Rabu, 28 Februari 2018

BUZZSHOW - First Social Networking Video Site Which Adopts Blockchain Technology

Introduction


Buzzshow is one of the first social networking video sites to adopt blockchain technology to provide a platform that places the interest of creators, curators and viewers first. Blockchain uses Goldies as a crypto that provides incentives to create, share and view videos on BuzzShow. The platform members not only earn as creators of content, but also earn while they share videos and when they view videos. This is the first fully developed social video network that lets everyone get involved in contributing and making money on the platform.

This platform intends for us IPFS (InterPlanetary File Sharing) in future releases to ensure its content is completely decentralized. This allows files to be stored without relying on a centralized database as most video sites rely on. As a result, it is not susceptible to DOS attacks or ransomware attacks because the video will be held in many systems. The benefits are faster, more open and more secure than centralized, centralized video encoding methods. This technology is useful for BuzzShow as it allows the platform to be completely decentralized while saving bandwidth costs.

BuzzShow is committed to ensuring that revenues generated from premium ads and subscriptions are distributed evenly between the entire "food chain" including content creators, curators, marketers and consumers according to their level of participation and popularity on the platform. Most other video sharing sites retain about 50 percent of revenue from advertising, as in the case of YouTube using 55-45 percentage revenue sharing schemes, or storing overall revenue for themselves as in the case of Facebook and Twitter.
Under the creator and curator of this scheme content, it is compelled to share the remaining portion of income, despite doing most of the work. Buzzshow aims to disrupt industry by providing all parties involved in revenue generated from content creation.

FEATURES

Users on the platform will earn money while uploading their first video on the platform. This is a very simple way to earn Goldies even before the demand on the site develops. They can also get every referral confirmed on this site. As soon as users sign up based on their referrals, they also earn some Goldies. Another feature is the ability to create channels and upload videos for free. There are no paid options that offer content creators greater capital opportunities. Everyone starts at the same price, and it's absolutely free for everyone.

This makes companies reluctant to pay special treatment on stage. They will support their favorite creators by sending Goldies. Goldies will not be subject to any outrageous transaction costs such as Patreon and other donation platforms, but rather near zero micro-transaction costs. This will ensure that creators get the support they need.In addition, creators can sell access to their content to enable them to earn Goldies if the content is of high quality. Users can access this premium content by paying Goldies they get on the platform. Advertisers will be able to directly pay the creator and curator to ensure that ads are placed on the video for the right target audience. This is a more effective strategy than random ad placement with no feedback from advertisers.

BENEFITS USING BUZZSHOW

How User Buzzshow Benefits Users of different platforms will benefit differently depending on their contribution to the site.

Specific benefits for each of these groups are as follows:

Video creators will get Goldies to create content and add it to their channel as well as when users view the video. This provides an opportunity for video creators to generate double incomes. They can also charge a premium if they want to.

Video curators get Goldies whenever they share videos or when videos are viewed on their channel.
Viewers get Goldies when they watch videos on the platform, and they can use these Goldies to pay for premium content from their favorite creators.
Advertisers can purchase Goldies for use to pay for advertising space from either a curator or a particular creator.

Validators verify the ads that are included in the video to ensure that advertisers market only based on ad space. This validator is paid using Goldies.
Moderators get Goldies by validating whether content shared by the creators complies with the terms and conditions. They mark issues such as racism and inappropriate content to ensure users do not violate their requirements.

Developers / Platforms maintain some Goldies provided to them. In addition, they get based on the plugins and upgrades that are introduced to the platform.
Buzzshow will provide storage options by dealing with other decentralized storage companies and letting content owners pay a small fee for storing blocked videos.
Token Sale Description

TOKEN SALE's goal is to release a Buzzshow platform developed and tested into the marketplace and expand the network of viewers and creators using the Buzzshow system and get the Buzshow Tokens prize. This will specifically build alpha platforms that have been developed and tested, which have been developed and active, not just a concept. This is a major deviation from most ICOs that only offer concepts and mostly sells Tokens to raise funds for development, and obviously does not work as a utility Token. Buzzshow has created an alpha version of the platform that can be accessed by contributors through the website. The available TOKEN SALE coins will be limited to 150,000,000 Goldies.


Of the 150 million tokens, 62 percent will be put up for sale while 14 percent will be frozen for the Stability mechanism. The team will get 8 percent coin. The adviser will receive a 2 percent token while the shareholder will receive a 7 percent token. The bounty program will receive 2 percent and the bonus program will receive 5 percent to build solid communities and content contributors within the first 24 months of critical operations. This is better shown in the following figure.


ROADMAP









For more detailed information, please visit the following websites.

Websites: https://www.buzzshow.com/
Blog: http://buzzshow.com/blog
Technical Report: https://www.buzzshow.com/tokensale/resources/files/buzzshow_white_paper.pdf
Facebook: https://www.facebook.com/buzzshownetwork/
Twitter: https://twitter.com/buzzshownetwork
Telegram: https://t.me/buzzshow
Reddit: https://www.reddit.com/user/BuzzShow

Author : adifariz

Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1279352

ETH : 0x48CeC0d6baa75D069eA06A59D6Ed8916E94ef19A

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