🔴 🔴 🔴 📽 THE FILMGRID DIARIES 🎬【 CHRONICLES OF AN ICO 】 🎬 🔴 🔴 🔴

Filmgrid

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20190911 | Website Design Makeover

How’s it going, fellow Filmgrid enthusiasts?

We at Filmgrid decided to take a long hard look at our website and decided it was time for a makeover. We felt all the necessary information was there and that it visually represented the ideology set forth in the Filmgrid Manifesto, but it was also a little too saturated.

So, our team went out there and had it re-designed to where the resulting interphase is friendlier, smooth around the edges and yet comprehensive enough to fit all the information in a more compacted way.

The new site makes use of additional features we as public have grown more used to, such as links, buttons and carrousels to display all relevant information without using up as much space.

All the vital information is still available at the top of the page by clicking on the Whitepaper link. We’d like to thank all you for your continuous support and patience throughout this path you are walking with us. Don’t forget to visit the website and tell us what you think.

Without further ado: https://filmgrid.space/

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Filmgrid

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20190802 | We’re Back!

Greeting folks,

It’s been a while I know, let me start by telling you that despite our silence, we at Filmgrid have remained busy. All living organisms must adapt to their environment in order to survive and Filmgrid is no exception. Legislation in our country of origin, Mexico, has limited the amount crowdfunded and Fintech companies can raise for financing their operations. The limitation would not allow us to reach the goals we need to achieve; therefore, our current efforts are geared toward registration in Europe, Estonia here we come.
Toward this end we have met with KRM advisors to help ups with legal registration as well as obtaining the necessary license as crypto exchange/wallet.
In aims to secure our pre-seed financing, we enrolled our project in Angel Investment Network.
This week we also had advancements in social media. Our youtube channel received a makeover as far as cover picture, you can see it here: https://www.youtube.com/channel/UC7S3acFssgkISo4q_9lE-5A. The Podcast logo is ready, check our channel for the first episode which is coming out soon.
We also explained to our public the concept of the “Fan” reaction that will be a feature of the social side of our platform.
Stay tuned for more as you can be sure we’re back, we’re focused and more driven than ever.

The Fans

It acts as followers for the Creative Users. Besides giving an applausse to a movie, any user can became a "fan" of creators whos work has impress them; by doing this they will be following the activity of such Creative User inside the platform. Creative Users that collect great amount of Fans will gain status and the projects in which they participate, wil count with an initial popularity that could help to make the movie happen.

#Filmgrid #ICO #InitialCoinOffering #IndependentFilmmaking #MovieBusinessDisruption

QUOTE

ANSWER

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Filmgrid

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20190701 | BOUNTY CAMPAIGN UPDATE

Giving the fact we extended the presale dates, as I explained in the previous log entry, several changes had to be made as well. After reviewing the Bounty Campaign, it was obvious the need to extend dates applies in the same manner, therefore we have change the end date til 31st this month, giving four extra weeks.

At the moment all the team is hand-on updating the participants progress spreadsheet, we will meke sure is done by saturday, so when the extention begins, al the rewards for the original period are clear and participants have the chance to share with us any issue or doubt they may have.

The bounties remain the same, so are the rewards. For next mont, a different campaign will be designed after we analyse the results of the present one.

THE PITCHBOARD

If a group of filmmakers is working on a project, whether it’s in the script stage, or further along, the Filmgrid platform can be used to obtain funding for the project. “Pitchboard” financing comes without additional commercial commitments than to register and upload the resulting movie for sale in Filmgrid without expiration. Additionally, if the Creative Team sees fit, the film can be played at festivals or private screenings without any restrictions on Filmgrid’s behalf.

There are three types of project financing: Production Fund, Presale and Production Pool.

When registering the project, a given type of financing must be chosen for the funding period; the funding period varies depending on the chosen type of financing. Projects may seek financing in as many funding periods as they want, as long as the same project has not been previously financed on the platform. Financing types may be different in subsequent periods.

