FUTUROV: Dawn Of A New Streaming Service Provider

INTRODUCTION

Before the advent of streaming was the traditional non streaming media. Live theatres, books were what was available then until the advent of power, radio, television, telephone, video tapes, audio CD’s etc. which have been in existence from time immemorial. However, computers came into lime light from the late 1980s and the primary challenges then were CPU and bus bandwidth that could carry the required data at a rate that can achieve real-time computing experience. The result back then was that streaming was not smooth and so computer networks had to rely on non-streaming options such as local hard disk drive or CD-ROMS on private computers. Over time through the 1990s CD-roms metamorphosed into MPEG video format and subsequently mp3s, then mp4s as we know it today. In the early 2000s the need for speed and increased number of users of computers worldwide has pushed computer and television manufacturers, as well as internet networking tech. companies to develop faster algorithms to meet evolving demands. Because as dynamic beings we as humans strive to obtain the next best thing and this yearning for excellence is insatiable. The era of internet streaming heightened the human experience with real-time delivery of content above and beyond our wildest expectations. The internet is still breaking the barriers of time and space such that we now have virtual meetings, view live matches, have gaming experiences with counterparts on the other side of the globe real-time with no buffering. Streaming exist mostly in on-demand video and streaming television services which are provided by Netflix, Disney+, HBO max, Apple music using the Over The Top Media Service (OTT). Futurov has taken the OTT media service further by using a decentralized approach with a fusion of blockchain technology to create a never to have been seen form of entertainment where all things are possible. No limits.

ABOUT FUTUROV 

Futurov is an online multimedia entertainment platform, that offers a participatory partnership made possible through voting rights using the OTT streaming media service which rewards content creators, users and other contributors by creating a one stop center that turns authentic, relevant and free information into a business hub where everyone is a stake holder. 

With the fusion of blockchain technology, this approach used by Futurov is poised to change the entertainment space as we know it worldwide. It is estimated that by 2025 the OTT media service industry will be worth about $200bn as determined by expert researchers KBV. While the world ushers the birth of a new era in cryptocurrency exchange and security, Futurov aims at becoming the go to source for free live television shows, unparalleld news, unparalleld entertainment options. The goal is to fund and own exclusive entertainment releases with the use of smart contracts. Ultimately, Futurov will become the largest repository of entertainment globally without owning a single production studio. All that is required, is for users to download the app and select whatever genre of live entertainment they desire, from any part of the world. No sign ups. No registration. No KYC (Know Your Customer) requirements to access her service.

HOW FUTUROV AIMS TO ACHIEVE ITS GOALS

The Futurov’s Over The Top APP

Using a localized and decentralized feed, The OTT app allows you to view Live Sports, TV shows, Live events round the globe. Futurov has also created integrations that can interface with YouTube, theta & LBRY for more exclusive contents. Futurov has also been given rights to exclusive Vuulr and Allrites market places further increasing options available to users.

Futurov Originals

The goal of Futurov is to provide funding to the community of content creators with a view to engage seasoned experts in various aspects of production using standard equipments to bring life to art and unique concepts. The content creators will in turn contribute their original art pieces in their various genres ranging from motion pictures, to animations, documentaries etc. to the Futurov app. This provides an exclusive pool of original content for the community of users to glean from for their entertainment pleasure, while bringing the app to contend toe to toe with other giants in the entertainment space viz-a-viz Netflix, Amazon, Disney+, HBO max to mentionto few. 

Non-Fungible Token (NFT) Launchpad, Market place and Virtual Reality by Futurov

NFT’s are a unique token that are part of the Ethereum blockchain. Just as Ethereum is cryptocurrency such as bitcoin, ripple and the likes, NFT’s store extra information in them, which makes them a little unique. It is basically using tech to sell digital art. This is a place where new entrants into show biz, movies and music artists can launch their individual NFT’s for Films and iconic brands to be launched with Virtual Reality (VR) / Augmented Reality collectibles. Futurov intends that anytime you use the NFT on the Futurov app, your experience is as real as though you were actually present when any event took place. In this regard, Futurov is partnering with celebrities who have sold NFT’s in times past to offer their fans who are currently NFT holders, the benefits of meet and greets on VR/AR.

Futurov’s Gaming, Learning, & Earning Education Station

This is a place where users can earn cryptocurrency while learning about finance, politics and projects depending on their interests. It has been observed the world over, that whenever there is a reward system involved in learning, it provokes the participation of everyone. This incites a better understanding of the subject at hand swiftly and effortlessly whether you are a nerd, average witted or dull. Partnerships with Agenz Ltd and Hyr DAO are in the works as well as partnerships with financial teachers, seasoned podcasters and YouTubers alike. This feature brings educational trainings and enlists the services of real life seasoned professionals in simplifying the most complex issues within minutes in exciting ways through what is called “edutainment”. The team at Futurov is currently developing a game called coinfarmer, an upcoming farming simulator village game to blaze this trail.

