MEDIA Protocol is London startup company, founded last year and they stated the current content distribution system (with holdings and centralized distribution sites) inefficient and unstable. In return, MEDIA Protocol offers a complex of thematic, highly specialized aggregator applications assembled on a block-based platform. Publishers and authors here have the right to expect a decent reward, and readers - for small bonuses ( in MEDIA tokens )
MEDIA Protocol was established by British entrepreneurs Thomas Graham and Martin Adams. They are also co-founders of the company Codec, specializing in content marketing (promotion on the web without regard for classic SEO techniques) The CEO of MEDIA Protocol is James Tabor, who previously worked for CognitionX, for example, is a platform that allows large companies to implement solutions related to AI and data analysis, literally, "without getting up". The thing is that CognitionX is a kind of catalog of applications, algorithms, the data sources and experts. Together, James Tabor and Thomas Graham develop the Digital Future Council, a company that has set out to ‘’ bridge the gap between media and technology ‘’
As you can see, the creators of MEDIA Protocol have something to boast about in the media environment. They definitely inspire the confidence
Why the content platform on Blockchain system?
MEDIA Protocol - block-platform with a selection of the DApps, opening access to content of different subjects. The first such application was CryptoCatnip (available on Google Play and the App Store, though so far without transactions). This is the aggregator of news about crypto-currencies. All the most important things are collected in one place on the your screen
The main idea of MEDIA Protocol is to stimulate readers with tokens
How Dose Media Protocol Work
- Suppose we are talking about the media publishing news about the "crypt". It goes to the MEDIA Protocol and selects the thematic channel CryptoCatnip
- The budget for promoting one material - say, 10.3 thousand MEDIA tokens. A small commission, 300 coins, goes to the purse CryptoCatnip, the remaining 10 thousand publishers spend on promotion among users
- 10% of the amount - for "Laika", 30% - for reading, 20% for "sharing" the material in social networks, 40% for comments (statistics the authors of MEDIA Protocol quote "from the ceiling", in reality, everything can be different - at your discretion )
- Bonuses received by readers are nothing more than a pleasant reward. You will not make any tangible capital on this. So it is unlikely that someone will purposefully engage in "spam" in the comments and "licking" all in a row
As a result, due to user actions, the coverage of the material can turn out to be gigantic
Goals of the Platform
- Developers want to create certain rules that will help to competently establish cooperation between creators and buyers of content
- A mechanism that allows you to monetize really promising ideas
The Conclusion
MEDIA Protocol is a platform that can directly reward creators of content for their work, without any intermediaries involved in the reduction or collection of private data. The MEDIA protocol is not the application itself, but rather a software development kit that programmers can use to create decentralized application
For More Information Visit:
Website: https://www.mediaprotocol.org/
ANN: https://bitcointalk.org/index.php?topic=3396313.new#new
Whitepaper: https://www.mediaprotocol.org/static/MEDIAProtocol-Whitepaper.7fe3b0fe.pdf
Telegram : https://t.me/Media_Protocol_Community
Facebook: https://fb.me/MEDIAprotocol
Twitter: https://twitter.com/MEDIA_Protocol
Author details
Bitcointalk profile Username : ImBit (https://bitcointalk.org/index.php?action=profile;u=1574899)