Development and Architecture of the AIVON Network Ecosystem






#Aivon #aivonico #tokensale #AI #Blockchain #aivonio


AIVON Network Development
As we know IVS (I Vide Smart) already a complete video content network that lets publishers reach out purchasers and lets marketers buy placement. So this can be thought of as front side end for AIVON Network block powered system as well as protocol. On the back side, work is underway on Min viable product. They estimate that a useable Minimum viable product will be ready in the fourth quarter 2018.

The architecture of AIVON Network
AIVON Network is built on a standard ETH blockchain as-well-as Plasma Network. Every video Meta data will be anchored to ETH block chain and D Apps can simply access the content and either spend or receive AVO token.

Attributes of AIVON Network tokens:
·        Block-chain based protocols: ETH Main net and AIVON Network Plasma Chain
·        Token standard: ERC: 20
·        Full supply: capped at one billion
·        Token release at Genesis: 40% of full supply
AVO Token is applied as an ERC: 20 tokens on ETH main net while AIVON Network is applied on a Plasma Network. Plasma is a block chain scaling explanation designed by Vitalik Buterin and Joseph POON which allows the formation of “child” block chains anchored to the “main” ETH block. As just periodic merkleized commitments are broadcast to the ETH root block, this design can let for very scalable and low-price operation state updates.

They chose the ETH chain because of its sturdiness, great system of D Apps, security and strong immutability attributes. This loom marries the power and performance of Plasma with the open verifiability of ETH block chain. The storage disk is for off-chain Meta data, including translations and transcriptions.

Smart agreements on ETH main net acts as a trustless way to bring Token into AIVON Network Plasma from ETH main net and vice versa, Transactions relating  AVO Token that take place in AIVON Network chain are signed by validators backed on a consensus algorithm. Contributors are open to join and exit the chain as and when desired in a trustless way, capable to claim the AVO tokens before locked in the smart agreements net of any operations, either spend or gains, that have taken a position in the Plasma chain previous to the exit.

There’ll be autonomous nodes and block chain in Plasma network, autonomous of ETH. Validator nodes will give proof-of-stake (POS) and perform the block minting. Apps such as SE or an ad network are instantiated as D Applications and contribute in the AIVON, offering their own respective APIs for genuine-world consumptions.

Customers
IVS is an internet video platform and marketing Technology Company founded in 2016. Its financiers include Monks Hill Ventures, a peak tier venture capital organization backed in Singapore and headed by Peng Ong, the co-founder of Interwoven and Match.com, and Eduardo Saverin, the co-founder of FB.

IVS previously has a top class platform for streaming, content management, and supply that powers many worldwide media companies and a video marketing exchange, with a, attain of over 500 million addressable consumers 22 internationally by end 2018.

IVS will apply the new AIVON Network service to make better content safety, metadata, discovery and search capabilities in platforms it powers creating IVS AIVON Network’s first client. IVS also plans to apply the Content Graph to superior match promoters with related and brand secure content placement. In this method, they hope to speak to several of the flaws in the present model of virtual marketing.

The worldwide video market worth was $700 billion in 2017, increasing to $842 billion by 2022. Now, over 400 hours of videos files are uploaded and 4.3 M videos files are viewed each minute on YouTube. On Facebook and Google, over 1.1 billion hours of video files are watched each day.


Visit the link below for more details about AIVON Network

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Bitcointalk Profile Link - https://bitcointalk.org/index.php?action=profile;u=1882104;sa=summary
ETH Address - 0x1600B687D5a34629BfBB6E0a995Ab577873dE69D


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