MILC ICO - MILC may be a blockchain project of "Welt der Wunder TV", a German-based broadcast network. Welt der Wunder has over twenty years of labor expertise within the field they're targeting with MILC (Micro Licensing Coin).
They are not designing on coming into new markets, however, revolutionizing the reality. they'll build a wholly new platform for licensing, mercantilism and commerce of international broadcasts, VOD, and online video content. The MILC Token can function as a utility token with whom the client is ready to build all payments through the platform.
They can directly move with one another, go through intermediaries and drastically scale back the price of the meant content. All of this is often supported through good contracts ruled by blockchain. The platform works utterly trust-free and automatic. The sales platform won't be associate degree empty market watching for vendors and customers. To initiate the adoption of the platform, Welt der Wunder TV can feed the platform with many thousand hours of top quality programming directly upon completion. this is often one thing somewhat distinctive compared to alternative comes that largely take an explicit quantity of your time to induce the platform running and build revenue streams. At the MILC project before long.
How MILC Platform Reform the Content Creation Industry
The process of integration the blockchain technology through MILC platform supply a good variety of advantages. they'll be signified as follows:
A means of creating costs that usually takes into consideration the objectives of the corporate on however they put aside the profits from its revenues and additionally integrates the assembly price within the method} process. The clear system of the MILC platform giving the information of Sales outcomes and additionally of the usage varieties provides a good information and understanding of the value orientation to the producers.
The MILC platform will outline the correct templates supported the usage periods and additionally keeping doors open for any negotiations
The minds behind the MILC platform development square measure all specialists in their individual fields and well adept to predict the threats that the trade may face and impact those findings to supply a viable resolution
The MILC platform supplies the possibility to the content producers with the thought of their probable customers to whom their contents attractiveness the foremost and increasing their chance of generating a lot of revenue. this will considerably scale back the commissions related to the sales method.
Through the assistance of MILC platform, the purchasers will return directly in grips with the particular suppliers to seek out their desired contents that greatly enhances their selections and reduces their dependency on the intermediaries. With this profit, the purchasers will directly discuss their desired content that the supplier may work upon. It additionally gives the producers the chance any asses the market demand and styles their contents consequently.
This digital platform permits the purchasers to surf through the alternatives and notice the contents that fall within their value vary.
Problem
The significant downside lies in world handiness. the world system varies and variations in jurisprudence, likewise as language, complicate the method. Knowing the distinction may be a skilled business during this sector and troublesome to grasp by the layperson.
To date, no standards are set. As a result, most licensing agreements, albeit terribly similar, still be developed and developed. trusty partner structures that standardize and change contracts whereas giving each high-end and non-legal vendors and consumers of protection.
MILC Solution
Content homeowners on the MILC platform will opt for a wise contract that suits their desires and sell their content, and also the platform will transfer videos at top quality. The video itself is unbroken on the cloud platform and also the platform for following low-resolution reproduction potential consumers. The user UN agency needs to receive the content pays the present crypto cash on the platform like BTC and ETH by choosing the acceptable license parameter from the video library. Payments may be created with nominal currencies like EUR, USD, and CHF. Once the payment is formed, the API on the platform interprets {the cash|the cash|the money} into MILC tokens and also the money is distributed to content homeowners with good contracts.
