Movieschain, Blockchain-Based Film Distribution Platform Is Revolutionary
Already not familiar, film technology now widely experienced development trend, the film also experienced many innovations. Entertainment can educate as well as provide the imagination to the consumer demand is very loved by many people.
Along with it there is a new technology that is currently popular among world, called blockchain. Blockchain is an integrated transaction recording technology with modern technology, which has a unique code that cannot be changed (eternal) that can revolutionize the way internet work, banking and many more. This technology is undergoing rapid development and able to attract attention of the world. Until recently any blockchain there have been many become research material in various countries, even acting.
Some time ago in an International Film Festival held in Berlin, a new technology platform designed to decentralize the distribution of the film called MoviesChain by TVzavr are introduced in General. Movieschain is one of the first projects that were created specifically for the film industry that uses blockchain technology. Independent media content producers can eventually is expected to have the most interest in this new platform.
MoviesChain is a platform-based blockchain, Movieschain works to distribute the film in a safe way.
You begin with a curious movieschain? Let's Peel along what is movieschain, and what would the advantages brought by the platform.
MoviesChain
Movieschain is a new platform cetusan TVzavr which is a film distribution Platform "market video-on-demand (VoD)" in Russia, the Movieschain platform aimed at distributing the film on the basis of a safe blockchain, and eliminate failures the first in the world to combine the viewers of the film and independent filmmakers in one platform.
Movieschain can we describe as "a revolution in independent film distribution", MoviesChain will be mendemokratisasikan world of publishing films, making it easier for independent filmmakers to compete, and their unmitigated also target to compete with films from the studio's other famous. The end result is "unmatched efficiency, transparency and global scalability," according to the official web site MoviesChain.
MISSION MOVIESCHAIN
The Mission of the platform is to provide a quality and independent films for the audience.
TVzavr want to support talented people who love and can make independent films as well as assisting them in obtaining income which they need for their effort and success in order to thrive.
The main problem faced by the film distribution industry today:
Independent film producers compete to earn income, with around 50% of income would be the middleman distributor
Funding to independent film producers are extremely rare, and the filmmakers were forced to compete with one another; in many cases, investors chose "earnings/profits from on a work of art", choose a project that generates the most money (such as preferring a sequel instead of independent project)
Movie producers faced losses because of copyright infringement and privacy concerns
Viewers don't have access to a choice of content, with the market dominated by big players like Amazon and Netflix, Hulu
There is no access to original content outside the conglomerate's main stream; centralized distribution among several major players only
The loss of advertising, and advertisers are not sure against the content of what they really pay
The market is affected by the fake websites and fake bot
Advertising platform has a poor targeting, restricting viewers ads
Overall, the independent film industry has an annual distribution market amounted to $20 billion. However, this market is dominated by only a few major players only. This is because disruption and democratization – MoviesChain and would like to fix this by using the blockchain technology.
MoviesChain aims to resolve all of the problems above with film distribution industry decentralize. Platform M
ovieschain provide independent film producers the ability to rent out their project even sell to a global audience.
One great advantage of using the Movieschain platform is a user can save up to 90% of the profit they can.
Ecosystem Movieschain will use token ZVR for all transactions made. Token-based blockchain ZVR cryptocurrency is designed to facilitate access to movies produced by independent film producer. Users can spend their tokens ZVR to rent or buy video content/movies.
The main advantage of platform MoviesChain include:
Display navigation that's easy to use
The sophisticated recommendation systems (similar to Netflix)
Price is attractive for lovers of content
Token cryptocurrency ZVR
Users can use the token ZVR to transfer a value directly to the customers through a network of MoviesChain.
Conditions of use in smart contracts will be written in a Turing-complete programming language Solidity. Smart contracts will also have a percentage distribution of income recorded in the contract.
MoviesChain recommendation system will be based on the geographical location of users, their activities, and their search history.
All content uploaded to the network MoviesChain will be protected in Cryptography. MoviesChain will have a Digital Rights Management System (DRM) itself based on AES encryption-128. The content will be distributed to the client via the MoviesChain content distribution network.
TEAM MOVIESCHAIN
There are more than 70 people working in MoviesChain. Management including specialists experienced in the IT field, PR, communication and content creation, as well as the development of the business. Project developer has a diverse background in software, hardware, and web development. Advisory team got the support of some experts in the financial sector, film, literature and entrepreneurship.
SOME AWARDS IN MAY
Runet Premium 2015
AdAdex Premium Awards 2015
Premium Digital Awards 2016
Silver Archer USA 2017
Big Digit 2017
Runet Premium 2017
A BRIEF EXPLANATION ABOUT THE ICO MOVIESCHAIN
MoviesChain token for token sales ZVR had begun on April 16, 2018 and will end on July 16, 2018.
A total of 70 million ZVR token that will be sold. ZVR token is the token ERC20 on blockchain Ethereum. Total supply by as much as 100 million token ZVR.
23% token assigned to the rest of the team's initial investment, 5% as a reserve fund, and 2% for the bounty.
MoviesChain sets the fundraiser (softcap) amounting to $5 million and the maximum (hardcap) will be as much as $30 million. The price of tokens will be determined at the moment of sale the token begins. During the first stage, only the white participants list which has been registering at www.movieschain.io can buy a token. 1/3 the first participants in the first stage will receive a bonus of 25%. The rest of the participants of the first phase will get a 20% bonus.
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