Media Network
MEDIA
Explore Media Network
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Investment Risk
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About Media Network
MEDIA is a Solana token for the Media Network, a new protocol that foregoes traditional centralized CDN approaches and opts for a self-governed, open-source solution. Users can monetize spare bandwidth resources and earn MEDIA in exchange for their contributions.
Resources
Media Network is a new protocol that aims to decentralize the traditional approach of Content Delivery Network (CDN) providers. It strives to create a self-governed and open-source solution where everyone can participate. The protocol seeks to establish a distributed bandwidth market, enabling service providers such as media platforms to hire resources from the network and dynamically adjust as the demand for last-mile data delivery fluctuates. Media Network aims to allow anyone to serve content organically without any trust assumptions or pre-authentication requirements. Participants in the network may receive MEDIA tokens as compensation for their bandwidth contributions. These tokens are a fixed supply SPL token minted on Solana’s Blockchain.
Media Network operates as a decentralized hub for web services, connecting providers and clients through smart contracts. It allows service providers to hire resources from the network and dynamically adjust as the demand for data delivery shifts. The network participants, whether they are clients consuming web services or providers supplying web services, interact using the MEDIA token. This token serves as the medium of exchange between clients and providers, powering the network's economy. Providers need to hold MEDIA LP tokens to provide services. An innovative burn mechanism is activated with each deal, infusing dynamism into the system.
Media Network has a wide range of potential use cases. It may be used by media platforms and other service providers to hire resources from the network for data delivery. This eliminates the need for third-party facilitators.The network also aims to allow anyone to serve content organically, which can be particularly useful for content creators and distributors. Additionally, the MEDIA token may be used in exchange for web services, creating a self-sustaining economy within the network. The Media Network App serves as an intuitive front-end interface for accessing the features of the Media Network protocol, enhancing the browsing and usage of web services.
Media Network was launched with the aim of decentralizing the traditional approach of CDN providers. It was designed as a self-governed and open-source solution where everyone can participate. The protocol was built on Solana’s Blockchain, and the MEDIA token was introduced as a fixed supply SPL token to reward participants for their bandwidth contributions. The network has undergone changes and updates, with various developments being introduced to enhance its functionality and usability. For instance, the Media Network App was developed to improve the interaction with the Media Network, enabling more users to benefit from the protocol's decentralized marketplace and smart contracts.
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Market
United Kingdom Market Stats
-
£121,532.17
-
2 days
#3472
£151.35
-0.89%
-0.98%
+8.93%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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Social
Some highlights about Media Network on social media
4 unique individuals are talking about Media Network and it is ranked #1,247 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Media Network has an average sentiment score of 3.2 out of 5. Finally, Media Network is becoming more newsworthy, with 0 news articles published about Media Network. This is a 0% increase in news volume compared to yesterday.
On Twitter, people are mostly neutral about Media Network. There were 46.67% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about Media Network. 53.33% of tweets were neutral about Media Network. These sentiments are based on 30 tweets.
On Reddit, Media Network was mentioned in 0 Reddit posts and there were 0 comments about Media Network. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Overview
4 people
#1,247
3.2 out of 5
30 people
46.67%
Bullish
53.33%
Neutral
0%
Bearish
Media Network Calculator
How much is 1 MEDIA?
MEDIA/CAD (Canadian Dollar)
CA$30.42
MEDIA/JPY (Japanese Yen)
¥3,521.36
MEDIA/INR (Indian Rupee)
₹1,855.73
MEDIA/BRL (Real)
R$113.84
MEDIA/EUR (Euro)
€20.80
MEDIA/NGN (Nigerian Naira)
NGN 29,356.16