Transcodium - Platform Media Editing Directly, Transcoding
Since the emergence and development of cloud technology in the world, the transcoding industry has been growing at a very large scale and also rapidly. With these developments, big and well-known companies in the industry such as Netflix, Amazon Prime, Vimeo, Youtube, and e.t.c, transcribed terabytes of data every day, invested a large amount of their revenue on convertible media files. Looking at the current development of the transcoding industry can be a reference or prediction that by 2019 the transcoding market will grow by 15 percent CAGR globally, and will grow over the next few years.
Transcodium will provide API, Console and GUI Application for customers to help with fast transcoding process. On the transcodium platform any user who makes a request for traskoding will be given an estimate of the charges to be charged, once the user accepts the fee the user shall transfer the approved fee to start the process.
The purpose of the project
Transcodium's goal is to create a cutting-edge, proprietary peer-to-peer platform for editing, converting and transferring multimedia files based on high-tech block technology with sufficient processing power at a very affordable price. This will create a global market for users who want to rent out their idle devices, which will be used as workstations (miners). Then, once processed, the workstation will be rewarded with TNS tokens, which can be redeemed for any currency or sold to customers who require the token to be used on our platform.
Project benefits
Transcodium is designed to provide the first peer-to-peer decentralized file for reliable and reliable computing, transcoding and distribution platforms at a very affordable price. This will create a global market for users who want to lower their idle machines used as workers. Furthermore, at the end of processing, the worker (processor) will get the TNS token.
Our company already has the transcoding of existing products, our plan is to change the platform for blockcheyn and decentralized technology, which will enable to provide transcoding services, but at a much lower price. This can only be achieved by improving the team, which requires a lot of money.
PROOF OF OWNERSHIP
To achieve a better decentralized consensus, the Transcodium network uses a type of proprietary evidence algorithm in which workers are randomly selected based on their portfolio and account age. It helps in selecting workers with a quality processing power that saves time and money.
PROOF OF CONVERSION
Evidence of the conversion between the central node and the worker states that, an employee must complete his duties within the given time, during processing the data, the worker sends the developments to the method, the worker must process the data completely before the deadline on the assignment mark will be canceled or inactive and will pay other workers who are preparing to take over.
the workings of this project
With the advent of cloud technology, transcoding has grown on a very large scale. We are well known companies like Netflix and Amazon Premier, on Vimeo, YouTube, and others, who change terabytes of data every day, investing huge amount of their revenue to convert media files. The report also predicts that by 2019, the transcoding market will grow an average of 15% in the world, reflecting the enormous scope of prosperity.
Details of ICO
Pre-ICO: 07.01-28.02.2018
ICO: 01.03-07.04.2018
Token: TNS
Course: 1 TNS = $ 0.376
Total token: 120,000,000
Will be sold on ICO: 86.4 million
Accept: BTC, ETH, LTC
Minimum goal: $ 500,000
Maximum goal: $ 30,000,000
Minimum investment: 10 TNS
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