QUADCORECHAIN. White Paper ver.1

Transcription

1 QUADCORECHAIN White Paper ver.1

2 INTRO QuadCoreChain is designed to be a smart contract, crypto currency platform, decentralizing Live Streaming of Video. The platform ecosystem is to create favorable conditions within the platform for streamers so that they would able to transfer their fan base from the existing streaming platforms, attracting a seed audience to the platform.

3 Blockchain The blockchain also known as the trust protocol is a technology that aims to keep records of permanent transactions and tamper evidence. They have the function of creating a global index for all transactions that occur in a particular market. The network is decentralized which means that there is not a single point of failure in the system. The blockchain is the main technological innovation of bitcoin since it is the proof of transactions on the network. Ethereum Ethereum is the platform capable of executing intelligent contracts, using blockchain technology and generating the storage of encrypted records, which can be validated and verified by the user.

4 Smart Contract A smart contract is a computer protocol made to facilitate, verify or reinforce the negotiation or performance of a contract, being able to be executed or enforced on its own. Smart contracts are written as a programming language code, which are run on a computer, rather than written on a legal language paper. In these codes, strict rules and consequences are defined, just as a legal document would do, declaring the obligations, benefits and penalties that can occur in several different circumstances. In addition, unlike a traditional contract, a smart contract is able to obtain information, process it according to the rules set out in the contract and, as a result, take the appropriate actions provided on it. The configuration and compliance of the terms of agreement are made by small contracts, through the use of computer codes.

5 Market Global Video Streaming Market was valued at $30.9 Billion in 2015 and is estimated to grow at a CAGR of over 16% from 2017 to The global video streaming market is set to grow rapidly from USD 30.9 billion in 2015 to reach USD billion in The video streaming services are majorly used for watching live events, television shows, music videos, educational content, for video calling and to meet various other requirements.

6 The Benefits of Decentralization When technology is centralized, it typically means that it is controlled and run by a single company, government, or individual. Decentralized technology on the other hand, is run by a network of participants that no one actor can control or shut down. Here are some benefits of decentralization: Users don t have to put trust in a central authority. We trust companies and governments with our information and money all the time, and it is completely ok to make these decisions on a case by case basis. But we see plenty of examples where this trust lets us down to varying degrees, ranging from the product that you trusted to backup all your photos getting shut down when the startup gets bought or goes out of business, to the social media company selling your data to advertisers who follow you around the internet. In a well-designed decentralized network, you should be able to reduce or eliminate the trust that you re required to put into third parties. There is less likely to be a single poin t of failure. We see single points of failure all the time in the form of outages of centralized web sites. Gmail goes down and productivity halts as you can t get your . Your bank s web site shuts down for maintenance and you can t do an online trans fer to pay your bills. In decentralized networks, no one node going down can take down the entire network, so no matter how many users come and go, your applications should remain up and running.

7 Decentralized networks can be more meritocratic. The best product, service, or content should be more likely to be recognized and rewarded over time when everyone is playing by the same, transparent rules. If traffic, attention, and economics are distributed instead behind a closed, centralized algorithm, it s possible that the system is less meritocratic. Decentralized networks are more likely to be open development platforms. This means that anyone can build amazing tools, products, and services on top of decentralized networks. Contrast this with centralized technology which is more often closed off with intentionally limited development opportunities. Open and decentralized doesn t mean that companies can t make money. In fact, it means the opposite, as the more great products and tools that are built, the lar ger the network effects are locking users into the network, and therefore the more opportunities to build great businesses on top. The world wide web itself is a great example of an open network, in which many great businesses such as Amazon, found opportunities to grow enormously due to the network effects of all the great things being built on top of the network. Why Live Stream? Live streaming provides a sense of excitement for your audience. The live stream itself is inherently about community. It makes your customers feel inclusive and exclusive simultaneously.

8 BENEFITS OF VIDEO LIVE STREAMING Live streaming grows your audience. The internet is an immeasurably large place. A live streaming event gives access to consumers who wouldn t have otherwise participated in the announcement, forum, question & answer session, or whatever event your business chooses to host. Live streaming reduces costs. Some companies use live streaming as part of their training programs to train new employees. Everyone receives the same training and product information at the same time, thereby saving the company s money. Also, when hosting a live event, consider the cost of travel, lodging, and security. Opting to live stream an event and downgrade the live event itself can save a lot of money. Reduced costs mean increased revenues. The time and money saved allows you to spend more time and resources growing your brand and promoting your products. Audience interaction. Face to face time with consumers allows businesses to humanize themselves and connect with their audience. You can more effectively tell your brand s story. For businesses that engage in live streaming events with question and answer sessions, this allows the viewer from home to participate.

9 Mobile Version: Live Streaming Will Be Available On:

10 Web Version: In our platform you will be able to enjoy all th e advantages of a Live Streamer to interacting with friends, companies and celebrities. Companies will be able to announce their products or advertising campaigns via Live Streaming Video using the QuadCoreChain Live Streaming Video platform.

11 QuadCoreChain Token (QUAD) Token Information Name: QuadCoreChain Type: Ethereum ERC20 Token Standard Symbol: QUAD Token Decimal 8 Total Supply: 500,000,000 Token Distribution Total Supply 100% 500,000,000 Token Sale 40% 200,000,000 Marketing/Airdrop/Promotion 20% 100,000,000 Development Fund 20% 100,000,000 Team Fund 20% 100,000,000

12 Total Supply: 500,000,000 QUAD Team Fund 20% Token Sale 40% Development Fund 20% Marketing Fund 20% Token Sale Marketing Fund Development Fund Team Fund SMART CONTRACT ADDRESS: 0xe0e705c9bff67188a79dc5f59f0b a

13 FIRST PHASE OF ROADMAP

14 COMMUNITY OFFICIAL WEBSITE