Hello, meet again with me Samuraijin, I will write an article about the crypto project called Refine Medium. For more details, I will discuss it below
Video creation, conveyance & consumption trends around the world is experiencing a major disruption. The distinctions between print and digital media, video games and sports, wireless and fixed internet access, pay TV and Over-The-Top (OTT), social and traditional media are blurring. For consumers around the world, entertainment has become more of a necessity. It provides a gateway to happiness and gratification, during the momentary breathing spaces that people get in this rapidly progressing world. Unsurprisingly, the Entertainment and Media industry generates over $2 trillion in annual revenues worldwide. The USA ($750 billion), China ($190 billion) and Japan ($157 billion) are the world leaders in E&M markets.
Entertainment & Media industry is sublty poised to experience the blockchain disruption and incorporate a pragmatic use of cryptocurrency. The existing greed driven business models of online video industry is set to experience a major setback with the emergence of blockchain based video platforms which will place the control back in the hands of the users who feed the entertainment economy- viewers and creators. The glimmer and shimmer of the yesteryear’s entertainment industry can be ushered back with the radiance of today’s technology.
What is Refine Medium?
Refine Medium is a decentralised media platform rendering authentic and high quality video content. It is built on top of Ethereum blockchain designed to enable viewers, creators and innovators of the platform to connect via blockchain based smart contracts. A one-of-its-kind platform that will incentivise each and every stakeholder for their contribution to the platform.
Visi & Misi
Mission
“Validation, Verification and Vindication of online media along with a rigid, immutable and secure ledger in order to build trust in the blockchain system.”
Vision
RefineMedium has come up with a social video platform which aims to bridge the gap between “human being” & “being human” as humanity thrives forever. There are 4 stages of building a quality creator in the RefineMedium ecosystem- Creators with a new idea and raw content, Creators collaborating with RefineMedium moderators to cause a positive impact on their creation with a touch of professionalism, Creators who have established their identity on the platform and intend to progress and prosper and at last, Creators who have achieved enough prosperity and stardom and intend to cause lasting changes in the society and inspire others to do the same. RefineMedium aims to provide an ecosystem which nurtures a naive creator into a self-actualised one. The goal is to reach the top of the “Refine Rhombus”.
How does it work?
Refine Medium raises the bar for video platforms worldwide and looks like a new model for crypto currency. The interface of Refine Medium is very intuitive and makes monitoring, uploading and evaluating videos very easy. It is based on the local administration principle and is loaded only if the videos receive a certain number of votes. The network has moderators who vote for videos, and later evaluations produce rewards for content creators. The application will have the following basic features:
- 24/7 video streaming and easy uploading
- Automatic Rewards with Smart Contracts
- Neutral vote and reward sharing mechanism
- Refine Medium Wallet
- Distributed video storage
- Transparent and secure transactions with XRM
Refine Medium Features
REFINE MEDIUM TOKEN
Refine Medium is introducing an exclusively customised token “XRM” to promote all the transactions and economy on the Refine Medium platform. “XRM” is intended to serve as a native payment system for the network and reward all the relevant parties for producing, distributing and promoting quality video content..
Token Distribution
Refine Medium Bounty tokens will be issued in order to fortify user adoption, thus, promoting the growth and development of the platform. Refine Medium Bounty tokens will be awarded for creating awareness about the platform till the end of our ICO through our Bounty Program. Refine Medium Bounty tokens will be swapped for 1:1 ratio for Refine Medium "XRM" utility tokens post our ICO.
Token Allocation
- ICO : 150000000 - 50%
- Presale: 30000000 - 10%
- Private Sale: 15000000 - 5%
- Team & Advisor: 15000000 - 5%
- Community development: 45000000 - 15%
- Airdrop & Bounties: 15000000 - 5%
- Retained: 15000000 - 5%
- Team Frozen: 15000000 - 5%
Fund Distribution
- Marketing & Business development: 25
- Project & Community development: 30
- Security: 5
- Core Activities reserve: 5
- Operational expenses: 10
- Legal Contingency Fund: 5
- Misc & Unexpected: 5
- IT Hardware & Production Overhead: 15
Roadmap
2018
Quarter 3(2018)
• Idea & concept formation
• Market Suvrvey & Research
• Team formation
2018
Quarter 4(2018)
• Project Planning
• Technical Scope Study
• Company & Domain Registration
2019
Quarter 1(2019)
• Website launch & Newsletter
• Whitepaper disclosed
• Tie Up with technical experts & advisors
• Engaging multiple communities
• Airdrop & Bounty system management
2019
Quarter 2(2019)
• Announcement of ICO
• Media Awareness
• Beta version launch
• Private Sale
• Pre Sale
2019
Quarter 3(2019)
• Pre Sale Continued
• ICO
• Bug bounties
• Events & Partnership
2019
Quarter 4(2019)
• Listing in active exchanges
• More Tradeable exchanges
• Diversify raised funds
• Airdrop
2020
Quarter 1(2020)
• Dapp Launch Phase -1
• Search Engine Optimization
• Expanding Refine Medium usage through different platforms
• Expanding the user base
2020
Quarter 2(2020)
• Dapp Launch Phase -2
• Launch Mobile Version of Dapp
• Refine Medium dedicated wallet
• Diversify our Platform
• Creating our own blockchain
Team
Advisors
If you want to know more about the Refine Medium project you can visit the link below, Enough for my writing this time which only discusses some important points of this project, for more information please visit the link below
Website: https://www.refinemedium.com
Whitepaper: https://www.refinemedium.com/pdf/whitepaper.pdf
Facebook: https://www.facebook.com/refinemedium
Twitter: https://twitter.com/RefineMedium
Telegram: https://t.me/Refine_Medium
Medium: https://medium.com/refineupdate
ANN Thread: https://bitcointalk.org/index.php?topic=5128882
AUTHOR
Username Bitcointalk: samuraijin
Profile Bitcointalk Link: https://bitcointalk.org/index.php?action=profile;u=905398
Wallet Address: 0x3f9bb3679f1B71F22d823992078244C87EF4D455
0 Comments