NODVIX is an ecosystem for the distribution of media content between all its participants, based on Peer-to-Peer Internet Network (P2P) technology. Due to this, we are able to reduce the cost of scaling the platform and provide significant advantages over the traditional centralized broadcast resources and media hosting, as highlighted within this document.
NODVIX is self-regulating, peer-to-peer, decentralized and anonymous media content platform with open source continuous online broadcasting, using its own crypto currency as payment for services.
The concept of the project is to provide continuous broadcasting of a vast array of unique media content: from music to popular science shows, without censorship or bias, where everyone can become part of the broadcast. Media content is stored within the decentralized Torrent-Node network for a fixed period of time and sorted through pre-defined ratings.
How to use NODVIX
Advertisers upload banner adverts and media to the NODVIX platform. These adverts are reviewed, rated and authorized by the Torrent-Nodes.
A torrent-file (hash file) is generated and uploaded to the Torrent-Nodes. The file also contains a unique encrypted wallet address where profits will be sent.
The Torrent-Nodes vote to categorize the content, as well as review the content. Should the content be illegal in nature, the Torrent-Nodes will permanently block the file Adverts are placed into the content by the Torrent-Nodes. Adverts will appear in a non- intrusive manner periodically while being relevant to the category of media being viewed.
The finished content is then broadcast to the NODVIX platform network. Content is placed into one of many specialized channels based on the Torrent- Nodes categorization. Users can watch 24-hour content through the platform based on their interests and preferences.
Broadcasting Network
Television and radio broadcasting have been with us for almost 100 years. They’ve been the core of an information revolution that drove every single one of the events of the 20th and 21st centuries. In 1914, before radio, a single event triggered a world war simply because there was no real-time information. As news spread of the assassination of Archduke Ferdinand, countries all around the planet responded through the use of treaties and pre-made alliances. There was no time for a voice of reason, and no way to distribute it. That was the last war fought without mass-market telecommunications technology and it was in many ways the fiercest and most cruel war of all time.
Radio, then television, have played a part in building a worldwide peace that has lasted since the 1940s. Sure the world isn’t free of military conflict, but thanks to global communication and the way it brings us together, most of us have never seen anything like a world war. Television has made war more horrifying for the average person and that’s a good thing.
In the meantime, radio and television have brought us happy times and sad, kept us informed during national disasters and tragedies, and given us hope when we have needed it most. Broadcasting has lifted us up and unified us and clarified our purpose.
And for the first time in its history, television — in fact all broadcasting — is under attack on several fronts.
Obviously the greatest challenge to television is the internet. By creating a global, always-on network full of on-demand content, the internet has become the way most of us get our information. The internet has already made television obsolete as a global news medium – by the time the TV news gets hold of something, the internet has had it for hours or days. The immediacy and intimacy of the internet, delivered exactly as we want it, when we want it, has made people move away from broadcasting in droves. That’s already happened.
Recognizing the brodcasting era that is now becoming more sophisticated, NODVIX is challenged to become a brodcasting platform that is able to present interesting and relevant video content specific to a user’s interests. NODVIX is a 24-hour P2P broadcasting platform designed to display interesting and relevant video content to its users that is free from restrictions and provides a revenue model that pays creators/uploaders.
With a system like this, it allows creators or other stakeholders to feel valued for their efforts.
NDVX Token
The company’s internal digital currency, NDVX, is an ERC20 token and used as both a means of payment and an enabler for the Torrent-Node network.
Advertisers use NDVX to pay for advert airtime on the channel of their choosing along with discounts for utilizing the NDVX tokens.
Content-makers and Uploaders receive NDVX tokens as payment for services.
NDVX tokens create Master-Nodes. This type of Torrent-Node provides a higher rate income (8%) for their participation in the information storage, dissemination services, and content review. Master-Nodes are weighted meaning additional NDVX over the minimum amount will multiply the payout value.
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Author By: ardibimbim
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1446175
ETH wallet: 0xcE84a75540510467B4915692B6ebD1e1b9E3aa93
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1446175
ETH wallet: 0xcE84a75540510467B4915692B6ebD1e1b9E3aa93
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