MONVID - Review

Hello to all and welcome to my ICO review . For those of you who don't know me yet, let me introduce myself. My name is Funke and I'm an experienced writer who enjoys what he does very much. I'm here to give you all the information you might need or want about The New Generation of Decentralized Streaming Platform. I plan to make them “easy read, to the point” because what's important to me is that we all comprehend and absorb the information and actually want to be here learning together about something new.

Today, let us all learn and experience together all about MONVID. If you don't know anything about them, don't run away, that's why I'm here, to change that within the next few minutes. Before I begin, I just want to quickly mention that I will be including LINKS so that YOU can do your own research or whatever you feel you need. I feel it's best to have all of the information in one place, in an organised manner, rather than dotted about the page making what you want hard to find or confusing. All these links will be put at the BOTTOM of this page to keep things easy.

Monvid is a decentralized P2P and proxied streaming platform that will take over the current traditional streaming world.

THE MISSION

Monvid’s main goal is to launch the Monvid's platform with a decentralized, and an online streaming to bypass all censorship and restrictions all over the world.

Monvid sees each of the problems and issues, one can have in numerous nations for viewing their TV-Programs, Videos, and movies in light of the fact that the region has a ton of censorship or the TV-providers refuse to support the nation for displaying the contents. This is the reason this project has begun.

MONVID’S PLATFORM

The platform is going to be created to function effectively through Distributed Video Sharing - This usefulness will enable video makers and content owners to share their recordings for anyone's viewing pleasure for free with no expenses, and this video would then be able to be rewarded by the community members. At whatever point a client watches a creator video and might want to help their work, they can compensate the maker with some MVID. The owners will, of course, get these rewards at no extra or concealed cost. These rewards may rely upon the nature of the maker's recordings and the streaming quality that the community individuals got. This type of streaming is flexible, private, and transparent.

The Monvid platform will be developed for two different functions:

Peer-to-peer video sharing

This functionality will allow video owners and creators to share their videos for everyone to see for free at no cost and this video can be appreciated by the community.

Proxy video streaming

The Monvid Platform allows users to be able to bypass the restrictions that will inhibit from streaming video on a normal centered platform.

Due to its decentralized nature, users can create a bridge between the platform and themselves by using their computer from wherever they are.

What services does monvid provide?
We offer decentralized P2P and proxied streaming services for individuals and enterprises.

Why Monvid ?

Privacy - with Monvid's blockchain technology ensures that every content creator and user information is safe and secure.

Cost efficiency - Monvid is different from competitors who require a fee to subscribe. Monvid is distributed on decentralized networks allowing content creators to share their resources with members freely.

No ads - Monvid aims to provide users with the ability to stream video without advertising it will be great fun.

Content ownership by producers - on Monvid's platforms, content creators have a sole proprietorship on every content they create. They have the power to control in their own way.

Transfer of encrypted data - data transfer on the encrypted and untraceable Monvid platform provides extra security for each user and content owner.

Why is monvid using ICO to crowd fund for the project?

Crowdfunding using an ICO means virtually unlimited numbers of Investors interested in the project. So, there are several benefits for every single investors and especially when there are more than some big investors intended in a project. The success of the project is the win for all small/mid sized investors of project and not only some big guys in the industry. All people who are investing in the project during ICO can control the market and make bigger profits.

Monvid is seeking funding between a soft cap of $500.000 and a hard cap of $5.000.000. The tokens will be compliant with the stable ERC-20 standard and can be held in most common digital wallets. ERC stands for Ethereum Request for Comments.

There are newer versions of ERC like ERC-223 and ERC-721 but monvid decided to not use them because of some of disadvantages and risks with those newer versions.

ERC-223 is a proposal right now, not a standard. Therefore, there are none of the high-profile ICO tokens deployed with this standard. Also it is not yet implemented in any production tokens.

Exchanges might need to do some modifications in order to support such token. There is options that some of the exchanges might not be prepared for it yet.

THE MVID TOKEN

With the creation of the MVID Token they are taking a step towards fulfilling the mission but also to leading the International Film Business further into using and accepting virtual currencies.

Users of monvid will be able to take advantage of a discounted payment for content by using MVID Tokens. Other alternative leading virtual currencies can also be used as payment on the Platform.

TOKEN SUPPLY

There are a maximum number of Tokens every can be generated during the Token-Sale which is 200M Tokens. Only 70% of these 200M Tokens will be for the Sale and the rest are for the team, reserved tokens and also the bounty programs for the marketing of monvid’s Token-Sale. All unsold tokens will be burned and no new tokens will be ever generated after the token-sale.

USEFUL LINKS:
WEBSITE: https://www.monvid.io/

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

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

TWITTER: https://twitter.com/monvid_io

BITCOINTALK ANNOUNCEMENT: https://bitcointalk.org/index.php?topic=4390570

TELEGRAM: https://t.me/monvid_io

REDDIT: https://www.reddit.com/r/monvid/

MEDIUM: http://medium.com/@monvid.net/

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

Author : funkyies

BITCOINTALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=1971452