What is Nodvix Project?
What is Nodvix Project?
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.
Nodvix is a 24-hour broadcasting platform designed to display interesting and relevant video content specific to a user’s interests. NODVIX is a self-regulating, open to all, real- time, video content platform that is able to minimize the restrictions found within the current $1.7 trillion broadcasting market.
Nodvix provide a decentralized blockchain-powered solution with the potential to profoundly change the digital broadcasting world for content makers, advertisers, and viewers alike. The absence of KYC, governmental censorship and ease of entry for new content-makers creates a unique environment for real freedom of speech.
Traditional networks charge on average $394,000 per 30 seconds of mediai . NODVIX costs a fraction of what the market demands while benefiting advertisers by sponsoring content relevant to their business or product.
The telecoms market and its consumers currently face a world of privatization,
monopolization, and censorship. An expansion of these issues and what the high-level
proposed solution can be found below along with how, Nodvix, as a new entrant into the
market is designed to solve thisw.
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
- A peer-to-peer (p2p) node network that reports to no central owner, limiting the ability for the authorities to request filtering.
- A node network that, when using intermediate peers, allows data to transfer between two users that is end-to-endv encrypted. No administrator of a centralized server can intercept a user’s data.
- A node shares a fraction of their PC memory, processor power, disk space and bandwidth with the p2p node network, reducing the centralized costs to zero while paying the nodes through commissions.
- A network capable of handling traffic peaks caused by the sudden popularity of content (political events, disaster news) that can scale the number of cached copies of popular content according to the changing demand in real time.
Nodvix implements blockchain technology, which provides it with decentralization during broadcasting and content sharing without exposing the users to censorship, bias, or blocking.
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.
Nodvix features a wide variety of TV channels that contains globally created content that is open to all.
How Does Nodvix Work?
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 preference of the advertisers.
Token Sales Detail:
PreICO Price: 1 ETH = 24,000 NDVX
Price: 1 NDVX = 0.000125 ETH
Accepting: BTC, ETH
Minimum: investment 0.01 ETH
Soft cap: 1500 ETH
Hard cap: 20000 ETH
For more information:
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1885373