Refine Medium raises the standard of video platforms worldwide

Fix Media is a decentralized video platform that provides high-quality content for its users. This platform is based on blockchain technology, which is designed to access viewers, writers, and other participant platforms to communicate with each other using smart contracts. Developers today offer the only platform that will give full freedom and, therefore, fair compensation for video content writers for their work and viewers to watch.

The internal economic system is created on the platform, based on the use of the Enhanced token token as the calculated currency. This will ensure a decentralized platform, which provides all the positive effects of such models, namely approval, security, protection against piracy and guarantees. This platform embodies the perfect combination of corporate spirit, technical innovation and a complete entertainment platform. The developer creates a product called "People's own platform", which means the owner of the platform will be all users.

For more information about this platform, visit https://refinemedium.com/

The problem

In the past few years, various media platforms have emerged, the main task of which was originally set up to generate income, which they certainly did very well. However, this market segment is very centralized and the rules of the game are set here by large monster companies, which independently determine the policy of use and are responsible for the distribution of cash flows. Here are some of the fundamental problems facing the online media industry today:

1. Creativity or business. Content creators have always been the main driving force in the entertainment media market. They are aware of this and want to receive a fair gift for their work. However, there are always times when the author wants to get more and for this he starts making more content, often sacrificing quality and material variations.

2. Offer to viewers of intangible content. Because of the large amount of content on the network, it is very difficult for users to find the right video. The lack of an adequate categorization system prevents easy and relevant searches.

3. There is no moderation in the content of decentralization. Recently, on existing platforms, there are many problems with copyright. The platform is full of beginners who want to immediately become stars and make money quickly. Therefore low quality and copy material from other participants. This forces the platform to create a system of moderating content that determines the original authorship of all clips.

4. Manipulation and illegal monetization of user data. In a rapidly growing industry, users become stand-alone products. User data is stolen, sold, and purchased. Constantly there are all new scandals about this topic.

The statement of the problem discussed shows that the future of online content providers is not very bright. Unfortunately, both writers and viewers are equally at risk. Only serious actions can reverse negative trends and drastically change the rules of the game. Fortunately, there are signs that the industry is still ready for quality transformation.

Solution

Videos uploaded to the Refine Medium platform will use IPFS, which allows you to save files on a distributed network without a central server or centralized management. IPFS is a peer-to-peer protocol where each node stores a set of hash files. Clients who want to access the saved file are directed to the database with a hash number, where instead of the search file for the hash number is done. The IPFS protocol then determines at which node the fragments of the requested file are stored and gives the client access to this file. Consider the basic functions that client platforms will use:

1. Storage and streaming. Original content (file or streaming) is broken down into small segments before being uploaded to the IPFS network. This allows you to optimally and evenly use all the nodes connected to the network without overloading one of them. Hash files are stored in manifest uploaded to the ethereum network.

2. Use of computing power networks. When a user watches a video on his device, a small amount of computing power will be used. The main part of the resource will be used to mine ethereum and gift points that provide their capacity to store content.

3. Using the browser cache. The Fix Platform will use the frazer cache to store user account information so you don't have to re-register after each session. This will also store some other information, such as videos that were previously viewed, to increase user interaction. Due to the decentralized nature of the platform, this data will not be synchronized elsewhere. Clearing the cache will result in the final deletion of the information.

The idea behind Refme (Refer me) is to choose content with the highest level of quality possible to upload it to the Medium Refine platform. The ability of the author is greatly enhanced through a mechanism that promotes content with a high ranking among users with high rankings. This happens through a special tab on the website platform and is one of the system's main tools.

Learn more from the whitepaper on the project site https://refinemedium.com/

ICO Details

Token: XRM Token
Platform: Ethereum
Type: ERC20
PreICO price: 1 XRM Token = 0.0008 ETH
Price in ICO: 0.0957 USD

Token allocation

For ICO: 1,500,000 50%
Presale: 30000000 10%
Private Sales: 15000000 5%
Team & Advisor: 15000000 5%
Community development: 45000000 15%
Airdrop & Bounties: 15000000 5%
Maintained: 15000000 5%
Frozen Team: 15000000 5%

Fund Distribution

Business Marketing & Development 25
Community Project & Development 30
Security 5
Reserve Core Activity 5
Operating costs 10
Legal Contingency Fund 5
Others & Unexpected 5
IT Hardware & Production Overhead 15
Perfect Medium Platform Model

Refine Medium raises the standard of video platforms worldwide and is a new blood for cryptocurrency.

Each and every stakeholder platform is valued, including viewers.

Decentralized video storage.

The mechanism for selecting and awarding inappropriate gifts.

Transparent token distribution through smart contracts.

The core team

Roadmap

2018

Quarter 3 (2018)

• Formation of ideas & concepts

• Market Suvrvey & Research

• Team formation

2018

4th Quarter (2018)

• Project planning

• Technical Scope Study

• Company & Domain Registration

2019

Quarter 1 (2019)

• Launch & Newsletter website

• Whitepaper disclosed

• Binding with technical experts & advisors

• Involve many communities

• Management of the Airdrop & Bounty system

2019

Quarter 2 (2019)

• ICO Announcement

• Media Awareness

• Launch of the beta

• Private Sales

• Pre Sales

2019

Quarter 3 (2019)

• Advanced Pre Sales

• ICO

• Gift bugs

• Events & Partnerships

2019

4th Quarter (2019)

• Register on active exchanges

• More trades that can be traded

• Diversification of funds collected

• Airdrop

2020

1st Quarter (2020)

• Dapp Launch Phase -1

• Search Engine Optimization

• Expand the use of Medium Purification through various platforms

• Expand the user base

2020

Quarter 2 (2020)

• Dapp -2 Launch Phase

• Launch Dapp Cellular Version

• Perfect a special Medium wallet

• Diversify our platform

• Make our own blockchain

Conclusion

Today, each of us can note that the tendency to create, broadcast and interact with content is undergoing major changes. Differences are everywhere: between print and digital media, video and sports games, wired and wireless internet, pay TV and free TV, social networks, and print media. Traditional studios and production offices that used to be monster markets are now difficult to compete with innovative and ambitious streaming providers such as Youtube, Netflix, Prime Video, and others. This phenomenal growth in online video content has led to a marked shift in power alignment in the media market.

While online and offline content providers are drawn to the struggle for viewers, viewers watch this process, constantly receiving bonuses from one competing party or another. And, of course, Refine Medium with its innovative platform will take an active part in controlling the market and will be able to win many users.

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