Prosense.tv, a global leader in VR broadcasting recently announced an ICO to support the development of ProsenseLive. ICO opens on Nov. 3, 2017, at 10:00 a.m. PDT. Pre ICO starts on Oct 19, 2017.
Prosense is a well-known for broadcasting sporting, cultural and business events in virtual reality (VR) and the company has more than three years of experience in VR content production and technology development. The company was founded by Saint Petersburg, Russia entrepreneurs Stan Glukhoedov and Vladimir Bakuteev in 2015.
They have a working module with a handy and useful platform for filming, transporting and viewing professional VR broadcast. The company recently announced an ICO (Initial Coin Offering) to support the development of their new venture ProsenseLive at the Blockchain Solutions Forum event in Barcelona, Spain.
What’s ProsenseLive, Business Model and VRP Tokens Use Case?
Their main motive to develop ProsenseLive is to develop the next generation global decentralized platform for VR live video streaming.
The ProsenseLive platform will enable any manufacturer of VR-content be it a professional studio or amateur enthusiast to render content to viewers in real time. To handle the process of encryption, transcoding and delivery of content, there would be a decentralized network of Prosense Nodes partners. These Prosense Nodes partners will be reimbursed with VRP tokens.
ProsenseLive will address the following by the use of blockchain:
- Automatic payments for content with the use of Blockchain, which assures automatic payments from a user to a content provider.
- Economical option and less costly for content providers.
- Protection from piracy.
- Impossible to block since decentralized distribution system of content delivery removes any possibility of the content being blocked by a third-party.
Finance Minutes connected with the company’s founder and CEO, Stan Glukhoedov. He briefed us about the ProsenseLive and stated:
Live events is one of the most popular applications of VR technology and the market is expected to exceed $75 billion by 2021 and grow to $4.1 billion by 2025,” said Stan Glukhoedov, chief executive officer of Prosense.tv. “However, currently there is a lack of adequate infrastructure to accommodate the massive file transfers that need to happen to deliver an excellent end-user experience to audiences at scale. Our new platform, ProsenseLive, will provide content creators a more affordable and scalable distribution solution.
With ProsenseLive, we aim to transform broadcast technology from the traditional centralized stack to a decentralized, global peer-to-peer model,” said Stan Glukhoedov, chief executive officer of Prosense.tv. ProsenseLive’s peer-to-peer livestreaming platform is built on blockchain technology to ensure transparency, confidentiality and security as well as a fair distribution of revenue.
You can read the whitepaper with this link.
You can read the one pager with this link.
ProsenseLive ICO Details
ProsenseLive ICO opens on Nov. 3, 2017, at 10:00 a.m. PDT. Pre ICO starts on Oct 19, 2017.
First day ICO minimum amount is 0.1 ETH and bonus offered is 10% only for whitelist members.
Maximum financing: $30 million
Token type: utility token
Total number of tokens at launch: 720 million
Currency to which the ICO is linked: USD
Exchange rate: 1 VRP = $0.1
Token contract address: TBD (will be published through various channels 48 hours prior to the date on which the general sale begins)
Date and time of launch: 8:00 AM PST, November 3th, 2017
ProsenseLive Pre-ICO Details
ProsenseLive Pre-ICO opens on Oct 18, 2017. Bonus offered in the Pre-ICO is up to 25%.
20 000 – 50 000 $ — 15%
50 000 – 150 000 $ — 20%
>150 000 $ — 25%
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