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#Business to Business, #Internet All projects

Transcodium: Idle machine for file transcoding

A Decentralized Peer-to-Peer Media Editing, Transcoding & Distribution Platform

stage Ended crowdsale

4.3 Rating

by 9 users


    KPLs

    • Employees7

    Team

    7
    man Jeetendra Kumar

    CEO / CO-FOUNDER

    A cryptocurrency investor & enthusiast, as an angel investor, Jeetendra has helped many startups such as medianap from an idea stage to production stage, He knows when to invest and also works hand in hand with team members to achieve the goal.

    man Razak Zakari

    CTO / CO-FOUNDER

    With his vast knowledge in programming languages such as Java, Kotlin, Python, PHP, Javascript & Nosql Databases, Razak has worked on projects ranging from small to large scale in size such as geetmp3.com, medianap.com & playslack.com. He also designed the architecture for the cloud version of this product.

    man Abhishek Tiwari

    BLOCKCHAIN EXPERT / CO-FOUNDER

    Abhishek has 9years experience as a backend developer, frontend designer & a blockchain expert. As a blockchain enthusiast, He helped built the blockchain based Dapp for a global rewards network called ALLOY at Codemojo Limited, He also built this exact site you are surfing on.

    man Rushio Billings

    BACKEND DEVELOPER / BLOCKCHAIN EXPERT

    Rushio has 10+ years experience in scaling web architectures and building stable web systems. Building the first Caribbean bitcoin mobile ecosystem, Rushio has immense knowledge in the blockchain space.

    man Parvez Alam

    SECURITY ANALYST & SERVER ADMIN

    Recognized in the Microsoft Security Response Center (MSRC) Bounty Program Top 100 list of 2016 & 2017.He has also been acknowledged by Google, Sony, Microsoft, Yahoo, Alibaba, PayPal, Adobe, e.t.c. Parvez has trained more than 5000+ students by organizing seminars & workshops.


    Advisors

    5
    man John McAfee

    CHIEF CYBERSECURITY VISIONARY OF MGT

    British-American computer programmer and businessman. He founded the software company McAfee Associates in 1987 and ran it until 1994, when he resigned from the company. McAfee Associates achieved early success as the creators of McAfee, the first commercial antivirus software, and the business now produces a range of enterprise security software. The company was renamed to Intel Security in 2011 after being purchased by Intel, though the software still retains the McAfee brand name. McAfee's wealth peaked in 2007 at $100 million, before his investments plummeted in the global financial crisis that began that year.

    man Douglas Y. Park

    CO-FOUNDER AND MANAGING DIRECTOR OF WESTERN GATE CAPITAL PARTNERS

    Douglas Park is a corporate and securities lawyer who has been named to the Super Lawyers list in Northern California. His expertise is in complex commercial transactions, securities law, financing transactions, blockchain, initial coin offerings (ICOs), financial regulation.

    man Dean "Sakis" Karakitsos

    FOUNDER OF BLOQCHAIN

    Dean is a visionary innovator in disruptive technology development and business management with more than 20 years of experience bringing an industry-changing approach to designing and launching dynamic new technology products. His current company, Bloqchain Science, builds secure decentralized systems using blockchain technology for identity solutions, tokenization and smart contracts. In telecoms, he has signed more than 100 interconnection agreements with carriers around the globe and managed a streaming traffic over a billion mobile voice minutes. He is an advisor for TiVo and has implemented various heterogeneous Over The Top (OTT) Solutions.

    man Seadon Francis Pinto

    SENIOR SOFTWARE ENGINEER AT MICROSOFT

    At Microsoft, Francis is member of the Microsoft Accelerator team, a strategic partner for promising startups around the world focused on business growth & development, industrial strength technology and beautiful usable products. Building locally & scaling globally. They help smart companies take flight.

    man Ashish Kumar

    ADVISOR

    Ashish works as a Business Analyst in Accenture. He focuses on leveraging his specialization in Analytics for better insights and decision making while handling technology-based problems. His focus areas include identifying and developing use cases for leveraging emerging technologies, identifying improvement opportunities and supporting sales engagements.





