What are the main issues to be raised?
In recent years, various media platforms have emerged, the main tasks that were originally set to generate revenue, which of course they did very well. However, this market segment is highly centralized and the rules of the game are set here by large monster companies, which independently determine usage policies 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 writer wants to get more and for this he starts creating more content, often sacrificing the quality and variety of material.
2. Offer to intangible content viewers. Because of the large amount of content on the network, it becomes very difficult for users to find the right video. The lack of an adequate categorization system precludes easy and relevant searches.
3. There is no moderation of decentralized content. Recently, on existing platforms, there are many problems with copyright. The platform is full of beginners who want to instantly become stars and make money quickly. Therefore the quality is low and copying material from other participants. This forces the platform to create a content moderation system that determines the original authorship of all clips.
4. Illegal manipulation and monetization of user data. In a fast growing industry, users become stand-alone products. User data is stolen, sold and bought. There are constantly new scandals on this topic.
The problem statement discussed shows that the future of online content providers is not very bright. Unfortunately, both writers and viewers are at risk. Only serious actions can reverse a negative trend and drastically change the rules of the game. Fortunately, there are signs that the industry is still ready for quality transformation.
What is Refine Medium? What are the advantages?
Refine Medium is a decentralized media platform where users can create and provide unique services for viewing other users. The basics are centered based on the construction of the Ethereum block chain. Thanks to Blockchain technology, all the benefits of smart contracts are ensured by enabling interaction between viewers and content creators. The main objective in this system is to encourage users to contribute to the development of platforms and to interact, helping users to produce more authentic and richer content.
This platform has many advantages. This includes easy and uncensored access from any point in the world. In the global world, distance will be eliminated. It is also important that users who are looking for content can find the content they are looking for more easily. Because the platform is designed to have a useful structure. This will take part in steps to reduce pirated content in the ecosystem. In addition, unlike other competitors, subscription fees will remain low and users will be given more reasonable content.
Here are some of the core features of Refine Medium:
Mission
In recent years, various media platforms have emerged, the main tasks that were originally set to generate revenue, which of course they did very well. However, this market segment is highly centralized and the rules of the game are set here by large monster companies, which independently determine usage policies 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 writer wants to get more and for this he starts creating more content, often sacrificing the quality and variety of material.
2. Offer to intangible content viewers. Because of the large amount of content on the network, it becomes very difficult for users to find the right video. The lack of an adequate categorization system precludes easy and relevant searches.
3. There is no moderation of decentralized content. Recently, on existing platforms, there are many problems with copyright. The platform is full of beginners who want to instantly become stars and make money quickly. Therefore the quality is low and copying material from other participants. This forces the platform to create a content moderation system that determines the original authorship of all clips.
4. Illegal manipulation and monetization of user data. In a fast growing industry, users become stand-alone products. User data is stolen, sold and bought. There are constantly new scandals on this topic.
The problem statement discussed shows that the future of online content providers is not very bright. Unfortunately, both writers and viewers are at risk. Only serious actions can reverse a negative trend and drastically change the rules of the game. Fortunately, there are signs that the industry is still ready for quality transformation.
What is Refine Medium? What are the advantages?
Refine Medium is a decentralized media platform where users can create and provide unique services for viewing other users. The basics are centered based on the construction of the Ethereum block chain. Thanks to Blockchain technology, all the benefits of smart contracts are ensured by enabling interaction between viewers and content creators. The main objective in this system is to encourage users to contribute to the development of platforms and to interact, helping users to produce more authentic and richer content.
This platform has many advantages. This includes easy and uncensored access from any point in the world. In the global world, distance will be eliminated. It is also important that users who are looking for content can find the content they are looking for more easily. Because the platform is designed to have a useful structure. This will take part in steps to reduce pirated content in the ecosystem. In addition, unlike other competitors, subscription fees will remain low and users will be given more reasonable content.
Here are some of the core features of Refine Medium:
- Save decentralized video content (Fix Media using IPFS protocol)
- Users can upload videos and make channels free
- Video producers can sell access to premium content
- Viewers can support and contribute to creators
- Users can receive prizes in return for watching free videos
- Anyone can buy premium content with XRM tokens
- Advertisers can advertise on the platform and send payments directly to users - including video makers and viewers
- Open source software is built on the Ethereum blockchain and smart contract
Mission
"Validation, Verification, and Justification of online media together with ledgers that are rigid, unchanging, and safe to build trust in the blockchain system."
