How Netverse would disrupt the streaming industry
Monetization model
- Netverse: Instead of relying on monthly subscriptions, Netverse's rewards-based economy will offer a more flexible monetization model. Users will earn (same as cash rewards) for engagement and purchases across the ecosystem. For streaming, users could earn rewards for viewing content or redeem existing rewards dollar-for-dollar to pay for movies and shows. Content creators can also earn revenue from their uploaded content, with Phinge taking a smaller percentage of sales and no upfront cost for promotion. Users can also use their earned rewards from shopping or dining across businesses and third-party platforms throughout Netverse and in the real-world.
- Traditional streaming services: Companies like Netflix, Hulu, and Amazon Prime primarily rely on a subscription model, with some also offering ad-supported tiers. Creators are paid through royalty agreements, which can be less transparent and less profitable than a direct monetization model.
- Netverse: Will operate as a patented, "app-less" ecosystem, accessible only through Phinge's proprietary, patented, modular hardware. This creates a closed-loop system where streaming services and other platforms are integrated directly, bypassing the need for app stores and their associated fees. The modular, magnetically attachable/detachable design of the hardware will also allow for unique multi-screen viewing experiences.
- Traditional streaming services: Services function as apps on a variety of third-party hardware, including phones, tablets, smart TVs, and streaming sticks. They are dependent on these devices and the app store "duopoly" of Apple and Google.
- Netverse: All users, businesses, third-party platforms, IP and content are hardware-verified, significantly reducing fraud, bots, and impersonation. The ecosystem's AI is being specifically designed to identify deepfakes. This creates a more secure environment for content creators and viewers alike.
- Traditional streaming services: These services operate on the open internet, where issues like bots manipulating views, fake accounts, and pirated content are common. While they invest in security, they cannot verify user identity at the hardware level, leaving them and their users vulnerable.
For users
- User-centric data ownership: Users own their data and can be rewarded for monetizing their anonymized data, a direct reversal of the "surveillance capitalism" model. This means users benefit financially from their viewing habits and engagement.
- Integrated experience: The modular hardware offers a novel, immersive experience. For example, users could potentially watch content across multiple seamless, magnetically connected screens for a larger viewing area.
- Reward and redeem: The rewards system incentivizes users to watch and engage with content. Rewards can be used to pay for streaming content or other purchases within the ecosystem.
- Higher revenue retention: By eliminating high app store commissions and potentially offering higher revenue percentages, Netverse will provide a more profitable model for creators.
- Direct-to-consumer monetization: Creators can publish content and earn revenue from sales without upfront costs for promotion. This model empowers independent filmmakers and video creators to bypass traditional distribution gatekeepers.
- Enhanced security and trust: The verified ecosystem will provide a more secure platform for intellectual property as all IP is verified to their owners. Phinge's AI detection of deepfakes and the elimination of bots will ensure authentic engagement and protects creators' brands and content.
- Verified marketplace: The hardware-verified environment will create a secure marketplace for licensing and distribution. This will allow for more transparent and trustworthy transactions between production studios, distributors, and creators.
- New revenue streams: The integrated rewards system and PhingePay will offer innovative ways to monetize content beyond traditional subscription or advertising models. For example, content could feature shoppable moments or exclusive content unlocked by rewards.
You may learn more about Netverse and its patented, magnetically attachable smartphones and devices by visiting Phinge's websites at
https://www.phinge.com
To get on a contact list please fill out the online form here
https://www.phinge.com/netverseai.html
About Phinge Corporation
Phinge was founded and through Netverse® is being developed to disrupt today's outdated App technologies, including the App-store duopoly, by partnering with and giving its users and businesses ownership and control of their data, enhanced privacy and a better overall mobile experience including their ability to monetize it.
Phinge through its upcoming patented Netverse App-less technology platform with proprietary AI, will be a better, safer, verified and rewarding alternative platform and technology for users and third party businesses and developers to today's App stores, operating systems and ecosystems of Apple, Google and Android.
Netverse will not be an App or Super App that resides on the major technology platforms of today.
Instead, it will be a standalone, all-in-one, app-less platform, accessible only through Phinge's revolutionary, patented, Mobile Hardware which includes Magnetically Attachable/Detachable Phones, Tablets, Mobile Gaming Systems and peripherals like the stylish, wireless earbuds with interchangeable batteries and built-in sensor screens for continuous usage without recharging and Smart Watches that never need to be charged as they come with stylish external, interchangeable bezels with built-in rechargeable batteries and come in a variety of colors, patterns and finishes.
Netverse will be a verified, centralized-decentralized platform.
Centralized in the way it provides universal safeguards through verification of all users, businesses, organizations, entities and IP through Phinge's patented Netverse technologies and hardware.
Centralized because Phinge and Netverse will be compliant with all government regulations regarding data and privacy.
Decentralized because all thirty party platforms will be compliant with all government regulations regarding data and privacy as soon as they are verified and join Netverse.
Decentralized because its users, businesses, organizations and entities will have the power to live, work and thrive in a verified world.
Netverse will benefit all verified users and approved, verified third party businesses, developers and platforms on Netverse in ways not possible with today's technology including total verification of all users, businesses, organizations, platforms and entities.
Photos: (Click photo to enlarge)
Source: Phinge Corporation
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