The combination of technological access and social problems can create friction. We've seen governments around the world react to this issue, often by attempting to restrict or cut off access to the Internet. But it's not always a clear-cut case of censorship. Sometimes, the government wants to prevent a situation from escalating.
There is power in social media. It can give a voice to the disenfranchised, bringing their message to an audience that might otherwise never hear it. It can shed light onto injustice. It can allow bullies to target and harass victims. It's more than just a means of entertainment or communication. As such, the immediate future will likely be a tumultuous one as we try to find the best path to balance expression and respect for privacy.
Monvid has created the ultimate video streaming platform to solve restriction, censorship video contents problems. By leveraging blockchain technology suported by decentralized community network, Monvid aims to cut-pass restrictions, filters, and censorship to deliver a video streaming service platform that is easy-to-use and advert free.
The platform will give people the experience of watching their favorite videos without any restrictions irrespective of where they are. Monvid vision is to completely pursue scalable video streaming platform for producer and the consumer. In order to do that, Monvid platform will be built on two distinct methods, which are P2P sharing and proxy streaming.
Peer-to-Peer Video Sharing
This functionality will allow content owners and video creator to share their videos for everyone to see for free without any fees and this video can then be rewarded by the community members.Whenever a user watches a creator video and would like to support their work, they can reward the creator with some MVID. The owners usually will get these rewards at no additional or hidden cost. These rewards may depend on the quality of the creator’s videos and the streaming quality that the community members got.
Proxy Streaming
One significant wain in which internet access is restricted across the world is through geo-blocking, whereby access is limited to people within a certain geographical location. Monvid enables its users to easily bypass these geographical restrictions without having to compromise on reduced internet speed as is usually the case when using a VPN. Furthermore, Monvid’s platform is secure and fast, thus providing a more enjoyable viewing experience.
Monvid video streaming platform will provides numerous features and benefits, include in:
- Privacy: Monvid is built on the blockchain technology powered by decentralized network which ensures that every user’s data is always safe and also provide encrypted data transfers.
- Cost Efficiency: Content creators will be paid based on their output, thus eliminating the need for subscription costs.
- No Advertisements: With Monvid you get to enjoy a smooth, uninterrupted watching experience without any advertisements
- Content Ownership: Content creator has sole ownership of their content. They will be able to control and set the price of their content.
- Encrypted Data Transfer: Monvid platform data transfer is encrypted and untraceable providing extra security to users and content creators.
In order to revolutionize video streaming market, Monvid created the MVID token. Users of monvid will be able to take advantage of a discounted payment for content using MVID Tokens. MVID token can be purchase during the ICO. At present, MVID ICO is on the main sale phase and will be end until August, 31 2018.
Finally, video streaming has rapidly become a competitive niche for blockchain companies. Number of startups are leveraging blockchain technology and blockchain-based cryptocurrencies in bids to disrupt the likes of Netflix, YouTube and other traditional online video platforms. The application of blockchain in video streaming shows a lot of promise, especially regarding the delivery of cheap and unrestricted content to users. Monvid is a truly revolutionary project and it should help people access video streaming services from anywhere in the world.
However, Monvid platform will face the challenge of adoption in remote regions where internet access is slow. Furthermore, the platform does not have a mobile app that could help users stay updated on new videos from creators.
For more information about Monvid and its MVID token, you can visit online at https://monvid.io/ or visit the whitepaper available at https://monvid.io/docs/white-paper.pdf. You can also updates the information about Monvid by following its official twitter, https://twitter.com/monvid_io
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