EARNEO– A REAL CONTENDER IN THE MEDIA SHARING INDUSTRY
The media sharing industry is worth millions of Dollars, but only a few people are in control of those finances. As it stands, many video content creators/producers are not adequately rewarded for the efforts they put in to produce such contents.
That leaves them with no other option than to relapse and stop creating videos. Aside from that, piracy is on the increase and video contents created by the original producers tend to be used by others without the owners’ consent.
That informed the reason why a platform like Earneo is here to create a formidable system for video content creators to make money from their uploaded contents.
THE DISRUPTIVE MECHANISM
The major upside and feature that distinguishes Earneo from other video sharing platforms is the real earning potentials. It must be noted that the likes of YouTube and Vimeo give little or no incentives to video content creators at the onset.
That often frustrates the content producers who were hopeful of being rewarded for their inputs. However, it is not the end of the world because a platform like Earneo provides real earning potentials.
Besides, it is not limited to video content creators alone. You too can make money by viewing videos on the platform. That is not leaving out the fact that moderators and all other personnel that help in keeping the platform productive will be rewarded too.
Moreover, Earneo only retains 12% of the advertising revenue it generates. The other 88% is fairly shared among the other members of the ecosystem, including video content creators, moderators and the viewers.
Pretty much, this is one of the most organized video sharing ecosystem you will ever come across, and I am pleased to let you know some of the additional benefits you will get from being a part of the broader
Earneo ecosystem.
Greater Earning Potentials for Content Creators
Video content creators are highly favoured on Earneo because the platform wants to reward them for the efforts they put in to publish educative content on the platform.
Already, Earneo allocates 65% of the advertising revenue to video content creators. That is by far the largest wealth distribution on the platform.
Viewers
Video content viewers can also make money from the platform thanks to the distributive earning mechanism that allows you to be incentivized for spending your valuable time watching videos on the platform.
Moderators
Earneo also enlists the help of moderators who are charged with the duty of moderating and approving of video contents uploaded on the platform.
Moreover, it is now easier for video contents to be approved of on Earneo provided it meets the requirement of the broader Earneo ecosystem.
Earneo for Advertisers
In the media sharing industry, more revenue is generated when more advertisers pay for advertising spaces on such platforms. With the current structure, advertising platforms tend to take the most profits at the expense of the users whose data/personal information was used to facilitate targeted adverts.
Earneo disrupts that too by creating an enviable ecosystem for advertisers. Here, you can now place your adverts with every confidence of getting a decent Return on Investment (ROI) because of the transparency of the Earneo blockchain network.
Moreover, the information you need is not only reliable, but also readily available. All you need do is to pay for the advert spaces and Earneo will show your adverts and promotions to the right audience that will be interested in the services you are offering.
Censorship Resistance
It is worth noting that censorship is one of the challenges common in the traditional media sharing industry. Something can be done about that on Earneo whereby the platform is highly resistant to censorship.
For that to happen, Earneo uses the IPFS Technology, which is an open-source technology that helps in distributing data storage to different computers. That way, it can always be easy to retrieve the data when needed.
Roles of the IPFS Technology
Different factors suggest why the IPFS Technology is one of the most used technologies in blockchain networks. In the case of Earneo, there are specific functions that it performs, and these include:
-Resistance to Censorship
IPFS Technology helps Earneo to maintain the resistance to censorship, which is highly needed to protect the contents available on the platform.
-Content Distribution
The aim of the IPFS Technology is to ensure that content is effectively distributed. That is the case here where the technology is used to store and distribute all the video contents to all the networks as a way of preventing centralization.
Conclusion
Earneo is a potential contender in the media sharing industry. The decentralized nature, incentive mechanisms and all-around resistance to censorship positions it for greater heights in the video content sharing industry.
USEFUL LINKS
Website: https://earneo.io/
Whitepaper: https://earneo.io/wp/whitepaper.pdf
Telegram: https://t.me/Earneo_official
Twitter: https://twitter.com/earneodapp
Facebook: https://www.facebook.com/earneodapp/
AUTHOR’S DETAIL- Hassat