What is OnLive ?
The OnLive Platform revolutionises both the video broadcast and remote consultations markets. It offers unlimited scalability and availability utilising Blockchain Technology and a completely decentralised Peer-to-Peer network. Anyone can contribute to the system if they have the processing power and bandwidth. Smart incentivisation of these contributions guarantees decentralisation and creates a new economy driven by ONL tokens.
Onlive network is a live video streaming platform based upon blockchain that enables users to render services to anyone anywhere, thereby becoming a broadcaster who earns money for presenting valuable content in different business models like PPV, PPM, In-Stream Payments. This platform creates a large blockchain system that aids the service sales via live broadcasts as well as place for live stream contents to be sold at an affordable price to a broader audience. Blockchain also enables complete decentralization, high scalability and open market on our platform, for worldwide live media broadcasts that are uncensored. In 2015, $30.9 Billion is the value of global video streaming market for live services. This value is expected to rise to $123.2 billion in 2024. We have a goal of becoming the leader of the live advising platform market with an ever-present team of specialists (unlike the offline world where a challenging and costly face to face contact with a professional is required to get important advice) as well as ready valuable content that aids easy access to their knowledge. Onlive combines 3 marketplaces into a single product. These markets are Live broadcast (which enables service providers to deliver HD live broadcasts to unlimited numbers of viewers, billing on pay-per-minute and pay-per-view models and scheduling future live broadcasts), Live Services (which allows the scheduling of live broadcasts, broadcasting in HD quality in real time, convenient billing, chat and dedicated offers, ONL tokens payments), and Transcoding and Relay Node market (gives all Onlive network users the possibility of making money by utilizing their computing power for relay and transcoding operations). On our platform, blockchain is used to control transactions and tokens and also for real-time communication, trading and dealings.
HOW ONLIVE WORKS
- A proprietary channel is created by a creator or service provider, through which live services can be sold 1:1, 1:8 or 1:many in PPV,PPM,PPD, etc. with a smart contract signed for transcoding and relaying services
- Customers pay for services that are completed and for access to different video live broadcasts
POSSIBILITIES ON ONLIVE.TV
- It is a first-rate means for users to quickly get help from many professionals or partake in live events happening worldwide.
- It allows anyone (individuals, companies, large enterprises) with internet access to become an Onlive.tv user
- It is a system that charges users for only rendered services
- Onlive.tv has relevant tools and functions that satisfies both viewers and broadcasters needs
Onlive commercial success is achieved through steady growth of new Buyers and Sellers, Cost of Customer Acquisition, Recurring Cost of Service, and Customers Lifetime Value.
FEATURES IN THE ONLIVE SYSTEM
- Service Provider – For anyone who has any skill that can sell through our system and create private offers
- Broadcaster - Produces and broadcasts the content to the network
- Transcoder - Performs the job of transcoding the stream into other formats and can also be a Relay Node
- Recipient - Watches streams in a designated quality and format and buys live services and content
- Open Network – Allows everyone to join OnLive Network and play the role they want if they satisfy the technical and economic qualifications
- Relay Node - Transmits the stream to Recipients with or without transcoding it
ONLIVE SUBSCRIPTION PLANS
Users can give access to their content based on a monthly subscription model, thereby getting huge profits from it. In-window payments system can also handle subscriptions, as videos (live or on-demand) can be accessed through these payment options.
ONLIVE DONATIONS AND TIPS
Users can get tips from offer systems and booking systems, and loyalty programs, during broadcasts, thereby providing an additional income source. Live broadcasters can also receive tips from fans during live broadcasts.
ONLIVE ADVERTISING
Potentially, advertising can be a profitable income source, though large viewership is important for advertising. Onlive is integrated with VAST standard video advertisement services and with our in-built advertising system, creators will have the possibility of making profit from advertisements. Note that this function is designed for a centralized version of Onlive.
