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*BUZZSHOW, A VIDEO ONLINE NETWORK CAN MAKE MONEY FROM BLOCKCHAIN*

ABSTRACT

Video has become the mainstay of entertainment. The emergence of video platforms such as YouTube and Vimeo has increased the demand for video exponentially in Indonesia, developed countries and more and more around the world. Since this multi-billion dollar industry is run by a large non-profit company, it's not surprising that they are getting that increase thanks to the valuable content created by the often underpaid or even unpaid creative thoughts. For other users, like viewers and curators, even worse. This user's social activity, reviews,

rekomendasi untuk konten hebat atau konten politik yang tak ternilai tidak akan diterima Kompensasi atau pada saat itu bahkan disensor. Beberapa perusahaan seperti Facebook dan Twitter tidak memiliki formula bagi hasil sama sekali, meski menghasilkan miliaran dari dolar dari pendapatan iklan. Di sisi lain, harga-gap dengan Layanan video online berbayar tidak perlu melebar, karena membayar untuk konten tanpa iklan hanya dimungkinkan pada media berbasis langganan atau bayar per tayang.

Buzzshow offers a fresh decentralization approach to the online video market that will restore power to the hands of creators, curators and consumers who form the basis of the market. Under a decentralized plumbing system, so the content, curator and consumer community can decide among themselves what value they fit into each other's services, without center parties standing to take the most. This means an opportunity for all users to get it Economic rewards every time they sign up, view, upload, recommend or share a video.

Blockchain technology has disrupted some industries and forcibly repaired them Many organizations are unhappy because of blockchain, Technology essentially negates the need for a centralized company that holds most of the power, over products, consumers and suppliers. Some of the leading industries, which have been disturbed are the financial, payment process, and electronics recording industry Experts also believe that by 2020, will be more affected than the other 50 industries, causing a major shift in the status quo. Major players In the industry there are social media networks, streaming video, and corporate advertising. 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.

Saudi with a video industry penetration of 98 percent. Even regions like Africa have seen an increasing number of people relying on video as a source of both entertainment and information. In America alone, the number of people who rely on video streaming for entertainment and as a source of information is expected to pass 232 million. A recent study shows that each advertiser earns about $ 154 billion a year from related video advertising revenues in America alone. Businesses are willing to spend more than $ 20,000 on video marketing each year because of the range of these media types. Businesses at least create content once a week and allocate more than a quarter of their advertising budgets Video ads Most of the millennium state that they spend more time watching videos online rather than watching television. Most of the videos.

Consumption is on mobile devices because they have the ability to stream content while on the way Video has also been integrated into social media increasing the number of videos that become viruses. Additional niches like live video and virtual reality are also evolving. In line with this demand has become the growth of online video content creators. This video creator generates content that the masses enjoy. Their budget is relatively small but the creativity they bring makes the audience entertained.

What are the Features of Buzzshow ??

Users on the platform will earn money while uploading their first video on the platform. This is a very simple way to earn Goldies even before the demand on the site develops. They can also get every referral confirmed on this site. As soon as users sign up based on their referrals, they also earn some Goldies.

Another feature is the ability to create channels and upload videos for free. There are no paid options that offer content creators greater capital opportunities. Everyone starts at the same price, and it's absolutely free for everyone.

This makes the company reluctant to pay special treatment on stage. They will support their favorite creators by sending Goldies. Goldies will not be subject to any outrageous transaction costs such as Patreon and other donation platforms, but rather near zero micro-transaction costs. This will ensure that creators get the support they need.

In addition, creators can sell access to their content to enable them to earn Goldies if the content is of high quality. Users can access this premium content by paying Goldies they get on the platform.

Advertisers will be able to directly pay the creator and curator to ensure that ads are placed on the video for the right target audience. This is a more effective strategy than random ad placement with no feedback from advertisers.

Benefits for users.
Different Platform users will receive rewards that vary in amount depending on the contribution to the site. Specific benefits for each group are as follows.

Video creators will create videos and add them to their own channels and when users watch videos. this is what makes the video creators get Goldies for the videos they have created. video creators can also set rates for each video they have.
Curators will receive Goldies as long as they share videos or watch videos in a channel.
Viewers will get Goldies while watching videos in the BuzzShow Platform. and they can also use Goldies they have collected to subscribe to premium-rate video.
Advertisers may purchase Goldies to pay for advertising space and a specific curator or creator.The Verification Process verifies the ads that are in the video to ensure marketers market only based on ad space. This validator also uses Goldies as a means of payment.
The presenter earns Goldies by verifying content from the creator in accordance with predetermined terms and conditions. they mark issues such as racism and inappropriate content to ensure users do not violate existing requirements.
Buzzshow platform developers also get Goldies for their contributions. such as development on plugins and upgrades within those platforms.
BuzzShow will also provide storage options through an agreement with other decentralized storage companies. and instructing content owners to spend less on their video storage space.

MARKET VALUE REQUIRED

Blockchain technology has the potential to solve the problems in the online video industry. A decentralized blockchain can be created as intended Give content creators a platform that they really control. In addition, revenue can be shared between creators, curators, and consumers according to the level of activity and popularity of their content. Rewards can be offered to those who often watch on stage to create incentives that ensure that content on the platform has an audience. Using blockchain technology offers several key benefits for existing Buzzshow users the platform will be able to instantly provide:

1, I. The first benefit is that the platform prevents companies from restricting creative freedom of video content creators. As long as Content is not bordering on hate speech or violates rights. Others, creators should have a platform to share their ideas. Corporations are inherently biased, and they tend to lean one side of an argument. Blockchain will provide a truly equivalent place where ideas can be shared. The alpha version of this platform is not yet decentralized. However, it is intended that future releases of the platform will be gradually decentralized as the third generation of adult and available blockchain technology.

2. The second benefit is the confidentiality of the blockchain-based platform. Sometimes content creators prefer to keep their identities anonymous to enable them to continue living a normal life. Blockchain uses pseudonyms that offer superior secrecy without affecting revenue In addition, social space on YouTube and Facebook does not belong to the user. It belongs to the company, and they reserve the right to remove, block and close channels and accounts based on their discretion, most of whose time is guided. The freedom of users to create by letting them have their accounts and data all the time is now being affected by the very companies that initially disrupted the monopoly of Apple and Microsoft by offering unregulated platforms.

3. I'm me. The third major benefit is content security. Most conventional platforms like Google may have a system to prevent copyright issues, but not as effective as some people have developed ingenious methods to bypass this copyright limitations. Blockchains are based on safer algorithms. Additionally Buzzshow prevents infringement of copyright infrastructure will be coupled with our two unique ecosystem roles: Moderators and Validators. These two roles are compensated for validating copyright information and to monitor and flag any content that violates Buzzshow policies. Preventing copyright infringement will spur the development of additional platform native content.

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