MONVID is a decentralized platform that uses block chain technology to deliver video services to the users enabling them to access these services easily from anywhere across the globe.
PROS:
- Usability: The platform enables the users to easily watch videos and movies from anywhere without undergoing any extra infrastructure as it bypasses all restrictions and censorship associated with this services
- The platform promotes peer to peer video sharing from the content creators and video creators to the users freely without any frees and they can be rewarded by the users through MVID tokens
- User friendly: The platform enables the users to stream videos from the creators in different countries easily as it bypasses all the restrictions
- Security: The platform through the use of block chain technology stores the packets of the content which is highly encrypted and cannot be controlled by agency or government
- Team: The project team is composed of good and experienced members with a lot of knowledge in application development led by the CEO Antonio Jacobs
- Whitepaper: This platform document is properly organized exposing all the current problem in the video streaming and the mitigation measures that is involved through the use of MVID token enabling easy access of video streaming
- Lower cost: The platform enables the users to watch movies and videos easily without undergoing any hidden costs making it affordable
CONS:
- The platform use in remote areas is affected by slow internet connections
- Then MVID token holders are not given any rights to benefit from the project profit share
- The platform lacks a well developed mobile application with adequate feature where the users can easily updated on the current videos form the creators
SUGGESTIONS:
- The platform team should include advisors
- The technical team should develop an mobile application supported by Android to enable the users get updates on the new videos and movies
NOTE:
The involvement of crypto currency in video streaming through the platform enables the users to access video services easily from anyplace across the globe as it eliminates all the restrictions and censorship. This makes the project viable making me to invest in it.
