Transcodium strives to provide the first, advanced, decentralized, single-connected, block diagram environment for transcription, editing and high-quality distribution platforms with processing power and reliability at very affordable prices. This will create a global market for users who want to hire their idle machines, which can be used as tools (miners). After the transcoding process is completed, the worker (processor) will be rewarded with TNS tokens that can be exchanged for any currency, or they can be sold to clients who request that this token be used on our platform.
In 2015, Transcodium started working with Medianap using the visual cloud platform and editing the transcoding platform, but left the business because of the high cost of cloud servers, we were not able to compete with existing platforms and switch to other companies. By 2016, our team decided to focus on this case again, but this time it used block diagrams and decentralization technologies. Unlike the previous platform, the Transcodium network will be completely independent without human intervention.
Problems with cloud transcoding
Why are you investing in our company?
Registered and verified
Before a company is provided with EV SSL (the green company name in the address bar), this company must pass a series of reviews such as Legal Existence and Identity, Trade / Accepted Name, Operational Existence, Physical Existence, and Submitting Information to All Directors. We passed the test successfully.
Existing product
Our company has already developed a product for media transcoding and distribution. Our plan is to redevelop this platform using blockchain and decentralization technologies. This will help provide customers with cheaper but more reliable transcoding services. This can only be achieved by expanding our team, which requires a lot of money.
Existing market
The transcoding industry is one of the fastest growing areas. This is one of the main reasons that huge companies such as Google and Amazon tap into this area.
The good news is that global video transcoding market size will increase from $ 3.25 billion in 2017 to $ 7.50 billion by 2022.
The solution
Blockchain and distributed technology models enable the provision of low cost and more reliable alternatives to cloud transcoding.
Thanks to its unlimited processing power, thanks to its employees, the files are transcoded at a very fast speed, eliminating long queues and waiting times.
Individual transcoding requests are processed by multiple nodes and workers, so failure of one node or one employee has no impact on the process and is therefore more efficient and time-saving.
Transcoding is not limited to audio and video, but also other file formats such as pictures and documents.
Market Overview
The Transcadium network will allow customers to use unlimited processing power with very cheap compensation for the task. Customers can choose the price range offered by TNS rules, the higher the price, the faster the file conversion and vice versa.
Customer may choose to export the file after it has been processed. Goals like Facebook, Youtube, Twitter, SFTP, Amazon AWS, Google Drive and others are supported. Multiple destinations are supported. The first goal is always free, the next goal is the cost given to the master node that process it.
Before starting file processing, the app calculates the total cost to be received by an advocate. Once approved, the initiator wallet is debited. The deductible amount will be refunded if the processing fails. Customer requires a TNS token for every transaction on the network.
Token TNS.
Problems with cloud transcoding
- Time Consuming due to limited resources.
- Very expensive to scare off startups and low budget companies.
- Unreliable, server failure can kill the whole process.
Why are you investing in our company?
Registered and verified
Before a company is provided with EV SSL (the green company name in the address bar), this company must pass a series of reviews such as Legal Existence and Identity, Trade / Accepted Name, Operational Existence, Physical Existence, and Submitting Information to All Directors. We passed the test successfully.
Existing product
Our company has already developed a product for media transcoding and distribution. Our plan is to redevelop this platform using blockchain and decentralization technologies. This will help provide customers with cheaper but more reliable transcoding services. This can only be achieved by expanding our team, which requires a lot of money.
Existing market
The transcoding industry is one of the fastest growing areas. This is one of the main reasons that huge companies such as Google and Amazon tap into this area.
The good news is that global video transcoding market size will increase from $ 3.25 billion in 2017 to $ 7.50 billion by 2022.
SPECIAL SAFETY
The following disadvantages and limitations were encountered in today's platforms for encoding the cloud:
Cloud conversion systems are very costly and re-enable the new companies that require your services. Today, when processing these multimedia files, companies need to invest more than half of their revenues, which is not encouraging.
Prolonged processing time due to limited equipment. Thus, all cloud-based recoding platform applications have strict hardware constraints, so processing processed files is in queue until the processing time expires.
Given the centrality of the platform, a system failure or system failure can lead to failures throughout the transcoding process, resulting in loss of time, money and resources.
Transcoding platforms are mainly limited to media file formats that prevent the conversion of other formats, such as images and documents.
Blockchain and distributed technology models enable the provision of low cost and more reliable alternatives to cloud transcoding.
Thanks to its unlimited processing power, thanks to its employees, the files are transcoded at a very fast speed, eliminating long queues and waiting times.
Individual transcoding requests are processed by multiple nodes and workers, so failure of one node or one employee has no impact on the process and is therefore more efficient and time-saving.
Transcoding is not limited to audio and video, but also other file formats such as pictures and documents.
Market Overview
The Transcadium network will allow customers to use unlimited processing power with very cheap compensation for the task. Customers can choose the price range offered by TNS rules, the higher the price, the faster the file conversion and vice versa.
Customer may choose to export the file after it has been processed. Goals like Facebook, Youtube, Twitter, SFTP, Amazon AWS, Google Drive and others are supported. Multiple destinations are supported. The first goal is always free, the next goal is the cost given to the master node that process it.
Before starting file processing, the app calculates the total cost to be received by an advocate. Once approved, the initiator wallet is debited. The deductible amount will be refunded if the processing fails. Customer requires a TNS token for every transaction on the network.
Token TNS.
Allocation
- Soft Cap 500,000 USD
- Hard cap $ 30,000,000 USD
- Project development (50%)
- Company expansion (3%)
- Marketing & brand awareness (20%)
- Operating costs (15%)
- Law & Insurance (10%)
- Various budget (2%)
- Token role - Represents the processing power for the file conversion
- Heart - TNS
- Blockchain - Etereum
- Standard Token - ERC20
- Provides - 120,000,000 TNS
- Sale - 86,4 million TN
- Issue Rate - No new token will be created
- Currency received - ETH, BTC, LTC
- Advance sale period - 07/01/2018 00:00 UTC until 28/02/2018 00:00 UTC
- Minimum target - $ 500,000
- Maximum goal - $ 30,000,000
- Token distribution
- Total supply 120,000,000
- Sales Token (72%)
- Bonus & Discount (4%)
- Consultants & Partners (4%)
- Bounty (1%)
- Team members (10%)
- Marketing (Present & Future), test account financing for customers & platform testers (9%)
Roadmap
Team
For More Information Visit :
Transcodium Website: https://transcodium.com/?lang=en
Transcodium ANN: https://bitcointalk.org/index.php?topic=2571769.0
Transcodium Whitepaper: https://transcadium.com/files/whitepaper.pdf
Transcodium Telegram: https://t.me/transcodium
Transcadium Twitter: https://twitter.com/transcodium
Bitcointalk (Arumi.Bilqis) : https://bitcointalk.org/index.php?action=profile;u=965668
My ETH Address : 0x78A118ED0556B119ccafe86089a292A048234E79
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