MyTVchain, the first web TV platform which is solely committed to athletes and sports clubs, was launched in October 2018. Currently, it has over 33,000 users and web TV channels particularly for sports clubs in over 50 countries. In the first month of the year, it had around 1.5 million visits.
In September 2019, the company had declared that the channel “Sports in France” was launched on the initiative of the French National Olympic and Sports Committee (CNOSF) and it had associated itself with the platform to enhance the promotion of sports in all disciplines, clubs, and federations.
President of MyTVchain Xavier Gesnouin remarked that,
The growth of the platform in terms of audience allows us to accelerate its monetization with the launch in a few weeks of a set of services for Sports Clubs and Fans, based on MyTV token which will be listed on exchanges after the IEO. Several media groups have contacted us and wish to join us; we will certainly have the pleasure of making announcements soon.
MyTVchain is a network of thousands of fans and users. Recently the company had launched a private sale of MyTVtokens starting from 15th to 28th February and offers discounts equal to 90 percent. When MyTVtokens are earned by the users, they can make donations to any sports clubs of their choice or buy services like subscriptions to channels or they can access exclusive content through the token.
MyTVchain technology team and blockchain experts are creating a new model for sports clubs where the video viewers and the creators can transact directly on the blockchain and they can eliminate the need for intermediaries like Facebook or YouTube.
MyTVchain’s blockchain technology will allow users to share their bandwidth and storage space. The tokens will not only be used to compensate the users and the community, but also to compensate the users who are willing to share the contents of their clubs in their social community.
MyTVchain using blockchain technology is a network that reclaims the control of the content and builds their value. Moreover, users are rewarded in token for every video watched; they can donate some of the tokens to any of their favorite sports clubs or distribute their tokens to filmmakers for their best quality.