Imagine that your favorite film producer asks you to partner up with him to produce the next great film. With Spokkz, this is not just a dream. You can use SPKZ tokens to crowdfund your favorite shows before they are even released. Moreover, you will have an opportunity to share the fame and success of the shows you support.
Despite the technological advances, the content streaming sector has some problems. For example, YouTube takes most of the streaming revenues while small percentages are actually going to the creators of the content. Content consumers are also not rewarded for invaluable reviews, ratings and other forms of feedback.
For example, you write a review and get tokens, but when a lot of people like your review, you get additional bonus tokens. They can be used to fund your subscription or can be used on other DAPPs to make purchases of products. In addition, you can also sell your tokens anytime you want and convert your tokens into cash.
Generally, the main difficulty of modern media is the monopolization of content. Large industry players impose certain films, show programs to viewers and charge an unreasonably high fee for watching. This also leads to a serious limitation of choice for the reason that single players can’t enter this market as the promotion of high-quality content may require excessive financial investments.
The decentralized ecosystem Spokkz was created with an aim to radically change this situation. The viewer decides which films, series or videos are shown and at what cost, as everyone can support an interesting film, TV series, a telecast, voting for it or financing its creation. So Spokkz gives users access to the media market.
How is it going to work? Spokkz is launched by Spuul, which has over 60 million users in 180 countries, generating revenues of nearly $ 15 million. It has become one of the top Video On Demand providers with an extensive library of premium Asian-focused content over the past six years. Spuul has decided to implement the blockchain technology and to tokenize its business with Spokkz. In general, SPOKKZ token will eliminate the need for expensive third parties between TV and film producers, the audience that watches it, and even the stars of these shows.
Spokkz Token and ICO Details
The Spokkz coin provides access to all the services of the crowdfunding platform. It can be purchased at the ICO, and then earn for active participation in the life of the community. SPKZ tokens allow you to finance interesting projects by unifying creators of the content and fans into one team, and also buy quality movies and videos. Viewers are also rewarded with tokens for sharing their favorite videos among the community — basically rewarded for being actively engaged in the video-watching. If desired, coins available on the account can be exchanged for Bitcoin and Etherium for further withdrawal from the internal account.
Start of the ICO: June 28, 2018
Finish of the ICO: September 9, 2018
Token: SPKZ
Platform: Ethereum
Type: ERC20
Price in ICO: 1 SPKZ = 0.08 USD
Tokens for sale: 300,000,000
Accepting: ETH, BTC, Fiat
Distributed in ICO: 30%
Soft cap: 5,000,000 USD
Hard cap: 12,000,000 USD
Token Distribution
Funds Distribution
Conclusion
In fact, Spokkz will turn the business of media consumption into a community economy. You can receive SPKZ tokens for reviewing, sharing or recommending content and then use these tokens to fund content projects of your choice.
The platform aims to create a decentralized ecosystem and marketplace where film lovers will join advertisers, stars, content creators, and merchants as stakeholders determining what format of the content will be broadcasted, supporting a particular project. With Spokkz, viewers are involved in a close and supportive partnership with the creators they respect.
Website: https://spokkz.com/
WP: https://spokkz.com/static/documents/whitepaper.pdf
Author on BCT: Melnikof https://bitcointalk.org/index.php?action=profile;u=1152502