Quote from: leigi277 on July 03, 2019, 08:49:04 AM

good luck

Thank you! Cheesy

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leigi277

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good luck

Filmgrid

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20190630 | PUBLIC TOKEN PRESALE

Given the fact our project is a zero marketing budget, we have relied in a Bounty Campaign and presence in our Social Networks to let the project to be known, unfortunately we haven't manage to spread the word as much as we would have liked. Therefore, we feel a change has to be made now that we are going to engage in the Public Token Presale, but cannot make drastic changes since that would affect those who have already put their trust in us, either by contributing or participating in the bounty campaign in exchange for tokens.

There was three options:
1. Keep the planned presale dates.
2. Extend the presale dates.
3. Postpone the presale.

Each of them came with their own consequences, we opted for number two, extending from July 1st - 31st, to July 1st - Aug 31st.

By extending the date, we can have more time to reinforce the project approach to the people, adding a whole other set of activities that I will discuss in further log entries.

The first thing to do was to make a new Smart Contract, with the new dates information; this won't invalidate the transaction that have already happened in the previous contract, since the token contract remains to be the same, and purchased tokens have already been delivered. Modifications were easy to made and after registering it in the blockchain we have the following new address for it: 0x2f87a4e55be29cff299583ac8bfb121aa2713739

Also the new amount to be distributed was minted and added to the wallet that hold the funds.

HOME TICKET

It works as a movie rental for titles available in the Screening Sale in The Billboard. Contrary to the previous modes, the user does not obtain playback keys that allow them to see the films in perpetuity, but rather, in exchange for a “ticket”, they obtain the right to play and watch of the film for 48 hours from the moment of payment.

During this period, the user will be able to play the movie as often as they like in any compatible device. The “ticket” price will be set in a similar way to the Screening Sale, using a fixed ticket price per minute of movie.

Quote from: leigi277 on June 30, 2019, 09:23:41 PM

If crowdfunding does not reach the hard top, how to deal with the remaining tokens? Is it destroyed or distributed to investors? ?

Unsold tokens from each sale, automatically pass to the next sale. In the event that after the Token Sale Round 2 (or Phase II) is over, there are still remaining tokens, these will be burned, in order to not affect the value of already distributed tokens.

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leigi277

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If crowdfunding does not reach the hard top, how to deal with the remaining tokens? Is it destroyed or distributed to investors? ?

Filmgrid

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20190629 | THE ONE PAGER

I have just realized we do not have a One Pager. We have a Manifesto, a Business Plan, a Pitch Deck presentation, A White Paper and an informative Web Site; but no One Pager. I feel a bit stupid about it.

So it was now the time to write one. This was very difficult task, since, even though the whole point of this project is simplify the movie industry, it is a hard task to explain how this could work and how will affect for good the creative and spectators parties, yet more difficult to explain the role of Blockchain technology in it. I locked myself in a room with nothing but a bunch of coffee, my laptop and all my paper notes and printed material; that room is a mess right no, and I am not planning to clean it anytime soon.

Why is important the One Pager other than the obvious? We have reached the next stage of our zero-budget marketing plan, we are to start contacting filmmakers, both, independent and, in a long-shot-attempt, celebrities; hence, the targeted market for this document is the filmmaker, who in all probability, knows little to nothing about blockchain and cryptocurrencies, being possible that actually, will consider at first glance everything related to cryptos to be a scam. It is important then, to have an easy to read document that explain not only the benefits of the project, but that helps to remove all uncertainty in regards the fact is also a “crypto” project.

SCREENING SALE

This type of offering happens between three to six months after the Premiere, the exact time is defined by the Creative Team upon registration, the platform will automatically place the film on the "Billboard" once the specified time has elapsed, becoming available for sale again. Ether (ETH) and bitcoin (BTC) are accepted during this sale (other cryptocurrencies to be determined).

What makes this mode special is the pricing of the film, it works in a very different way than what is commonly used in visual entertainment. Filmgrid accepts any film-time format: short, medium or feature-length; which makes it difficult to standardize prices because it would not be ideal for a 15 minute film to cost the same as a 90 minute one.

That's why it was decided to determine the price based on the duration of the film, keeping a flat rate per minute. Once the purchase/sale of the film has taken place, the platform will automatically make the corresponding transactions, depositing the remaining profit to the Creative Team’s wallet.

