With technology sweeping across the globe at an unstoppable pace, individuals are grasping its developments to their own benefits. With several technological tools available, individuals are raising their standard of living by upgrading to a more digital and modern approach to carrying out various activities.
Meanwhile, technology has facilitated the creation of various platforms where individuals who own or have access to smartphones and other compatible gadgets can conveniently create contents, blogs, skits, videos and a lot more.
However, video platforms like YouTube are experiencing various issues within the system,one of the prominent issues being that current video platforms run on advertisements and have their rewards distributed from advertisement to platform, content creators a fair and deserved share of the advertisements revenue.
More so, there is also prevalence of moderation issues, YouTube for instance is constantly criticized for approving inappropriate contents,an plague which has also affected crypto content developers as numerous crypto related posts are booted - off the platform without warning, all this happening even with the use of AI and third party moderators.
What about copyrights? It is quite unfair when someone's ideas and intellectual property is stolen and utilized to make money,such actions need to be reprimanded but without proper legal representation and backing, this may not be realized.
Now the question is, how can these problems be solved?
*Well, have you heard about EARNEO?
It is a decentralized video sharing platform which is built around the immutable blockchain technology and deploys the IPFS technology to provide a transparent, censorship-resistant,efficient and reliable video sharing platform.
It is a uniquely developed structure that is designed to reward every content creator, moderators and even viewers as well as give them an optimum platform experience.
VISION OF EARNEO
The EARNEO substrate's objective is to deliver a fully functional video sharing platform, that is based on self-rule, controlled strictly by the community members and will gradually become a blockchain hosted, community driven decentralized application (Dapps) where users can be rewarded for their activities on the platform.
HOW WILL THE EARNEO PLATFORM ADDRESS THE ISSUES IN VIDEO SHARING?
EARNEO intends to approve monetization of any content that is in compliant with the moderator's guidelines. From the very first video a content creator posts on the platform, he is eligible for a reward provided the video content meets the requirements stipulated by moderators.
When it comes to censorship, there is no disapproval or deletion of any video without proper examination and warning.EARNEOs moderating system is basically on a voluntary community where all the videos will be properly reviewed and approved by moderator community members, this mechanism will.ensure that only appropriate contents are approved on the platform.
For content creators who desire to defend their intellectual properties, this innovative substrate will deploy the blockchain and smart contracts by providing for the creation of a cryptographic hash stored in a smart contract that will guarantee the copywrite of a particular content to its creator.
EARNEO TOKEN(RNO)
This platform takes advantage of the blockchain and cryptocurrency, and has successfully developed a unique token(RNO) to facilitate transactions, rewards and incentives on the EARNEO ecosystem.
The RNO token is a utility token and is the backbone of the EARNEO platform.
CONCLUSION
Content creation which overtime has been a source of entertainment for the citizens of the world can now be monetized using the EARNEO platform. Viewers, moderators as well as content creators stand the chance to enjoy full benefits on the platform.
With its grip on the blockchain infrastructure and smart contracts, it eliminates copywriters,unfair rewarding and censorships while offering a unique cryptocurrency to facilitate making payments within the system.
What to know more about this project, the links below will take you there;
USEFUL LINKS
Website: https://earneo.io/
Whitepaper: https://earneo.io/wp/whitepaper.pdf
Telegram: https://t.me/Earneo_official
Twitter: https://twitter.com/earneodapp
Facebook: https://www.facebook.com/earneodapp/
AUTHOR- @Goshpas