Nowadays everyone is involved in social networking, day by day our lives start to integrate a new kind of society and our digital self takes form. Besides the well known privacy and security holes that plague existing social networks, there are lacks that start to grow bigger as the evolution of society demands for a new digital networking experience, as creators and viewers/readers cry out for a fair and transparent system.

Refine Medium consists in a decentralized media platform that renders authentic and high quality video content. They have built it on top of the solid Ethereum blockchain leveraging the smart contract technology to interlink viewers and creators.

The whole structure is built aiming to progressively refine the content and help creators to evolve, and in turn, viewers get a better experience.

The presented features promise to put a lot of distance between them and the current video platforms. The combination of the right structure, focus on the user and the trust and immutability allowed by blockchain tech, can in fact setup a great platform.

Among other very interesting features, they offer improved video uploading time using the P2P network, including varying levels of privacy allowed by blockchain tech; all user data is decentralised in various nodes across the globe, and customers can control and monitor their own data; they focus in usability featuring a comprehensive dashboard, options to chat & socialize, forums, etc; they have a proprietary content discovery & suggestion algorithm that will be offering tailor made content to each user;

They have a refined governance structure in which a democratically elected moderator group will be in charge of addressing issues like content suitability, plagiarism, legal aspects, copyright etc. The structure allows equal revenue distribution among all the stakeholders, including the viewers.

So, for creators, there is a self-evolutionary path that is carved with blockchain transparency and a fair rewarding system, video creation, uploading, storage and diffusion is easy, safe, private if needed, and even video storage is decentralized…

For viewers you can expect to get an improved user experience, better quality content, and even some revenue.

Looking at their roadmap, pre-sale is almost here and MVP is about to get public. For 2nd quarter 2019 we can still expect the beta version launch as well as the main ICO announcement, so by the time we reach the ICO period, these guys will have a solid project background as well as a great market potential.

They’ll be implementing IPFS system for the upload of video files on the decentralized nodes and to stream video files in chunks to the client side. And this should be already working on the MVP.

Users of existing media platforms and social networks are becoming increasingly unhappy with their experience and the media giants seem to be lacking the flexibility and vision needed to evolve along with their users needs.

Refine Medium has put together a solid approach with a very good potential, leveraging blockchain to solve existing lacks on common persons daily needs and habits. If they stick to the plan and the beta version comes out according to schedule and showing a solid demonstration of this picture, there is a wide user base and a broad market waiting for them to conquer, and they’ll be on a good position…

user: dentolas

bountyhive.io/r/dentolas