Introduction
Video sharing platforms are designed to allow creators to upload their content on different topics and subjects for a selected audience. Content creators earn money from the activity on uploads and are paid by the platform. Earneo is a new video platform that offers a fair sharing formula of profits made from the contents uploaded to the platform. It is built to serve the community, eliminate a central system that moderates the verification of contents, and institute a community-driven platform that supports the growth of the network. With the support and integration of the Binance Chain, the Earneo network offers a decentralized system that promotes the sharing of content on its platform.
There are certain issues experienced with the use of conventional video sharing platforms that do not benefit creators for their content and make it difficult to earn for their work. Earneo network seeks to provide solutions to address such problems and offer added advantages to content creators, more than is given by the other video sharing platforms.
The problems of most video sharing platforms include;
Lack of Monetization:
One of the primary objectives, besides providing information, of content creators on video-sharing platforms is earning money. Content developers on various video platforms intend to make profits from the activity of viewers on their content. This is why most creators often perform researches to discover what the majority of viewers enjoy and spend their time watching, it gives them an idea of what sort of content they should create in order to meet the needs of their audience.
However, making profits on most video platforms transcends satisfying the content needs of your audience. The money earned on these platforms is not entirely based on the views and other activities on contents. More so, there are certain requirements that must be met by content creators before they can start monetizing their content. A typical example of such a requirement is the number of views and subscribers on your channel. New members are also not allowed and approved to have advertisements on their contents if certain criteria are not satisfied. For instance, a new channel on YouTube needs up to 1,000 subscribers and watch time of 4,000 hours in a year to qualify for advertisement on contents. This makes it difficult for newbies and does not encourage them to create more contents.
Unfair Rewarding:
This is another problem of common video platforms and it does not motivate creators to build and upload more contents. Most platforms specialize in enriching themselves from the profit realized from the content of creators. There are numerous advertisers that showcase their products or services on videos uploaded on these platforms and the advertisers pay the platform management team for the marketing. However, these platforms do not fairly compensate the creators for the use of the contents for those adverts. It is quite uncommon to see creators that are rewarded fairly for such adverts and it is usually when there is a special agreement between the creator and the video platform or the advertiser.
Centralized Censorship:
The criticism of video content of creators on most platforms is another problem and oftentimes, there is usually not a concrete reason why such contents are flagged as inappropriate. There is a central moderator on the platforms that regulates and approves contents from creators and it may delete uploads at its discretion. This often frustrates content developers who create content that has met the compliance and policy requirements of such platforms.
The development team of Earneo believes the network has the framework and features to tackle these issues faced by content creators and hence, achieving its vision to create a fair revenue sharing system. The solutions offered by Earneo network include
Adequate Monetization:
You do not need to meet any set criteria, whether in the number of your subscribers or watch time, to start earning on the Earneo platform. Content creators start making a profit from the first video they upload. Even with not enough viewers, Earneo rewards new content creators with the RNO token of the network. Developers earn money so long as their videos are compliant with the guidelines of the moderators.
Fair Rewarding System:
The Earneo network offers an equitable rewarding system that encourages content creators. A reward is available for developers for every advert done on their contents.
Community Censorship:
The moderation of contents on the Earneo network is not centralized, rather it is based on a voluntary community. This community reviews and approves the appropriate videos that will be accessible on the platform.
Copyright:
Contents are often stolen on video platforms. Earneo helps creators to protect their intellectual property through the use of blockchain and smart contracts.
USEFUL LINKS
Website: https://earneo.io/
Whitepaper: https://earneo.io/wp/whitepaper.pdf
Youtube: https://www.earneo.tube/
Telegram: https://t.me/Earneo_official
Twitter: https://twitter.com/earneodapp
Facebook: https://www.facebook.com/earneodapp/
Writer's Info: Gadile