I made some calculations on revenue that iQIYI brings to NKN ecosystem (probably happens in Q3-Q4). Here're some iQIYI stats:
>Roughly 10 billions hours of monthly watch-time (based on iQIYI's stats)
>Assumption that average video quality is something between 480p and 720p
>This translates to ~10 MB of data per minute = 600 MB/hour
>Overall monthly data transfer = 6000 billion MB = 6 million TB
So if we are assuming that NKN will get only 1% of that data, this means 100k$ of weekly revenue to NKN nodes (the current nCDN pricing is 7$ per TB). If 10% of that data, this means 1m$ of weekly revenue to NKN nodes.
>And this is just one customer.
>And this is just one NKN service.
>And my assumptions on numbers are quite conservative.
Now think NKN's potential in the big picture.
Pro tip: It will be the most massive crypto project in every possible metric you can imagine and it's under 8m$ in market cap right now. Now make the next conclusion for yourself.
1000x crypto, un-fucking-ironically
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1000x=8bn market cap is also quite conservative estimation 2bqh
>go to website
>click "about"
>chinks
no thanks
Yep.
So you are willing to miss a life-changing wealth because of that?
What’s the make it stack
Realistically I'd say 250k.
Depends on where you live and how long you are willing to wait.
I live in fairly expensive country and I'm willing to wait 3-5 years so my 'make it stack' would be around 200k. I'm holding many times more tho.
community around this is almost non existing, no partenrships as well
user I've been looking at NKN for a long time but I'm hesitant to get in because I just don't see what problem it's solving.
I'm not trying to fud, I'm genuinely interested. If someone can give me a quick rundown and explain it to me that would be great. The team looks capable but it just looks more like a research project to me than anything that is going to be applied to in the real world.
On the contrary, it's possibly the first project in this space to have a paying commerical client (multi billion dollar company) using an application built on the public NKN network to enhance their own business performance.
Look at their deal with iQiyi (Asia's largest streaming platform) for their nCDN. Trials found up to a 10x improvement in caching when using nCDN over their traditional CDN.
Tl;dr faster, cheaper data transmission for any network or telecoms application
Dead 2018 chink coin. Going nowhere. Don't waste time missing unpumped gems. Do not, I repeat DO NOT buy low cap coins from 2018 that already on binance.
Seems interesting. One thing I don't understand though is why is a single entity running around 80% of the nodes from the same location in Washington. At least it looks like that on the map they have on their website. They can have over 20k nodes but if a single entity is running 16k of them it's not really decentralised.
Chink hustle, congrats on losing all your money if you’re still holding from 2019
Did you just post before reading my first post? I basically proved why NKN is growing big without hype or other meaningless bs such as meme partnerships. They ALREADY made the COMMERCIAL contract with iQIYI and those revenue numbers are basically confirmed for the upcoming quarters. And iQIYI is only the very first major achievement for this project. More to come and A LOT.
I will get more decentralized (in a location sense) when the incentives get better with nCDN and other NKN platform services (especially because of proximity requirements).
It will get more*
Biztards want to focus on irrelevance, not making the actual money. Kek.
I don’t need to ready anything to know that all Chinese lie to save face or make their product seem better than it is, it’s the foundation on which their culture is built. It’s why cheating in universities is common among 90%+ of chinese students. After 2018 I will unironically never trust any of them again, they collectively extracted billions in market cap from the crypto landscape. Fuck chinks and fuck their shitcoins, anyone still investing in them is doomed to lose it all. If you didn’t learn your lesson a few years ago you never will.
bought 20k for 300$
should I buy more?
Also there has never been a successful Chinese coin, Antshares was a fluke because it was the first eth killer on the market which attracted western and chinese investors alike. Even that’s a centralized scam shitcoin now kek
I am holding that shitcoin for a week or so and made 3% profit. Amazing!
But I don't see much potential. Its just chinks chinking it out on discord. There are others with at least a legit looking team of non-insect people.
This fucking project is going nowhere.
I fucking swear. I thought they were gonna liberate the chinese from their firewall of doom, but no, instead these retards partner with some obscure chinese video platform and sit on their asses.
Fuck this fucking scam. raised like 20+million, and do what? Have 10 developers, 0 incentive program for community, no marketing team, absolutely no future to speak of, outside of filling yanbo's pockets.
Fuck you. Anyone who buys this now that we know all this, is a fucking retard and deserves the $0 that's coming.
> CP gets through your shit node.
> SWAT knocks down your door next morning
No thanks, buddy.
Could that be some VPS service? I assume many are running nodes on free VPS right now - as the NKN website instructs how to do that. (dunno if that could be it, quite frankly, I'm a fkin retard, but just guessing).
Let's assume your 90% statement is true. How about the other 10% that is working hard and honestly? NKN belongs to that group imho. Regarding to lying about the products and performance advantage over their competitors, it is proven that their numbers actually are legit. It's almost all open-source, you can look into their github as well. You can run some test by yourself and compare the results if you don't believe. I'm also very skeptical over some ridiculous claims but when the proof is delivered, I'm all for it.
Sure.
All your statements are false (probably purposely)
It's all encrypted from the very first node to end node (no centralized PKI used).
So you want NKN (or other party such CCP via hacking) constantly to track your content then (and obviously I'm not talking about CP)? I prefer TOR-like encryption and preserving my rights to privacy.
Correct, for now.
I love the idea behind it but chinks never deliver bud. Find me a single case of a Chinese crypto doing well long term when literally half or more of the coins being shilled here in 2018 were Chinese. Elastos was the last straw for me, it was supposed to be revolutionary too (Internet 3.0, secure VM OS built on blockchain, built for exchange of digital goods). Chinks chinked it up as is typical.
>never deliver
Again, check proofs behind the claims. Here's a starter: gsma.com
That case study is made by GSMA: "The GSMA represents the interests of mobile operators worldwide, uniting more than 750 operators with almost 400 companies in the broader mobile ecosystem, including handset and device makers, software companies, equipment providers and internet companies, as well as organisations in adjacent industry sectors."
I understand everyone's caution with 'chink coins'.
But, seriously, NKN is actually real and delivering.
They are based in the USA too.
Their office is in CA.
Please look into it.
All the chink scams were promises with no working tech to download and try.
NKN has working things you can download and try right now.
They really are different and will at the [very very very] least 100x from here.
this. also this isnt some obscure chink coin operating out of some random chink town with team members who you can't find any legit info on
they are based in silicon valley, their team are all ex google, nokia, qualcomm, etc
>please look into it
the absolute state of shills
This unironically. This is worst than buying the scam coin Fantom
ONE is a chink scam based in Silicon Valley too