ONLIVE TOKEN (ONL)
Onlive token -ONL is based on the Ethereum ERC20 standard and has a limited supply. It is theonly method of payment within the Onlive network. ONL token is used by users to pay broadcasters for their provided content or for one-to-one online video-services, to Transcoders for transcoding services and to Relay Nodes for broadcasts. It is integrable with decentralized and traditional exchanges and ONL has a maximum supply of 111,000,000 ONL with an exchange rate of 1000 ONL to 1.1466 ETH. The Onlive Network version 1.0 allows instant ONL token transactions that is cost free. A sign-up increase by users determines an increase in the utility of ONL tokens. The ONL token can be used as a mechanism for value transfer between users within the OnLive Network and on sites using the OnLive technology. Pre-ICO starts on 22nd January, 2018 and closes on 22nd February, 2018 with 12,210,000 ONL tokens available with a hard cap of 14,000 ETH. ICO begins on 11th March, 2018 and closes on 11th April, 2018 with 61,050,000 ONL token available and a hard cap of 100,000 ETH
TOKEN ALLOCATION
55% - ICO
11% - PRE ICO
11% - ONL Wallet (Reserve)
11% - Founders (lock)
6% - Bounty Marketing
5% - Advisors
1% - Legal insurance
USE OF PROCEEDS
3% - CAPEX
8% - Marketing team
19% - Marketing ad
9% - Marketing other
11% - Loyality Program
6% - RCS - support team
31% - RCS -developers team
5% - RCS -other costs
6% - Board & Administrative team
2% - other costs
ONLIVE STEP BY STEP BROADCASTING
- Broadcaster signs a contract for transcoding and relay services
- Broadcaster begins streaming
- Relay Nodes assure transmissions scalability
- Recipients decide whom to buy the broadcasts from
ONLIVE STEP BY STEP LIVE SERVICES
- Service provider creates an offer
- Security and protection of transactions (resolving issues with an order)
- Recipients decide from whom to buy an offer
ONLIVE TOKENS FLOW
- Recipients pay for broadcast and transmissions costs
- Broadcaster pays the Initial Transcoding Fee
ONLIVE NETWORK SECURITY (TRANSACTION AND CONTENT SECURITY)
- Content security -Broadcasters contents are encrypted such that it can only be decrypted by chosen Transcoders and Recipients who have paid for the transmission.
- Transactions Security - Blockchain and Smart Contracts are used to secure transactions between all parties
DEVELOPMENT STAGE 0.1 OF THE ONLIVE NETWORK PROJECT
- Payment options
- ONL Token as a method of payment on the OnLive platform
- Messaging platform
- Wallet
- Verification
- My calendar
- Channels
- Escrow System and Dispute Resolution
- System of Bonuses and Awards
- Reputation System
DEVELOPMENT STAGE 0.2 OF THE ONLIVE NETWORK PROJECT
- 1-to-1 transmissions and Smart Contracts
DEVELOPMENT STAGE 0.3 OF THE ONLIVE NETWORK PROJECT
- Full Decentralization
- Limitations of Ethereum Blockchain
ROADMAP
Q1 2018
Bulking up marketing and communication activities connected to the platform. Create Team.On.Live Launch of Pre ICO and ICO - Token distribution, waiting for registration of tokens on crypto exchanges. Preparation for launching the platform On.Live.
Q2 2018
Launching the platform, recruiting the first critical mass of users / broadcasters in the UK and US. Launching a one-to-one broadcast module (WEB), PPV, PPM, PPD, PPE Escrow, Smart Contract, ONL Market, Pay.On.Live,Partnerships.ONL token is an integral element of the OnLive Platform. It is used as a fee currency of broadcasts and it is the only payment option.
Q3 2018
Launch one to many broadcasts (WEB), public broadcasts (centralized version), all Pay models.Looking for Transoding partners all over the world.
Q4 2018
Generic widening of activity into new sectors increases the number of users / broadcasters, setting up additional language versions. Setting up the version of mobile version (IOS and Android) of the application for one-to-one module. Real time Smart Contract, ESCROW, Pay.On.Live.
H1 2019
Decentralized, open one on one a live streaming ecosystem. enable one-to-one transmission and build any onlive-based application. Decentralized, open one on one a live streaming ecosystem. enable one-to-one transmission and build any onlive-based application.
H2 2019
OnLive one to many public broadcasts, code open for everyone. Allow any broadcaster to send a live video into the network, transcoded into various formats and bitrates and sell it.
H1 2020
Full Decentralized Live services and any public broadcastsno censorship.Allow participants to contribute their processing power and bandwidth in service of transcoding and distribution of video, and to be compensated accordingly.
For more Informations:
Author: bakso.super
ETH: 0x0A39Baaa338F9F1f5f5b4e52f82095d0dD7c94D8
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