JBOX Announces Initial Coin Offering for Blockchain-Powered Decentralized Video Platform

JBOX Users Earn JBX Tokens for Both Watching and Uploading Videos

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JBOX, a decentralized video streaming application that incentivizes users for both uploading videos to its JBox Platform and also for viewing videos on its JBox platform in exchange for JBX coins, today announced their Initial Coin Offering. The JBOX ICO funds will be used for upgrading the JBOX platform server, as well as enhancing platform upload and playback speeds.

“Today’s primary video upload platform is YouTube, which does not have any real competition and doesn’t incentivize video creators for uploading video content, nor viewers for watching video content. With JBOX’s innovative new Proof of Watch and Proof of Upload (POWATCH and POUPLOAD) technologies, consumers all over the world can enjoy the experience of immersing  themselves in video content, while earning JBX tokens based on the length of the videos watched or uploaded,” said JBOX founder and CEO Julius Jamani.

The JBOX ICO commences November 8, 2017 at 9 AM Eastern Time, and concludes on December 8, 2017. The JBOX token is based on the Ethereum blockchain and the Ethereum ERC20 standard. For more detailed information about the JBOX ICO, please visit https://www.jboxcoin.org/#ico.

The JBOX platform will empower consumers to upload and watch JBOX video content via web app and mobile apps.

“Soon we will expand and enhance the JBOX platform so that users can even upload or watch 3-D videos through the JBOX 3-D video decoder,” said Jamani.

About Richard Kastelein

Founder of industry publication Blockchain News, partner at ICO services collective CryptoAsset Design Group (helped raise over $200m+), director of education company Blockchain Partners (Oracle Partner) and ICO event organiser at leading industry event  CryptoFinancing (first ICO event in Europe) – Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of half a dozen Blockchain startups and has written over 1200 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.
 
Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London, Manchester, Minsk, Nairobi, Nanchang, San Mateo, Shanghai,Tel Aviv and Venice. His network is global and extensive.
 
He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He’s written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com and his work and ideas have been translated into Dutch, Greek, Polish, German and French.
 
A journalist by trade, an entrepreneur and adventurer at heart, Kastelein’s professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he’s travelled for nearly 30 years as a Canadian expatriate living around the world.
 
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, “The Hitchhiker’s Guide to the Seas’ travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he’s raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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