//Refine Medium Solutions

Refine Medium Solutions

​https://i.redd.it/co38xhucmms21.pngİndustry analysisOver the last two decades, technology has kindled major disruptions in the Entertainment and Media (E&M) industry across the globe. This disruption is propelled by the powerful purpose of easily available and affordable internet for all. The internet access is skyrocketing, connection cost is decreasing and more number of devices are Wifi compatible. All these factors are enchanting the customers towards the online streaming segment- concurrently liberating us from cables, geographical restrictions, broadcast schedules and fundamentally changing the manner in which a video is created, circulated and consumed.“As of 2017, almost half of the world’s total population is watching online videos.” The global audio and video traffic combined is expected to reach 82% of all internet traffic by 2018. The market volume of Entertainment and Media industry was about $1.5 trillion in 2013 and is expected to surpass $2 trillion by 2019. In 2018, global digital revenues account for a staggering 50.8% of the E&M industry income. At the same time, traditional television is stagnating and its percentage in terms of revenue generation in the industry is incessantly plummeting.Understanding Refine MediumRefine Medium is a decentralised video 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 is a one-of-its-kind platform that will incorporate complete transparency, upright compensation for its creators at the same time rewarding users to review videos, no geographical barriers, easily discoverable and accessible content, consequential reduction in content piracy and notably low subscription fees for its users. The Refine token XRM is a cryptographic asset that will be vended in the nascent stages of the Refine Medium maturation journey.The token will be snapped up by those who desire to demarcate their stake in the Refine Medium ecosystem and have a stern belief in the decentralised future of the blockchain based- online video industry. Refine Medium aims to transform the existing centralised industry through path-breaking technologies and make the segment more transparent, secure, decentralised and creator-user-friendly, thus, revolutionizing the social experience of its consumers.

https://i.redd.it/co38xhucmms21.png

İndustry analysis

Over the last two decades, technology has kindled major disruptions in the Entertainment and Media (E&M) industry across the globe. This disruption is propelled by the powerful purpose of easily available and affordable internet for all. The internet access is skyrocketing, connection cost is decreasing and more number of devices are Wifi compatible. All these factors are enchanting the customers towards the online streaming segment- concurrently liberating us from cables, geographical restrictions, broadcast schedules and fundamentally changing the manner in which a video is created, circulated and consumed.

“As of 2017, almost half of the world’s total population is watching online videos.” The global audio and video traffic combined is expected to reach 82% of all internet traffic by 2018. The market volume of Entertainment and Media industry was about $1.5 trillion in 2013 and is expected to surpass $2 trillion by 2019. In 2018, global digital revenues account for a staggering 50.8% of the E&M industry income. At the same time, traditional television is stagnating and its percentage in terms of revenue generation in the industry is incessantly plummeting.

Understanding Refine Medium

Refine Medium is a decentralised video 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 is a one-of-its-kind platform that will incorporate complete transparency, upright compensation for its creators at the same time rewarding users to review videos, no geographical barriers, easily discoverable and accessible content, consequential reduction in content piracy and notably low subscription fees for its users. The Refine token XRM is a cryptographic asset that will be vended in the nascent stages of the Refine Medium maturation journey.

The token will be snapped up by those who desire to demarcate their stake in the Refine Medium ecosystem and have a stern belief in the decentralised future of the blockchain based- online video industry. Refine Medium aims to transform the existing centralised industry through path-breaking technologies and make the segment more transparent, secure, decentralised and creator-user-friendly, thus, revolutionizing the social experience of its consumers.