#Can the Theta Network (THETA) make money from video?
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Can the Theta Network (THETA) make money from video?ďżź
Can the Theta Network (THETA) make money from video?￟
The Theta Network (THETA) is a blockchain platform built as a content delivery mechanism for entertainment and media. The hope is that users can useâTheta to stream video and other content on any computer, mobile device, Smart TV, or Internet of Things (IoT) device. They claim some large companies including Alphabet (GOOG), Samsung, Sony, the Creative Artists Agency, Binance, Lionsgate, and MGMâŚ
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#Can the Theta Network (THETA) make money from video?#Digital Based Rights Management#Enterprise Validator Nodes#The Theta Metachain#Theta Fuel (TFUEL)#Theta Network (THETA)#Theta Smart Contracts#Theta Token (THETA)#Theta Video Technology#Turing-Complete Smart Contracts.#What Value does the Theta Network (THETA) offer?
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PREPARE FOR CRYPTOâS INSANE NEXT MOVE! ITâS GETTING VERY CRAZY FOR ALTCOINS RIGHT NOW! NFT DeFi News
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Can the Theta Network (THETA) make money from video?
Can the Theta Network (THETA) make money from video?
The Theta Network (THETA) is trying to to build a decentralized peer-to-peer video delivery system on a new native blockchain. The hope at Theta is to deliver quality videos streams at lower costs by increasing video delivery bandwidth. They hope to increase the bandwidth by paying users to give their excess bandwidth to the Theta network. The ultimate goal of the Theta Network is to deliverâŚ
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#Can the Theta Network (THETA) make money from video?#How Much Money could the Theta Network make?#The Theta Blockchain#The Theta Metachain#Theta is an End-to-End Platform#Theta Network (THETA)#Theta Network Technology#What Value does Theta Network Offer?
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New Post has been published on https://cryptomoonity.com/elastos-partners-with-wefilmchain/
Elastos Partners With WeFilmChain
Elastos Partners With WeFilmChain
Elastos is pleased to formally announce our official partnership with WeFilmChain. WeFilmChain empowers filmmakers and video content creators to modernize their industry through the use of blockchain technology.
WeFilmChainâs platform is designed to solve major pain points in the film industry concerning the funding, management and delivery of content. The current filmmaking processes are costly, time-consuming and stressful, with legal arrangements and accounting mechanisms being two of the main issues. Also, specialized fundraising platforms are currently scarce for the film industry and content creators do not have an accessible way to monetize their content without a third party. WeFilmChain provides a full suite of services to help talented filmmakers realize their goals and make films for the 21st century.
By using smart contracts, the platform protects the interests of all parties involved and increases collaboration between them. It also makes sure all the financial resources are allocated to the filmmaking process by cutting costs and controlling the flow of capital. On WeFilmChain, anyone can crowdfund movies of all types and sizes by connecting with investors worldwide transparently and securely. Micro-budget filmmakers, mid-size independent films and studio films are all able to benefit from this solution. The platform also integrates other features like: VOD/streaming, online training and film marketing among other features.
Elastos is the ideal platform for WeFilmChain to build on because it can guarantee end-to-end security for its users. Using the Elastos Runtime, digital assets rights and data can be executed and transferred in a sandboxed environment. All of the video contents of WeFilmChain will be stored in a decentralized manner using IPFS, preventing any risk of hacking. WeFilmChain will also benefit from our secure DID system, provided by the Elastos DID sidechain that is merged-mined with Bitcoin. Movies on the WeFilmChain platform will be authenticated and exchanged seamlessly on the Elastos network.
Before signing an official partnership, Elastos and WeFilmChain organized a conference in Vancouver on July 9th to present their cooperative blockchain initiative.
To build their platform and revolutionize the film and entertainment industry, WeFilmChain plans to integrate the Elastos technology such as our blockchain functions, Elastos Carrier and ID sidechain functions. The completely decentralized architecture of Elastos enables WeFilmChain to create a next generation solution for content producers and consumers. WeFilmChainâs VOD DApp utilizes the Elastos Carrier for high-speed data transmission between smartphones users. Any content on the platform has unique registered copies under the form of digital capsules in the Elastos ecosystem, allowing creators to fully control their IP rights.
