Refine Medium - Project Review
We will provide Article to present the “ Refine Medium” project to potential platform participants and those who are interested in contributing to its development. The information listed below may not be complete and does not imply any contractual relationship. The main purpose is to provide information to everyone, so that they can determine whether they are willing to analyze the company with the intention of obtaining token or invest.
Refine Medium is a decentralised media platform rendering authentic and high quality video content. It is built on top of Ethereum blockchain designed to enable viewers, creators and innovators of the platform to connect via blockchain based smart contracts. A one-of-its-kind platform that will incentivise each and every stakeholder for their contribution to the platform.
Video Introduction :
Trends in creating, transporting, and consuming videos around the world that are experiencing major disruptions. The difference between print and digital media, video and sports games, wireless and fixed Internet access, pay-TV and over-the-top (OTT), social media and traditional media is blurred. For consumers worldwide, entertainment has become a necessity. This provides a gateway to happiness and contentment as long as people have time to breathe in this fast-developing world for a moment. Not surprisingly, the entertainment and media industries worldwide generate more than $ 2 trillion in annual revenue. The US ($ 750 billion), China ($ 190 billion) and Japan ($ 157 billion) are world leaders in the E & M market.
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Cryptocurrency Trading platform have their own shortcomings such as: scalability, Cybersecurity issues, price volatility and lack of inherent value, Regulations, and abuse of trust which traders place on the crypto exchange all for the sake of profits, user-friendly interface, these shortcomings cause traders to panic.
As more technological innovations are uncovered, Refine Medium, a decentralised media platform rendering authentic and high quality video content came on board.
Refine Medium has come up with a social video platform which aims to bridge the gap between “human being” & “being human” as humanity thrives forever.
Production houses and studios that have conquered the E & M landscape are now eager to look for their stubborn, aggressive and ambitious online streaming service providers such as Youtube, Netflix, Main Videos, and more. The phenomenal growth of online video content over the past decade has led to a significant shift in the balance of power. While providers of online and offline content are involved in control battles, consumers are the only beneficiaries with an unrivaled selection of content. But is the shift of control from oligopolistic studios and production houses to a like-minded video platform a sustainable decision? Or there are better ways to increase the expectations of content that consumers miss, and reward them for watching and reviewing videos at the same time. Maintain a strong, transparent and egalitarian relationship between content providers and content creators. The answer to that is definitely positive.
The entertainment and media industries are more willing to experience the blockchain disruption and pragmatically combine the use of cryptocurrency. Driven by the greed of the online video industry, the business model has suffered a major setback with the development of a blockchain-based video platform that puts control back in the hands of users serving the entertainment industry’s audience and creators. The glamor and brilliance of the entertainment industry of the past can be traced back to today’s technology.
One of the features I like about this platform is that the upload is easy to use. We all agree that blockchain is not the most accessible technology for grandmothers and grandparents, and this kind of platform is needed so parents, kids, and technology are less likely to know. Although ignorance of the technology is no longer a good reason, it has a user-friendly platform because it is suitable for the acquisition of Blockchain.
This data is very secure because the blockchain stores all fragmented data on different nodes worldwide. Even someone gets their information on one of the computers; Your data will stay secure because only some of the data is on the hacked computer, which makes no sense to hackers. In addition, copies of data reside on different computers, so hacking, modifying or modifying data is only possible if you share your private key with third parties. Not only does this technology make your data as secure as possible, but also your reputation with the latest technology that represents a blockchain.
Refine Medium has come up with a social video platform which aims to bridge the gap between “human being” & “being human” as humanity thrives forever. There are 4 stages of building a quality creator in the RefineMedium ecosystem- Creators with a new idea and raw content, Creators collaborating with RefineMedium moderators to cause a positive impact on their creation with a touch of professionalism, Creators who have established their identity on the platform and intend to progress and prosper and at last, Creators who have achieved enough prosperity and stardom and intend to cause lasting changes in the society and inspire others to do the same.
Refine Medium aims to provide an ecosystem which nurtures a naive creator into a self-actualised one. The goal is to reach the top of the “Refine Rhombus”.
SERVICES PROVIDED BY THE REFINE MEDIUM PLATFORM
Easy, fast and secure Refine Medium uses Ethereum’s blockchain technology to perform two main functions that allow transparency in: content monetization and storage of valuable information for creators, innovators and users that will win the trust of all platform stakeholders. The model implemented by Refine Medium through blockchain technology creates a network directed from creator to consumer, replacing intermediaries in the process. The blockchain validates information on a distributed ledger that will provide various levels of privacy for users based on the implementation and behavior of the actors within the infrastructure.
Refined protocols for copyright management
Refine Medium is the property rights of others and requires all stakeholders to do the same. Refine Medium is strictly against copyright infringement and the infringement of intellectual property rights on its website or related services. Refine Medium may remove content and / or terminate a user’s account two of its violations Terms and Conditions at any time, with notice. Furthermore, the videos will be downloadable due to the risk of copyright infringement. You need to download XRM tokens.
Equitable distribution of power
Refine Medium aims to provide a world-class infrastructure for creators who produces quality content and promotes an increase in compensation and fair distribution of power.
Moderation of decentralized content
On the road to becoming a global decentralized solution, the platform aims to address the problems of content suitability, plagiarism and legality.
THE FIVE-(5) TRUST OF THE REFINE MEDIUM PLATFORM
Advertisers raise concerns about quality, security and adequacy of content advertised by advertisers.
Media and academic reports have suggested that many social media accounts are bots.
Mote E & M companies are taking more responsibility for protecting credit card numbers.
The direct measurement of the public of the fact that an agency is referring to the public promised to a client has not received a satisfactory answer.
Is your company good for society? The size, scope and usefulness of current media platforms are resurfacing this philosophical question.
Entertainment and media companies are affected by the level of trust that results. Therefore, Refine Medium is that trust will be the determining factor for the ability to attract and sustain revenues in the future. With this conviction, Refine Medium aims to lead the E&M industry into the future with the help of an online video platform.
THE XRM TOKEN
Refine Medium has introduced the XRM token to promote all transactions and the economy on the Refine Medium platform. XRM is designed to act as a native payment system for networks and rewards. The salt will be regulated by a Smart Contract used on the Ethereum Blockchain.
XRM is a utility token and can be used within the platform to:
The creators will be able to use the XRMs to request various user trends from the platform in order to improve the quality of their videos.
Moderators will get a reward in XRM for content moderation.
Each user on the Refine Media platform will have a limited number of monthly uploads. In order to access the unlimited upload function, it is necessary to purchase a boost that allows the user to upload an unlimited basis on a monthly basis.
Soft Cap: 20,000 ETH
Hard Cap: 170,000 ETH
Token Sale: 180000000 (60%)
Development & Marketing: 60000000 (20%)
Advisors & Team: 30000000 (10%)
Bounty & Airdrop: 15000000 (5%)
Reserved: 15000000 (5%)
Marketing & Business development: 25
Project & Community development: 30
Core Activities reserve: 5
Operational expenses: 10
Legal Contingency Fund: 5
Misc & Unexpected: 5
IT Hardware & Production Overhead: 15
For More Information You Can Visit Link Below :
White Paper: http://refinemedium.com/pdf/whitepaper.pdf
Telegram (group): https://t.me/joinchat/Gd45-BKEzwRk9YsbmDmgcg
Telegram (Channel): https://t.me/refinemedium
Author : Letty sits
Profile Link : https://bitcointalk.org/index.php?action=profile;u=1856247
Profile Link : https://bitcointalk.org/index.php?action=profile;u=1856247