Refine Medium - Decentralized Media Platform That Offers Original And High Quality Video Content

By Jino | CoinCantik | 6 Jul 2019

As an ICO/IEO/ITO/STO cryptocurrency investor, you must be prepared to DYOR (do your own research) and take the time to analyze and study any potential ICO you may wish to invest in. It is so easy to get caught up in fake marketing and hype, leading you to make bad decisions. No matter how great the website looks or how many of your so called ‘trusted’ YouTubers promote any given ICO, you can only really trust yourself and what you as the investor believe to be the truth.

Below I will to give you one of potential project that interest you !!!

Overview

The entertainment and media industry earns more than $ 2 trillion annually worldwide. Also, half of the world's population is watching online video. Research shows that 82% of global internet traffic is used for video and audio. The world's entertainment and media companies are increasingly affected by reducing public confidence. Therefore, Refine Medium believes that trust is a very important tool for attracting participants and maintaining the ecosystem in the future. Refine Medium is a decentralized media platform offering original and high quality video content. The platform's followers are built on Ethereum technology, designed to enable creators and innovators to connect to blockchain-based smart contracts. It is a platform that encourages each participant to contribute to the platform.

Refine Medium is also a platform for full transparency, users reviewing their videos, lack of geographic barriers, easily discoverable and accessible content, content piracy, and especially rewards for discounts caused by piracy. Subscription fees for users are very low. Refined Token XRM is a crypto presence that will be distributed in the initial stages of the refined Environment ripening journey. Token will be supported by those who want to get their share in the Refine Medium ecosystem and those who believe the decentralization of the block chain-based online video industry. Refine Medium aims to transform the existing centralized industry with revolutionary technologies and to make the segment more transparent, secure, decentralized and creative user friendly, thus revolutionizing the social experience of consumers.

Refine Medium is the perfect blend of corporate conscience, technical refinement and unique fun. It is a platform powered by a solid crypto currency designed for mass adoption, aimed at developing People's Own Media and supported by blockchain technology.

The Refine Medium platform is built on 5 foundations :

Content trust: Copyright protection mechanisms. Videos can only be downloaded for a fee, so content creators are rewarded for their work.
Audience trust: the platform facilitates the fight against social media events.
Information trust is based on real and easy-to-understand statistics that reveal the effort-benefit ratio.
Token trust: distribution through verified smart contracts.
Trust in the ecosystem: moderators are voted by the community and rewarded according to their work. If their activity is not appreciated, they can be removed from the function according to the votes of the users.

Features of Refine Medium

Here are some of the core features of Refine Medium:

Store video content decentralized (Refine Medium uses IPFS protocol)
Users can upload videos and create free channels
Video producers can sell access to premium content
Viewers can support and donate to content creators
Users can receive rewards in exchange 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 creators and viewers
Open source software is built on Ethereum blockchain and smart contracts

All payments on the platform are done automatically in XRM tokens and are stored on the blockchain. XRM tokens is based on the Ethereum blockchain smart contract and is the main tool for transferring value between advertisers, content creators and users.

How does Refine Medium work?

Advertisers

Advertisers can upload promotional videos to the platform. Advertisers can set prices per view, then target viewers based on country, city, gender, age, and interests.
Advertisers can add their banners or place a short promotional video of up to 30 seconds in the videos listed by the uploader for free.
Advertisers can add videos promoting specific products or services to the market Viuly along 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 specific product, they can buy the product or service advertised in the video by clicking on the "Buy" button and paying XRM tokens directly from their wallet to the customer's wallet.

Content creator

Video creators can upload their videos and specify prices on a per-view basis only. Users interested in viewing premium content may pay the specified cost, then immediately they may have access to the video. This allows content creators to sell video lessons at high prices, for example.
Video creators can also create paid channels. Users can pay a daily, weekly, monthly or yearly subscription fee for that channel.
Ads embedded in each video. Video creators can specify which videos are free to watch, supported by ads (not based on subscriptions). However, users can also launch the video as a "free advertisement" and place a donation button below the video. Viewers can support creators by sending them XRM tokens.

User

Users can watch videos for free without ads. Or, they can assist content creators via donation buttons, paid channel subscriptions or watch ad supported videos.
However, users also have the opportunity to earn money by only viewing ads. Users may choose to watch advertiser-uploaded video ads. In this case, they receive 90% of the price per view specified by the advertiser
Users can use XRM cards directly from their wallets. They can buy the goods and services advertised in the video they are watching, for example or pay the seller with XRM tokens.

Token Sales will be done in three stages :

The special sales stage will take place between 25.05.2019-15.06.2019. 15 million XRM token will be available. During this time, the beta version of the application will be published.
The pre-sales period for the sale of 30 million tokens will be made between 25.06.2019 - 15.07.2019.
The ICO will be held between 25.07.2019 - 30.09.2019, where 150 million tokens will be sold.

The project accepts ETH, BTC, BCH and XRP, and ICO participants do not need to undergo KYC checks. ICO aims to reach 170,000 ETH. I https://refinemedium.co