Some details
Eye Network is a revolutionary use case of blockchain technology in a video sharing platform. It is a decentralized YouTube with the ability to interact with crypto currency. The video providers can allow audience to bid on the right to play advertisements before the video. The payment process, using crypto currency with MetaMast plugin, happens directly from audience to video provider through the web application.
This
concept can significantly reduce the cost of marketing campaignson videos since weeliminated 90% of the administrative payment process as a video platform.The solution uses Ethereum ecosystem to maintain it',s decentralized nature and is 100% cloud based with AWS for security, availability, and scalability purposes. The MVP solution consists full functionalities including, user authentication, user registration, video uploading/playing/deleting/managing, video recommendation system, campaign bidding, campaign creating, and token payment.
Our team fully developed the solution with our in-house expertise. The Eye Network team successfully raised over $2million in 2019 with our product. Eye Network was extremely satisfied with the result and agreed to share the intellectual property of this decentralized platform with Fintelics.