Technology company, YIZOOT, has just announced the launch of the first tokenized video geo-platform, powered by the blockchain, enabling brands, content creators and viewers to collaborate without expensive middlemen.
YIZOOT is reinventing the video landscape with geo-channels—where each video channel is connected to a discrete hexagonal area on YIZOOT World and validated on the Ethereum Blockchain. These geo-channels, which include the world’s premier locations, such as the Eiffel Tower and Walt Disney World Resort, are available for anyone to buy.
The new media platform is designed to deliver a rich, location-relevant, interactive user experience. It will be available to the public worldwide, and the launch starts with the YIZOOT Pre-Token Offer from the 30th April to the 28th May 2018.
What differentiates YIZOOT from traditional video-based advertising models is that geo-channel owners and content creators have complete control over their channels. Not only will they be able to bypass the costs and logistics of having to use a middleman, they will also be freed from censorship regulations imposed by global video platforms.
The brand – video creator – viewer relationship chain on YIZOOT encompasses the following processes: Video creators can upload content to their own and/or targeted third party geo-channels, with the latter having the final say. Video creators also have the option to allow videos to be automatically uploaded to the geo-channels which they own. Advertisers bid for the placement of ads on specific geo-channels, and align bids to specific themes and genres via the advertising portal which has an Intelligent Pairing Protocol Engine.
Viewers can browse videos via an innovative, geographic YIZOOT World interface. The user experience can be enhanced by YIZOOT’s proprietary Interactive Video Format (IVF), which links videos to geo-relevant supplementary information/entertainment using criteria set by geo-channel owners. Video creators can also shoot and craft Augmented Reality (AR) videos that speak to their audiences in an engaging way using YIZOOT’s revolutionary mobile phone app, accessible on both iOS and Android devices.
Career content creators used to be held back by issues such as trust and transparency. The blockchain, being transparent as to who owns what, and secure and dependably neutral, will enable content creators to create engaging channel content, coupled with compelling advertising, that is relevant to audiences and fully endorsed by channel owners.
In the process, advertising fees will flow to all the participants making the YIZOOT ecosystem tick – the geo-channel owners, video creators and viewers.
About the YIZOOT Token Offer
200 million YIZOOT tokens will be issued, of which 100 million (50%) will be made publicly available. Of these, 40 million will be made available during the Pre-Token Offer, starting on the 30th of April.
Another 45 million tokens will be set aside as a reserve for an Incentive Fund, to encourage and reward content creators to bring their videos across to YIZOOT. YIZOOT has also unveiled a bounty program that remunerates anyone who helps to create awareness about YIZOOT. Whether they like YIZOOT on Facebook, sign up for the newsletter or blog about the token sale, participants can earn YIZOOTs for each action from the 5 million tokens allocated for this. All unsold tokens will be burned when the Token Offer expires.
As the start of the Pre-Token Offer approaches, those interested are invited to reserve their geo-channels on the world’s premier locations at yizoot.com/world, with no obligation to purchase them later.