unclear. Monvid solves this problem with it unrestricted video streaming service.
There has been a rising trend in the hardware and the speed of internet connection required to stream videos. This trend will make it harder for people in developing nations to access streaming services. Most smartphones can stream videos with good quality, if only the data size and internet connection speed required is lowered. This is available on Monvid app.
The pricing of videos by existing streaming services does not consider the popularity of the videos but the recentness, therefore, users often pay the same to view an unpopular video. Also, most streaming services are operating either HD or UHD without option to choose a lower quality. All these creates less demand. Monvid provides all these and more.
While most streaming services often demand credit cards as means of payment, people without access to banking services are forced to resort to buying pirated movies. However, by topping up their digital wallets with MVID token, users can easily access videos legally.
Monvid has established competitors such as Youtube, Amazon, Netflix and Sky. However, their users require credit cards, as result, they have low coverage while some produce and promote own content and restrict selection of other movies by other authors. Monvid provides it users with complete freedom unlike its competitors.

THE MVID TOKEN

The MVID token is based on the Ethereum Request for Comments (ERC-20) protocol. It can be transferred into and held in any ERC-20 compatible digital wallet. For Monvid users, using MVID token as payment for streaming services attracts discounts. However, other leading coins are also accepted as means of payment.

Total token supply: 200, 000, 000 MVID

Presale starts: April 15th, 2018 to 30th April, 2018.

ICO price: 0.00005 ETH ≈ $0.03
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In conclusion, with the kind of experts in place, the combine experience, and the current level of achievement as regards the project, the realization of Monvid’s objective of decentralized and unrestricted video streaming is certain. The idea of cryptocurrency in the video streaming industry is unprecedented and revolutionary, this solidifies it successful implementation.