
On.Live is all about being on live. It is being online plus being on stream. It is expected to revolutionize the video broadcasting. It will transform the video consultations scene as we know it. What this pretty blockchain project does is, it complete decentralizes and creates a peer to peer network. They are planning to work with incredible democratization quotient. Anyone with bandwidth and processing power to give is a player in this market. These contributions follow incentives with help from blockchain technology. The reason why we are interested in this project is obviously for their ICO announcement. Some use cases of this project can help you in understanding the proposed platform.
On.Live is a subscription based service, similar to likes of Netflix. Customers pay a monthly premium and gets access to buffer ready live content and library of videos. The subscription model is the key to ensuring profits in the long run. The platform has options to receive donations and tips during broadcasts. During individual line session, customers can tip something extra for the provider. Content creators get their share of profits from advertisement placed on their content. Attracting significant size of viewership enhance advertising gains. Regardless of how the platform is presented, On.Live is yet another marketplace for digital goods.
Who are the players in the system?
Broadcasters create content and take responsibility for broadcasting it on the network. Service providers possess the skills which they can sell via On.Live and private offers. Transcoders transcodes the stream into wide range of file formats to optimize it for multiple devices. They can also operate as relay node. Recipient is the end customer who watches steam in a particular format and quality. Recipient pays for the live stream and content. Relay nodes which includes transcoders also transmit stream to end customers. Being an open network, On.Live allows anyone to play desired role.
OnLive is a perfect platform for educators who want to be compensated for their knowledge and even doctors who specialize in a particular area that do not necessarily have to be cared for in physics consultation, or even a dietitian who knows some appropriate data can help someone with a meal plan, for all those professionals who can contribute through a video conference could be an opportunity to gain a significant advantage in this platform. For those users who, for example, require a math class, they must use to buy chips they can exchange time teachers, teachers, doctors, specialists in order, a number of professionals that are available to them in the consultation room. platform
Token details
Token Type: Utility token
Maximum supply: 111,000,000 ONL
Tokens available in Pre-ICO: 12,210,000 ONL
Tokens available in ICO: 61,050,000 ONL
Pre-ICO Hard Cap: 14,000 ETH
ICO Hard Cap: 100,000 ETH
Pre-ICO is alive. It closed on February 21, 2018. The pre-sale helmet is just over 12 million ONL chips. More than a quarter of the funding objectives are achieved with the current distribution of 3.2 million ONL cards. ONL is a utility token in the On.Live ecosystem. The maximum of the total offer is 111 million ONL crowdsale token. ICO will show 61 million tokens. The hard pre-sales and ICO demands in terms of capital are ETH 14,000 and ETH 100,000.
The ONL token acronym of the OnLive project will be the method of payment in the platform, so we must obtain it if it requires consulting with the professionals, it also has a real use and works as a speculative asset that is expected to be conserved. with good demand while the platforms increase the number of users. I will leave my research in the respective links so they can review the project in more detail, any questions or comments they know they can say.
Further information:
Website: https://on.live/
Whitepaper: https://on.live/documents/OnLive_Whitepaper.pdf
Announcement Thread: https://bitcointalk.org/index.php?topic=2738965.0
Bounty Thread: https://bitcointalk.org/index.php?topic=2751766.0
Twitter: http://twitter.com/on_live
Facebook: https://www.facebook.com/OnLive.TV/
Telegram: https://t.me/onlive
Author (iyanfoursix46): https://bitcointalk.org/index.php?action=profile;u=1061980
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