The CloudTV market is being enhanced with tokenomics and cryptocurrencies. We are preparing to launch our own token for Media Streaming as a Decentralized Platform for Content Owners in the blockchain.
MEVIA Network will be a Decentralized Platform for Content Owners in the Blockchain
Our technology was recently added to the spectrum of high-tech companies in the CloudTV Market. MarketWatch states a market size of over $4.2B at least by 2026.
The Cloud TV market size is expected to grow from USD 1.2 billion in 2020 to USD 4.2 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 21.9% during the forecast period.
Clearly, this is a great spot to be in for MEVIA as we continue to focus on advanced applications, modern innovation, artificial intelligence, and intellectual property protection to our innovations. We have proven to the market that our Cloud TV presence is of consideration and that our patent portfolio and innovations are exceptional. US patents 10,123,074 and 10,523,004 a pending US Patent 16/152,606, and a pending European patent application No. EP3238457A1.
The cloud TV market comprises major solution providers, such as Kaltura (US), Brightcove (US), Amino Technologies (UK), Muvi (US), IntelliMedia Networks (US), Pontis Technologies (Argentina), Mware Solutions (Netherlands), MatrixStream Technologies (US), CSG Systems International Inc (US), Viaccess-Orca (France), Simplestream (UK), MediaKind (US), Comcast Technology Solutions (US), ActiveVideo (US), Synamedia (UK), Entertainment And Interactivity For Digital Tv (Brazil), Egla Communications (US), Minerva Networks (US), SeaChange International (US), Icareus (Finland), video.space (US), AVITENG (Turkey), Amagi Corporation (US), Metrological (Netherlands), and Streemfire (Austria). These players adopt new product developments as their key growth strategy.
Recently, Theta.tv increase its valuation to over $9B and reached over $13B a few weeks back.
The opportunity is unique, we are working on a new white paper and tools to launch a tokenized version of MEVIA. The decentralization mechanism and our power cloud computing, encoding, and transcoding is essential to enhance end-user experience, and allow content owners to distribute their own content.
We will show a use case and soon release v 0.1 of our white paper, and a token.