By joining their unique technologies, Elastos and WeFilmChain can better realize the vision and potential of both systems, and achieve a seamless opportunity that benefits all users.
-Feng Han
The CEO of WeFilmChain, Garnet Campbell, presented at the One Year Anniversary Event on August 25th in Thailand. He expressed his enthusiasm for collaborating with Elastos saying, âThis summer, we had a visit from a special guest, (Feng) Han came. When he heard our presentation, he said âI want to share something with you I think youâll like,â and he started to tell us about Elastos. It was exactly what we were looking for, a way to register our digital assets, our movies on the blockchain and suddenly our vision became a lot clearer because of his visit. If we can use this technology to help people get credit, help them to get paid, help make the money move, if we can do that, we will be their superheroes.â
WeFilmChain has already partnered with strategic organizations like Wonderfilm which is producing 10 movies this year including Moose with John Travolta. Elastos is looking forward to support the development of WeFilmChain, a game-changing platform for video content creators.
The post Elastos Partners With WeFilmChain appeared first on ELA NEWS.
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Video tutorial Streamers Volume of Options with your New Blockchain Startups
Ground breaking technology online businesses are leveraging blockchain technology to generate next-generation internet business models plus Content Sending Networks (CDNs) for video clip streaming, some sort of multibillion-dollar marketplace that rising. According to facts revealed simply by Theta Amenities, one of the providers covered underneath, the video information and internet streaming market is answerable to 67 per-cent of present-day internet website traffic and could accomplish 82 percentage by 2020. The new competitors promise to be able to decentralize world wide video internet, while at the same time allowing it to be more efficient.
LBRY According to Jeremy Kauffman, co-founder and BOSS of the blockchain-based content submitting platform LBRY, blockchain technological know-how could renovate the monetization of on the web content by simply altering like creators generate money, and eventually task YouTube.
Often the LBRY standard protocol allows designers to publish on the net, making all their content discoverable with a compact payment with LBRYâs private cryptocurrency small. Viewers give creators around LBRY as well to see their whole work.
â[Blockchain technology] we can build systems thatâs managed by the end users rather than all of these party, â Kauffman reported. âThatâs the trouble that blockchain [technology] handles. â
Kauffman explained this under the LBRY model, inventors are settled without an intermediary taking a strong inappropriately substantial cut. Considering LBRY is usually a protocol, the manufacturer canât deal with what may get discovered.
Kauffman said that LBRY recruited five, 000 YouTubers in precisely targeted demographics, several of that create 500, 000 or more prospects, which appears to be a good very first step toward quite a job YouTube inside own ĂŠpreuve.
Theta System YouTubeâs co-founder Steve Chen himself, and Justin Brukar, co-founder regarding Twitch, will be among the analysts of Theta Labs, a new subsidiary involving live online video streaming corporation SLIVER. tv for pc, which is promoting a new blockchain-based decentralized videos streaming network.
âThetaâs innovation is determined to cut off todayâs internet video field much such as that the Facebook platform would to common video which wanted to 2005, â said Chen. âOne your biggest obstacles had been positive aspects costs connected with delivering video tutorial to various aspects of the world, this problem is exclusively getting even larger with HIGH, 4K and also higher quality video clip streams. Ahead of excited to generally be part of the upcoming evolution of your streaming room or space, helping Theta create a decentralized peer-to-peer community that can deliver improved online video delivery during lower costs. â
Theta can be developing a brand-new blockchain-based networking, outlined inside the Theta white colored paper, which might enable clients worldwide by using unutilized COMPUTER SYSTEM bandwidth along with resources for you to cache in addition to relay videos streams to help others from the network, though mining Theta tokens also, similar to Bitcoin and Ethereum. According to the provider, the new peer-to-peer decentralized multilevel will allow for additional efficient, professional streaming with the necessity to develop highly-priced content distribution network system.
In December, Theta will use its primary generation with ERC20-compliant also on the SLIVER. tv podium. These applying it tokens work extremely well for exclusive gifting plus incentivizing decorations. Eventually, most of these ERC20 as well will be you: 1 changeable for originaire Theta also when the completely new blockchain begins at the end of 2018.
