What is Refine Medium? And how is it different from existing video platforms?
Video creation, conveyance & consumption trends around the world are experiencing major disruption. Production houses and studios who once subjugated the Entertainment & Media landscape are now eagerly looking over their shoulders at the adamant, aggressive and ambitious online streaming service providers such as YouTube, Netflix, Prime Video, etc.
This phenomenal growth of the online video content in the last decade has triggered a notable shift in the balance of power. But is the shift of control from oligopolistic studios and production houses to like-minded video platforms a sustainable option?
Or there exists a better option which raises the expectations of the content yearning consumers and simultaneously rewards them for watching and reviewing videos. And also, maintains a robust, transparent and egalitarian relationship between the content provider and content creator. The response to this is certainly affirmative.
Entertainment & Media industry is subtly poised to experience the blockchain disruption and incorporate a pragmatic use of cryptocurrency. The existing greed drove business models of the online video industry is set to experience a major setback with the emergence of blockchain based video platforms which will place the control back in the hands of the users who feed the entertainment economy- viewers and creators.
Refine Medium is a decentralized media platform rendering authentic and high-quality video content. It is built upon blockchain technology designed to enable viewers, creators and innovators of the platform to connect via smart contracts. Refine Medium aims to be a pioneer in the online media industry with Refine token “XRM” as its most trusted cryptocurrency.
Now lets answer- How is it different from any other media platform? Refine Medium awards its viewers apart from monetary hikes for the creators.