Monday 4 June 2012

Earnings for all with WimTV


WimTV is an ICT platform designed to support an ecosystem of players dealing with digital content.
In such an ecosystem you seldom find that a relationship is confined between two players, bearing in mind that WimLabs, the company operating WimTV itself is a platform player.

So far WimTV supported multi-party relationships using its Local Exchange Trading System (LETS) “currency” WimCent. But with the recently released v1.0, WimTV is making one step in the direction of supporting business that is based on real currencies.
Do you own valuable video content that you want to monetise in a secure environment? WimTV v1.0 is the solution for you.

You can upload your videos to your private space MyMedia” and attach some descriptions to make them more marketable. Then you can open your WebTV on WimTV – the entry level with a limited degree of customisation or the advanced level with a high degree of customisation – post your “streaming-ready” videos on MyStreamingMedia attaching a price for Pay per View consumption or defining your own bundles of videos for subscription consumption.

Your customers will enjoy your content with the very robust WimTV player, a plug-in that works on Linux, Mac and Windows for the Chrome, Firefox, IE and Safari browsers and 50% of each Pay per View or subscription payment received by WimTV will immediately be accredited to your PayPal account.
Playing the role of video publisher is not for all. You can be an excellent producer of video content but be poor at marketing it.
Conversely you may be an excellent publisher but be a poor content producer. Can WimTV help?

Well, not yet, at least not if you want to play with real money. This is what WimLabs has reserved for WimTV v1.1. Creators of video content will be able to post their videos for sale and WebTVs will be able to purchase videos posted for sale on a Creator’s shop.
Whenever a video posted by Creator A, purchased by WebTV B at, say 30% revenue sharing, will be watched by End User C, WimTV will automatically split the payment made by End User C to Creator A, WebTV B and WimLabs.
WimTV1.0 is just the first of a series of steps that will convert the idea of content monetisation on the web from words to reality.

Leonardo Chiariglione

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