âWeâve really been on the really advanced of popular technology, and also leveraging blockchain [technology] heading to truly be capable to transform it and fun industry, â said Mitch Liu, co-founder and CHIEF EXECUTIVE OFFICER of Theta Labs. âTheta will be slightly built to leveraging the incentive things of the blockchain, enabling clients to chip in their unwanted PC bandwidth and information to communicate video water ways to people and receive Theta as well at the same time. A win-win for any stakeholders inside ecosystem.
âWeâre committed to fixing the complications of today, video communicate industry, â Liu instructed Bitcoin Newspaper. âWe imagine thereâs a tremendous opportunity to democratize the video supply infrastructure, that will reward computer users with too much PC means and bandwidth to help approach to their others who live nearby and associates. â
âI think the exact Theta party is going to change video sending with its innovative native blockchain, â Theta advisor and also G POWER CEO Steep ledge Morgan shared with Bitcoin Paper. âIâm stirred to be element of this ground breaking, organic base to decentralize streaming. It will impact quite a few industries out of esports to be able to advertising, reaping benefits for our esports fans together with influencers along with content builders. I can observe Thetaâs peer-to-peer mesh market will authorize our F FUEL online community, rewarding regarding Theta also when they assistance stream for you to others during the network. â
Stream One other new video tutorial platform, Steady stream, has received $5 million to help back a Ethereum-based Steady flow Token with an advisor circle of paying for led by means of blockchain financial commitment firms as well as Pantera Cash, Fenbushi Investment capital and CoinFund, as well as particular person participants including Jed McCaleb, David Johnston and Phil Yashchuk.
Established by Tom Yu, Mode wants to help in direct ventures between material creators in addition to consumers by using a zero-fee shape. Yu must have been a successful quick cryptocurrency opportunist who has become an internet super star with video lessons that been given tens of lots of views. In 2011 and probably still in 2012, Yu quit his scientific tests at Harvard and recognised a $1000, 000 Thiel Fellowship, for instance Ethereum designer Vitalik Buterin before them, eventually firing Sprayable plus Stream.
The exact Stream Expression was designed to allow for digital multimedia creators that will earn a good living using their company work, without becoming exploited by way of streaming operating systems that carry unreasonably sizeable shares within their revenue. Also, it is designed to absolutely free content game designers from the strictures of marketing and advertising models of which limit resourcefulness and mobility of reflection.
âStream Small is perhaps the larger The bay area movement in order to meet the original motive of the world-wide-web: universal having access to information. We will finally compensate those who promote information while not curtailing overall flexibility of concept. Content creation will not have to be your zero cost game, â said Greg Kufera, CTO of Approach. âAnd we are ensuring them wonât often be. â
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These 3 Web Giants Might Embrace the Blockchain Technology
These 3 Web Giants Might Embrace the Blockchain Technology
The web revolution has changed many things in our lives, and with the mushrooming of online establishments, people are able to do what was impossible before the internet era. With the introduction of the blockchain technology, the internet is poised to get even better.
Today, we depend on web masters to get access to various online stuff such as shopping and entertainment. However, blockchain enthusiasts believe that decentralization could improve web experience greatly, especially at the individual level. If the web giants adopt the blockchain concept of decentralization, it will lead to a completely new platform.
Current Situation
The current web platform operates as one entity, with a site and its database combined. In a decentralized situation, the database will not belong to its creators. Instead, it will belong to a community, which can come up with multiple business models in addition to the database.
If the blockchain technology was available from the beginning of the internet era, it would be possible to create social media profiles as early as 2003, when Friendster was available. Even with the coming along of MySpace, it would not be necessary to create a new profile. Instead, users would just give MySpace, Facebook, or any other social media site, the permission to access the account they had already created on Friendster.
Obviously, every new account would bring in new features and ways of interacting, but as a user, you would not need to start over, which could lead to loss of friends from other sites or content created on previous sites. With such advantages at stake in the current web platform, entrepreneurs and various investors agree that the blockchain technology can bring a complete turnover through decentralization.
