As we are ahead of our development, we have updated our info!
MyTVchain allows sports clubs to create their web TV and animate their communities (fans, supporters, friends and families) while generating revenues to develop their activities. Advertising-based revenue models are declining on the web and sports clubs need to find new sources of funding. With MyTVchain and thanks to the blockchain, it is the community that regains control of the content & creates their value. The "MyTVchainers" are rewarded in token for sharing video storage & bandwidth, video watched & can donate some of their tokens to their favorite club or purchase services from web TVs (subscriptions, VOD, Geoblocking, etc.) or distribute tokens to filmmakers with the best quality (shooting, subject, etc.).
Live since Oct 2018, already 27K members, 30 webTVs (including 3 National Ligues): create your webTV.
Online video is one of the fastest growing markets, it is expected to account for 82% of all consumer Internet traffic by 2021, with a current market worth of $312 billion (source Cisco sept. 2017). Video creation and consumption is more accessible than ever, triggering an increase in video production and consumption. The market today is largely dominated by leaders such as Facebook, YouTube and Google which control distribution of videos and advertising space. The sports industry is also growing; the health industry is pushing people around the globe to improve their health while having fun in their daily lives. In addition, sports video market is exploding; There has been a 90 percent increase in searches for “football highlight” videos during the past year, YouTube reported in Feb 2018. The company says that in addition to the rise in search activity, watch-time of sports highlight videos skyrocketed 80 percent between 2016 and 2017. Highlight videos were not the only sports-related content getting more views. Sports-related interview videos saw a 60 percent increase in watch-time, and funny sports video watch-time was up 50 percent. YouTube reports 70 of the top 100 sports videos on its site have “great,” “greatest” or “best” in the videos’ titles. Along with the rise in “football highlight” searches, YouTube found “how to” sports video searchers have doubled since 2016 and offered the following image to show which “how to” searches were most popular. A Google-Ipsos study on sports viewing habits found 80 percent of sports viewers use a computer or mobile device while watching television broadcasts of live sporting events. That same study indicates that 30 percent of viewers stream live sporting events from their mobile device.
Our vision is to offer a private web TV for every sport club and former champions based on a freemium model and where sports clubs can add services to their viewers that can be purchased and where viewers earn tokens while watching videos.
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Blockchain | Tokenization Strategist| Whitepaper|Tokenomics | BD| Fundraising Rated on Feb 21, 2019
3
5
3
14%
→ Blockchain Advantage - ⛔️
→ White Paper - ✅
→ Team Composition - ✅
→ Token Economics - ✅
→ Business Model - ✅❤️
→ Social Media Presence - ⛔️
→ Collaborations & partnerships - ✅❤️
→ Fund Allocation - ✅
→ Legal Loopholes - ✅
→ MVP/ DApp/ Working Product - ✅
Advantage - Clear business model and tokenomics. Well done WP! Well established partnerships.
Disadvantage - The technical side is a bit problem. Currently, ETH platform can’t support this kind of a project. Are they building their own hybrid blockchain or using other newer protocols for building it? The tech side is a bit unclear to be honest. Also, the blockchain capability for the team is not visible.
You can find my ratings methodology here- https://medium.com/@krishnenduchatterjee/ico-evaluation-investing-a-vc-perspective-for-investment-over-greedy-short-term-returns-433f6f9e13d8
Francois Le PageICO team member replied on 27 Mar 2019
Hi Krishnendu,
Thanks for the review.
Let us add some more info regarding the technology described within the WP. We cut in small pieces the videos and sharee thoses pieces within the community's devices. The community share the storage capacity and the bandwidth and the overall system is managed and controled through our smart contract. We chose ETH as we target a large community of users which is already 27K members/users.
We have also a team of blockchain developpers in France & Romania, www.mytvchain.io has been upgraded with more info on our team.
We have also started to generate first revenues while adding complementary activity to answer our clubs demand: filming matches. This activity generate thus for us, revenues but of course more viewers and contents.
Hope this will help you review your rating on our project.
Many thanks
Chief Excutive Officer at United Capital Investments s.a. Rated on Jan 30, 2019 Modified on Mar 27, 2019
4
4
4
11%
Thank you for the reply to my concerns, i have updated my rating and review accordingly.
