Qravity [ICO]
What is Qravity?
Qravity is a digital entertainment production and distribution platform where decentralized creative teams get royalties for their work. Qravity provides a space for creative visionaries to collectively develop original monetizable digital content, including movies, music, games, e-books, and applications. The platform uses virtual tokens on the Ethereum blockchain to track digital content creation, distribute project stakes among creative team members, and bring Qravity-produced content directly to market. Blockchain technology makes the platform’s transactions transparent in terms of revenue, product distribution, and pro t sharing.
The Qravity platform is a decentralized digital content development and distribution platform with integrated project management tools, including asset production and approval, le sharing, and messaging for community and team communication. Project team members use these features according to their role. For example, founders can use the platform to direct their creative teams, while creators can track their progress and stakes. Upon project completion, Qravity brings the content to market, making it consumable through its platform, selling rights to distributors, and selling directly through third-party digital marketplaces like app stores and streaming services.
The Qravity Ecosystem:
Project founders can define new tasks according to what needs to be done and how a task ts into their project, to backup and rationalize the inclusion of new tasks. QPT value will be based on the approximate hours expected to complete a task and/or task complexity. For example, if 1 QPT = 15 minutes, a task that is estimated to take 1 hour to complete would be assigned 4 QPT. Five 1-hour tasks would then equal a total of 20 QPT. Projects have a cumulative total of QPT; as tasks are added, Qravity updates and displays the total amount of tokens created over the project’s duration.
Project Team:
Project founders divide their Qravity projects into tasks, then assign each task to a team member. This system creates a framework for project founders, enabling them to define a set of clear expectations for content creators and the project itself, using the tasks, and task criteria and completion, as milestones. Founders can add more tasks to their projects at any time. When a team member completes a task, they receive QPT in the amount specified by the project founder in the task’s definition.
Token Details:
Qravity QCO is an Ethereum ERC-20 token that serves as the cryptocurrency used for all Qravity transactions. Qravity pays royalties in QCO every time a distributor licenses content or a consumer buys or rents platform content. This model is similar to existing distribution and streaming models and uses QCO as its cryptocurrency. This makes project revenue transparent for all stakeholders. As a blockchain technology, QCO ensures that all project contributors, and Qravity itself, receive their fair share of their project's income.
Token QCO
PreICO Price 1 QCO = 0.0002 ETH
Price 1 QCO = 0.0002 ETH
MVP/Prototype Available
Platform Ethereum
Accepting ETH
Minimum investment 0.1 ETH
Hard cap 35,000 ETH
Country Austria
Whitelist/KYC None
Restricted areas USA, China, South Korea
Verdict:
Qravity is a decentralized digital content development and distribution platform with integrated project management tools. These include asset production and approval, file sharing, and messaging for the community and team communication. The QCO Boost pool holds a quantity of QCO that the platform distributes to team members as an advance towards their future royalties. Therefore, creators and project founders can get paid prior to project monetization.
Important links:-
Website: https://qravity.com
Whitepaper: https://qravity.com/en/whitepaper/
Telegram Group: http://t.me/QravityCom
Twitter: http://twitter.com/QravityCom
Facebook: https://www.facebook.com/QravityCom/
ANN: https://bitcointalk.org/index.php?topic=3913750.msg37585855#msg37585855
Bounty: https://www.altcoinstalks.com/index.php?topic=33238.0
ETH: 0xCc538c6335203Cd2e771F27d12F4c90695366407
BTT: https://bitcointalk.org/index.php?action=profile;u=1495664