Web â3.0â is looming
Entrepreneurs and investors can commit capital to a decentralized web platform through ICOs and traditional venture capital. ICOs provide a new dimension of fundraising for blockchain startups. It is also a tool for users to interact with the distributed networks. These possibilities point to the growth of a new web version. With this in mind, the following web giants may have to adopt the blockchain technology to allow startups to get a market share through crypto tokens.
eBay
eBay is one of the major e-commerce outlets. In the early days of the web, other sites also existed, which offered specific products such as comic books, on which sellers could sell directly to buyers without involving a third party. Focused marketplaces often strive to provide the best customer experience as part of their customer-client relationship. Even so, eBay, with its wide array of multiple products, proved that wrong.
eBay made it possible to sell both comic books and bicycle parts together on one site, with the idea that a customer might come for one and end up with both products. In addition, it would be easier for buyers to remember one site with different products than to remember different platforms offering different products.
While you cannot stop a seller from putting a product on both a specialized and a general site like eBay, it calls for complicated software to ensure that one product is not sold twice. That was one of the drawbacks of eBay.
The Blockchain intervention
Imagine a situation in which customers have both products on the same database. In that situation, the comic books and the other products would co-exist on one database, but with different websites built around them. This could lead to lead to product listing in various marketplaces. If a product sells in one marketplace, all other marketplaces would register it as sold.
That is what blockchain technology can achieve for major e-commerce outlets such as eBay or Amazon. One company, Listia, is already experimenting with a decentralized version of eBay, using what they call Ink Protocol.
The Ink Protocol
âInk Protocolâs vision is to decentralize peer-to-peer marketplaces, taking the power away from the companies that run them and giving it back to the buyers and sellers. As a result, more value is distributed back to the actual user,â says Gee Chuang, the CEO of Listia.
To establish this system, Listia aims to release 15 million-dollar worth of crypto tokens to the market, from January 29, 2018. The company will also reward early users of its present marketplace where users already earn tokens based on their peer-to-peer trading. When the blockchain network launches, the credits will convert into crypto tokens.
According to Chuang, a decentralized marketplace brings many benefits. âSellers in decentralized marketplaces have the freedom to use any platform they like at any time while bringing that hard-earned reputation with them everywhere they go.â
YouTube
YouTube is the primary platform for sharing and searching for video content. While it is a great resource for both aspiring and existing content creators, there is a growing tension between the creators and the administrators. Content creators on YouTube suffer because the administrators of the platform reduce the revenue share with the original creators. Besides, they use automation to pull advertisements at their discretion. At the same time, consumers complain about the site having too many advertisements in general.
How will decentralization help?
With the establishment of the blockchain technology, many upcoming startups believe that decentralization will enable a seamless interaction between the content creators and their audiences, by utilizing crypto tokens. In addition, users will explore various choices of making money from their attention such as viewing the ads, offering personal information, or contributing part of their computing power to operate the network.
According to Adrian Garelik, CEO of Flixxo, âBittorrentâwith more than 250 million users worldwideâhas been proven to be capable of delivering good quality content in a decentralized and compelling manner.â Flixxo completed its ICO in November 2017.
Since its release in 2001, Bittorrent operates by connecting users to copies of content available in other peopleâs devices, instead of a centralized server network. Besides, Garelik foresees making the torrent network more vigorous by rewarding content hosts through cryptocurrency.
âBy creating this incentivized network, any kind of content could be distributed in a peer-to-peer fashion, with a lot of monetization possibilities,â says Garelik.
Peer-to-peer transaction system
In a similar way, the creators of Flixxo believe that the initiation of an effective peer-to-peer transaction system could make the file-sharing platforms more useful. A good number of blockchain-based startups, including Stream, Theta, and Livepeer hold the same thought. Each of the companies has its own token and seeks to decentralize the file-sharing system.
Moreover, thatâs not all. Many more players at each level of the online video stack continue to appear. According to a blog post of a decentralized video company, Paratii, âWhat we see forming is not a single pyramidal stack, where the choice of one piece of tech inevitably âdisablesâ another. Rather, what we have are protocol silos, with more or less interoperable layers.â
Apple Music
Another web giant that might join the blockchain network is the Apple Music. Have you ever realized that it takes months probably years to purchase and download your perfect soundtrack?