    Crowdsale details

    Distribution of tokens
    • Crowdsale (72%)
    • Bonuses & Discounts (4%)
    • Advisors & Partners (4%)
    • Bounty (1%)
    • Team Members (10%)
    • Marketing (Present & Future), funding of trial accounts for customers & platform testers (9%)
    Budget allocation
    • Project Development (50%)
    • Company Expansion To Other Countries (3%)
    • Marketing & Brand Awareness (20%)
    • Operational Expenses (15%)
    • Legal & Insurance (10%)
    • Miscellaneous Budget (2%)
    Details Indicators
    Token Symbol TNS
    Full Token Name Transcodium Token
    Pre-crowdsale Start January 7th, 00:00 GMT+03:00
    Pre-crowdsale End February 28th, 00:00 GMT+03:00
    Crowdsale Start March 1st, 00:00 GMT+03:00
    Crowdsale End Hard cap is reached or April 30th, 00:00 GMT+03:00
    Crowdsale Hard Cap Fixed, $30000000
    Crowdsale Soft Cap Yes, $500000
    Domain registration date 2017-11-09
    Domain owner Jeetndra Kumar, Transcodium Inc., Kemp House, 160, City Road, London, UNITED KINGDOM

    Cost of the token

    1 token for 0.376 $

    Price without discounts

    Discounts and Bonuses

    Pre-crowdsale
    Discount Dates Minimum purchase amount
    30% January 07 — February 28, 2018 5.00000000 tokens
    Crowdsale
    Discount Dates Minimum purchase amount
    20% March 01 — April 30, 2018 6.00000000 tokens
    10% March 01 — April 30, 2018 22.00000000 tokens
    5% March 01 — April 30, 2018 25.00000000 tokens

    Accepted currency

    • Bitcoin
    • Bitcoin Cash
    • Ethereum
    • Litecoin


    Rate the project

    Estimate the project on a five-point scale or switch to the simple scale

    Five-point scale Simple scale

    Relevance of the problem and Market size

    1 2 3 4 5

    Product competitiveness

    1 2 3 4 5

    Founders, Team & Advisors

    1 2 3 4 5

    Budget allocation and roadmap

    1 2 3 4 5

    Token economy, Tokenization & Business model

    1 2 3 4 5

    Distribution & Lock up of tokens, Discounts for early buyers

    1 2 3 4 5

    Summary rate the project

    1 2 3 4 5

    Rate the project by other users

    9
    Phil Zander April 06, 2018
    Rating of project
    4.7

    Advantages

    Risks and disadvantages

    Comments

    Xiuli Wang April 05, 2018
    Rating of project
    4.0

    Advantages

    Risks and disadvantages

    Comments

    Natsumi Iwata April 04, 2018
    Rating of project
    4.2

    Advantages

    Risks and disadvantages

    Comments

    Lisa Dominguez April 04, 2018
    Rating of project
    4.3

    Advantages

    Risks and disadvantages

    Comments

    Ladislava Chernik March 27, 2018
    Rating of project
    4.3

    Advantages

    The system of compression and data processing allows to participate even with a smartphone capacity.
    Allows editing, converting and transfer of multimedia files on blockchain with high quality and sufficient processing power at a very affordable price.
    Accept BTC, ETH, LTC

    Risks and disadvantages

    Standard risks associated with ISO. Though the team is quite experienced in its business. So, if there is still good marketing and backing by strong partners and investors - everything can be fine.

    Comments

    The cloud transcoding market is predicted to grow to $7.5 billion in the next couple years. So, if the team can firmly take its place in the market using blockchain it could offer great opportunities to the company and to its investors too.

