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Introduction
The website is largely regulated and maneuvered, and content creation is an exclusive preserve of media owners. Those who create content do not have direct relationship with the end-users and are not adequately rewarded for the efforts put in.
Media Protocol is a disaggregated platform that is set to resolve these issues, eliminating the need for middlemen intervention between content creators and users, who usually benefit by taking the chunk share. The platform now compensates the two parties directly for their input.
What Media Protocol Offers
Media Protocol is a blockchain smart contract platform that changes all types of URL to blockchain account such that funds can be shared to users with regards to how they relate with such content URL. This births a new Audience Economy that depends on the amount of each actor’s input to the success of a particular content in the ecosystem.
Benefits of Media Protocol to Users
Media protocol allows uses to interact in a transparent economy, with contents you can relate with. The platform allows you to trade your interactions for a seamless acews to improved content.
Additionally, media platform features incentivized market participants to produce enhanced content by offering them access to your details.
For Brands, the specifi benefits offered by media protocol includes activating the preffeted network for proper content sharing, knowing how to develop more engaging content for people via a better knowledge of their dealings, and then, the brands get to be a reliable partner in the content pool, where they can relate with the audience they like.
Implementation
Media protocol will offer early users the needed technology and support to execute projects. The platform equally gives advice to uses on best practices support. Unbridled access to the Publisher Portal for dealing with the smart contract is another part of the implementation.
Media Protocol Tokens
The media protocol token economy is built to produce an internal two-way movement between content users and the facilitators, to foster token holding time and augment standard in-app user holding and gaming details.
The core features of the media protocol token economy are:
Demand - the demand for the platform’s token arise anytime publishers and content facilitators are asked to buy media protocol to promote content and compensate content users for dealing with content and related applications for sharing. It’s just media protocol tokens can undertake these transactions.
Supply - the supply of media protocol tokens in the market is powered by content users who, when they have collected tokens via relating with the content, trading their tokens in the public market.
In-protocol payment
Content users send tokens straight to publishers to pay for access content in the mode of paywall fees or straight to uses to reward them as incentives.
Token-hold channel
Immediately publishers and content facilitators have decided to allot tokens to a particular content through the media protocol, the tokens will be held in the deal till they are shared to the content users and related applications.
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Conclusion
Media protocol is a public platform that ensures direct relationship of the content publishers and consumers by producing a direct economy for the transaction of content, data and tips as well as financial tips.
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Here are some helpful links for more information
Website:
https://www.mediaprotocol.org/
Telegram:
https://t.me/Media_Protocol_Community
BTT ANN thread:
https://bitcointalk.org/index.php?topic=3396313.new#new
Written by
Ebykamsiokoro
https://bitcointalk.org/index.php?action=profile;u=2047938;sa=summary
Wallet address
0x8Acd65aFAcd8F326F65479515F7e015dFa04d904
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Do they have a working product
Is the crowdsale still on??
This seems like another steemit. Great team and I really hope they deliver as stated on this article