Think of a piece of music that gets your heart racing in the gym or refreshes you after a long dayâs work. The taste is special, right? Well, the same tastes are equally important to the controllers of online music marketplaces such as Apple Music. When users participate in such marketplaces, they create their own intellectual property through playlists, following their favorite artists, and by flagging their favorite songs. Since the data is so profitable to the marketplaces, the controllers make it difficult to transfer the preferences to another site.
How will blockchain technology solve this?
âWe are being locked into these systems controlled by corporate giants,â says Jesse Grushack, from Ujo. Many startups other than Ujo (a blockchain-based music supply-chain provider), share the same thought. A good number of blockchain-based companies now aim to disrupt various layers of the online music industry. One example is Viberate, which already seeks to replace music agents with smart contracts.
Many more mainstream companies are warming up to the blockchain technology and cryptocurrency, owing to the benefits involved. In November 2017, Icelandic singer Bjork declared that she would accept four different virtual currencies for her forthcoming album. In the same way, a former Universal Music Group manager raised $1.2 million last October to fund Blokur, a music-rights management system operating on the Ethereum blockchain.
Even though many of these platforms have not declared their crypto token sales, Grushack did admit that Ujo might announce a token sale soon. Presently, Ujo focuses on the concept of a âportable fan badge.â
The âportable fan badgeâ concept
This token-like tool links identity to data such that fans can port what musicians, songs, and genres they like across multiple types of marketplaces. Grushack says that the system enables the musician to know the fan as a person and in the process market to them directly.
In addition, the portable fan badge makes it easier for an unlimited number of parties to share rights of say, one song, in which each participating musician gets a share based on their contribution. This can take place even in the current music business, but the process requires a number of intermediaries that would erode all the benefits the artists would get.
According to Grushack, Right now Apple is in the process of phasing out purchases for music, so that leaves us in a scenario where everything we consume is a rental modelâŚIf we did transition back into a system in which we bought music, being able to own that music and relationship regardless of the platform is something blockchain enables.â
In view of the unfolding benefits of the blockchain technology and cryptocurrency, web giants will have to consider embracing the technology of the day.
Images courtesy of Unsplash and Shutterstock
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At BuzzFeed, a Pivot to Movies and Television
New Post has been published on http://usnewsaggregator.com/at-buzzfeed-a-pivot-to-movies-and-television/
At BuzzFeed, a Pivot to Movies and Television
Mr. Henickâs team is also working with Smokehouse Pictures, a production company run by George Clooney and Grant Heslov, to develop a movie based on a BuzzFeed News investigation into assassinations that may be linked to the Kremlin.
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Other projects include a series for the NBCUniversal cable network Oxygen that is based on an article about the gruesome death of Jessica Chambers, a teenager who was burned alive in Mississippi, and an adaptation of the online cooking show âMom vs. Chefâ for USA, another NBC cable network.
Mr. Henick grew up in Great Neck, N.Y., and spent his childhood riding forklifts around his fatherâs floor-covering business at a warehouse in Brooklynâs Williamsburg neighborhood that has since been converted into an apartment building. His interest in media and technology began early.
When he was 14, he and his best friend created an MP3 website that drew a cease-and-desist letter from the Recording Industry Association of America because it hosted the âTitanicâ soundtrack.
Several years later, Mr. Henick and his friend started one of the first ringtone sites in the United States. They bought the domain name NokiaUSA.net in the hope that Nokia customers would stumble on their site. Nokia was not pleased â it served the teenagers a cease-and-desist letter in the halls of their high school, after which they changed the companyâs name to MobileSmarts. The business, Mr. Henick said, made a lot of money, although he wouldnât specify how much.
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Jim Parsons, right, with Kunal Nayyar on âThe Big Bang Theory,â has been signed to star in a BuzzFeed movie inspired by a search for a lost cellphone in China. Credit Monty Brinton/CBS
âHeâs an entrepreneur who knows how to build new things and new companies,â Jonah Peretti, the founder and chief executive of BuzzFeed, said in an interview. âIâm always amazed at the way heâs able to switch between these different models in his head and see the same things through a totally different lens.â
Mr. Henickâs experience as a teenage ringtone magnate gave him the idea to go west for college. âI was sort of already on that trajectory of wanting to head at least somewhere close to Silicon Valley, to figure out what was going on there,â he said.
