NODVIX – The 24-hour P2P Broadcasting Platform

INTRODUCTION

Since the emergence of blockchain technology in 2008 when Satoshi Nakamoto introduced bitcoin, there have been rigorous efforts to apply the blockchain to several aspects of the global business process, Blockchain technology has been described as having the potential to disrupt many industries with a low-cost transaction, immutability, and enhanced security. In the years that have followed, many other blockchain implementations have been developed with each one exhibiting unique features tailored to specific use-cases.

Blockchain has made it possible to issue just about any asset via a distributed ledger framework. With the aid of cryptocurrency tokens, these assets can be given economic value in order to initiate and validate several transactional processes. Several on-chain protocols have been developed by a number of startups and established companies alike in order to create blockchain-based solutions.

As more technological advancements are uncovered, NODVIX, a self-regulating, open to all, real-time, video content platform that bypasses the restrictions found within the current $1.7 trillion broadcasting market came on board.

ABOUT NODVIX

NODVIX is a 24-hour broadcasting platform designed to display interesting and relevant video content specific to a user’s interests. NODVIX is a self-regulating, open to all, real-time, video content platform that bypasses the restrictions found within the current $1.7 trillion broadcasting market.

They provide a decentralized blockchain-powered solution that profoundly changes the digital broadcasting world for content makers, advertisers, and viewers alike. The absence of KYC, governmental censorship and ease of entry for new content-makers creates a unique environment for real freedom of speech. Advertisers benefit from sponsoring content relevant to their business while paying a fraction of what the market demands.

FIND BELOW A VIDEO PRESENTATION ON NODVIX

The Problems

Centralized censorship and Corruption

Privacy

Infrastructure cost

Central point of failure

Scalability

Monopolization of modern telecom services

High commissions

Low quality of content

The Solutions

A peer-to-peer (p2p) node network that reports to no central owner, limiting the ability for the authorities to request filtering.

A node network that, when using intermediate peers, allows data to transfer between two users that is end-to-end encrypted. No administrator of a centralized server can intercept a user’s data.

A node shares a fraction of their PC memory, processor power, disk space and bandwidth with the p2p node network, reducing the centralized costs to zero while paying the nodes through commissions.

A network that shares files through a node system to create a complex layer of redundancy.

A network that scales infrastructure resources organically with user growth. A network capable of handling traffic peaks caused by the sudden popularity of content (political events, disaster news) that can scale the number of cached copies of popular content according to the changing demand in real time.

A network of nodes that have allegiance to no-one other than their consumers. Free of bias and political views, relying on a majority vote for both content review, approval and rating.

A network that provides reasonable and competitive pricing for both banner and video advertisements.

A network that utilizes a voting system to prioritize high-quality content over the traditional prioritization of the highest bidder.

The Ecosystem

NODVIX is an ecosystem for media content distribution among all of the participants, based on Peer-to-Peer Internet Network (P2P) technology. NODVIX can reduce platform scaling costs and provide significant benefits over traditional centralized broadcast sources and media hosting, as highlighted in this document.

NODVIX is media content that organizes its own, peer-to-peer, decentralized and anonymous platform with open source continuous online broadcasting, using crypto own currency as payment for services. The concept of the project is to provide continuous broadcasting of various unique media content: from music to popular science shows, without censorship or bias, where everyone can be part of the broadcast.

End User Interface

Users will be able to watch 24-hour content through the platform based on their interests and preferences.

This media is split into different categories as assigned by the Torrent-Nodes. Within these channels will be a wide range of user-uploaded content available for both streaming and download based on a users preference for online or offline viewing.

Advertiser Interface

Advertisers upload their promotional media (banners and videos) to the NODVIX platform along with a request specifying the category they would like to appear on. Some categories will be more popular than others, and as such, the price for those categories will be higher to reflect the increased number of impressions. There are plans for a statistics page that will assist advertisers with their marketing campaign.

Content Maker Interface

The content maker creates media, uploads it to the platform and distributes it through the torrent client with the help from the Torrent-Nodes.

The Torrent-Nodes then rate the content. Content which scores higher on the rating list will have a higher likelihood of being broadcast on air. The content maker receives 83% of the advertisement revenue, which has been pre-paid by the advertiser. Total profit will depend on the duration of the video, the category of the broadcast channel and the overall rating of the video itself, as decided by the Torrent-Nodes.

Payment to content makers will be paid in NDVX tokens directly to their unique hash-file address associated with the media content that generated the profit.

NODVIX Fundamentals

Decentralized Peer-to-Peer broadcasting and content storage that is highly resistant to censorship, bias, and blocking.

Self-regulating content management and monetization of media enabled through the utilization of “Torrent Nodes”

Easy and unrestricted access for all market participants with no limitations placed on geographic location or governmental censorship.

Free, equitable access for advertisers and content-makers

An honest division of income to video content creators, publishers, and advertisers.

A vast selection of TV channels with globally created content open to all.

How It Works?

The NODVIX platform is designed to be easy to use for both end user and Torrent-Node:

A user creates or uploads content to the NODVIX platform. Content could be a music video, news story, film, or anything with a frame rate.

Advertisers upload banner adverts and media to the NODVIX platform. These adverts are reviewed, rated and authorized by the Torrent-Nodes.

A torrent-file (hash file) is generated and uploaded to the Torrent-Nodes. The file also contains a unique encrypted wallet address where profits will be sent.

The Torrent-Nodes vote to categorize the content, as well as review the content. Should the content be illegal in nature, the Torrent-Nodes will permanently block the file.

Adverts are placed into the content by the Torrent-Nodes. Adverts will appear in a non-intrusive manner periodically while being relevant to the category of media being viewed.

The finished content is then broadcast to the NODVIX platform network.

Content is placed in one of many specialized channels based on the Torrent-Nodes categorization.

Users can watch 24-hour content through the platform based on their interests and preferences.

The NDVX Token

The company’s internal digital currency, NDVX, is an ERC20 token and used as both a means of payment and an enabler for the Torrent-Node network.

Advertisers use NDVX to pay for advert airtime on the channel of their choosing along with discounts for utilizing the NDVX tokens.

Content-makers and Uploaders receive NDVX tokens as payment for services.

NDVX tokens create Master-Nodes. This type of Torrent-Node provides a higher rate income (8%) for their participation in the information storage, dissemination services, and content review. Master-Nodes are weighted meaning additional NDVX over the minimum amount will multiply the payout value.

Token Sales

Total supply

Based on the success of ICO & Pre-ICO

Pre-ICO

50 ETH Soft cap

1000 ETH Hard cap

ICO

1500 ETH Soft cap

20000 ETH Hard cap

Token price – 0.0001 ETH

Token Distribution