Transcodium
Transcodium
Token: TNS


Blockchain based Transcoding Platform

ICO dates
Start date: 2018-01-07
End date: 2018-02-28

Registrated in: UK

Platform: Ethereum
Type: ERC20

PREMIUM ICO

Transcodium categories
Software Platform Internet Cryptocurrency Business services
Video
Transcodium token sale
KYC passing required No | Whitelist No | Restriction for countries No
Soft cap 500,000 USD
Hard cap 30,000,000 USD
Tokens for sale 86,400,000
Token distribution in ICO
72%
72%
Price 1 TNS = 0.376 USD
Acceppting ETH, BTC, LTC
Transcodium news, social
Transcodium search trends in Google
Random whitepaper excerpts

and hereby disclaims, any representation, warranty or undertaking in any
form whatsoever to any entity, person, or authority, including any
representation, warranty or undertaking in relation to the truth, accuracy
and completeness of any of the information set out in this Whitepaper. You
should contact relevant independent professional advisors before relying
or making any commitments or transactions based on the material
published in this Whitepaper.
This Whitepaper is not subject to any legal system and is not governed by
any law. No regulatory authority has examined or approved of any of the
information set out in this Whitepaper, and no such action has been or will
be taken under the laws, regulatory requirements or rules of any
jurisdiction. The publication, distribution or dissemination of this
Whitepaper does not imply that the applicable laws, regulatory
requirements or rules have been complied with.
You don’t have the right and shouldn’t buy TNS tokens if you are a citiz...

acceptance investment decisions. This Whitepaper doesn’t oblige anyone to
enter into any contract, to take legal obligations with respect to the sale or
purchase of TNS tokens, and to accept any crypto currency or other form of
payment. Potential owners of TNS tokens are advised to contact relevant
independent professional advisors, on the above matters.
Certain statements, estimates and financial information contained herein,
constitute forward-looking statements or information. Such
forward-looking statements or information involve known and unknown
risks and uncertainties, which may cause actual events or results to differ
materially from the estimates or the results implied or expressed in such
forward-looking statements. Further, all examples of calculation of income
and profits used in this Whitepaper were provided only for demonstration
purposes or for demonstrating the industry's averages. For avoidance of
doubt, nothing contained in this Whitepaper is or may be relied upon as a

ABSTRACT
Transcodium aims to provide the first peer-to-peer blockchain based and
decentralized media transcoding, editing and distribution platform with
high quality and reliable computational power at a very affordable price.
This will create a global market for users, willing to rent their idle machines
to be used as workers (miners). Further, at the end of the transcoding
process, the worker (processor) will be rewarded with the TNS token.
Transcodium started as medianap in 2015 with a visual cloud transcoding
and media editing platform, but went out of business due to the high cost of
cloud servers, we could not compete with the existing platforms and had to
switch to another business. In 2016, our team decided to look into the
project again but this time using the blockchain and decentralization
technology. Unlike the previous platform, Transcodium’s network will be
fully automated without human intervention.

Click here to try our product
or

<...

The global video streaming software market size is
expected to grow from USD 3.25 Billion in 2017 to USD
7.50 Billion by 2022
1
Transcodium will tackle all the 3P’s (Privacy, Pricing, and Processing
Power) in an instance, there will be no limit on how much processing
power Transcodium will be able to generate from its network.
Transcodium network will be available to its target customers in a more
cheaper price than the current market price.
Transcodium's unique algorithm will enable the conversion of media files
in a supersonic speed by splitting large media files into very tiny chunks
and thereafter will be encrypted, compressed and sent to workers (idle
devices) to process. Due to the lightweight of each chunk, these tasks will
be transferred and processed at a very fast speed, even smartphones will
be capable of processing them. Tokens will be rewarded to any worker who
completes its task before the allocated timeout.
Do You Know: 87% of online marketers use video ...

TABLE OF CONTENT
01.
Introduction
02.
Identified Problem
03.
Outlined Solutions
04.
General Structure
05.
Transparency
06.
Proof of Stake
07.
Proof of Conversion
08.
Workers
09.
Customers
10.
Developers
11.
Open Source
12.
Transcodium Token ( TNS )
13.
Token Sale
14.
Token Distribution
15.
Bonus & Discounts
16.
Funds Allocation
17.
Team
18.
Roadmap
19.
Risk Factors
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...

