Transcodium Price(TNS)

Transcodium is fundamentally a token-based initiative anchored on the Ethereum blockchain, aimed at transforming how media files are processed and shared on the internet. Originally launched in 2015 under the name Medianap, the project initially focused on cloud transcoding and media editing. However, it became evident that traditional cloud services were hampered by exorbitant server costs and fierce competition.

In response to these challenges, in 2016, the project pivoted towards leveraging blockchain technology, emphasizing decentralization and peer-to-peer operations. Transcodium's core objective is to create a decentralized ecosystem where users can efficiently edit and transcode files without the interference of centralized entities. This not only promises enhanced performance but also greater accessibility for users, who would no longer be reliant on expensive cloud infrastructure.