Cryptocurrency is on the road to revolutionizing this world and doing wonders every day. The technology associated with it ‘Blockchain’ has been appreciated all over the world. Blockchain and Cryptocurrency have taken the world with a storm, it all started back in 2009 when an anonymous guy named as ‘Satoshi Nakamoto’ developed first cryptocurrency named as ‘Bitcoin’. It was developed with the basic aim to do transactions from one account to another account without the hindrance of the third person. Later on, blockchain was associated with it and this technology has revolutionized the world. Ventures are coming up from different countries to utilize this technology for a better purpose; from buying grocery to cars, everything can be done through cryptocurrency and blockchain.

But have you imagined watching and streaming your favorite videos on Blockchain technology by using your cryptocurrency? It looks pretty interesting. Well, who doesn’t want to use blockchain? It’s highly secure, decentralized and useful. That’s why Monvid came with the concept of using Blockchain technology in video streaming to make videos and content available in every country without the hindrance of anyone.

Monvid is a video streaming platform which is based on Blockchain technology. Use cases of Blockchain are pretty interesting and it has been making things useful. Video streaming is something that every person is fond of. I mean who doesn’t love watching cool videos or movies? I guess everyone is fond of watching videos but the choice could be different. Monvid solves a great problem, as there are restrictions and censorships in different countries which doesn’t allow users to watch some specific content. Monvid provides ‘Blockchain’ technology, which helps you bypass all the restrictions and censorships to watch content in any part of the world. The content creator can upload the videos for everyone to watch for free and the viewer has the option to reward the creator with some MVID (Monvid Tokens). This makes the streaming highly transparent, secure, flexible and private. Monvid also provides a function in which a user from a different country can watch content from another country without any restriction.

Monvid solves a major problem in video streaming market. It comes with Blockchain technology that makes it decentralized and secured. It will change the monetization experience as the videos will be advertisement free. One can watch videos without advertisers. If a user like some content, then he can reward the video creator with some MVID. Moreover, an estimated 2 billion working-age adults do not have a credit card or bank account and many video streaming platforms accept payment through credit card, PayPal or gift cards. The user ends up buying or downloading pirated movies, but Monvid provides them a platform where they can top up their digital wallets and pay through cryptocurrency. All of these things; Decentralization, Privacy, Cost efficiency, Ownership of content, Crypto Payment and No advertisement facility makes Monvid different and unique from YouTube, Netflix, Amazon Prime or Sky.

Monvid is a blockchain based platform which means to store packets of the substance of the blockchain which is strongly encoded and can’t be controlled by any office or government. The application will be decentralized and the substance will be put away on in excess of one server, so as opposed to being served by one local server, the client gets served by the closest server near them, in this way empowering them to sidestep all restrictions and censorships.

The web speed isn’t the same in all nations. On the off chance that we take a gander at an immature nation we can see there are issues with the web speed and not every person in that nation can get to stages like YouTube or Netflix effortlessly from inside the nation on the grounds that the principal server of those stages is outside of the nation and this is making a gigantic distinction in the inactivity. Monvid is building an internal CDN service on blockchain to cater this problem. Where people from different countries can host movies and videos to give content to underdeveloped countries. This is amazing as it also provides opportunities to earn some extra bucks for the host.

Monvid’ ICO is going on and it will end on 31st August. Its pre-sale ended a couple of days ago and it did amazingly well by selling 22M tokens. Investors are intrigued in investing one of its kind project which will change the video monetization and streaming experience. It’s a big market as everyone is fond of watching videos. A total of 200M tokens will be generated and out of 200M, only 70% will be available for sale and rest are reserved for the team, bounty programs, marketing and the development of the project. Unsold tokens will be burned. It’s ERC20 based token which is the most used token in every ICO. MVID is priced to $0.05 — $0.10 for the ICO, and will be listed on exchanges with the latest price of it which would be $0.10 per Token. The Monvid ICO is already doing good in ICO as 47% of the tokens are sold and still, there are 85 days for ICO to end. This is a unique concept and there is no doubt in it that people are following this trend on social platforms and investors are participating in its ICO.