BuzzShow Network: Decentralizing the Video Streaming Industry

Posted by Robert Diaz on December 30th, 2021

Entertainment comes in many forms. Images, podcasts, videos, music, and the list goes on.  But videography is the most popular form of media out of them. We prefer watching video media like movies, vlogs, TV shows, interviews, documentaries, and live streaming with our everyday meals.  The reason is quite obvious… Video media combines all the ingredients of entertainment - the vibe, emotions, complementary music, and great visuals.  

There are different platforms for watching videos, both exclusive and inclusive. Social media platforms are generally designed to economically benefit content creators. No platform intends to reward the viewers for their contribution although the viewers are the ones who spend more time on these platforms.   

Ever fantasized about a platform where you scroll your screen all day long using social media and watching videos...what if you get rewarded for this?

Well yes, this is possible.

BuzzShow Network Decentralized Reward-Based Video Media Platform

This is possible through BuzzShow Network. It’s a decentralized video sharing platform. This means you can get “Goldies”, BuzzShow Network’s native utility token for watching, sharing, and curating videos on the platform as a reward.

The platform is developed on blockchain technology and one of the first fully decentralized social video networks that allow everyone to participate and earn Goldies on the platform.

BuzzShow Network is very user-friendly and aims to reward each user for their participation. Whether it is viewing, sharing, creating, or curating videos. 

A decentralized platform is not connected to some centralized database. However, there are peer-to-peer interactions. Any transaction or data is saved and updated on different devices. This prevents any malfunction or hacker attacks. Moreover, user data is not used without acknowledging them. BuzzShow Network integrates IPFS (InterPlanetary File Sharing) to make sure the network is fully decentralized. User files are stored on multiple systems without relying on any centralized database. This makes it a safe and fast platform.

BuzzShow Network’s Goldies:

Everyone can join BuzzShow Network for free, and there is no subscription or registration fee. Upon signing up, you can earn Goldies through watching, sharing, and curating videos.

Not only that, upon signing up on the platform, each user gets the gift of Goldies. Moreover, users can double their Goldies by sharing the referral link and inviting friends and family through that link. Goldies are utility tokens developed on the Ethereum blockchain. It can be traded on exchanges and is very easy to convert into ETH. It can also be exchanged for other cryptocurrencies or fiat currencies at supported exchanges. It is also listed on Probit and Cointiger. 

Another positive interest we have toward the platform’s Goldies is that they can be staked. Goldies have the potential of increasing their value exponentially. Upon staking you can get yield on them. Users can get a yearly yield of 75% of the balance at the end of each 3 months.

Right now BuzzShow Network is the easiest way to earn goldies and you can stake your crypto Goldies on the platform to get a more rewarded experience. Users can create their own channel and upload their content on the platform. Furthermore, users can get more Goldies for linking their youtube channel.

Content creators can also sell access to their content, and earn Goldies if their content is of high quality. This premium content can be accessed by paying Goldies earned on the platform. Content creators and curators will be able to receive direct payments from advertisers to ensure that their ads are displayed in videos for the right audiences. The strategy of advertisement placement with the advertiser\'s input is more effective than random placement without the advertiser\'s input.

Useful Features for BuzzShow Network’s Users:

There will be different benefits for different users based on their contribution to the platform. These benefits include:

Video Creators: Creators will earn Goldies if anyone adds their videos to their channels. They can get rewards directly if anyone rewarded them or anyone gifted their clip. Video creators also gets goldies upon uploading content over their channel.

Video Curators: Each time a curator shares a video or every time a video is viewed on their channel, they\'ll receive a Goldie.

Viewers: Viewers are rewarded by Goldies for watching videos and sharing them. They can purchase premium content from their favorite content creators from the Goldies they have.

Advertisers: Advertisers can purchase advertising space through Goldies from either content creators or curators.

Validators: The advertisement space is the only thing advertisers use to market in the video, so the validation team verifies the advertisements that will appear in the video. They are paid with Goldies.

Moderators: Goldies are earned by moderators, who verify that the content shared by creators complies with the terms and conditions. Users are flagged for issues such as racism and inappropriate content if they violate the terms.

Developers/Platform: A portion of the Goldies is reserved for developers. In addition, they earn from plugins and upgrades on the platform.

No doubt, centralized social media platforms are the mainstream networks right now. But most users are not comfortable with the privacy policies of the centralized networks. Decentralized social media platforms are making headway to provide a safer environment for the users to share their content in. BuzzShow Network is one such decentralized network that is changing the dynamics of video social media networks. Head over to the official site or download the Buzzshow app and explore more about the perks that BuzzShow Network has to offer!