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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.

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41 days 21 hours left
2018-01-07 - 2018-02-28
Token
TNS
Price
1 TNS = 0.376 USD
Bonus
Available
Platform
Accepting
ETH, BTC, LTC
Soft cap
500,000 USD
Hard cap
30,000,000 USD
Country
UK
More on ICO
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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 tokens which can be exchanged into any currency or can be sold to customers (initiators) who need these tokens for use on our platform.

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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