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Transcodium

Blockchain based Transcoding Platform

The global video streaming software market size is expected to grow from USD 3.25 Billion in 2017 to USD 7.50 Billion by 2022. Transcodium aims to provide the first peer-to-peer blockchain based and decentralized media transcoding, editing and distribution platform with high quality and reliable computational power at a very affordable price.

3.8
27 26 expert ratings
Benchy 4.3
Experts
3.6
3.9
3.8
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~$10,977,534
value of tokens sold in ICO
Trading
0.11 USD
From Livecoin on 2018-05-22 04:20:07 UTC
Token
Price in ICO
1 TNS = 0.376 USD
Country
UK
preICO start
7th Jan 2018
preICO end
28th Feb 2018
ICO start
1st Mar 2018
ICO end
30th Apr 2018
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About Transcodium

Transcodium aims to provide the first peer-to-peer decentralized file editing, transcoding and distribution platform with high quality and reliable computational power at a very affordable price. This will create a global market for users, willing to rent their idle machines to be used as workers. Further, at the end of the processing, the worker (processor) will be rewarded with the TNS Tokens.

Problems with Cloud Transcoding

  • Time Consuming due to the limited resources.
  • Very Expensive thereby scaring away startups & low budget firms.
  • Unreliable, Server outage can cancels the whole process

Transcodium started as medianap in 2015 with a visual cloud transcoding and media editing platform, but we went out of business due to the high cost of cloud servers, we could not compete with the existing platforms and had to switch to another business, In 2016, our team decided to look into the project again but this time using the blockchain and decentralization technology. Unlike the previous platform, Transcodium's network will be fully autonomous without human intervention.

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Building, Securing & Auditing Smart Contracts, Blockchain Consulting.

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2 members invited
Jeetendra Kumar
Passed
Razak Zakari
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