Quick jump
Hello and welcome to this blog post about Earneo RNO White Paper. I am very excited to know that you are interested in this amazing technology, you will be going to amazed by the incredible potential of the blockchain.
There is a lot to learn about this futuristic tech, lets get started to dive into the Earneo RNO white paper and start to leverage it to build a more secure and trusted ecosystem for Industry 4.0 applications.
The aim of this blog post is to help you quickly understand about the philosophy behind the Earneo RNO.
I can ensue you that, you will be able to understand every bits and pieces related to Earneo RNO after going through the Earneo RNO white paper.
Without wasting any further time lets get started to dive right in and lets understand white paper first.
What is white paper?
A white paper is an informational, influential, well-structured document, usually published by an organization, to provide in-depth information about a specific solution.
A white paper is used to provide a good insight into the challenges for a specific problem and a proposed solution for the same.
Earneo RNO White Paper
Earneo RNO white paper will be going to provide you, all the information that is needed to get started with Earneo RNO, including the inspiration for creating, the problem it is trying to solve and the solution proposed by Earneo RNO.
Introduction
Current video sharing platforms run on advertising. Their income is directly distributed from advertisers to platforms. Content creators do not receive a fair share of the advertising revenue, unless they have special arrangement with the advertiser or the social network. For the majority of creators, this is not the case. YouTube presents itself as a platform for video monetization. An estimated 50 million people are actively creating content on YouTube.
However, 99% of YouTube content providers earn less than $100 monthly for their activity. The reality is that at least 1 million views are needed for a video to generate $2,000 for the uploading party. The distribution of revenue for content creators is also increasingly uneven, with the top 3% of YouTubers receiving 90% of all views and earning 90% of ad revenue. New channels on YouTube need to have 1,000 subscribers and 4,000 hours of watch time within the past 12 months to be eligible for advertisement.
In short, YouTube is no longer as accessible for creators as it used to be. This has made many creators seek alternative ways to make money. While a few of the biggest creators have started their own video streaming platforms, many are still looking for new platforms to extend their income.
At Earneo, we believe that we can solve this problem and change this paradigm by building a fair revenue sharing system. Earneo will allow monetization from your very first video (if the content is compliant with moderator guidelines). You can be a new content creator, post your content, and be rewarded in RNO Coin. This is an innovative paradigm in the industry.
White Paper Link: Earneo RNO White Paper
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