On.Live is about to start very strong. Everyone who has not heard about On.Live should know that it is an innovative and high performance streaming platform which will combine three marketplaces in one – live services, live broadcasts, and transcoding & relay node. On.Live is also a unique block-chain product which involves its own utility tokens (ONL). ONL tokens shall serve as payment for all services available through On.Live and will be convertible into FIAT money, Bitcoin, and Etherum.
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On.Live is just about to launch and the project seems to be really very well prepared. The management must have been very busy lately, as they have gained access to very quality content, listed ONL tokens at LIVECOIN, one of the largest altcoin exchange, and attracted the attention of US-based huge crypto investment fund.
Few days ago On.Live announced signing of the agreement with Los Angeles based media fund which specializes in media projects. According to the company’s official press release:
“This contract will assist in gaining access to quality content, great personalities, and world renowned events and will substantially increase attractiveness of On.Live content offer for final customers. Experienced media executives producing countless television programs, film, virtual reality, new media and documentaries for broadcast on CBS, ABC, Fox Sports, DIRECTV, Dish TV, Cox cable, Time Warner, Verizon and UK’s Comcast Sky TV, fund’s representatives will provide video assets of the highest world standard. This includes Celebrities, NFL stars, Indy and NASCAR racing legends and athletes worldwide and gives On.Live options for broadcasts of live events including Oscars, Grammys, Celebrity Golf Tournaments with NFL, NBA, AVP and NASCAR drivers as well as major sporting event marketing”.
Introduction of interesting, engaging content, is only a part of current On.Live business strategy.
“At some point, we realized that our product and technology which stands behind it are not the only areas we should focus on. In order to attract the attention of huge investors, who can boost On.Live and contribute to its worldwide success we should build a reliable business case and make ONL tokens fully tradeable for all future On.Live Platform users and investors. This is why, we decided to introduce ONL tokens into LIVECOIN earlier than we initially expected.” – said Chris Rybka, a founder of On.Live.
Indeed, LIVECOIN is London based, fourth largest altcoin exchange in the world. It operates worldwide without interrupts since 2013, and is acclaimed as a modern, safe trading platform for accessing cryptocurrency exchange markets. USD 30 million of daily turnover provides convincing evidence for high customer regard and secures high volume trading.
Now, when ONL tokens are listed at LIVECOIN, the project may be more attractive for investment funds. “Yes, this is true. The fact that ONL tokens are fully tradable at LIVECOIN has leveraged our credibility and opened us for discussions with crypto investment funds. However, we are only interested in long-term relations with reliable investors who want to gradually create value of our project. At the moment, we are engaged in very advanced negotiations with US-based crypto investment fund which treats us as a long-term investment. Moreover, this investor is going to increase its participation in On.Live and support ONL token market liquidity through series of token acquisitions through LIVECOIN or other altcoin exchange. We hope to close negotiations and enter into investment agreement in the next three, four weeks.” – unofficially confirmed one of the board members at On.Live.
Meanwhile everyone interested in On.Live token can check trading options on https://livecoin.net