Blasting cars, whacky villains and cherried heroines splitting their legs either to kick an ass or else groove to a beat. Almost unbearable sound effects, over the top action sequences with bizarre twists to a story of no consequence. I had a pathetic experience watching a movie of a famous film star who looked bored and uninterested all through the movie. My pals and I returned home with a headache swearing never to go for the star appeal. The quality of mainstream cinema is degrading and depleting with brooding and repetitive tales of romance, action, and drama uselessly stuffed into one. Talk about experimental cinemas, documentaries, and independent movies, the general audience is hardly aware what lure and substance it holds. All due to lack of proper mediums, publicity, finances, and other such factors the parallel cinema suffers from only a small reach due to platforms such as Netflix, Amazon, Hulu controlling the content users would be able to see.
The American and Asian film industry accounts for the bulk of film productions with big production companies such as Warner bros., Paramount etc. as the market leaders. The proliferated content, copyright infringement, and piracy issues further restrict the scope of cinema. Another reason might be the third parties or intermediaries ending with almost half of the revenues. As such, the independent cinema and directors suffer a lot and a major disruption need be done to provide a transparent platform for viewing, meeting, publicizing and disseminating information about films.
TVzavr, a leading Russian video-on-demand company, established in 2009, has come up with an innovative platform powered by blockchain: MOVIESCHAIN.
The platform addresses the above-mentioned inefficiencies by completely centralizing and disintermediating the independent distribution industry.
The best part, the producers, and directors of the film are free to rent and sell their products to a global audience and keep up to 90% of the profits.
It is the first blockchain based platform to bring together film viewers and independent cinema through a secure, failure proof medium with unmatched efficiency transparency and scalability.
- It has a user-friendly interface with customized access and video rights for filmmakers, recommendation system based on the country, activities and search history of the user.
- All the content and the accompanying rights are cryptographically protected using its own DRM digital rights management and customer delivery network or CDN.
- The platform binds the users in Ricardian smart contracts that readable by both humans and machines, and act in the capacity of legal documents.
- The smart contracts remove the necessity of any middlemen and curb excess costs because they automatically run on a blockchain and are transparent and immutable.
- The customers each will be allotted with a wallet to transact smoothly on the platform.
- Weekly contests and reward programs will be held for the users. Competitions and film festivals shall be held to honor quality cinema and actors.
- The platform will have a global scale with its reach in almost all the continents and target niche audience for parallel cinema.
- It will be accessible on the internet and mobile platforms (Android and iOS). The filmmakers will be free to choose the frequency and mode of their loyalty payments and much more.
- It will consist of a university to train and provide experience to budding filmmakers, a Screen: a built-in social network to assist in formation and development of project teams, an Investment platform for crowdfunding to create new films, Target zone to help makers target a specific audience, Award zone to encourage talent and much more.
It will take care of the overall requirements of an industry ranging from training, educating, promoting, creating, collecting and viewing films. It will be an open and secure decentralized ecosystem to provide quality entertainment at reasonable costs.
ZVR tokens and their ICO details:
ZVR will be launched as an ERC20 based utility token. It will be used as a mode of payment for film viewing on the platform and on their official website. They can be used to take part in the customer reward scheme and also to reward those who leave valuable feedback and appreciation.
A total of 100 million tokens will be issued out of which 70% will be up for public sale. The token sake will take place from Q2 to Q3 2018. The soft cap will be 5 million while the hard cap is $30 million.
Concluding Verdict:
An open theatre covering several nations is promising for the users as well as the makers. The users will be able to watch and connect to people and movies particular to their taste. Bounty programs, referral programs and reward programs to enhance the user experience.
The tokens will be listed on the stock exchange after the crowd sale but do not have ownership rights. The ecosystem as such as has everything for everyone.
For more details visit:
Website: https://www.movieschain.io/
Whitepaper: https://www.movieschain.io/whitepaper/
Telegram: https://web.telegram.org/#/im?p=@movieschain
Blog By: Lanirm Knayam
BTT Profile: https://bitcointalk.org/index.php?action=profile;u=1308391