Transcodium - Provides the First Block Diagram Environment Forward and Decentralized

Author : (kadutz25)

Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1097203

My ETH Address : 0xdEC674B90e22c53B19569b54AD23F8c50CB4cF9C

What Is Transcodium

Transcoding is a serious business. Its global market size is expected to double in 5 years. At the moment there is a market of $ 3.35 billion in 2018. The processes are mostly behind the scenes. Before your video is presented on Netflix of YouTube, the file is converted to as many formats. These file formats are aimed at the number of media players that support software and devices. You do not prefer to play the same file format in desktops, TVs, and mobile devices. The transcoding takes place on a cloud. As a work model, cloud transcoding has no problems in workflow, concepts, or software.

Real problem and solution:
When you are considering large-scale cloud computing for transcoding, you are experiencing problems. Waiting times may be longer and longer. Processing costs can grow by ten or more times. Even worse, you may experience some serious data loss. The Blockchain project, Transcodium focuses on eliminating these problems. The only idea of decentralization imparts the machining effect. You can enjoy supersonic transcoding at much cheaper prices. To make transcoding easy, the project gives you an option for API, Visual Studio and Export. The export setting allows you to export output to different storage devices and social media platforms.

Why invest in Transcodium?

Transcodium is a registered and verified company. They pass through serials of verification to get SSL certified. They have a verified physical and operational existence.
Transcodium is based on an existing product. The project only innovates using decentralized and blockchain technology. It adds the decentralized essence to tech.
Transcoding Market is an existing and fast growing. It is a billion dollars that will consistently grow in view of rising standards in apps and the internet.
ICO details:
ICO takes place in stages. Right now you have ICO phase two, up and running. 12.4 million TNS is the hard cap on stage 2. More than 55% of the hard stamp is reached at the time of writing. Phase 2 has 20% bonus. More than 42,000 investors have been actively involved in the crowds hall. TNS tokens are priced at 0.376 USD per. Token. TNS is the official currency for the Transcodium platform. Accepted payment options are Bitcoin, Ethereum and LiteCoin. 120 million TNS represents the total token supply. ICO closes after the hard cap is reached.

Why do you invest in our company?

Registered and verified

Before the company is equipped with EV SSL (green company name in the address bar), the company must pass through a series of reviews such as Legal Existence and Identity, Trade / Accepted Name, Operational Existence, Physical Existence, and Submitting Information to All Directors. We passed the exam successfully.

Existing product

Our company has developed products for media transcoding and distribution. Our plan is to rebuild this platform using blockchain technology and decentralization. This will help provide a cheaper but more reliable transcoding service. This can only be achieved by expanding our team, which requires a lot of money.

Existing market

The transcoding industry is one of the fastest growing areas. This is one of the main reasons Google and Amazon enter the region.
The good news is that the size of the global video transcoding market will increase from $ 3.25 billion in 2017 to $ 7.50 billion by 2022.

SPECIAL SAFETY

The following disadvantages and limitations are encountered in today's platforms for encoding the cloud:
Cloud conversion systems are very costly and re-enable the new companies that require your services. Today, when processing these multimedia files, companies need to invest more than half of their revenues, which is not encouraging.
Prolonged processing time due to limited equipment. Thus, all cloud-based recoding platform applications have strict hardware constraints, so processing processed files is in queue until the processing time expires.
Given the centrality of the platform, a system failure or failure system can lead to failures throughout the transcoding process, resulting in loss of time, money and resources.
Transcoding platforms are mainly limited to media file formats that prevent the conversion of other formats, such as images and documents.

The solution

Blockchain and distributed technology models enable the provision of low cost and more reliable alternatives to cloud transcoding.

Thanks to its unlimited processing power, thanks to its employees, the files are transcoded at a very fast speed, eliminating long queues and waiting times.

Individual transcoding requests are processed by multiple nodes and workers, so the failure of one node or one employee has no impact on the process and is therefore more efficient and time-saving.

Transcoding is not limited to audio and video, but also other files formats such as pictures and documents.

Market Overview

The Transcadium network will allow customers to use unlimited processing power with very cheap compensation for the task. Customers can choose the price range offered by TNS rules, the higher the price, the faster file conversion and vice versa.

Customer may choose to export the file after it has been processed. Goals like Facebook, Youtube, Twitter, SFTP, Amazon AWS, Google Drive and others are supported. Multiple destinations are supported. The first goal is always free, the next goal is the cost given to the master node that process it.

Before starting file processing, the app calculates the total cost to be received by an advocate. Once approved, the initiator wallet is debited. The deductible amount will be refunded if the processing fails. Customer requires a TNS token for every transaction on the network.

Token TNS

Allocation

Soft Cap 500,000 USD
Hard stamp $ 30,000,000 USD
Project development (50%)
Company expansion (3%)
Marketing & brand awareness (20%)
Operating costs (15%)
Law & Insurance (10%)
Various budget (2%)
Token role - Represents the processing power for the file conversion
Heart - TNS
Blockchain - Etereum
Standard Token - ERC20
Provides - 120,000,000 TNS
Sale - 86.4 million TN
Issue Rate - No new token will be created
Currency received - ETH, BTC, LTC
Advance sale period - 07/01/2018 00:00 UTC until 28/02/2018 00:00 UTC
Minimum target - $ 500,000
Maximum goal - $ 30,000,000
Token distribution
Total supply 120,000,000
Sales Token (72%)
Bonus & Discount (4%)
Consultants & Partners (4%)
Bounty (1%)
Team members (10%)
Marketing (Present & Future), test accounts financing for customers & platform testers (9%)