After my review, the team contacted me and explained everything, the good thing that they have also updated their linkedin profiles to mention their relation with the project.
Also such a project with 27K members and 30 clubs including 3 national leagues in France and are now discussing partnerships with US organisations, that means it is a project that will achieve returns sooner than expected and that will create a value for the token in a short time.
Expanding also the business in many countries means that the team behind this project is very positive and serious about what they are doing, most important i can see now the dedication behind it.
Good luck, probably i will invest myself in this token.
Very good idea and concept and by the way a real active company, with active real users and sports clubs which makes a huge difference with other ICOs!
At least a real company with great experienced team, already up and running, very good concept and users/web TVs references...
ICO - STO - DAICO Advisor, Investor Relations, Public Speaker Rated on Jan 29, 2019
4
4
3
11%
The vision of the project is a very good one and it could work very well in the future of TV streaming. The Blockchain also can be a good way to encourage the increase of the audience, but also to avoid bogus audience rankings.
The team is well composed and each of them seems to have a good experience behind them in the sectors they come from. Perhaps the figure that is missing is an expert Blockchain developer, to make a leap in quality technology.
Unfortunately, such a project, at the moment can not be developed in Ethereum, as it needs greater scalability, speed, and microscopic fees, given the huge amount of transactions that could take place on such a platform. You can also seriously consider the introduction of Proof of Stake, along with the creation of your own Blockchain or a fork of a Blockchain most suited to your project.
The whitepaper is very well written and there are complete analyzes of the market and of the competitors, problems, solutions and possible benefits of change.
Good luck in the development and fundraising, the project can aspire to success, but with some improvements along the way.
DSc (Physics) - Blockchain Researcher - ICO (not STO) Advisor - Managing partner at Sofia eConsulting OU Rated on Jan 29, 2019 Modified on Jan 29, 2019
3
5
4
7%
The team displays impressive credentials but have not yet been approved in the KYC process and do not have a consistent digital footprint in the Web.
The vision of a platform that provides a fairer financial remuneration for sport videos producers and clubs (especially small ones) is laudable. The concept seems to have a good potential for success as the PoC at OnePlace2B attracted 5,000 users and generated more than 500,000 video views in a matter of months.
The product described, a content distribution solution integrating CDN with a P2P-based network, while reserving the Ethereum blockchain for the monetization and tracking processes, is challenging but may be an interesting solution to the scaling problem.
Technical Solutions Architect at Bell, Co-Founder at Parkres Rated on Feb 19, 2019
3
5
4
5%
Good to see some original ideas and practical ICOs out there. Most of the latest ICOs are just repackaging of older ideas and some of them are even non-practical. This project has good concept they are trying to disrupt one of the fastest growing industry like Pay TV, which is great. This project has good future if executed right.
However many project team members seems new on linkedin. Don't see any Blockchain Architect on the team, which is concerning as this a major blockchain project.
The project started from Q1 2018, but the social media channels are created late 2018 (Sept-Oct). Don't see lot of activity on the channels. There surely needs to be more engagement from active community members to gain traction.
The web platform is live already which is good news, but then why does the project need to raise 35 Million USD ? What are these funds be used for ? Team should provide good explanation on how collected funds would be utilized.
COO, MARKNetwork Blockchain Solutions LLC, Blockchain Evangelist, Writer and Educator Rated on Feb 8, 2019
3
4
2
4%
Many project team members are new to linkedin. The developers do not seem to have blockchain experience. Also not sure why the developers are fro, Romania while most of the project team management is in France.
While the concept is good, till the time we don't see t working in the real world, we can't be sure of its success.
While the project has started from Q1 2018, the social media channels have been created only in late 2018 (Sept-Oct). The followers in linkedin and facebook are limited.
The web platform has already been built. Why does the project need to raise USD 35 Million is not clear. How would the funds raised by utilized?
Francois Le PageICO team member replied on 27 Mar 2019
Hi Kuldeep,
The 35 M USD are a maximum of fundraising and detailed in the WP, step by step and the blockchain team has been detailed on mytvchain.io.
Founders of the project are from France and Romania which explains why we have a foot in each country.
Social medias are progressing fast but most importantly, we have now more than 27K members and 30 sports club including 3 national leagues. Numbers are growing fast. Hope this answers your questions and please feel free to ask for more info.
Kind regards
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