Rival of Youtube !! Yes you heard it right; a South Korean Crypto Company named SUCON came up with SU-WORLD; a online media contents streaming platform.
SUCON literally means ‘ SUPER CONNECTION ‘ and ready to be the intermediate fulfilling the objectives of SUCON.
SU-WORLD definitely compensates the content creators with SU-COIN , but interestingly viewers will be paid for watching and commenting ; which would make the platform more engaging and all rewards would be based on SU-COIN and the market it attracts. As the advertisers can select their form and design to get their target audience and furthermore help themselves for legitimate marketing.
For Miners there is a innovative method ‘ Storage Renting System ‘ which would compensate miners for storing the various media contents.
These days major advertising-driven platform like Facebook and Google are phasing out ads for cryptocurrencies, shielding themselves from potential legal liability, if the ads are scams or the digital coins are eventually regulated as securities. Video creators with an interest in cryptocurrency say that’s also a factor driving them away from the big names.Platforms like SUCON are decentralized ,keep more power—and potentially, privacy—in the hands of creators and users.
◆ Just the creation of SU-WORLD by SUCON solved following problems :-
– No chance of hacking with the help of DLT.
2. Eliminating need of Big Data Center
– With ‘ Storage Renting ‘ for miners.
3. Copyrights protection
– All Transactions on Ledger.
4. No Brokers
– Decentralized and P2P interaction.
5. Commission Free Platform
– Creators/Viewers well compensated .
6. Ultra High-Speed
– Thanks to the DLT of transactions.
Creators can expect to retain significant control with blockchain sites because there are few barriers if they decide to leave, Like email, it’s relatively easy to switch to a similar site if one doesn’t likes. And because of the decentralized nature of SUCON, tech-savvy users can find ways to post controversial material, even if he tries to block or ban it. With blockchain, people will finally have the chance to be rewarded for their time, attention, and data. No longer will their valuable data be controlled by a few giant companies.
Check more at www.sucon.io