SLATE: Entertainment Utility Protocol

ezine (40)in #ico • 8 years ago (edited)

Overview and BlockChain Video on Demand

The modern technology has entered into all the fields now. It revolutionized the way how we spend our regular life. The newest technology is BlockChain technology and it has started changing our daily life and will bring it to a whole new level. When we talk about entertaining industry, Televisions, Cable TV connections and Movie theaters were replaced later by video on demand technology. Now, Binge is ready to change the streaming industry in a revolutionary way by connecting it with modern BlockChain technology. By the nature of being decentralized, BlockChain based video on demand technology will able to provide low-cost, high-speed and high-definition media access to the people all over the world no matter what part of the earth they live. Binge’s BlockChain Video on Demand (BVOD) technology creates a bridge between the creators and the distributors and it will allow them to address and gather huge audiences internationally.

What is SLATE and what it does?

SLATE is a powerful BlockChain based utility protocol that provides entertainment powered by a multilayered network secured cryptographically. As I told you earlier in the above paragraph, this decentralized system will able to provide low-cost, high-speed and high-definition media access to the people all over the world. Also, it will enable the facility for live event ticketing on the BlockChain. It uses SLATE coin (SLX) for the transaction on the platform and consumers can spend those SLX tokens to get the best entertainment experiences offered by the platform. The goal of the usage of SLX is to enable the fair and transparency between the creators, producers and the distributors. With this, the creators will be paid fairly and the consumers will able to get the best and high-quality entertaining experiences. This ticketing system with SLX will eliminate the frauds in the industry and another advantage is the service providers who are holding the SLX tokens will be able to earn more by delivering and storing the contents. SLATE is a cryptographically secured multi-layered network and below graph shows how the layers look like.

Mobile app of SLATE

They have a mobile app powered by the SLATE network. It is called as SLATIX and it is used for entertainment discovery and ticketing. The users of SLATIX can receive more benefits like they can get discounts and access to lots of entertaining events like movies, concerts, sports and lot more. Also if the users use the SLATIX repeatedly they will be rewarded with some loyalty they will receive an unparalleled entertainment experience. You will be able to catch all these experiences once you are on the platform.

Tokens sale of the SLATE

They are using the token SLX to power the platform. The BlockChain network of SLATE works as the engine of the Slate Entertainment Service and it also works as the publicly distributed ledger for the token SLX. They have introduced a pricing scheme for the tokens and below you can find the ICO details of the project SLATE.

Total SLX supply is 9,500,000,000

Team

It is no doubt that the team of any project makes a huge dedication to make the project a reality and a well experienced and seasoned team in the industry is a key factor for the success of any project. When we have a look at the team of this SLATE project, the team consists of BlockChain experts, talented business persons, technical professionals, and creative minded persons. You can find the details of the members of the team by going to their website. They all have LinkedIn accounts and that shows that they are real persons and not the fake team members.

Community and media

Having a well expanded and spread community is vital to spread the words about the project to the world. When considering the SLATE project, there are nearly 27K members are actively involving the project on the official telegram channel of them and they keep updating their social media pages regularly.

Conclusion

With the decentralized system powered by BlockChain technology, the users are able to get a high-quality BlockChain based Video on Demand Service with the SLATE platform. It is no doubt that this service will bring the entertainment experiences to a whole new level. If you are an investor who is looking for an ICO to invest your hard earned money then I think it is better to consider about this project as this project has a great potentiality in the future. By the end of this article, you will able to find all the important links related to this project.

Important links