October 9th, 2017 at 11:51 am UTC · 4 min read
Prosense.tv, a global leader in broadcasting sporting, cultural and business events in virtual reality (VR), has teamed up with ICOBox, the premier provider of SaaS solutions for conducting ICOs, to provide technical, legal and marketing services for its ICO campaign. The ICO campaign, which will support the development of ProsenseLive, the world’s first decentralized peer-to-peer (P2P) livestreaming platform for the distribution of VR content, opens to the public on Nov. 3, 2017 at 10:00 a.m. PDT and closes on Dec. 28, 2017 at 9:00 a.m. PST.
Prosense.tv is an established Moscow-based company founded in 2015, that provides a full range of VR broadcasting services and has successfully produced more than fifty projects for large global brands including Google, Samsung, Ikea and Coca-Cola. Relying on ICOBox’s support with technical, legal and marketing services for its ICO campaign, Prosense.tv aims to transform broadcast technology with the introduction of ProsenseLive.
“We were impressed with ICOBox when they released their Q2 analysis of cryptocurrency and ICO market and they provided us a methodological and detailed explanation of how to run an ICO providing previous examples of its successful campaigns,” said Stan Glukhoedov, chief executive officer of Prosense.tv. “We are confident about our ICO campaign with our partnership with ICOBox and goal to change broadcast technology from the traditional centralized stack to a decentralized, global peer-to-peer model.”
Through coordination and economic incentives in a blockchain based protocol, ProsenseLive will offer professional and amateur producers of live VR content an affordable distribution solution that is more scalable, resilient to failure and less censored than existing options.
“Live events is one of the most popular applications of VR technology and the market is expected to exceed $75 billion by 2021 and grow to $4.1 billion by 2025,” said Glukhoedov. “However, currently, there is a lack of adequate infrastructure to accommodate the massive file transfers that need to happen to deliver an excellent end-user experience to audiences at scale. Our new platform, ProsenseLive, will provide content creators a more affordable and scalable distribution solution.”
The platform’s P2P architecture leverages the computing resources of the entire ProsenseLive network and enables streaming capacity to grow proportionately with demand. User’s computers interact and connect to form a node, allowing computers to upload and download from one another. Nodes in the network will earn Prosense Token VRP for contributing processing power and bandwidth to process, transcode, encrypt and distribute VR video through the network and for complying with the strict security protocol.
Prosense Token VRP is a secure, internal currency that will be used by viewers to pay providers directly for the live content they want to experience. A percentage of each transaction will go to the associated node owners as an added incentive for participation.
As part of its ICO, Prosense.tv will offer 720,000,000 tokens at a base price of $0.10 USD each. Tokens will only be issued during the ICO, any that remain undistributed after close will be eliminated.
For more information about the ICO, ProsenseLive development roadmap and to apply for the Whitelist, visit https://ico.prosense.tv/, or participate in the conversation on Telegram, Medium, Facebook and YouTube.
About ICOBox
Founded in 2017, ICOBox offers fixed-price packages to projects looking to sell their products and services via tokens. ICOBox provides technical, legal, and marketing services as part of its Fixed-Price Service Package. ICOBox was founded by three blockchain visionaries: Nick Evdokimov, a co-founder of SeoPult, a former CEO of AdInTop and a co-founder of Cryptonomos, Mike Raitsyn, a serial entrepreneur, and Anar Babaev, a Head of Digital Marketing at Cryptonomos. Details on ICOBox can be found at www.icobox.io and details of ongoing ICOS ICO at icos.icobox.io. For more information, please e-mail [email protected] and to submit a project, visit: https://cryptoform.typeform.com/to/zzXaZo.
About Prosense.tv
Prosense.tv, founded in 2015 by Saint Petersburg, Russia entrepreneurs Stan Glukhoedov and Vladimir Bakuteev, is a global leader in sports, cultural and business event broadcasting in virtual reality. The company offers a full range of products and services including proprietary VR film equipment, pre and post-production software and an extensive list of distribution channels, including its branded app for VR devices. Prosense.tv has a powerful research and development lab to further innovation and owns more than a dozen patents.