INTRODUCTION
Recently, the world has seen a remarkable improvement in the media
industry, i.e. from video advertising to media streaming, however, due to
the high cost of cloud transcoding services, it has been very challenging for
startups and companies on a low budget who needs these services.
Since the emergence of cloud technology, the transcoding industry has
grown at a very large scale. We are well known to companies like Netflix,
Amazon Prime, Vimeo, Youtube, and e.t.c, who transcodes terabytes of data
on daily basis, investing a large amount of their revenue on media file
conversion. The current report also predicts that, by the year 2019, the
transcoding market will grow by

15 percent CAGR globally

, which reflects
a huge scope to flourish.
The concept of transcoding has always been limited to the conversion of
video and audio files, however, it has the larger extent to take any type of
file like PDF, HTML, Word Document and converts it in...

of the final output to multiple social media or storage platforms which the
initiator (customer) will be charged for.
Did You Know: One-third of online activity is spent watching
a video.
3
IDENTIFIED PROBLEMS
With the current cloud transcoding platforms, the following problems and
limitations were identified:

Cloud transcoding platforms are too expensive and are scaring away
startups, who require their services. Existing companies have to
spend more than half of their income just for processing these media
files, which is not encouraging.

Long processing time due to limited hardware. Cloud transcoding
platforms has a hard limit on hardware, therefore, all the files to be
processed are queued, until their time is due for processing, which
causes frustrations on the customer’s side waiting for processing.

Due to the centralized nature of the platform, a server outage or
downtime can cause failure of the whole transcoding proces...


Transcoding will not be limited to audio and videos only, but also
other file formats such as images and documents.
Did You Know: By 2019, internet video traffic will account
for 80% of all consumer Internet traffic
4
GENERAL STRUCTURE
The integrity will be maintained by the proof of conversion. To get the
reward, the peer has to submit a proof of conversion before the assigned
timeout else the network will mark the task as aborted. Human interaction
is not required for completion of the entire transaction.
The transcoding process starts when a master node receives a request from
the initiator, the master node will then analyze the file, split large media
files into smaller chunks, encrypt them and distribute them to idle workers
with instructions.
These chunks will be so small that they will be transferred to the worker in
a little amount of time even on a slow internet connection. Due to the little
size of this chunk, smartphones will be capable of processi...

Transcodium Roadmap

1
2015
First Cloud version of platform created
2
2016
- Decision to adopt blockchain & Decentralized technology over centralized cloud
- Research & Analysis into the blockchain & Decentralization technology
- Drafting of white paper
3
2017
- Company Registration & Legal Processing Commenced in UK
4
2018
- Token Pre Sale
- Public ICO starts
- Development of wallet (with built in exchange and miner) for major platforms (Android, Windows & Linux)
- Development of master node application for major platforms
5
2019
- First beta testing of platform & the provision of fully paid premium accounts for investors,token
holders, brands, startup to try the platform for 1 month.
- Production commence for the platform
Jeetendra Kumar
Jeetendra Kumar CEO / CO-FOUNDER

Razak Zakari
Razak Zakari CTO / CO-FOUNDER

Abhishek Tiwari
Abhishek Tiwari BLOCKCHAIN EXPERT / CO-FOUNDER

Rushio Billings
Rushio Billings BACKEND DEVELOPER / BLOCKCHAIN EXPERT

Parvez Alam
Parvez Alam SECURITY ANALYST & SERVER ADMIN

Imran Khan
Imran Khan MARKETING MANAGER

Rupsa Sheal
Rupsa Sheal ENGAGEMENT COORDINATOR

Douglas Y. Park
Advisors Douglas Y. Park CO-FOUNDER AND MANAGING DIRECTOR OF WESTERN GATE CAPITAL PARTNERS

Dean Karakitsos
Advisors Dean Karakitsos FOUNDER OF BLOQCHAIN

Seadon Francis Pinto
Advisors Seadon Francis Pinto SENIOR SOFTWARE ENGINEER AT MICROSOFT

Ashish Kumar
Advisors Ashish Kumar ADVISOR

Dean Karakitsos
Dean Karakitsos
FOUNDER OF BLOQCHAIN
Founder, Bloqchain Science New York, USA
Founder of
Business management
Advisor in New York, USA
Futurist, Founder - Bloqchain Science
Advisor, ICO Consultant
Advisor
Top 30 ICO investor on ICO Bench, Founder of Bloqchain Science
Chief Product Architect