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[ICO - ITA] Refine Medium, the platform that rewards you for viewing videos!

Hi crypto lovers, I dedicate this article to talk about the Refine Medium project  ( https://www.refinemedium.com ). The team aims to create a decentralized multimedia platform that offers authentic and high quality video content. It is based on Ethereum technology designed to allow viewers, creators and innovators of the platform to connect via blockchain-based smart contracts . In the rest of the article I will explain to you in detail the features of this fantastic project. Follow me!

The problem

We are living in an age in which the creation and enjoyment of videos all over the world are experiencing serious discomfort. The distinctions between print and digital media, video games and sports, wireless and fixed access to the Internet, pay-TV and Over-The-Top (OTT), social media and traditional media are tarnishing. For consumers around the world, entertainment has become more than a necessity. Not surprisingly, the entertainment and media industry generates over $ 2 billion in annual revenue worldwide ($ 750 billion in the US, $ 190 billion in China and $ 157 billion in Japan). This phenomenal growth in online video content over the last decade has triggered a remarkable shift in the balance of power. While online and offline content providers engage in the struggle for control, consumers are the only beneficiaries with an unprecedented choice of content. But is shifting control from oligopolistic studios and production companies to video platforms that think the same way a sustainable option? Or there is a better option that raises the expectations of consumers eager for content and therereward simultaneously for viewing and reviewing videos ?

The solution

Refine Medium is a decentralized video platform that offers authentic and high quality video content . Refine medium connects spectators, creators and innovators of the platform through smart contract.
Refine Medium is a unique platform that provides direct rewards for its creators, while rewarding users for watching the video, without geographical barriers! Refine Medium is a perfect blend of corporate consciousness, technical finesse and unprecedented entertainment. With a clear mission and the tools to do the same in its arsenal, Refine Medium aims to develop a " People's Own Media " platform based on blockchain technology and driven by a robust cryptocurrency designed for mass adoption. 

What are the goals of Refine Medium?

The Refine Medium platform is based on "5 trusts".
  1. Content Trust. Advertisers raise concerns about the quality, security and adequacy of the content advertised by advertisers.
  2. Audience Trust. Media and academic reports have suggested that many social media accounts are bots.
  3. Data Trust. Mote E & M companies are taking on more responsibility for protecting credit card numbers.
  4. Monetization Trust . The direct measurement of the audience of the public on the fact that an agency is referring to the public promised to a client has not received a satisfactory answer.
  5. Ecosystem Trust. Is your company good for society? The size, scope and usefulness of current media platforms are resurfacing this philosophical question.
Entertainment and media companies around the world are increasingly affected by the level of trust that results. Therefore, Refine Medium believes that trust will be a determining factor for the ability to attract and sustain revenues in the future. With this conviction, Refine Medium aims to lead the E&M industry into the future with the help of an online video platform.

What are the services provided by Refine Medium?

The following basic services will be offered by Refine Medium in the first phase of its introduction.
  1. Video upload: easy, fast and secure. Refine Medium uses Ethereum's blockchain technology to perform two main functions that allow transparency in: content monetization and storage of valuable information for creators, innovators and users that will win the trust of all platform stakeholders. The model implemented by Refine Medium through blockchain technology creates a network directed from creator to consumer, replacing intermediaries in the process. The blockchain validates information on a distributed ledger that will provide various levels of privacy for users based on the implementation and behavior of the actors within the infrastructure.
  2. Refined protocols for copyright management. Refine Medium respects the intellectual property rights of others and requires all stakeholders to do the same. Refine Medium is strictly against copyright infringement activities and the infringement of intellectual property rights on its website or related services. Refine Medium may remove content and / or terminate a user's account due to a violation of its Terms and Conditions at any time, with notice. Furthermore, the videos will not be downloadable due to the risk of copyright infringement. If you want to download a certain content, you can do it by paying XRM tokens .
  3. Equitable distribution of power. Refine Medium aims to provide a world-class infrastructure for creators who produce quality content and promote an increase in compensation and a fair distribution of power.
  4. Moderation of decentralized content. On the road to becoming a global decentralized solution, the platform aims to address the problems of content suitability, plagiarism and legality by implementing a group of participants, among its users, to moderate the uploaded topic.

The DApp Refine Medium

The decentralized Refine Medium app will provide the user with an intuitive interface for streaming, uploading and reviewing videos in a fully decentralized environment. The moderators will be responsible for moderating the platform by voting for the various videos. A video is loaded only when its threshold value is reached. Both users and moderators will be encouraged with my means to refine the token. Refine Medium will introduce a new ERR20 XRM token . The app will have the following features:
  • 24/7 video streaming and uploading 
  • Automatic reward through Smart Contract
  • Space Boost
  • Data Boost
  • Refine Medium Wallet
  • Transparent and secure token transactions

The token economy

Refine Medium has introduced the XRM token to promote all transactions and the economy on the Refine Medium platform. XRM is designed to act as a native payment system for the network and reward all interested parties for the production, distribution and promotion of quality video content. For maximum transparency and the protection of participants, the sale will be regulated by a Smart Contract used on the Ethereum Blockchain. XRM is a utility token and can be used within the platform to:
  • Data Boost. Creators will be able to use XRMs to request various user trends from the platform to improve the quality of their videos.
  • Refine Handpick. Moderators will get a reward in XRM for content moderation.
  • Space Boost. Each user on the Refine Media platform will have a limited number of monthly uploads. In order to access the unlimited upload function, it is necessary to purchase a boost pack that allows the user to upload on an unlimited basis on a monthly basis.
the total supply of XLM tokens is 300,000,000 units and the following image shows the relative distribution. 
You can already participate in the Private Sale by accessing the project website. The Pre-Sale, instead, will start in about 21 days starting today. I conclude the article by saying that I consider Refine Medium a very interesting project and, if the team respects the promises of the White Paper, it will surely be an interesting platform to get rewards for creating and / or viewing video content! 

Links to official project resources:

My Username : baywalk

My Bitcointalk URL : https://bitcointalk.org/index.php?action=profile;u=2442391;sa=summary

My ETH Address : 0xC910982cec417a07Ec380A12808951b45e76DC4b

Telegram :@Baywalk321

Email : baywalk321@gmail.com

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