NODVIX-Media Giants and Major Conglomerates Filtering your contents
The Fever about cryptocurrency is increasing, people have heard about it, and more and more people want to find more about it, and find a way to be a part of it. When blockchain technology came, so many things changed, for better, we say. So many businesses have improved, so many companies have started using crypto currencies in their work. The new ideas are coming every day. People want to invest in the new projects. We have the biggest tool in the world, and it is called the Internet. The internet is an enormous base of information where we can do anything. Internet has connected the entire world.
Because of the access to the internet we are able to get information about one of the most incredible crypto-project which is known as NODVIX
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 bypasses the restrictions found within the current $1.7 trillion broadcasting market.
They provide a decentralized blockchain-powered solution that profoundly changes 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. Advertisers benefit from sponsoring content relevant to their business while paying a fraction of what the market demands.
The List of Immediate Problems
Centralized censorship and Corruption
Central point of failure
Monopolization of modern telecom services
Low quality of content
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-end 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 that shares files through a node system to create a complex layer of redundancy.
A network that scales infrastructure resources organically with user growth. 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.
A network of nodes that have allegiance to no-one other than their consumers. Free of bias and political views, relying on a majority vote for both content review, approval and rating.
A network that provides reasonable and competitive pricing for both banner and video advertisements.
A network that utilizes a voting system to prioritize high-quality content over the traditional prioritization of the highest bidder.
NODVIX is an ecosystem for media content distribution among all of the participants, based on Peer-to-Peer Internet Network (P2P) technology. NODVIX can reduce platform scaling costs and provide significant benefits over traditional centralized broadcast sources and media hosting, as highlighted in this document.
NODVIX is media content that organizes its own, peer-to-peer, decentralized and anonymous platform with open source continuous online broadcasting, using crypto own currency as payment for services. The concept of the project is to provide continuous broadcasting of various unique media content: from music to popular science shows, without censorship or bias, where everyone can be part of the broadcast.
End User Interface
Users will be able to watch 24-hour content through the platform based on their interests and preferences.
This media is split into different categories as assigned by the Torrent-Nodes. Within these channels will be a wide range of user-uploaded content available for both streaming and download based on a users preference for online or offline viewing.
Advertisers upload their promotional media (banners and videos) to the NODVIX platform along with a request specifying the category they would like to appear on. Some categories will be more popular than others, and as such, the price for those categories will be higher to reflect the increased number of impressions. There are plans for a statistics page that will assist advertisers with their marketing campaign.
Content Maker Interface
The content maker creates media, uploads it to the platform and distributes it through the torrent client with the help from the Torrent-Nodes.
The Torrent-Nodes then rate the content. Content which scores higher on the rating list will have a higher likelihood of being broadcast on air. The content maker receives 83% of the advertisement revenue, which has been pre-paid by the advertiser. Total profit will depend on the duration of the video, the category of the broadcast channel and the overall rating of the video itself, as decided by the Torrent-Nodes.
Payment to content makers will be paid in NDVX tokens directly to their unique hash-file address associated with the media content that generated the profit.
Decentralized Peer-to-Peer broadcasting and content storage that is highly resistant to censorship, bias, and blocking.
Self-regulating content management and monetization of media enabled through the utilization of “Torrent Nodes”
Easy and unrestricted access for all market participants with no limitations placed on geographic location or governmental censorship.
Free, equitable access for advertisers and content-makers
An honest division of income to video content creators, publishers, and advertisers.
A vast selection of TV channels with globally created content open to all.
How It Works?
The NODVIX platform is designed to be easy to use for both end user and Torrent-Node:
A user creates or uploads content to the NODVIX platform. Content could be a music video, news story, film, or anything with a frame rate.
Advertisers upload banner adverts and media to the NODVIX platform. These adverts are reviewed, rated and authorized by the Torrent-Nodes.
A torrent-file (hash file) is generated and uploaded to the Torrent-Nodes. The file also contains a unique encrypted wallet address where profits will be sent.
The Torrent-Nodes vote to categorize the content, as well as review the content. Should the content be illegal in nature, the Torrent-Nodes will permanently block the file.
Adverts are placed into the content by the Torrent-Nodes. Adverts will appear in a non-intrusive manner periodically while being relevant to the category of media being viewed.
The finished content is then broadcast to the NODVIX platform network.
Content is placed in one of many specialized channels based on the Torrent-Nodes categorization.
Users can watch 24-hour content through the platform based on their interests and preferences.
The NDVX Token
The company’s internal digital currency, NDVX, is an ERC20 token and used as both a means of payment and an enabler for the Torrent-Node network.
Advertisers use NDVX to pay for advert airtime on the channel of their choosing along with discounts for utilizing the NDVX tokens.
Content-makers and Uploaders receive NDVX tokens as payment for services.
NDVX tokens create Master-Nodes. This type of Torrent-Node provides a higher rate income (8%) for their participation in the information storage, dissemination services, and content review. Master-Nodes are weighted meaning additional NDVX over the minimum amount will multiply the payout value.
Based on the success of ICO & Pre-ICO
50 ETH Soft cap
1000 ETH Hard cap
1500 ETH Soft cap
20000 ETH Hard cap
Token price - 0.0001 ETH
Bounty Tokens (Bounty held on Bitcointalk) - 4%
Reserveed Tokens (Tokens for Exchanges, Bug-Bounty, Advertising and Marketing) - 9%
Team Tokens (Frozen for 180 days) - 12%
Tokens for Public sale (PRE-ICO + ICO) - 75%
Till next time…
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Author : Maniecool
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1692995