Quote from: leigi277 on June 30, 2019, 09:16:38 AM

There are only three transfers to the contract address. Are you not optimistic about this project?

Very optimistic, always. Filmgrid is not just an ICO or blockchain project, and even though a successful token sale would help it to start in better terms, it won't define it. This is a collision of ideals, dreams and business... we will see it through no mater what and no mater what it takes.

Those three transactions are the first contributions we received, which means we already have an obligation to someone that believes in the project and is our responsibility not letting any contributor down.

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leigi277

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There are only three transfers to the contract address. Are you not optimistic about this project?

Filmgrid

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Activity: 44

Merit: 3

Decentralization Guarantees Freedom of the Art

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20190627 | JR. MEMBER, TIME FOR IMAGES

We recently obtained the Jr. Member status in this forum, so the possibility of integrating images to our publications and comments has been opened. I do not want to use the same images already used in both, the website and our social networks, so we take care to generate specific images for the Filmgrid threads in BitcoinTalk.

The open threads at the moment are:

▶ ICO Announcement
▶ Bounty Campaign
▶ The Filmgrid Diaries

It is very likely that this is the activity of a couple of days, between the design and development of the images. Personally I like the designs that can be achieved with BBcode, I find them really interesting and more adhoc to a blog format like this, but the images can better cover the visual needs required to capture the attention of the reader, or for example, to explain data, where a graph does the work.

Hopefully by saturday we have the threads updated with the ne imagery.

PREMIERE SALE

Any film that is registered in the "Billboard" will have the opportunity to make a Premiere presentation, a limited time offering during which the film is put on sale, looking to quench the spectator’s thirst for novelty, inviting them to see the film before others. Creative Teams are encouraged to include bonus or exclusive material in this mode to add more value to the Premiere Sale; potentially becoming with time in a type of collectible.

These sales will take place exclusively with Filmgrid’s token, Filmpass (FILM). Once the purchase/sale of the movie has taken place, the platform will automatically make the corresponding transactions, depositing the remaining profit to the Creative Team’s wallet In the form of FILM; Filmgrid’s fee is converted to ETH and deposited to the Filmgrid’s Production fund.

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Filmgrid

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20190624 | THE SEARCH FOR MVP DEVELOPERS - SOMISH

I met with Mayank Taneja, VP Solution Delivery for Somish Blockchain Labs, a technology and product development company with hands-on experience in building private, permissioned and public Blockchain MVPs.

It was the first approach seeking cooperation for the development of Filmgrid’s MVP. As it was to be expected, we presented our companies to each other as well as the immediate goals that we have. I find so far in Somish the development solution we are looking for, they have a strong background and understand the needs of their customers. I found particularly interesting that Mayank was very keen in learning how deep we (Filmgrid) have done our homework, particularly in how extend was our marketing research; later I learned they look to work only with feasible projects... good thing we did indeed a good research.

Originally, we had planned to build a development team from scratch in Mexico, however, after interviewing a few candidates, we realize that blockchain development is still now very common among developers; there were really good contendents, good programmers, but unfortunately none with solid blockchain knowledge nor experience.

After our meeting, I feel confident Somish are the best company capable to deliver the MVP we are looking for. Time will determinate if in the future we retake the original plan for the development of the platform and own blockchain, or if we continue with third party services.

THE BILLBOARD

This is the movie marketplace, it will be the area where Creative Users can put their films, series or documentaries for sale and rent, and Viewer Users can buy/rent and enjoy them.

An smart filter system will allow users to browse and order content easily, with an intuitive and easy-to-use design; each film will have its own designated space within the platform. Participants may use an image or gif to identify the project with the general project information: title, synopsis, price, duration, gender and corresponding Creative Team.

The films will be commercialized under three different schemes:

▶ Premiere. Exclusive initial sale with additional material.
▶ Screening. Subsequent sale to the Premiere.
▶ Home Cinema. Rental for a period of 48 hours.

In the Premiere and Screening modes, the user who buys the movie acquires the reproduction keys, so he can stream it in any compatible device, as many times as wanted.