He enrolled at Stanford, where he wrote for the campus humor magazine and played bass in a band called North of Cuba with his Theta Delta Chi fraternity brothers. After graduating with a degree in science, technology and society, he stayed at Stanford another year, earning a masterâs in digital media studies, which he now calls âcompletely useless.â
âThe professor would want to talk to us about LiveJournal and Myspace to a certain extent, and the students in the class would raise their hand and say, âWell, what do you think about Facebook?ââ Mr. Henick said. âAnd they didnât even know about it.â
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From there, Mr. Henick studied producing at the University of Southern Californiaâs film school in Los Angeles. During summer break, he attended a talk at the Skirball Cultural Center by the comedy producer Judd Apatow.
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Tiffany Lo, who helped start BuzzFeedâs food division, Tasty, making a chicken dish for a video. Credit Melissa Lyttle for The New York Times
âI just went up to him and told him as much of my story as I could,â Mr. Henick said. âWe were both from Long Island, both went to U.S.C., and I was looking for a gig.â
Mr. Apatow brought him on as an intern before hiring him as an assistant, so Mr. Henick spent his second year at U.S.C. balancing classes with reading scripts and checking out sets. After graduation, he worked on movies like âForgetting Sarah Marshallâ and âStep Brothersâ before going out on his own as a writer, script doctor and start-up consultant.
Along the way, he and Ms. Killoch, who met at U.S.C., started a clothing company. They also got married.
âI clearly get bored very easily, because I do too many things,â Mr. Henick said. âI was literally sitting in my apartment writing movies, doing all right â thatâs sort of the dream for some people â and I was like, âWhat else can I be doing?ââ
Before Mr. Henick started at BuzzFeed, he was worried that he might end up restless yet again. But so far, he said, âI havenât been bored once.â
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Before going out on his own as a writer, script doctor and start-up consultant, Mr. Henick was an assistant for the comedy producer Judd Apatow. Credit David Walter Banks for The New York Times
When he joined three years ago, Tasty, the siteâs popular food division, did not exist, and the company had yet to secure funding from NBCUniversal, which has since plowed in $400 million.
During Mr. Henickâs tenure, many digital media companies that once raked in millions of investment dollars found themselves struggling. A so-called pivot to video â a term sometimes used to cover layoffs of text-oriented staff members â swept the industry. Increasingly wary of the outsize influence of Facebook and Google â and hoping to siphon away some of the billions of advertising dollars still devoted to television â new media companies rediscovered old media, setting off a race into TV and film.
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Cue Mr. Henick.
His mission is to help diversify BuzzFeedâs revenue stream: Executives expect that partnerships with production studios may bring in a third of the companyâs revenue in the coming years.
Since it was founded in 2006, BuzzFeed, which is now valued at about $1.7 billion, has anticipated trends in the media business. Its move into the entertainment industry could be viewed as prescient â but the company is also said to be pursuing an initial public offering of stock, and associating itself with a glamorous business may have the side benefit of attracting investors and bolstering valuations.
âI donât think we do anything specifically for that reason, but itâs always a byproduct,â Mr. Henick said. âIf our business is stronger and itâs growing exponentially because we keep finding brand-new businesses to get into, itâs going to allow us to hopefully go public or invest in a lot more stuff elsewhere in the company.â
During a weekly check-in meeting at the old BuzzFeed lot on Sunset Boulevard, Mr. Henick swiveled around on his desk chair, a hand under his chin. He wore jeans, a light blue button-down and retro Air Jordan sneakers. Staff members talked about projects or possible deals with Netflix, MTV and Facebook.
The talk turned to a recent article about the right-wing website Breitbart and one of its former star employees, the rabble-rouser Milo Yiannopoulos. Did anyone see a film opportunity there? Someone suggested the Oscar-winning screenwriter Aaron Sorkin.
Mr. Henickâs eyes sparkled.
âI would retire out on top,â he said, âif we could get Sorkin to write it.â
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