TV two:earn cryptocurrencies through your tv


TV-TWO: TELEVISION ECOSYSTEM ON THE ETHEREUM BLOCKCHAIN - A Blockchain-Based Open Platform for a decentralized Television Ecosystem. Connect your TV to the Ethereum Blockchain to earn cryptocurrencies. The Open Platform enables direct interaction between users, advertisers, and content providers.
The current Television Ecosystem is broken. TV networks around the world are abusing their market power as gatekeepers to increase prices for advertisers, lower payouts to content creators and drive up subscription costs for consumers. They actively hinder innovation in content delivery and advertising technology in order to sustain their oligopolistic position and benefits. Many consumers are rightfully frustrated with the state of broadcast television. They enjoy the lean-back nature of a fixed program schedule, but would like to see more premium content personalized to their viewing patterns and interests. At the same time, tech giants like Google, Facebook, Amazon and Netflix are looking to build their walled garden around the television ecosystem, eager to acquire more power through data and access to consumers. TV-TWO offers the community a solution in form of an Open Platform for those who are curious about cutting the cord. This includes:
First, an application for Connected TVs that blends traditional television with a personalized video stream offering premium content at no subscription costs. The video stream can always be opened with just one click of a button. Second, the Token for Television (TTV), an ERC20 token that administers the exchanged value between consumers, content providers and advertisers. We propose a new ecosystem, where the trustless nature of the Ethereum blockchain makes it possible for market participants to interact directly without having to rely on middlemen. Consumers get to watch curated videos while receiving TTV for choosing to see sponsored messages from advertisers. Content creators are rewarded by users with TTV for their quality productions. The Token for Television will be offered to the community in a crowdsale. We will employ the new and improved standard of the Interactive Coin Offering as proposed by Jason Teutsch and Vitalik Buterin in order to guarantee a fairer and more transparent assignment process. The TTV crowdsale is especially relevant for advertisers that are looking for sponsored reach on the Big Screen. The Network Utility Expansion Mechanism is inherent to our model. Since no additional coins will be issued after the Interactive Coin Offering and each token has the reserved right to show ads to a fixed portion of the TVTWO user base, each consumer that comes to the platform boosts the utility of the token.
What is TV-TWO?
Platform
An application for Smart TVs used as the new gateway to linear broadcast combined with a personalized video stream as an additional channel.
Blockchain
The technology to orchestrate the new television ecosystem, with direct interactions between users, advertisers and content producers.
Token
A custom Ethereum-based token called TTV, the Token for Television, will fuel the ecosystem while ensuring security and fairness.
How does it work?
How can I try it?
You have a Samsung or LG Television? Join us in our Early Adopter program
.
We are excited to get your feedback!
How does it scale?
In order to overcome the currently limited scalability as well as increasing latency and transaction fees of
Ethereum, we are employing off-chain signature patterns.
State channels are used to facilitate interactions between market participants.
Crowdsale
We will employ the new and improved crowdsale standard of the Interactive Coin Offering (ICO) in order to guarantee a fairer and more transparent assignment process.
Mode of Crowdsale Interactive Coin Offering
Soft Cap 2,500 ETH
Hard Cap 50,000 ETH
Exchange Rate 1 ETH = 10,000 TTV
Reverse Exchange Rate 1 TTV = 0.0001 ETH
Token Supply for Crowdsale 500,000,000
Sale Launch 24 February 2018
Withdrawal Lock 17 March 2018
Sale Completion 24 March 2018
Token Distribution
Allocation of Funds
Unsold tokens will be burned. The tokens of the team are vested over three years. Any ETH committed beyond 90% of the hard cap will be locked for two years in a smart contract. The smart contract stabilizes the price of the TTV by automatically purchasing back tokens, should the market price drop below the issue price.
Interactive Coin Offering
The Interactive Coin Offering (ICO), which is the mode of our crowdsale, was first proposed by Vitalik Buterin and Jason Teutsch in order to turn crowdsales into a game of perfect information. They take the uncapped model and propose the following rules:
Participants in the crowdsale submit both a bid and a maximum sale valuation at which they are willing to participate
If the sale amount reaches the maximum sale valuation, the participant’s bid is canceled and the contribution is refunded
If they so choose, participants have the possibility to withdraw their bid from the sale until a withdrawal lock period is reached
A progressively decreasing discount is given at the start of the sale in order to motivate early participation
Individual buyers may place multiple bids at different valuations

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