Abstract
Any where in the world today entertainment take huge part in the economy as it makes people happy, reduce tension and calm nerves. Entertainment can also bring people from different area of life together through sports, wrestling, festivals , movies and many more. The existing platform on entertainment are lacking some features this is why SLATE want to make use of blockchain technology to solve this problems.
INTRODUCTION
Any where in the world today entertainment take huge part in the economy as it makes people happy , reduce tension , and calm nerves. Entertaining can also bring people from different area of life together through sports, wrestling , festivals , movies and many more. In the world today entertainment generates more then two trillion dollars annual revenue worldwide. In the world today the US has the highest market with $712 billion followed by China with $157 billions. The industry is large and comprises of so many sub sectors, any where in the world that world entertainment is narrowly associated with the film industry. In today there are many online companies that are deals with entertainment and this are Hollywood studio, Netflix , Amazon prime and Hulu. All this platform are online platform where customers have to make subscriptions to watch a movie , serious, documentary and many more. The existing platform are still lacking in some areas that's why SLATE want to make use it blockchain technology to solve this problems.
SLATE ECOSYSTEM
Slate Entertainment Group Inc. ( SEG ) is made up of highly skilled team of people who understand business, highly skilled amalgamation of entertainment, and with technical expertise. SEG is a platform that will make use necessary tools and strategic vision to execute and develop a platform that will be on blockchain technology and this will be driving by a digital currency that is developed for mainstream adoption. The slate eco system will comprises of 3 features which are;
- SLATE entertainment utility protocol- SLX Token: this is the token that will be useful for customers on the platform to purchase content easily from any part of the world.
- BING streaming blockchain on demand platform-BVOD: this is a decentralized platform for video streaming which will be content from original source. Bing is the first scalable commercial platform on blockchain technology that will make use of distribution ledger technology to create the power of Blockchain Video on Demand ( BVOD ). Every slate token holder will have access to the platform. Bing is platform develop to compensate content creator through the transparency provided by blockchain technology.
- SLATIX tokenized ticketing application
ADVANTAGES
- Affordable service: the service is cheap compare to other traditional platform.
- No geographic restriction: the platform can be access from any part of the world.
- It will reduce piracy: one of the problem of traditional film industry is piracy which is estimated to cost millions of dollars annually. The platform will make use technology to protect the content so that it can't be copy.
- Incentives to users: the platform is going to give incentives to users who refer people to the platform.
TEAM
The team is made up of people who understand the entertainment industry, business and blockchain technology.
CONCLUSION
The entertainment industry is a huge market in every part of the world i.e US , China and India e.t.c. This project is a very good one and everyone should buy into it.
For more information on Slate, kindly visit any of the links.
Website: https://slate.io/
Whitepaper: https://slate.io/SLATE_WHITEPAPER.pdf
Telegram: https://t.me/Slate
Twitter: https://twitter.com/slatecurrency
Facebook: https://www.facebook.com/slatecurrency
Instagram: https://www.instagram.com/slatecurrency/
Discord: https://discordapp.com/invite/ENuwHH5
GitHub: https://github.com/slatecurrency
Writer: dammy
Bitcointalk Username: dammy1988
Bitcoin Profile Link: https://bitcointalk.org/index.php?action=profile;u=1340111;sa=summary