🔴【ANN】【PREICO】🔴 📽 PROJECT FILMGRID 🎞 DECENTRALIZING THE MOVIE INDUSTRY 🎞 🔴 - page 2.

Twinkledoe

full member

Activity: 1904

Merit: 138

★Bitvest.io★ Play Plinko or Invest!

Quote from: Bowtiesarecool on May 06, 2019, 05:47:03 PM

Another motion pictures based token. Curious to know how yours differs from movie coin and cinema token. Also, what model will you be employing to ensure production according to deadline?

I have seen that tapping the movie industry is a tough project. Usually this is a long -term investment. The team handling this platform should have wide connections in the cinema industry to begin with. Otherwise, we are talking nonsense here and they are just after for the trading of their coin.

Bowtiesarecool

sr. member

Activity: 1050

Merit: 295

Another motion pictures based token. Curious to know how yours differs from movie coin and cinema token. Also, what model will you be employing to ensure production according to deadline?

Filmgrid

jr. member

Activity: 44

Merit: 3

Decentralization Guarantees Freedom of the Art

Hello, thank you so much for reaching out!

The token, ICO and the DApp will be built on top of the Ethereum Network.

Cheers!

musicstoned

newbie

Activity: 1

Merit: 0

Hello, I'm new to all this and wanted to ask a couple of questions: on top of which network is the ICO going to be? and, in which platform is the dapp going to be build? thanks a lot!

Filmgrid

jr. member

Activity: 44

Merit: 3

Decentralization Guarantees Freedom of the Art

▶ WEBSITE ■ MANIFESTO ■ PITCH DECK ■ BUSINESS PLAN ■ WHITEPAPER ◀

Filmgrid is an ideological project, seeking to create a business redundant platform that provides a fair innovative alternative to movie business; removing intermediaries from the creative and producing processes.

A place where independent filmmakers and viewers can interact in order to create better movies with richer content and true artistic freedom. The application will offer all the services needed for this to be integral reality:

The Billboard. A movie marketplace where creative users may offer their movies, and viewer users can buy them and stream them.
The Pitchboard. A podium where film projects can seek funding either by obtaining it from the Filmgrid’s production fund, pre-sales or collective production.
The Critique Bay. A social network environment that promotes the connectivity between all the users and the spread of ideas.

Filmgrid will use the power of blockchain technology to manage transactions and hosting the smart contracts that will secure funds, voting, and other important aspects that make Filmgrid unique.

In a traditional Hollywood-like business model, income is produced with the sale of theater tickets, digital and physical video copies, licensing to SVOD services and others. The typical scenario for profit distribution will include a Recoupment Waterfall, an accounting technique designed to provide control to the middlemen, hence the manipulation of profit.

We come up with an innovative business model, cutting out intermediaries, aiming for the moviemaker to be the one who make the most profit, receiving income from the first sale. This brings the opportunity to dramatically lower down the cost for the viewer.

To add value to the Filmgrid experience, the user is offered to buy the scoop of the film during the premiere sale, including the additional exclusive material; then we tranfer this value to the utility token Filmpass (FILM), since premiere film can only be bought with it.

Token Contract: 0xdadfd3814684a3a08a001500a98eef74f4ac1712

The purpose of making an Initial Coin Offering, is to fund Filmgrid development; we are planning two distribution phases. The first phase is to finance the development of the Filmgrid platform, and once we have a Minimum Viable Product (MVP) we will run the second phase, where we look to form the Production Fund that will be used by the first Creative Teams voted winners by eligible users..

The FILM token distribution consists of four sales, each one unique and oriented for different markets. Out of the 1 billion FILM tokens, 800 million will be distributed in total; 200 million will be kept to be distributed among Filmgrid and the founding team.

The tokens will be minted according to the dates and amounts of the distribution sales, where we are looking to gather the needed funding for the different stages of the project development:

Because its decentralized nature is a perfect fit for the principles/tenets behind Filmgrid. Furthermore, it can solve problems that traditional centralized technology cannot, particularly issues of censorship, intermediaries interference or trade transparency for example.

To provide integrity verification for video files, we will store the data off-chain and store a hash of the data on-chain. This guarantees that the data is not being modified while protecting the blockchain from becoming bloated. We are exploring the benefits of IPFS, to implement in the near future.

With the intention of being productive as soon as possible, the first two years, business will take place on the Ethereum network, the DApp and the Smart Contracts will run on top of the blockchain. Gas costs will be cover by the platform, not the users.

▶ TELEGRAM ■ FACEBOOK ■ TWITTER ■ INSTAGRAM ■ LINKEDIN ■ MEDIUM ■ STEEM ■ YOUTUBE ◀

Topic: 🔴【ANN】【PREICO】🔴 📽 PROJECT FILMGRID 🎞 DECENTRALIZING THE MOVIE INDUSTRY 🎞 🔴 - page 2. (Read 548 times)