DECENT , a new Blockchain-fueled peer-to-peer content distribution platform, has received more than USD$3.5 million in investment since its Initial Coin Offering (ICO) went live on September 11. Powered by Distributed Ledger Technology technology, DECENT is designed to remove third party manipulation, protect user privacy and prevent content piracy. The revolutionary network benefits the storage, publishing, and distribution of digital files like movies, photos, music, blogs and articles. The Swiss-based startup has so far raised more than $3.5 million USD worth of its digital currency, called DCT, during an ICO that concludes on November 6. Co-founder of DECENT Matej Boda said: “We are thrilled that so many people around the world are seeing such value in our platform because the content distribution industry has been encumbered with catastrophic problems for years. In particular, maintaining and policing Digital Rights Management and Intellectual Property has become extremely difficult, even as access to content has become easier. Our technology makes it possible to track and secure each piece of content on the network from the moment it is created and uploaded, because it is timestamped and immutable. We can effectively eliminate piracy and at the same time, maintain user privacy through data encryption.” DECENT, which plans to launch in the first half of 2017, will allow users and media creators to publish content on the platform for a small DCT fee while enjoying 100% of the revenue. “Unlike Amazon, Shutterstock, and iTunes, who share almost a third or more of revenue on works hosted on their platforms, we aim to free media creators from middlemen and manipulation by sharing and selling content at almost zero cost, but with maximum reward,” said Boda. DECENT also differs from Torrent streaming sites for two reasons: firstly, copyright infringement is nullified by the content owner’s willingness […]
