LetItPlay ico
Welcome my dear friends . I have prepared for you an overview of the project.The decentralized platform LetItPlay will unite the participants of the audio content market. According to the developers, the audio channel is the only one that people have time for. They claim that a person has an average of three additional hours to perceive information by ear, while he is busy with some other things. "The visual channel is exhausted!"- explain the developers.
Advantages of audio content
A significant part of the time an ordinary user spends on the consumption of visual content. This TV and video on the Internet, books, news, social networks, games and so on. The range of visual content is constantly expanding, but free time from this is not added, and in the conditions of increasing the efficiency of its number is reduced.
However, in a day one person has about three hours when he can consume audio content - during meals, sports, walks, trips or cleaning. This type of information has an obvious advantage - you don't need to be distracted from everyday tasks by your voice, unlike visual content.
Despite this, only 1% of the information is now available in the audio format. Everything else is occupied by the visual. At the same time, you can translate the text into a voice in 95 cases out of 100. In audio format it is also possible to recycle 90% of the video.
How it works?
The team of LetItPlay intends to create a platform where content owners and producers, its distributors, advertisers and users will work together.
Content producers want to expand their audience, so they are interested in new formats. They will order on-site "translation" of video and text into voice. Distributors are developing a content delivery system, professionals are engaged in information processing, and advertisers can easily find their target audience.
As a result, LetItPlay creates a platform through which:
there will be new jobs (speakers, editors, translators),
providers will receive a lot of orders,
the cost of producing minute audio will be reduced tenfold and will cost less than $1,
production time will be reduced to half an hour,
providers will have access to a platform where you can quickly and cheaply produce content,
consumers will find a lot of relevant and useful content,
distributors will be able to obtain a database of content for the production of applications, audio books, etc.
Tokens PLAY
In total, 1 billion play tokens will be released into circulation. It is planned to collect 500 ETH. Pre-ICO is held until the end of February.
Bonuses:
Pre-ICO – 30% PLAY,
The first phase of the ICO – 20% PLAY,
The second phase of the ICO – 10% PLAY,
The third stage of ICO-5% PLAY,
The fourth stage of ICO - no bonuses.
Token distribution:
36% - development,
35% - community development,
12% reserve Fund,
7% marketing,
3% - legal issues.
Details ICO:
The LetItPlay ICO token is an ERC20 token based on Ethereum. The token sale date is from April 2 to June 1, 2018, and the token is divided into 4 stages of the sales process. 60% of the available (1,000,000 PLAY) will be available for public release.
The name of the token: a PLAY
Total tokens issued: 1000 000 000 PLAY
The price of a token: 1 ETH = 10,000 PLAY
The timing of ICO: 25.12.2017 - 15.06.2018
Softcap-2,000 ETH
Hardcap-10,000 ETH
Road map:
The two-year road map is designed to promote balanced and gradual development in three areas: platform, blockchain, community and content.
Links to the project:
Website: https://letitplay.io
Technical document: https://letitplay.io/wp/WP_en.pdf
Telegram: https://twitter.com/letitplay_io
Twitter: https://twitter.com /letitplay_io
Facebook: https://www.facebook.com/letitplayio