BUZZSHOW

ABOUT US

BuzzShow is a gift-based social video platform that has largely been developed. It gives its users full control over their content as well as monetary incentives to create, curb, share & view videos with BuzzShow Goldies, BuzzShow native currencies.

BUZZSHOW is a fully developed, award-winning video social network that rewards BuzzShow Goldies Tokens users to create, manage, share & view videos.

BuzzShow future decentralization platform will give users full control and privacy in their social media video space.

INTRODUCTION

Blockchain technology has been disrupted multiple industries and forcefully improving them. Many organizations are unhappy because blockchain technology essentially negates the need for centralized firms that hold most power over products, consumers and suppliers. Some of the notable industries that have been disrupted are the financial, payment processing, and electronic records industry. Experts also believe that by 2020, it has more than 50 other industries, causing a major shift in the status quo. Major players in these industries are social media networks, video streaming, and advertising firms.

Online video consumption has become a popular internet activity for billions around the world. The leading country when it comes to online video is Saudi Arabia with a video industry penetration of 98 percent. Even areas like Africa have had upsurge in the number of people who rely on video as a source of both entertainment and information. In America alone, the number of people who predominantly rely on streaming video for entertainment and as a source of information is expected to pass the 232 million.

A recent study shows that advertisers are making around $ 154 billion each year from video related advertisement revenues in America alone. Businesses are willing to spend more than $ 20,000 on video marketing each year because of the reach of this kind of medium. Businesses are creating content at least once a week and allocate more than a quarter of their marketing budgets to video advertisements. Most millennials state that they spend more time watching videos online than watching television. Most of the video is the capability of streaming.

How Buzzshow Benefits Users.

Different users of the platform will get different benefits depending on their contribution to the site. The specific benefits for each of these groups are as follows:

• Video creators will earn Goldies for both creating contents and adding it to their channel as well as when users view the video. This gives video creators a dual chance of earning revenue. They can also charge premiums if they would like.
•  Video curators will earn goldies every time they share a video or when a video is viewed on their channel.
• Viewers will earn goldies when they watch videos on the platform, and they can use these content.
• Advertisers can buy Goldies for use to pay advertising space from the curators or specific content creators.
• Validators verify the adverts that are included in the video to ensure that advertisers only market based on the advertising space. These validators are paid using Goldies.
• Moderators earn Goldies by validating whether the content shared by creators adheres to the terms and conditions. They flag issues like racism and inappropriate content that do not violate their terms.
• Developers / Platform retains some of the Goldies reserved for them. Additionally, they earn based on any plugins and upgrades introduced to the platform.
• Buzzshow will provide a storage option by liaising with other decentralized storage firms and allowing content owners to pay a small fee to store videos on the blockchain.

Since the platform uses EVM (Ethereum Virtual Machine) tokens, some additional features are expected to be rolled out in the future. Phase one of Buzzshow Web, and Android mobile apps developed, and Alpha tested with a substantial number of users, and iOS mobile applications will be developed next to make video consumption easier after the beta version will be fully tested and released using already the Tokens. Ethereum is also developing a poll feature that will be introduced into the platform either in the beta version or in the full live version. The polling feature will allow users, content creators and curators to vote on specific key changes that will be made on the platform. This will help in the development of applications and plugins that are user-centered.

TEAM

For more information and joining the current BuzzShow project please follow some sources for the following references:

Website: https://www.buzzshow.com/

WhitePaper: https: //www.buzzshow.com/tokensale/resources/files/buzzshow_white_paper.pdf
Bounty Thread: https://bitcointalk.org/index.php?topic=2801253.0
Youtube: https://www.youtube.com/watch?v=yoi36suSq3s&list=UUY-gPw6gN3aiPvgmXFGmWtQ
Blog: https://www.buzzshow.com/blog/
Reddit: https://www.reddit.com/user/BuzzShow
Facebook: https://www.facebook.com/buzzshownetwork/
Twitter: https://twitter.com/buzzshownetwork
Telegram: https://t.me/buzzshow
Author: alex789

Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1653045
ETH: 0x5f5f506A001A179b8eE67214a7754Bfe04ffadE0