The OTT Media Streaming Challenges

Online media or service providers eventually get censored and this results in consequences that restricts people’s right of freedom to choose what kind of information or entertainment they like to consume. We are already living in a world where options abound and as such the traditions of old where a group of elite decide or determine the next best seller has long been eradicated and has outlived it’s relevance. The free market is dynamic and constantly changing and Futurov chooses to be ahead of this trend. By reversing the old era of subscription fees, and introducing a different approach of not just monetizing the free market, but also rewarding both contributors and users alike.

Futurov’s Proffered Solution

As the first blockchain decentralized multimedia platform, Futurov as a community runs on the premise of digital democracy. This has eliminated the need for registration, data gathering, or subtle privacy invasion. Utility tokens are the new means of exchange for value in the world of today and we intend to use this token to fund the world’s most creative minds in entertainment. By allowing the community to control funds by exercising voting rights, grants will be made available to pioneer creative innovations in different genre. By this there will be no limit to the quality of original contents that will push beyond what is possible by all human standards. 

FTV Token

Token Name: Futurov Token Ticker: FTV Token Contract Address: 0xfd2ceaf2a104b2817d8d3252801c52af6b8dae77

Initial Supply: 8,000,000,000 Final Supply: 1,000,000,000

It is projected that the total token supply will be capped at 8,000,000,000 with a deflationary fee of 4.2% to be charged on every transaction carried out by users. The deflationary fee will reduce the quantity of tokens until we have only 1,000,000,000 tokens left. This will ensure that the token gains value with a healthy balance of demand and supply further boosting the economies of scale. 

FTV Tokenomics

51% of all revenue generated through the normal business operations, including non-intrusive ads, NFT sales and originals will be used to buy back and burn FTV tokens from users. This process of buying back tokens in circulation is intended to engage forces of demand and supply, to increase the worth of the token, until we hit the desired quantity of 1,000,000,000 valuable tokens in circulation. Once this target has been achieved, the strategy of burning and buy back tokens will end, while the remaining 49% will begin to enjoy increased rewards.

STEPS TO TAKE TO GET FTV TOKEN

Step one: Set up a coinbase account. I have observed that the best way to set up an exchange account is to go to the website directly. Ignore the app on android or iphone.

Step two: Enter your email address in the get started box.

Step three: Coinbase will ask to select if you an individual or a business. Select individual. Make use of your real name.

Step four: Coinbase will send you an email to verify your email address. Open the email and click on the link.

Step five: Now that you are signed in you still have a few more details to verify like your phone number and authentication codes. These allow Coinbase to text you when changes are made to your account. Just follow the process through.

Step six: Here you need to set up how you intend to fund your account to buy ETH or BTC using your debit / credit card and obtain a wallet ID. Once your account is funded you will have to choose the cryptocurrency you will like to invest in. 

Step seven: Head over to the BUYS page and select the cryptocurrency you wish to purchase and click buy. Voila you are now a cryptocurrency investor.

Step eight: For you to buy FTV token you have to transfer your cryptocurrency to another crypto currency exchange like bakeryswap and pancakeSwap using a wallet system.

Step nine: Ensure you enter your correct wallet ID. You will have to wait a few minutes for your transfer to go through after which you select the FTV token you want whether FTV/ BTC or FTV/ ETH.

FTV token uses

? Governance: Token holders are permitted to suggest, vote, approve renewals or additions and order cancelations.

? Currency: FTV is the core currency of the d’app and it makes it easy to make instant transactions.

? Rewards: Token holders will receive airdrops (NFT’s) ranging from tickets to events, to collectible items or other merchandise to name a few.

? Staking: Token holders enjoy high interest rates when they use the tokens as collateral to make deals/transactions while also earning the rarest of NFT airdrops.

? Engagement: Token holders will enjoy the benefit of inflationary fuel token bonuses to be disbursed but which will be decided by the community.

? Filmanthropy: This is a yet to be decided percentage of the fuel tokens that will contributed towards specific industry as a philanthrophic drive.

Team Members at Futurov

The Futurov team constitutes a group of seasoned professionals from different sectors in the economy to form a power house of think-tanks from different parts of the world. The professionals range from blockchain engineers, coders, tech. engineers, cryptocurrency journalists, crypto analysts, Chief Executive Officer, legal officers, accountants to mention a few. It is therefore pertinent to observe that Futurov is a community, and as such a decentralized voting process exists even at the nucleus level of management.

CONCLUSION

Just as cryptocurrency is the future of commerce, so also streaming is the future of entertainment. Time and space is still been compressed with infinite possibilities and even further with the benefit of no restrictions and Futurov is ahead of it. The fact that ideas can be funded without having to approach possible investors or sit before a group of people for hours to determine if your work is viable to be produced is a big bonus. In addition to that, the 

Futurov community voting protocol makes it a lot easier for newbies in entertainment to be noticed or recognized. The icing on the cake is that even users will still earn rewards, while having fun makes this project absolutely worth it. I believe that people can plug into this project as it’s a wise strategic investment. Get inspired! Get involved!

For Further information, click the links below:

WEBSITE

INSTAGRAM

TWITTER

TIKTOK

TELEGRAM

YOUTUBE

Author's Information

Mr. Nate Kalu