Digital currencies, which have grown an outstanding upward trend in few years, are more and more influencing the world economy. Consumers’ shopping behaviors, ways of buying and new developments in digital currencies seem to make them essential in the coming future. On the other hand, with the development of the Internet, purchasing decisions are gradually moving toward the digital platform, which means that the practice of using and evaluating money is increasingly shifting to the digital world, and this area has begun to lay the foundation for an economic system. Nowadays under the light of these technological improvements the most popular developments started to appear as social networks and video sharing sites. The number of people reached by these sites is now expressed in billions. For example, SnapChat only has 10 billion video views a day. Today I am going to talk about a social media video network called BuzzShow, where users will be rewarded with BuzzShow Goldies. To learn more about BuzzShow, please visit the official website at https://www.buzzshow.com.
What is BuzzShow?
BuzzShow is a reward-based social video platform that has essentially been developed. It delivers its users with full control of their content as well as monetary incentives for creating, curating, sharing & viewing videos with BuzzShow Goldies, the BuzzShow’s native currency.
Participants of the platform not only earn as a content creator, but also they get when they share videos and when they view videos. This is the first entirely developed outstanding social video network that lets everyone involved to contribute and have money on the platform.
Additionally, the platform proposes to us IPFS (InterPlanetary File Sharing) in its future releases to ensure that the content is truly decentralized. This permits files to be stored without relying on a centralized database as most video websites rely on. Consequently, it is not vulnerable to any DOS attacks or ransomware attacks because the videos will be held in numerous systems. The advantage is that it is faster, more open and safer than the centralized database dependent methods of video streaming. This technology is beneficial for BuzzShow because it lets the platform to be truly decentralized while saving bandwidth costs considerably.
Why BuzzShow is Different from Others
This is why Buzzshow is different: Firstly, BuzzShow has already been developed, tested and is available online. Many token sale starts while the platform is only in a conceptual stage, with only a white paper to back up the funds rose in the Token Sale. But as you notice, the BuzzShow Token Sale is different. They offer a developed and tested platform and will use the funding to make it operational on blockchain technology as well as to rapidly develop a strong user base.
Secondly, the BuzzShow platform will be based on third generation Blockchain technology, as long as the benefits of absent transaction fees, sufficient capacity, stability, and security that is crucial for a social media network.
Thirdly, sooner than protecting consumers, social media platforms such as YouTube, Facebook and Twitter, has been trading privacy for profitability and freedom of speech for censorship.
Fourthly, the BuzzShow social media network will deliver its users with full control and ownership of their content, counting its distribution, monetization and selection principles, while only inactivating content that’s demonstrably illegal.
Fifthly platforms like YouTube & Facebook provide little to no rewards to creators and curators and surely do not reward viewers despite exponential growth of the online video market. But BuzzShow builds a new reward based incentive eco-system based on the popularity of online video content, rewarding users with Goldies for creating, curating, sharing & viewing videos.
Benefit of Using BuzzShow
How Buzzshow Profits Users Dissimilar users of the platform will get different benefits depending on their contribution to the site. The specific profits for individually of these groups are like this:
Video creators will earn Goldies for both creating contents and adding it to their channel as well as when users view the video. This offers video creators a dual chance of earning revenue. They shall also charge premiums if they would like.
Video curators will earn Goldies always they share a video or when a video is viewed on their channel.
Viewers will earn Goldies when they watch videos on the platform, and they can use these Goldies to pay for premium content from their preferred content creators.
Advertisers can buy Goldies for use to pay advertising space either from the curators or specific content creators.
Validators confirm the adverts that are included in video to ensure that advertisers only market based on the advertising space. These validators are paid using Goldies.
Moderators earn Goldies by validating whether the content shared by creators adheres to the terms and conditions. They flag issues like racism and inappropriate content to ensure that users do not violate their terms.
Developers&Platform retain some of the Goldies reserved for them. Additionally, they earn based on any plugins and upgrades introduced to the platform.
Buzzshow will provide a storage option by linking with other decentralized storage firms and permitting content owners to pay a small fee to store videos on the blockchain.
How BuzzShow Works
The platform will be using IPFS (InterPlanetary File Sharing) to ensure that the content is truly decentralized. IPFS is a content-addressable, peer-to-peer hypermedia distribution protocol that is intended to create a decentralized and permanent technique of sharing and storing files. It permits files to be stored without relying on a centralized database as maximum video websites rely on.
At the core of the BuzzShow is the Goldies that are already entrenched in BuzzShow platform. The new BuzzShow crypto currency will be integrated during migration of the BuzzShow into blockchain based Tokens.
Consequently, it is not susceptible to any DOS attacks or ransom-ware attacks because the videos will be held on multiple devices. The advantage is that it is faster, more open and safer than the database dependent methods of video streaming. This technology is useful for BuzzShow because it agrees the platform to be truly decentralized while saving bandwidth costs considerably.
Token Sale
BuzzShow’s token sale will begin on February 12, 2018 to create an operating platform on third-generation block-chain technology that leverages funds, critical transaction costs for social media networks, capacity, stability and lack of adequate security.
Token Sale Details
Total Tokens Issued: 150,000,000
Maximum Token Available for sale: 93,000,000 (62%)
Hard Cap: 20 M USD Price per Token: 1 Token = 0.25 USD
Road Map
Below you can see a road map with each stage planned and targeted towards the road to success. Please refer to the technical report for more detailed information.
https://www.buzzshow.com/tokensale/resources/files/buzzshow_white_paper.pdf
Team
You can see this successful team below. For more detailed information, please visit the website at https://www.buzzshow.com/
As a result, I deeply believe and support the BuzzShow Team and System. This platform will grow and evolve, and the award-winning streaming of its users’ contributions and achievements will turn into a high- and multi-share video service. Plus, with block-chain technology and a decentralized system, BuzzShow is a safer and better platform than similar platforms.
References
For more detailed information, please visit the following websites.
Website: https://www.buzzshow.com/
Blog: http://buzzshow.com/blog
White Paper: https://www.buzzshow.com/tokensale/resources/files/buzzshow_white_paper.pdf
Facebook: https://www.facebook.com/buzzshownetwork/
Twitter: https://twitter.com/buzzshownetwork
Telegram: https://t.me/buzzshow
Reddit: https://www.reddit.com/user/BuzzShow
goraset: https://bitcointalk.org/index.php?action=profile;u=158678