New way of Watching TV (TV-TWO ICO)
Watching TV is an activity enjoyed by millions of people every day. On average, American adults spend five hours and four minutes of everyday life watching their favorite channels, for example.
Today's worldwide TV networks are abusing their market power to raise prices for advertisers, lowering payments to creators and increasing subscription fees for consumers. Many consumers are really frustrated with the state of television broadcasts. They can not choose what to see, they can choose the channel, but not the contents. They enjoy a fixed program schedule, but want to see more premium content personalized for their viewing patterns and interests.
The current television ecosystem is broken.
TV networks around the world are actively hampering innovation in content delivery and advertising technology to maintain their oligopolistic position and benefits. Many consumers are really frustrated with the state of television broadcasts. At the same time, technology giants like Google, Facebook, Amazon, and Netflix are looking to build their walled gardens around the television ecosystem, eager to gain more power through data and access to consumers. TV-TWO offers community solutions in the form of an Open Platform for those who are curious about cable cuts. Many consumers are really frustrated about the state of television broadcasts.
TV-TWO is based on TOAST open source project for Web TV Application development.
- Monitored Learning Algorithm
By implementing a supervised learning algorithm, we can ensure that small content creators with quality content get their voices heard on our platform. For each video, the TTV balance between user, content provider and advertiser is updated. If an organic video is provided by a content partner, the user automatically transfers its TTV share that is proportional to the time the video watches to the author.
- Video title
- Main video categories (e.g. sport or travel)
- Video sub-category (e.g., basketball or drone football)
- Up to ten descriptive video tags
- Keywords that have been taken from video thumbnails using the deep learning image recognition algorithm.
Blockchain is an indestructible book of economic transactions that can be programmed to record not only financial transactions but almost all of them are valuable. Blockchain combines the concept of peer-to-peer networks, asymmetric cryptography, decentralized computing and smart contracting into new technology platforms. The firmness and transparency of blockchain transactions plays an important role in the decentralized TV ecosystem we build as TV-TWO.
- TV-TWO in numbers & quick facts:
Token Name – Token for Television (TTV)
Token Value – To be defined during ICO
ICO Start Date – February 24, 2018
ICO End Date – March 24, 2018
The TTV token
As with any other ICO, the company will issue its own currency, the Token-for-Television (TTV). This token is based on the ERC-20 standard.Once created, the tokens will be allocated as follows:
Crowdsale – 67%
Supporters – 5%
Campaigns – 3%
Team – 15%
There will be no more tokens created after the end of the ICO.
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