Refine Medium is a decentralized video platform that provides high quality content for its users. This platform is based on blockchain technology, which is designed to enable viewers, writers and other platform participants to interact with each other using smart contracts. Today's developers offer the only platform that will provide full transparency and, therefore, fair compensation for video content writers for their work and viewers to watch.
An internal economic system is being created within the platform, based on the use of the Refine token token as the calculated currency. This will ensure decentralized platforms, which provide all the positive effects of such models, namely transparency, security, protection against piracy and fraud. This platform embodies the perfect combination of corporate spirit, technical innovation and a complete entertainment platform. The developer created a product called "People's own platform", which means that the owner of the platform will be all users.
To learn more about this platform, visit https://refinemedium.com/
The problem
In the past few years, various media platforms have emerged, the main task of which was originally set up to generate income, which they certainly did very well. However, this market segment is very centralized and the rules of the game are set here by large monster companies, which independently determine the policy of use and are responsible for the distribution of cash flows. Here are some of the fundamental problems facing the online media industry today:
1. Creativity or business. Content creators have always been the main driving force in the entertainment media market. They are aware of this and want to receive a fair gift for their work. However, there are always times when the author wants to get more and for this he starts making more content, often sacrificing quality and material variations.
2. Offer to viewers of intangible content. Because of the large amount of content on the network, it is very difficult for users to find the right video. The lack of an adequate categorization system prevents easy and relevant searches.
3. There is no moderation in the content of decentralization. Recently, on existing platforms, there are many problems with copyright. The platform is full of beginners who want to immediately become stars and make money quickly. Therefore low quality and copy material from other participants. This forces the platform to create a system of moderating content that determines the original authorship of all clips.
4. Manipulation and illegal monetization of user data. In a rapidly growing industry, users become stand-alone products. User data is stolen, sold, and purchased. Constantly there are all new scandals about this topic.
The statement of the problem discussed shows that the future of online content providers is not very bright. Unfortunately, both writers and viewers are equally at risk. Only serious actions can reverse negative trends and drastically change the rules of the game. Fortunately, there are signs that the industry is still ready for quality transformation.
Solution
Videos uploaded to the Refine Medium platform will use IPFS, which allows you to save files on a distributed network without a central server or centralized management. IPFS is a peer-to-peer protocol where each node stores a set of hash files. Clients who want to access the saved file are directed to the database with a hash number, where instead of the search file for the hash number is done. The IPFS protocol then determines at which node the fragments of the requested file are stored and gives the client access to this file. Consider the basic functions that client platforms will use:
1. Storage and streaming. Original content (file or streaming) is broken down into small segments before being uploaded to the IPFS network. This allows you to optimally and evenly use all the nodes connected to the network without overloading one of them. Hash files are stored in manifest uploaded to the ethereum network.
2. Use of computing power networks. When a user watches a video on his device, a small amount of computing power will be used. The main part of the resource will be used to mine ethereum and gift points that provide their capacity to store content.
3. Using the browser cache. The Fix Platform will use the frazer cache to store user account information so you don't have to re-register after each session. This will also store some other information, such as videos that were previously viewed, to increase user interaction. Due to the decentralized nature of the platform, this data will not be synchronized elsewhere. Clearing the cache will result in the final deletion of the information.
The idea behind Refme (Refer me) is to choose content with the highest level of quality possible to upload it to the Medium Refine platform. The ability of the author is greatly enhanced through a mechanism that promotes content with a high ranking among users with high ratings. This happens through a special tab on the website platform and is one of the system's main tools.
Learn more from the whitepaper on the project site https://refinemedium.com/
Details ICO
Token: XRM
Platform Token : Ethereum
Type: ERC20
PreICO price: 1 XRM Token = 0.0008 ETH
Price in ICO: 0.0957 USD
Allocation of Tokens
for ICO: 150000000 50 %
Presale: 30000000 10%
Private Sales: 15000000 5%
Team & Advisor: 15000000 5%
Community Development: 45000000 15%
Airdrop & Bounties: 15000000 5%
Maintained: 15000000 5%
Frozen Team: 15000000 5% Distribution of Funds Marketing & Business Development 25 Projects & Community Development 30 Security 5 Reserve Core Activities 5 Operational costs 10 Legal Contingency Funds 5 Others & Unexpected 5 IT Hardware & Overhead
Production 15 Improve Medium Platform Models
Refine Medium raises the standard of video platforms worldwide and is a new blood for cryptocurrency.
Each and every stakeholder platform is valued, including viewers.
Decentralized video storage.
The mechanism for selecting and awarding inappropriate gifts.
Transparent token distribution through smart contracts.
The core team
Roadmap
2018
Quarter 3 (2018)
• Formation of ideas & concepts
• Suvrvey & Research Market
• Formation of
2018
Quarter 4 teams (2018)
• Project planning
• Technical Scope Study
2019 Quarterly Company Registration & Domain
(2019)
• Launch & Newsletter site web
• Whitepaper disclosed
• Binding with technical experts & advisors
• Involving many communities
• Management of the
2019
Quarter 2 Airdrop & Bounty system (2019)
• ICO Announcement
• Media Awareness
• Beta release
• Private Sales
• Pre Sales
2019
3rd Quarter (2019)
• Advanced Pre-Sales
• ICO
• Bug Prizes
2019
4th Quarter Events & Partnerships (2019)
• Register on active exchanges
• More exchanges that can be traded
• Diversified funds collected
• Airdrop
2020
Quarter 1 (2020)
• Dapp Launch Phase -1
• Search Engine Optimization
• Extending Medium use Purification through various platforms
• Extending
2020 user base
Quarter 2 (2020)
• Dapp -2 Launch Phase
• Launch Cellular Version Dapp
• Enhance Medium-specific wallets
• Diversify our Platform
• Make our own blockchain
Conclusions
Today, each of us can note that the tendency to create, broadcast, and interact with content is undergoing major changes. Differences are everywhere: between print and digital media, video and sports games, wired and wireless internet, pay TV and free TV, social networks, and print media. Traditional studios and production offices that used to be monster markets are now difficult to compete with innovative and ambitious streaming providers such as Youtube, Netflix, Prime Video, and others. This phenomenal growth in online video content has led to a marked shift in power alignment in the media market.
While online and offline content providers are drawn to the struggle for viewers, viewers watch this process, constantly receiving bonuses from one competing party or another. And, of course, Refine Medium with its innovative platform will take an active part in controlling the market and will be able to win many users.
Featured On
To follow the latest project news, you can visit the official website or subscribe to social networks:
✅ Web: https://refinemedium.com/
Whitepaper: https://refinemedium.com/pdf/whitepaper.pdf
Twitter: https://www.twitter.com/refinemedium
Facebook: https://www.facebook.com/refinemedium
✅ Instagram: https://www.instagram.com/ refine.medium
✅ LinkedIn: https://www.linkedin.com/company/refinemedium/
✅ Medium: https://medium.com/refineupdate
✅ Telegram: https://t.me/refinemedium
AUTHOR
Bitcointalk Username: Dewi08
Telegram Username: @ dhewio8
Bitcointalk url: https://bitcointalk.org/index.php?action=profile;u=894088
Wallet address (eth): 0x53D1Ea8619E638e286f914987D107d570fDD686B
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