Review of ICO Transcodium.
The Transcodium project is the first of its kind platform that produces decentralized peer-to-peer editing of media files, their transcoding and distribution.
This project is aimed at providing the world's first cross-coding platform, fixing and distributing media files, having a foundation based on peers and block changers with perfect quality and confident computing power, while the cost is quite affordable.
In this regard, this project will create broad horizons in the user market.
Transcodium received its birth in 2015 with a visual cloud transcoding and media editing platform, but due to high competition, the project could not be further developed. In 2016, this project was reborn, but with the use of Blockchain and decentralization. This time the Transcodium network has become completely automated.
In simple terms, today Transcodium is a change system that will update the format from one file to the desired one.
Before your social networking site, site and so on, make the video publicly available to you, they need to convert this video to other formats, so that it can be supported on other devices: phones, tablets, telesystem, etc.
Some video files because of a bad connection via the Internet can not be played, in these cases they also need to be converted into the most basic format for reading.
Workers here will be unoccupied devices that are waiting for the processing of the recoding request, and the initiators are the network users, for reformatting the files in a different format.
The transcoded platform will be convenient for use, and also inexpensive cost, in comparison with the market price for today.
Transcodium will make it possible to convert a multimedia file, dividing it into small pieces, then it will be encoded, compressed and sent for processing. Since each file will weigh a little, the speed of processing and data transfer will be increased several times, so even smartphones will easily read these files.
Once the task is completed in a given period, the participant will receive a reward in tokens that can be freely exchanged for fiat money.
Transcoding will also process other multimedia files, except video, and audio. The use of an intellectual contract will allow you to be sure of the transparency in the network, vital information such as the duration of the file, the amount for which the initiator was credited and the amount paid to employees will be included in the general book.
Our customers and employees at any time of the day can check how much was charged or paid for a specific task on the network.
In order to achieve more decentralized consent and understanding, the Transcodium network uses a collaborative type proof algorithm, where workers are selected in an involuntary manner based on their fullness and age of the account. This helps in the selection of employees with computational power at a high level, which saves time and money.
Workers are passive devices that are responsible for processing data on the network. Any device with a connection to the World Wide Web and capable of installing our application, can be a member. An employee can earn more rewards if he has higher specifications in his arsenal, such as multi-core devices or devices based on a GPU.
Conditions of ICO.
Abbreviation - TNS
Standard token - ERC-20
Number of tokens - 120 000 000 TNS
Sold for sale- 86 400 000 TNS
Payment method - BTC, ETH, LTC, BCH
SOFT CAP: $ 500,000
HARD CAP: $ 30,000,000
EACH TOKEN OFFERS THE FOLLOWING RIGHTS TO ITS HOLDER:
1. Right to Transaction. Any token owner has the right to send or receive tokens between themselves. Tokens can also be sent to a third party for a supported purse created on the network.
2. Right to services. Any token owner is entitled to receive the services that the company provides for the token, such as transcoding files and distributing files, etc.
Transcodium aims to use the funds received during the sale of TNS tokens for the future perfection of the project, payment of salaries and forthcoming expenses.
Now there is a third stage of the sale, while there is an opportunity to buy a crypto currency with a good discount.
I want to emphasize an important point. One of the consultants is a person with high credibility in the world of crypto-currencies. John McAfee
All the important information can be found here:
Website:
Whitepaper:
Telegram:
Facebook:
Regards,
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