REFINE MEDIUM EARN CRYPTO ICO REVIEW

The ecosystem revolves around Refine Medium, or XRM cards. These tokens are based on the Ethereum blockchain. They are the main tool for exchanging values between advertisers, content creators and users.

Refine Medium's software code is open source and based on the Ethereum blockchain smart contract. Video content storage is decentralized and built on IPFS protocol.

Overall, Refine Medium aims to change the multi-billion dollar video sharing market. They want to target big suppliers like YouTube by providing decentralized, transparent, effective platforms with minimal costs.

Features of Refine Medium

Here are some of the core features of Refine Medium:

• Store video content decentralized (Refine Medium uses IPFS protocol)
• Users can upload videos and create free channels
• Video producers can sell access to premium content
• Viewers can support and donate to content creators
•  Users can receive rewards in exchange for watching free videos
•  Anyone can buy premium content with XRM tokens
•  Advertisers can advertise on the platform and send payments directly to users - including video creators and viewers
•  Open source software is built on Ethereum blockchain and smart contracts

All payments on the platform are done automatically in XRM tokens and are stored on the blockchain.

XRM tokens is based on the Ethereum blockchain smart contract and is the main tool for transferring value between advertisers, content creators and users.

XRM tokens can easily be purchased or sold in any cryptocurrency exchange process in the world as soon as the token is completed.

The hierarchical storage of videos uploaded on the platform is built on the IPFS protocol, allowing storage of distribution network files without any shared control center. 

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Video creation, conveyance & consumption trends around the world is experiencing a major disruption. The distinctions between print and digital media, video games and sports, wireless and fixed internet access, pay TV and Over-The-Top (OTT), social and traditional media are blurring. For consumers around the world, entertainment has become more of a necessity. It provides a gateway to happiness and gratification, during the momentary breathing spaces that people get in this rapidly progressing world. Unsurprisingly, the Entertainment and Media industry generates over $2 trillion in annual revenues worldwide. The USA ($750 billion), China ($190 billion) and Japan ($157 billion) are the world leaders in E&M markets.

Production houses and studios who once subjugated the E&M landscape are now eagerly looking over their shoulders at the adamant, aggressive and ambitious online streaming service providers such as Youtube, Netflix, Prime Video etc. This phenomenal growth of the online video content in the last decade has triggered a notable shift in the balance of power. While online and offline content providers are engaging in the tussle for control, consumers are the sole beneficiaries with unparalleled choice of contents. But is the shift of control from oligopolistic studios and production houses to like-minded video platforms a sustainable option? Or there exists a better option which raises the expectations of the content yearning consumers and simultaneously rewards them for watching and reviewing videos. And also, maintains a robust, transparent and egalitarian relationship between content provider and content creator. The response to this is definitely affirmative.

Entertainment & Media industry is sublty poised to experience the blockchain disruption and incorporate a pragmatic use of cryptocurrency. The existing greed driven business models of online video industry is set experience a major setback with the emergence of blockchain based video platforms which will place the control back in the hands of the users who feed the entertainment economy- viewers and creators. The glimmer and shimmer of the yesteryear’s entertainment industry can be ushered back with the radiance of today’s technology.

Important Features

One of the features I like about this platform is that the uploading will be user friendly. We all agree that blockchain is not the most accessible technology to be used by grandma and grandpa, and these types of platforms are needed to make it easy on old people, on kids, and on technology ignorant. Although technology ignorance is no longer a good excuse, having such user-friendly platforms is suitable for blockchain adoption.

The data is very secure since blockchain keeps all the data fragmented on different nodes, all over the world. Even someone gets a hold of your information on one of the computers; your data will still be safe because only a fragment of the data will be on the hacked computer, and it will not make sense to the hacker. Besides, copies of the data will be on different computers, which will make hacking, modifying, or changing the data an impossibility unless you hand your private key to third parties. This technology makes not only your data but your reputation as secure as it can be with today’s technology, which is the blockchain.

more information:

Website: https://www.refinemedium.com

Whitepaper: http://refinemedium.com/pdf/whitepaper.pdf

Facebook: https://www.facebook.com/refinemedium

Twitter: https://twitter.com/RefineMedium

Instagram: https://www.instagram.com/refine.medium

LinkedIn: https://www.linkedin.com/company/refinemedium/

Reddit: https://old.reddit.com/r/RefineMedium/

Telegram (Grup): https://t.me/joinchat/Gd45-BKEzwRk9YsbmDmgcg

Telegram(Kanal): https://t.me/refinemedium

Youtube: https://www.youtube.com/c/refinemedium

Medium: https://medium.com/refineupdate

Author: johnthedon

BitcoinTalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1860087