The reproduction keys could be transferred from one user to another if there is connection within the platform. This can be in case of gift, inheritance, exchange for another movie or sale. Once these keys have been transferred, the original owner can no longer use them.

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Filmgrid

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The purpose of this thread, is to create a chronicle of our efforts in the adventure of running an ICO for our project, Filmgrid. The main idea is to earn trust in this community. In times were scammers are the everyday thing, in all sides of the ICO and cryptocurrency, I Believe only transparency and communication can build such trust. This could also be helpful in the future for those who decide to fund their projects using an Initial Coin Offer, learning from the blunders and inerrancies we get to have.

Being aware that in an open thread, messages may arise, at the end of the diary deliver, we will include a small section to give answer to comments or question we may receive.

How to start this diaries? for we started this adventure some time ago. Maybe I can only say that as of now, it has been an interesting ride, with so much still to come. The project began a few years ago, not as a blockchain idea, but has a business plan to disrupt the movie business industry. Why? Because it is so corrupted, somebody has to do it. Working on developing an innovative business model, we cross with blockchain technology, that covered all the needs that traditional technology was not, and make such model a possible reality.

We were ready to launch Filmgrid as a crypto-company last year, during the bear market; due to the negative tendency, we decided to wait.

It was until this year, after suffering some lost of team members and a thinning in our budget, that we could not wait anymore; Filmgrid has to happen soon. So it was in march when we began with a new strategy, adapting the project to the new panorama; we hired a top ICO consultant and redistribute obligations among the existing team. A smart contract was written for a Private Sale and we communicate the news to as many investors we could. Also, we began our digital marketing plan, using Filmgrid's social networks to communicate the project in almost daily delivers, picking specific subjects to be explained one at the time. A first version of this diaries was attempt using Steem and Medium, however, it was not reaching the right community, it was right after we launch the Announcement and the Bounty Campaign in BitcoinTalk that it was understood that the diaries belong here first.

20190622 | PRIVATE INVESTORS

After this brief recap, I will like to tell you about the weekend, it was very interesting. It started Saturday at 4:00 A.M. since I had to travel to Milano, Italia to meet potential investors; I am exploring all opportunities. At this point we have had phone and email conversations, yet a person to person meeting was required. So I took the 7:35 London-Milano flight. Never been in Italy and definitely don't speak Italian, reason why I don't understand that at the moment I presented my passport I had to say very loud 'Bonjorno' (I sounded like Peter Griffin trying to speak the language), the customs guy started speaking Italian to me and I have no clue what he said, it was embarrassing. My meeting was until 3:00 P.M., so I took the time to tourist a little in "Il Duomo" cathedral, very impressive place.

The meeting begun at 3:15 P.M. when I met in a very fancy bar with the very well dressed investor representatives, since the project core features had been discussed before, I talk more about the marketing plan and the second phase of the token distribution and a little bit of tokenomics... they where not too interested into listening to the last, which I found odd. It seem they had something to say, so I give them the chance to do so, they assure me their client had already make the decision to invest a big amount (I won't disclose it, but it was considerably big) to buy FILM tokens and it was only matter to discuss the paying process, since there was not interest into using a smart contract, but instead with a traditional contract sale. And the big bomb was dropped. The transaction must be in cash.

After seven years working in Fintech I know there is no bigger red flag than cash.

I suggested using bank accounts, which was refused. At this point I am already a bit angry, they could have spare me the trip (money and time wasted) on the phone the two times a specify we only take Ether, but I was also curious to figure out if this was a scam attempt, a money laundry operation or a legit old school transaction; so I kept my grip and even though we were not to take cash, I asked as many questions I could think of.

the meeting was over and decided to hurry to the airport, which was very difficult, public transportation in Milano, even though is great is complicated when you don't know how it works. One cannot pay on the bus, instead, a participant store must be found to buy the ticket. It took me around 40 minutes to understand the tired bus drivers what was to be done. I got to the airport without inconvenient and board my flight. Sunday will be to review and evaluate with the team what just happened.

So, to close this first delivery of the diaries I want to ask you, what opinions do you have in regards the investing offer? what liabilities do you see? and most important, what warnings do you detect?

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