Friday, September 24, 2021
Home News JBOX Announces Initial Coin Offering for Blockchain-Powered Decentralized Video Platform

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

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.

Richard Kasteleinhttps://www.the-blockchain.com
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, the Netherlands where he has set down his anchor to raise a family and write. Founder and publisher of industry publication Blockchain News (EST 2015) and director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He has written over 2500 articles on Blockchain technology and startups at Blockchain News and has also published in Harvard Business Review, Venturebeat, Wired, The Guardian and a number of other publications. Kastelein has an Honorary Ph.D. and is Chair Professor of Blockchain at China's first blockchain University in Nanchang at the Jiangxi Ahead Institute software and Technology. He has over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division. Kastelein has spoken (keynotes & panels) on Blockchain technology at over 50 events in 30+ cities.
- Advertisment -

Most Popular

Latest News