Films are something that many of us love to see, and a few of us love to make. Take, for example, a cousin of mine. He's deeply interested in shooting short films, and thanks to the great quality of cameras today in smartphones, shooting them is no big deal. But when I asked him why is he only aiming to do it as a hobby and not do it as a profession since he is so good at it, his reply was, "Someone stole my work and uploaded it on YouTube and earned a lot of money. Also, it does take more funding to do a good work, where will I get this? And even if I manage to get the funds, is there any guarantee that my work won't be stolen again?"
His answer made me think. He was right.
The movie industry, despite its glamour and glitter, is not free from its problems, especially for the new entrants.
Seeing this, MoviesChain thought of a wonderful solution for these new entrants that will help them to make it big in this industry.
What is MoviesChain?
MoviesChain is all set to eliminate this problem. MoviesChain will try to remove all intermediaries involved between viewers and filmmakers. This will allow the filmmakers to get more rewards for their work. Earlier, more than 50% of the profit was gulped down by the intermediaries involved, leaving a small fraction for the ones who worked hard.
Not only this, MoviesChain will also challenge the monopoly of the big movie studios and come up with a new content distribution strategy that will encourage more independent filmmakers to submit their work.
This will remove the major obstacles in the way of the new entrants into the market.
Also, the filmmakers will start earning from their films as soon as they are published, contrary to the current system where they have to wait for a long time before the intermediaries clear their dues.
In short, it will change the way the film distribution market works completely.
How does it work?
Imagine, an apple is being sold by a seller in the market. Does he produce the apple? The answer is no.
The apple comes from a farmer, this farmer sells it to a wholesaler. The wholesaler sells this to a distributor, the distributor to the retailers, and finally, we buy it from them.
At every step, the participant keeps some profit for themselves. As a result, the price increases at every stage.
But what if we could buy these items directly from the farmers? We would have been able to buy it at a lower price.
Similarly, for film distribution, if the intermediaries can be removed, then the filmmakers can earn a much greater revenue. And they deserve it as well. That's exactly what MoviesChain does.
In this manner, it changes the way film distribution works.
About ICO
The ZVR token is the altcoin of the MoviesChain platform.
The total number of tokens generated is 100,000,000 ZVR.
The ICO token sale will take place from Q2 2018 to Q3 2018.
70,000,000 ZVR tokens will be sold during the ICO phase in 4 phases.
The maximum bonus will be available in 25% and will decrease in each phase, to a minimum 5% in 4th phase.
The project will be accepting ETH and BTC.
Verdict
The film distribution market, despite its glitz and glamour, has a lot of problems, especially for the new entrants. Copyright issues, payment problems and no proper investors for funding their works are some of the few prominent problems that are crippling this industry.
Introducing MoviesChain, a completely new film distribution platform that will change the way new filmmakers can market their content.
It will remove all intermediaries and create a direct interaction between viewers and filmmakers, thereby increasing their revenue by up to 50%.
Not only this, the monopoly of the big movie studios will also be challenged, making it easier for the new entrants to the enter the market and try their luck
MoviesChain will also ensure timely payments to everyone involved, thereby giving them the impetus to work harder.
In short, MoviesChain will change the industry completely, for the better!
Website: https://www.movieschain.io/
Telegram: https://t.me/movieschain
Twitter: https://twitter.com/movies_chain/
Blog by ollivander7
BTT Profile: https://bitcointalk.org/index.php?action=profile;u=1069616
Definitely interesting to see more coins being made to disrupt Hollywood. How does this coin eliminate intermediaries? Do they have a distribution platform where these filmmakers show their movies? How can these filmmakers be paid upfront when content is produced if the content might not even be good? Just a couple questions I have because there needs to be a change in film financing.
You should check out MovieCoin. It is being run on Bankex's platform, and the CEO is Christopher Woodroow. He produced Birdman, Hacksaw Ridge, Black Mass. I put a small review and their whitepaper on my blog, might have to screen down a bit.