MONVID- THE DECENTRALIZED VIDEO STREAMING PLATFORM OF THE FUTURE

 VIDEO STREAMING AND ITS CHALLENGES

We exist in a time where video lovers get to watch their favorite films and videos on numerous devices like televisions, mobile phones or even on the Internet using internet-enabled devices, in as much as the content is provided. The ability to access videos via the internet has led to the creation and growth of numerous video streaming platforms. These video watching platforms have evolved from offering free contents to paid contents and even costly subscriptions for the video contents on their platforms. Also, these video streaming platforms place restrictions on contents to be viewed, placing restrictions depending on geographical locations. Thus, creating a bias in terms of video content coverage irrespective of creditworthiness.

 These video fans turned consumer on the platform, become the end receiver of such regulatory actions, policies, and restrictions. Basically, these video fans bear the brunt of having to pay these high subscriptions and the frustrations experienced when they travel to a country only to find out it has been placed under certain restrictions, leaving them with no other alternative than to accept their fate.

Even with the advent of Virtual Private Networks(VPN), viewers on these video platforms still experience restrictions because they can’t be bypassed.

Recently, there has been an upward rise in the video-on-demand picture quality on these regular platforms. This has resulted in the improvement of video quality from SD quality to HD quality and even more recently, UHD quality making it difficult to access for underdeveloped countries which require faster Internet access and the necessary hardware. As a result, a lower data size and a fair Internet speed will allow for an enjoyable and even experience on the streaming platform. 

Another major limitation is the pricing strategy that excludes budgets, reviews, popularity but based mostly how recent a movie is, translating to the fact that all movies are priced equally about $3.00 and $6.00 US dollars for rental and from $10.00 to $15.00 US dollars for purchase. 

  Also, regular streaming platforms will only accept payments from a credit card system or through PayPal or gift cards. A bulk of the video fans are only cash-based, with the average global unbanked population at a staggering value of two billion. This, therefore, makes these movie fans open to buying or downloading pirated movies from bad websites. 

However, if a video fan is able to pay in cryptocurrency to their digital wallet and access content safely, it would help accelerate the growth of the video streaming market. Thus the prompting of the founders to create the MONVID platform based on a decentralized community network that employs blockchain technology in offering video streaming services.

 THE MONVID PLATFORM

  The Monvid video platform will evade the restrictions, filters, and censorship utilizing blockchain technology on an easy-to-use platform. Unlike the existing video streaming platforms that allow advertisement that disrupt the flow of entertainment while streaming favorite videos, advertisements won’t be allowed while streaming on the Monvid platform.

 The Monvid platform is designed to function in two ways which include the peer-to-peer video sharing and the proxy video streaming. 

Peer-to-Peer Video Sharing

This function on the Monvid platform will allow video creators to be able to share their video for free using the platform without any subscriptions, as opposed to popular video streaming platforms. These shared videos can then be rewarded by members of the community voluntarily using the MVID token after watching the video on the Monvid platform. 

The Monvid platform will allow owners of such video content to be supported and rewarded by viewers d without any hidden charges or reduction.

This type of streaming offers a flexible, private and transparent experience on the Monvid platform.

Proxy Video Streaming

The Monvid video streaming platform allows for the streaming of video contents from any country of the world without any form of restrictions as would have been the case using the existing centralized video platforms. Using the decentralized system of streaming where these videos are uploaded on different servers, easy accessibility of videos without restrictions is ensured on the streaming of any content from any part of the world using the computer from where ever they are.

The Monvid streaming platform proposes to give its users a seamless, advert-free experience. Also, content owners on the platform can control the cost of their contents of their choosing. They have Full ownership of their contents, unlike the regular steaming sites where the owners of the contents do not have control of their contents which have been uploaded to a central server. 

To benefit the users transfers made on the Monvid platform will be encrypted and untraceable offering an extra security to users and content creators.

The MONVID Token and the MONVID TOKEN SALE< 

The Monvid token MVID which is the native cryptocurrency of the Monvid platform will be the means of payments for access to paid content on the Monvid platform. MVID is an ERC-20 compliant token built on the Ethereum blockchain which allows for fast and cost-effective transactions. The MVID will also serve as the means to benefit from the growth and appreciation in value of the Monvid platform. The total supply of MVID tokens has been capped at 200 000 000 MVID of which 140 000 000 (70%) would be available for the token sale exercise.

The MVID token sale exercise is underway and early participants of the sale are rewarded with bonuses. The project has already achieved its soft capitalization of $500 000  USD, an indication that investors realize the potential of the project. It is likely that in the coming weeks all MVID tokens would have been purchased.

For more details about the project, use any of the links below:

WEBSITE: https://monvid.io/

WHITEPAPER:  https://monvid.io/docs/white-paper.pdf

TELEGRAM: https://t.me/monvid_io

TWITTER: https://twitter.com/monvid_io

FACEBOOK: https://www.facebook.com/monvid.net

INSTAGRAM: https://www.instagram.com/monvid.io/

YOUTUBE: https://www.youtube.com/channel/UCUDr_eYWQcuW4NRgyJ0Yrjg

KINGIGOLO

BTT LINK: https://bitcointalk.org/index.php?action=profile;u=1416347