Media Monetisation Framework on NEAR Protocol

Inspiration

• Orkut approach to social network monetisation
• Netflix approach to video story monetisation
• YouTube approach to video stream monetisation
• Vimeo approach to video content monetisation
• Disney approach to video art monetisation

Introduction

• A Layer 3 interoperability and integrity protocol powered by our award winning Semiott Streaming Framework
• Aimed to create streaming services of verifiable advertisements from across Ethereum, Binance, Harmony etc.

What it does

• Time Tokenisation of New Media
• Trust Tokenisation of New Media

How we built it

• NEAR Protocol
• JavaScript
• Rust Language
• Rainbow Bridge
• Aurora Engine
• NodeJS
• NPM
• YARN

Problem

• Lack of traceability in the international print media
• Excess of centralisation in the international print media
• Lack of interoperability between media monetisation networks
• Limited scalability for media monetisation systems
• Lack of authenticity of advertisements and adverts
• Lack of heterogeneity in media contents and culture

Technology

• Ethereum - NEAR - Cross Chain Shard Rainbow Bridge
• Tokenisation of Advertisements into Fractional NFT
• Application of ERC 1155 and ERC 721 Standards
• Implementation of Interactive NFT Specification

Applications

• A basic contract app with boilerplate code
• A basic dao app with JavaScript SDK

Accomplishments that we're proud of

• Innovations on the lifecycle of Media Monetisation Networks
• First ever integration of Fractional NFT on NEAR Protocol
• First ever implementation of Interactive NFT on NEAR Protocol
• First ever integration of Rainbow Bridge and Aurora Engine

Roadmap

• Integration of Zero Knowledge Proofs
• Integration of Verifiable Delay Functions
• Implementation of Time Trust Tokens using NEAR Protocols
• Implementation of Dynamic Digital NFTs for Advertisements
• Implementation of Non Fungible Tokens on NEAR Protocols

References

• https://github.com/aurora-is-near/near-erc20-connector
• https://github.com/aurora-is-near/aurora-engine
• Near-One/rainbow-bridge#604
• https://github.com/aurora-is-near/rainbow-bridge-client
• https://github.com/nearprotocol/near-memegen
• https://github.com/near/near-sdk-as
• https://github.com/near/near-api-js
• https://github.com/near/near-cli