THE SLATE PLATFORM REVIEW

aaabossbaby (29)in #entertainment • 6 years ago (edited)

Entertainment is one of the major ways people relieve stress and enjoy themselves at their leisure times, be it going to the movies, live concerts and most commonly streaming videos through mobile devices. The increase of the use of mobile devices over the years has been a huge revenue source to entertainment creators thus making them one of the most successful industries in the society.

Despite all these, there are several problems battling the entertainment industry which ranges from the fact that piracy is reducing revenue, lack of transparency among entertainment creators; customers are not satisfied as they are getting low quality content after paying heinous fees for entertainment and this is gradually reducing the credibility of the industry.

To make these pressing issues better, platforms like Netflix and Cryptoflix came up which will only ease the problem for a while at a high cost as they do not have the capacity of eliminating it as sooner or later the entertainment industry will go back to its former state.
For the entertainment industry to move on to the next generation, definite steps must be taken to eradicate this and this is exactly what SLATE NETWORK intends to do with the backing of decentralized distributed ledger technology powered by blockchain.

SLATE

This is a decentralized blockchain powered entertainment platform created to deliver high quality videos to users all around the world at affordable prices and high speed while also aiding the acquisition of tickets for live events.

Slate platform intends to share to its users through its cryptographically secure multilayered network ability to get high quality videos globally, encourage the usage of slate digital currency to ensure transparency among content creators producers and distributors.

The slate platform operates through three main features which are:

SLX Token

This is the digital currency of the platform and is intended to be used by users to pay for all entertainment content gotten from the platform and it is in turn used to repay content creators. The token is built on decentralized blockchain ledgers that is immutable making all payments secure, traceable and tamper proof.

BINGE streaming video on demand (BVOD)
This feature was designed with the aim of performing video streaming through the use of distributed ledger technology offered by blockchain. Because it has the backing of blockchain, streaming is done with ease transparently while also revealing customers tastes in regards to videos they stream.

Binge will be a subscription based platform that will be purchased with the use of the SLX Token exclusively, provide scalability in the commercial entertainment industry through Binge Video On Demand, supports real time payments, elimination of geographical restrictions, and removes piracy, all at very reduced price.

SLATIX

This is a mobile app created by the Slate network where customers can go to in search of various entertainment content that suits their needs and books tickets for various live events. This platform is backed by blockchain technology; hence it provides the opportunity to pay for tickets and subscriptions on this platform with the use of digital tokens, makes tickets bought resistant to forgery, earn discounts upon repeated purchase and also the presence of authentic reviews on entertainment content.

Why should everyone utilize the SLATE NETWORK?

The Slate Network offers a wide range of benefits to all parties of its ecosystem and they include:
Provision of high quality videos and other entertainment content to customers at relatively cheap prices.
Content creators, producers and distributors are able to get maximized profits from their entertainment products as no intermediaries are involved as they are able to deduce directly the tastes of their customers and work within that range.

Customers have rest of mind as tickets purchased on the platform are forgery resistant and cannot be used by other persons except if transferred appropriately to them.
Because of the platform decentralized protocol, customers from all around the world can purchase videos and tickets as geographical restrictions will be removed.

In conclusion, Slate Network will change the entertainment industry for the better as customers will be able to get high quality entertainment content for cheap prices and creators of this contents are rewarded generously which is a dream come true for the entertainment industry.

Token Details
Token: SLX
Platform: Slatechain
Type: ERC20
PreICO price: 1 SLX = 0.20 USD
Price in ICO: 1 SLX = 0.27 USD
Tokens for sale: 456,000,000
Min. investment: 500 USD
Accepting: BTC, ETH, LTC
Distributed in ICO: 48%
Soft cap: 20,000,000 USD
Hard cap: 100,000,000 USD