Fisi
RefineMedium has presented a social video platform that aims to bridge the gap between "human" & "being human" because humanity develops forever. There are 4 stages of building quality creators in the RefineMedium ecosystem - Creators with new ideas and raw content, Creators collaborating with RefineMedium moderators to have a positive impact on their creations with a touch of professionalism, Creators who have established their identities on the platform and intend to advance and prosper and finally , A Creator who has achieved enough prosperity and fame and intends to cause lasting change in society and inspire others to do the same. RefineMedium aims to provide ecosystems that maintain naive creators who are self-actualizing. The aim is to reach the top "Refine Rhombus".
The solution
Videos uploaded to the Refine Medium platform will use IPFS, which allows you to store 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 a file search for the hash number is done. The IPFS protocol then determines on which node the requested file fragments are stored and gives clients access to this file. Consider the basic functions that the platform client will use:
1. Storage and streaming. Original content (files or streaming) is broken up into small segments before being uploaded to the IPFS network. This allows you to optimally and evenly use all nodes that are connected to the network without burdening any of them. The hash file is stored in the manifest uploaded to the ethereum network.
2. The 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 points and prizes that provide their capacity to store content.
3. Using 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. It 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 erasure of that information.
The idea behind Refme (Refer me) is to choose content with the highest quality level possible to upload it to the Refine Medium platform. The ability of the writer is greatly enhanced through mechanisms that promote high ranking content among users with high ranking. This happens through a special tab on the platform's website and is one of the system's main tools.
Token Allocation
Token XRM is based on Blockere Ethereum (ERC20) smart contract. All transactions on the platform are clearly recorded and stored on the blockchain.
Blockchain and tokens are two important kernels that can make payments transparent, anonymous, towards a decentralized video platform, video storage and general user agreement.
Profit Distribution
How does Refine Medium work?
1. Advertiser
Advertisers can upload promotional videos to the platform. Advertisers can set a price per view, then target audiences based on country, city, gender, age and interests.
Advertisers can add their banners or place short promotional videos of up to 30 seconds on videos registered by the uploader for free.
Advertisers can add videos that promote certain products or services to the market with text descriptions, specifications, and prices.
Videos will only be shown to users in the selected target group. Advertisers pay the cost of each view for the platform, the author receives 65% of the amount and the user receives 25%. If users are interested in a particular product, they can buy the product or service advertised in the video by clicking the "Buy" button and paying the XRM token directly from their wallet to the customer's wallet.
2. Content creator
Video creators can upload their videos and set prices on a per-impression basis only. Users who are interested in viewing premium content can pay the fee specified, then immediately they can have access to the video. This allows content creators to sell video lessons at high prices, for example.
Video makers can also make paid channels. Users can pay a daily, weekly, monthly or yearly subscription fee for that channel.
Ads are embedded on every video. Video creators can determine which videos are free to watch, supported by advertisements (not on a subscription basis). However, users can also launch videos as "free advertising" and place a donation button below the video. Viewers can support the creator by sending them an XRM token.
3. Users
Users can watch videos for free without ads. Or, they can help creators through the donation button, subscribe to paid channels, or watch ad-supported videos.
However, users also have the opportunity to earn money by only seeing advertisements. Users can choose to watch video advertisements uploaded by advertisers. In this case, they receive 90% of the price per view determined by the advertiser
Users can use XRM cards directly from their wallets. They can buy goods and services advertised in the videos they watch, for example or pay sellers with XRM tokens.
Team
Recommand
Conclusion
Video sharing platforms like YouTube dominate the market. However, they provide a secondary experience for advertisers, content creators, and viewers. Viewers aren't paid to see ads. Creators only receive 40 to 50% of the revenue generated by their videos. And advertisers lose intermediaries. Meanwhile, the Refine Medium platform aims to resolve this problem. All general agreements made directly between advertisers, content creators and users, and intermediaries are not included. Users who view and subscribe to Refine Medium videos will receive between 25% and 95% of the amount allocated by advertisers.
Creators upload their video content on this platform, receiving 65% of what advertisers pay and 90% of money received as payment from users who view their premium content. Refine Medium provides accurate statistics for advertisers for each ad display. All data is recorded on the blockchain and can be reviewed again by advertisers and third-party auditors. Advertising costs are 20% lower than a centralized video platform. Payments are made directly, without intermediaries and fully transparent.
Find out more at:
Social Network Information
Website: https://refinemedium.com
Twitter: https://twitter.com/RefineMedium
Facebook: https://www.facebook.com/refinemedium
Linkedin: https://www.linkedin.com/company/refinemedium/
Reddit: https://old.reddit.com/r/RefineMedium/
Youtube: https://www.youtube.com/channel/UCjkVHV4ifQGushiquG70r_g
Telegram: https://t.me/joinchat/Gd45-BKEzwRk9YsbmDmgcg
Author: Rafha andika3
Bitcointalk profile:
Eth address:
0xBE70aE4cB83c7F52fFFc4c6933DB52b5Df26e431
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