The monvid platform is a decentralized community network which uses the blockchain technology to cut-pass restrictions, filters, and censorship to deliver a video streaming service platform that is easy to use and advert free. The founders wanted to give people the experience of watching their favorite videos without any restrictions irrespective of where they are. Their vision was to use the blockchain technology.
Our mission is to launch the monvid’s platform with- a decentralized and proxied video and TV streaming to bypass all restrictions and censorships around the world.
We at monvid understand all the problems and issues one can have in a lot of countries for watching their TV-Programs, Movies and Videos just because the county has a lot of censorships or the TV-providers do not support the country for showing the contents in. This is why this project has started.
The platform is going to be created to function effectively through Distributed Video Sharing – This usefulness will enable video makers and content owners to share their recordings for anyone’s viewing pleasure for free with no expenses, and this video would then be able to be rewarded by the community members. At whatever point a client watches a creator video and might want to help their work, they can compensate the maker with some MVID. The owners will, of course, get these rewards at no extra or concealed cost. These rewards may rely upon the nature of the maker’s recordings and the streaming quality that the community individuals got. This type of streaming is flexible, private, and transparent.
The Monvid platform will be developed for two different functions:
Peer-to-peer video sharing
This functionality will allow video owners and creators to share their videos for everyone to see for free at no cost and this video can be appreciated by the community.
Proxy video streaming
The Monvid Platform allows users to be able to bypass the restrictions that will inhibit from streaming video on a normal centered platform.
Due to its decentralized nature, users can create a bridge between the platform and themselves by using their computer from wherever they are.
The developers and the team of monvid is focusing on the new technologies, which makes the platform possible to deliver the contents easily in underdeveloped countries and other countries. The main technology we are going to use is the decentralized blockchain technology.
With this technology, the platform intends to store packets of the contents of the blockchain which is highly encrypted and can’t be controlled by any agency or government. The application will be decentralized and the contents will be stored on more than one server, so instead of being served by one central server, the user gets served by the nearest server close to them, thereby enabling them to bypass all restrictions and censorships with ease.
The internet speed is not the same in all countries. If we take a look at an underdeveloped country we can see there are issues with the internet speed and not everyone in that country can access platforms like youtube or netflix easily from inside the country because the main server of those platforms are outside of the country and this is making a huge difference in the latency.
What we are going to do is building an internal CDN service on the blockchain network where people can join and host videos and movies to give a better possibility of serving contents to such countries. This is also allowing people in the community to earn extra money for hosting the nodes of platform.
The selected markets for the platform consist of users with a high percentage of access to social media. We envisage that our message will primarily go out via social media as well as through local partnerships in each market. We intend to be present on all current social media platforms, including YouTube and we will use referral campaigns as well as other social media-driven campaign tools.
The decentralized and proxied content in monvid will be available on the platform side by side. Our ambitions for both markets are equally high, and there will be natural cooperation between the two which will benefit our market share positively.
We will search for and introduce monvid Ambassadors in every country as well as internationally to support and represent the educational initiatives of the monvid Platform as well as the Charitable trust.
Monvid is seeking funding between a soft cap of $500.000 and a hard cap of $5.000.000. The tokens will be compliant with the stable ERC-20 standard and can be held in most common digital wallets. ERC stands for Ethereum Request for Comments.
There are newer versions of ERC like ERC-223 and ERC-721 but monvid decided to not use them because of some of disadvantages and risks with those newer versions.
ERC-223 is a proposal right now, not a standard. Therefore, there are none of the high-profile ICO tokens deployed with this standard. Also it is not yet implemented in any production tokens.
Exchanges might need to do some modifications in order to support such token. There is options that some of the exchanges might not be prepared for it yet.
THE MVID TOKEN
With the creation of the MVID Token they are taking a step towards fulfilling the mission but also to leading the International Film Business further into using and accepting virtual currencies.
Users of monvid will be able to take advantage of a discounted payment for content by using MVID Tokens. Other alternative leading virtual currencies can also be used as payment on the Platform.
Token Sale And ICO Details
Token symbol: MVID
Price: $0,05 per Token
Start Date: June 1st, 2018
End Date: August 31st, 2018
Soft Cap: $500.000 (Reached)
Hard Cap: $5.000.000
Crowdsale Discount: Starting from 30%
Accepted Currencies: ETH, BTC
There are a maximum number of Tokens every can be generated during the Token-Sale which is 200M Tokens. Only 70% of these 200M Tokens will be for the Sale and the rest are for the team, reserved tokens and also the bounty programs for the marketing of monvid’s Token-Sale. All unsold tokens will be burned and no new tokens will be ever generated after the token-sale.
Q1 – 2017
The idea & first marketing research monvid Early 2017, Antonio and Adrian, two idea maker of this project started to build a team for developing this decentralized video streaming platform.
Q3 – 2017
Gathering more information about CrowdFunding After building up the team, we were ready to learn more about the big technology the Blockchain and also getting help from CrowdFunding to get more investors for our project.
Q1 – 2018
Token Sale Preparation ICO After researching the market and learn more about the Initial Coin Offering on Ethereum Network, we are preparing for a Token-Sale to get it used for the monvid platform.
Q2 – 2018
Token Pre-Sale & Start of the Token-Sale In the second quarter of the year, we will start the token pre-sale and be preparing for the main sale.
Q3 – 2018
Token Sale finishing and getting listed on Exchanges We are already in discussing with a lot of top exchanges around to get our Token to be traded on the public. These are Bittrex, Binance, Tidex, HitBTC, KuCoin, but not final decisions. However we try to get the best for our investors.
Q3 – 2018
Alpha releasing of the monvid Platform Right after finishing the ICO, our team will release the first alpha version of the monvid platform and starting attracting more customers to this platform.
Q1 – 2019
Releasing the final version of the monvid Platform We are going to release the final version of the monvid platform for the public use in the market.
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Author: Crator Touch
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1612381