Transcodium - World's first media transcoding platform

From: Transcodium
Published: Tue Jan 09 2018

Recently, the blockchain has served as a ground for innovative projects and Transcodium is one of such unique and innovative project with its Pre ICO launching on 7th January 2017.

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. This will create a global market for users, willing to rent their idle machines to be used as workers (miners). Further, at the end of the transcoding process, the worker (processor) will be rewarded with the TNS token which can be exchanged into any currency or can be sold to customers (initiators) who need these tokens for use on our platform.

"We believe the migration of our current cloud transcoding platform to the blockchain will help provide cheaper, faster and more secured services compared to our competitors such as Google and Amazon who uses the cloud.", said by Jeetendra Kumar, CEO and Co-founder of Transcodium.

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 because transcoding has become a must requirement for social media (facebook, twitter and more), advertising networks (AdMob, Smaato & etc.), streaming platform (Youtube, Vimeo, Hulu and etc), blogs and many more.This also means that Transcodium has a very fair chance to get a good percentage of the market since Transcodium's platform will be the cheapest, fastest and most secured compared to the cloud.

Cheaper, high quality and secured services point to one thing, that is a higher demand, and according to the proven law of demand and supply in economics, the higher the demand, the higher the price.This will in return cause a massive increase in the price of Transcodium's token giving investors a higher returns on their investments.

Transcodium will raise funds to expand development and also redevelop the platform to the blockchain using Initial Coin Offering (ICO) which starts on 7th January 2018. During Pre-ICO, early investors will be provided with 30% discount.

For More information about Transcodium, please visit the links and resources below.

website :
Ann Thread :
WhitePaper :
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Company: Transcodium
Contact Name: transcodium
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