Hello Everyone, In this new post I will introduce about Movieschain project, and for more details let's just go to the following discussion:
What is MoviesChain?
Russian film distribution platform TVzavr launches a blockchain-based film distribution platform called MoviesChain. The platform aims to be the world's first blockchain, secure, and anti-virus blockchart distribution platform that brings independent movie viewers and filmmakers together.
Described as "a revolution in the distribution of independent films", MoviesChain will democratize the world of film publishing, making it easier for independent filmmakers to compete with larger studios. The end result is "unmatched efficiency, transparency and global scalability," according to the MoviesChain official website.
Token sales for the MoviesChain token will begin on April 16, 2018.
What Is The Problem Is FilmCain Seek To Complete?
FilmChain believes there is a major problem with the film distribution industry today, including all of the following:
Independent film producers compete for revenue, with about 50% of the revenue going to be the distributor's broker.
Funding for independent film producers is scarce, and filmmakers are forced to compete with each other; in many cases, the investor chooses "returns to art", chooses the most money-making project (ie, the sequel is not an independent project).
Film producers face losses due to copyright infringement and privacy concerns
Viewers do not have access to content options, with markets dominated by big players like Netflix, Amazon, and Hulu.
No access to original content outside the main streaming conglomerate; centralized distribution among several major players.
Ad losses, and advertisers are not sure what content they actually pay.
The market is affected by fake websites and fake bots.
The ad platform has poor targeting, limiting the audience of ads.
Overall, the independent film industry has an annual distribution market of $ 20 billion. However, the market is dominated by several major players. This is because of disruption and democratization - and FilmChain wants to achieve it by using blockchain technology.
How Is FilmChain By TVzavr Work?
MoviesChain aims to address all of the above issues by decentralizing the film distribution industry. This platform provides independent film producers the ability to rent or sell their projects to a global audience.
Why an independent film producer using the MoviesChain platform? One of the big advantages is that users can save up to 90% of the profits.
The ecosystem uses a ZVR token for transactions. The ZVR Token is a blockchain based cryptocurrency designed to facilitate access to films produced by independent film producers. Users can spend ZVR tokens to rent or purchase video content.
The main functions of the MoviesChain platform include:
Easy-to-use navigation interface.
Sophisticated recommendation system (similar to Netflix).
Price attractive to viewers.
Cryptocurrency Token ZVR.
Users can use the ZVR token to transfer the value of independent movie rights owners directly to customers via the MoviesChain network by TVZavr. Independent filmmakers can adjust the access conditions to their content, with all terms noted in the Ricardian smart contract. That means independent filmmakers can dictate and enforce access terms to their video content.
MoviesChain's recommendation system will be based on the user's geographic location, their activity, and their search history.
All content uploaded to the MoviesChain network will be cryptographically protected. MoviesChain will have their own Digital Rights Management (DRM) system based on AES-128 encryption. Content will be distributed to clients through the MoviesChain Content Distribution Network, or CDN.
MoviesChain will launch the 1.0 platform based on the functionality we described above. Version 1.0 of the platform will include the film distribution system and recommendation system for users. Other MoviesChain products will be launched with platform version 2.0, including all of the following:
MoviesChain University: An enhanced educational experience.
FilmChain Screen: A built-in social network that will enable filmmakers to communicate with specialists involved in various aspects of the movie industry.
MoviesChain Investment: The MoviesChain investment platform will enable the fast and easy crowdfunding of various movie projects.
MoviesChain Awards: Talent can participate in local, national, and international film festivals through the MoviesChain Awards network, which allows major movies to be recognized.
MovieChain Target: Target will be an advertising platform that brings together independent filmmakers from around the world, enabling them to promote their projects to specific target audiences.
MovieChain Promotion: The Promotion Platform will provide strategic interactive communication and communications.
Overall, version 2.0 of the platform will consist of a complete ecosystem of products and services designed to support filmmakers in a variety of ways. This includes social networking features, crowdfunding systems, awards, and more. The end result is that independent filmmakers can create high quality content more easily.
Who's Behind FilmChain?
FilmChain is being created by TVZavr. A Russian video on demand company was established in 2009. The company received $ 15 million in venture capital funding in 2010.
In 2017, TVZavr has 30 million users who watch videos on its platform every month. They make $ 10 million in revenue in 2017.
The company is headed by Alexander Pavlov (CEO).
For more information and join the current Movieschain social media please follow some sources for the following references:
The bitcointalk name: Aray80