    Jordan Semanda March 24, 2018
    Rating of project
    5.0

    Advantages

    The team behind the project looks more than efficient
    With the growing number of social media users and need to share files over several media platforms makes Transcodium has limitless capabilities in this field.
    according to the statistics the project has received acceptance from the society and the prospective growth is extraordinary.

    Risks and disadvantages

    The project is relatively costly for an average user and more so for many startups that might cause a setback in adaptation.
    According to the stats from Traffic sources more ads need to be created.

    Comments

    Transcodium is a revolutionary project dealing with the fundamental problems facing sharing of media files and should be welcome by social media platforms, more so that it has API's that make it more convenient to use.
    Its the future of quality streaming and video sharing.

    Antony Smith March 22, 2018
    Rating of project
    4.2

    Advantages

    Nowadays the future of transcoding sphere is closely coupled with Blockchain technology. There is a need in such projects today and this particular ICO provides a lot of new opportunities to IT workers.

    Risks and disadvantages

    On the other hand, the project's coverage is pretty narrow. I understand that it is very hard to explain all technical features clearly for all the investors, but you should definitely try to facilitate informational weight. Try to add more charts and diagrams, improve your WP design and logo.

    Comments

    In general, these project looks perspective, but it's very hard to master the material of your WP.

    Denys Serhiichuk March 19, 2018
    Rating of project
    4.0

    Advantages

    Transcodium will allow its users to convert media files faster, cheaper and safer. In addition to converting, the platform will provide users with the tools for editing and distribution to third-party resources.

    Risks and disadvantages

    It remains unclear the purpose of the token, how it is going to used practically.

    Comments

    I think this project has future, its team is stong and among advisors they have John MCAFEE, who plays an important role in the crypto industry.

    Veronika Arbisman March 19, 2018
    Rating of project
    4.3

    Advantages

    Decreasing time and money wastes for companies on media files processing. Eliminates problems with server outage or downtime. No limitation for files formats. Provides possibility of earning for idle machines owners.

    Risks and disadvantages

    Will be needed an additional virus check of fails received from workers. Needs strong scheme of workers' checking to prevent files leaks.

    Comments

    Would be very helpful in the industry. One of the applications to be successful and in demand in industry.

    See more reviews

    FAQ

    FAQs

    What is Transcodium&?

    Transcodium aims to provide the first decentralized file transcoding & distribution platform on the blockchain.

    What is the TNS token/coin?

    TNS token/coin is the official Transcodium's virtual currency used on the Transcodium Platform.It is based on the Ethereum blockchain (ERC-20 Standard), Workers (Miners) will be paid with the TNS after a successful transcoding.

    What is Transcoding?

    Transcoding is the process of converting from one file format to a desirable and compatible format. A typical example is converting a word document to a PDF document.

    What is a blockchain?

    A blockchain is a continuously growing list of records, called blocks, which are linked and secured using cryptography. Read more.: https://en.wikipedia.org/wiki/Blockchain

    Which payment methods are accepted during the crowdfunding ?

    The accepted payment method includes Bitcoin, Litecoin & Ethereum

    What is the price of the TNS token?

    Prices for TNS coin/token:
    1 tns = $0.376 USD
    1 BTC = 27159.86666667 tns
    1 ETH = 2746.67666667 tns
    1 LTC = 496.68666667 tns

    Why the blockchain?

    The blockchain’s decentralized nature and goal of creating a more egalitarian internet support Transcodium’s business model of developing a more efficient transcoding ecosystem. Blockchain technology also enables the more efficient creation, transfer, and use of TNS tokens.

    Will there ever be any more tokens created?

    No, 120 Million is the total fixed supply of the TNS Token that will ever be available.

    Can I request for a refund?

    Refund will be issued only if the soft cap is not reached after the main ICO ends.

    What happens if the hardcap is reached before the token sale end date?

    The token sale will end and no further contributions will be accepted.

    What happens if the Hardcap is not reached and token sale ends?

    The remaining token will be burned hence shrinking the total supply.


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