Ico Start Date: 01-Mar-18
Ico End Date: 30-Apr-18
The global video streaming software market size is expected to grow from USD 3.25 Billion in 2017 to USD 7.50 Billion by 2022. Transcodium aims to provide the first peer-to-peer blockchain based and decentralized media transcoding, editing and distribution platform with high quality and reliable computational power at a very affordable price.Platform
Transcodium aims to provide the first peer-to-peer decentralized file editing, transcoding and distribution platform with high quality and reliable computational power at a very affordable price. This will create a global market for users, willing to rent their idle machines to be used as workers. Further, at the end of the processing, the worker (processor) will be rewarded with the TNS Tokens. Problems with Cloud Transcoding
First Cloud version of platform created
- Decision to adopt blockchain & Decentralized technology over centralized cloud - Research & Analysis into the blockchain & Decentralization technology - Drafting of white paper
- Company Registration & Legal Processing Commenced in UK
- Token Pre Sale - Public ICO starts - Development of wallet (with built in exchange and miner) for major platforms (Android, Windows & Linux) - Development of master node application for major platforms
- First beta testing of platform & the provision of fully paid premium accounts for investors,token holders, brands, startup to try the platform for 1 month. - Production commence for the platform
So, just a question, Is a correct use of blokchain or... just for money?
It really isn't clear to me why this needs to be on the blockchain and the argument of 1/3 comparable pricing only applies if workers sign up to do processing. Shouldn't there actually be a competitive market optimizing time to process and price? I'm also not seeing team members who are going to help market, get partners using it, or get it integrated into other products as a rendering service. As with other transcoding and data processing services there are issues around privacy - a remote machine can't do transcoding without access to raw unencrypted data. There is some code on Github but it is mostly contracts and a wallet app.
Strong team! Good luck guys!
Nice idea, one to keep an eye on for sure
Many ICOs are internet plays in disguise. This one actually passes the blockchain use test and is a feasible dApp. However the success of the project will depend on the team and I use strict standards to grade ICOs based on having members on the team that come from reputable highly regarded international companies where they played key roles. None of the key members on the team meet that criteria.
It looks like a general ICO with similarities of other project that you can use others capacity to earn their TOKEN by renting your power for video processing or any other type of processing of that kind. The team looks great, the vision and product, in my personal opinion is that they have to market it very well to really stand-off from other similar projects.
Brilliant idea for Blockchain application. Team lacks experience and depth. I will watch this ICO closely.
Good team! Interesting idea.
Needs to strengthen team and product development but has potential