OnLive is a specific video stream that is supported by Direct Blockchain technology, thanks to which will provide absolute decentralization, high-scale open markets to censor broadcast media and enable free managing transactions and live tokens.
The main objective of this project is to take a position as a leader in the direct consultation platform market, where each client will find the appropriate content, provided by a team of specialists.
The OnLive Platform - the so-called single blocking ecosystem that generates wide audience sales through live broadcast and space for streaming content in real time.
The OnLive system includes 3 fully decentralized markets :
- Broadcasters (live broadcast to the market) - produces and broadcasts content.
- Transcoder (transcoding market) - performs the task of transcoding the stream to another format.
- Streamings (streaming market) - allows transcode and relay nodes to host and receive transfers.
Open network, where everyone can join the network. The receiver tracks the flow in the selected quality and format. Experienced service providers will be able to sell through the system and make personal offers. Relay nodes that transmit streams to recipients with or without transcoding.
how it works :
So first, the creator or provider creates their own channel when signing smart contracts that can sell 1: 1 or 1: 8 direct services or they can broadcast a wide audience in PPV (pay per view), PPM (cost per minute) , PPD.
Furthermore, there are fees for completed services and for direct access to various videos in the air.
The transferred content is encrypted such that only Transcoder and Receiver, which pay for data transfer, will be able to decrypt it.
- Second, Security Transactions.
Transactions between all parties are provided by block chains and Smart contracts, where unnecessary, confirmation from a trusted authority.
The OnLive platform provides additional features in version 0.1 :
The messaging platform - which comes with numbers that will help you make transactions quickly and efficiently.
Payment method :
Wallet - where token purchases and storage of information about all transactions are done through the platform.
Verify user identity :
Calendar itself is an opportunity where anyone can find a list of all available subscriptions and a list of all services, Channels with personal profiles-in systems containing information about service providers or creators, escrow systems and dispute settlements in which way the risk of payments on both the parties are eliminated;
Reputation system - real feedback and recommendations on ecosystem participants.
Premium system - for various actions within the platform framework.
Token Information
- Token name - ONL
- ERC20 Platform
- ICO pre has started on January 22, 2018 - end of February 21, 2018.
- Hard cover - 12 million token ONL.
- The maximum delivery for all foldsal is 111 million ONL tokens.
- ICO begins on March 11, 2018 to April 11, 2018.
- Timely price of ICO 1 ONL / 0,0016 ETH
- 61 million ONL for ICO.
Yes that was a little explanation from me about what it is "ON.LIVE" may be useful for all of you, And for more information please visit the link below :
Author : Nino Ambarawa
My Ethereum Address : 0xD25e583CeA24B5B2B1527503BE11D23C3CB325eF
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