PRESENTATION
Since the emergence of blockchain technology in 2008 when Satoshi Nakamoto introduced bitcoin,there have been rigorous efforts to apply the blockchain to several aspects of the global business process, Blockchain technology has been described as having the potential to disrupt many industries with low-cost transaction, immutability, and enhanced security. In the years that have followed, many other blockchain implementations have been developed with each one exhibiting unique features tailored to specific use-cases.
Blockchain has made it possible to issue just about any asset via a distributed ledger framework. With the aid of cryptocurrency tokens, these assets can be given economic value in order to initiate and validate several transactional processes. Several on-chain protocols have been developed by a number of startups and established companies alike in order to create blockchain-based solutions.
REVIEW OF REFINE MEDIUM
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. Refine Medium aims to develop a "People's Own Media" based on blockchain technology and driven by a robust cryptocurrency designed for mass adoption.
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.
OBJECTIVE
Refine Medium 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.
Refine Medium 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”.
THE FEATURES
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.
Refined protocols for copyright management
Refine Medium is the property rights of others and requires all stakeholders to do the same. Refine Medium is strictly against copyright infringement 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 two of its violations Terms and Conditions at any time, with notice. Furthermore, the videos will be downloadable due to the risk of copyright infringement. You need to download XRM tokens.
Equitable distribution of power
Refine Medium aims to provide a world-class infrastructure for creators who produces quality content and promotes an increase in compensation and fair distribution of power.
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.
THE PLATFORM
There are five trust on the Refine medium platform:
Content Trust
Advertisers raise concerns about quality, security and adequacy of content advertised by advertisers.
Audience Trust
Media and academic reports have suggested that many social media accounts are bots.
Data Trust
Mote E & M companies are taking more responsibility for protecting credit card numbers.
Monetization Trust
The direct measurement of the public of the fact that an agency is referring to the public promised to a client has not received a satisfactory answer.
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 are affected by the level of trust that results. Therefore, Refine Medium is that trust will be the 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.
XRM TOKEN
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 networks and rewards. The salt 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
The creators will be able to use the XRMs to request various user trends from the platform in order 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 that allows the user to upload an unlimited basis on a monthly basis.
Token Details
Type: Utility
Protocol: ERC-20
Ticker: XRM
Supply: 300,000,000
Soft Cap: 20,000 ETH
Hard Cap: 170,000 ETH
Token Sale: 180000000 (60%)
Development & Marketing: 60000000 (20%)
Advisors & Team: 30000000 (10%)
Bounty & Airdrop: 15000000 (5%)
Reserved: 15000000 (5%)
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
THE TEAM
Conclusion
Today, each of us can note that the tendency to create, broadcast and interact with content is undergoing major changes. There are differences everywhere: between print and digital media, video and sports games, cable and wireless Internet, pay TV and free TV, social networks, and print media. Traditional studios and production offices that used to be a monster market now find it difficult to compete with innovative and ambitious streaming providers such as Youtube, Netflix, Prime Video and others. This phenomenal growth in online video content has led to real changes in the balance of power in the media market.
While online and offline content providers are interested in fighting for the audience, viewers watch this process, continuing to receive bonuses from one or another competing party. And, of course, Refine Medium with its innovative platform will take an active part in market management and will be able to win many users.
FOR MORE INFORMATION:
Website: https://www.refinemedium.com
White Paper: http://refinemedium.com/pdf/whitepaper.pdf
Facebook: https://www.facebook.com/refinemedium
Twitter: https://twitter.com/RefineMedium
Instagram: https://www.instagram.com/refine.medium
Telegram (group): https://t.me/joinchat/Gd45-BKEzwRk9YsbmDmgcg
Telegram (Channel): https://t.me/refinemedium
Medium: https://medium.com/refineupdate
AUTHOR (Gocing84)
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=2215462
ETH Address : 0x54D38d470c2a5Dc0b0529bf8802a3F703ba68640
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