Media$MEDIA

What is this network?

Media Network is a decentralized hub for web services, connecting providers and clients through smart contracts. It serves as a platform where clients can leverage multiple providers to scale their infrastructure and consume web services. The network operates without any requirement for sign-up, registration, or KYC, making it a trustless and censorship-resistant ecosystem. The cornerstone of the network's economy is the MEDIA token, which serves as the medium of exchange between clients and providers, thereby ensuring the long-term self-sustainability of the protocol.

How can I use the network?

The Media Network can be used to consume web services and pay with MEDIA tokens. Providers can also earn tokens by providing services. The Media App serves as an intuitive front-end interface for accessing the features of the Media Network protocol. This app is designed to simplify the browsing and usage of web services, as well as the management of payments and transactions, without requiring any technical knowledge or experience.

Who governs this network?

The governance of the Media Network is influenced by the holders of the MEDIA tokens. These token holders have the power to influence decisions concerning the core protocol. Providers are required to stake tokens in order to provide services.

Funding

The Media Network did not have a private sale. Instead, it conducted an Initial DEX Offering (IDO) in which anyone was able to participate. The MEDIA tokens serve as the cornerstone and vital artery of the network’s economy, powering and ensuring the long-term self-sustainability of the protocol.