Everyone loves clicking Videos. Today, every second, millions of videos are added online. The SVOD platforms like Netflix are dominating the entertainment industry today which leaves little negotiation power with the content creators. The content creators do not get their deserved profit and are forced to accept the payment agreement which is given by these SVOD platforms.
Today purchasing tickets have shifted to digital platforms. These digital platform which eases the process of ticket purchase charges 20% service fees. Fraudulency has also been increased due to online purchases as it is difficult to figure out the authenticity of the tickets.
Solution Offered
BINGE which is the blockchain video on demand will provide a platform for the content creators where they will be compensated equally for their work. It will also offer consumers lowers subscription fees as compared to centralized SVOD.
SLATIX is a decentralized ticketing solution which will eliminate the frauds taking place during online ticket purchases. Blockchain stores and shares the data once stored and does not allow any user to manipulate it. This will provide counterfeit-proof tickets to the users. Enterprises will also get benefits from SLATIX as they can sell and verify blockchain based tickets and target the right audience based on analytics provided by this platform. The service fees will be far lesser than the fees charged by centralized digital platform.
What is SLATE?
Basically, SLATE is a blockchain-based entertainment utility protocol powered by a cryptographically secure multilayered network. The decentralized system will deliver low-cost, high-speed, high-definition video globally and facilitate live event ticketing on the blockchain. Consumers will be able to spend SLATE cryptocurrency (SLX) on some of the best entertainment the world has to offer. The use of SLATE enables fair and transparent compensation between creators, producers, and distributors. Creators are compensated fairly and consumers get higher quality entertainment. Tickets purchased with SLATE will be forgery resistant, virtually eliminating fraud. Service providers holding SLX can earn even more by storing and delivering content.
Token Distribution and Details
From a total of 9,500,000,000 SLX, 48% is reserved for Token sale while 21% would be used for Content, 18% is reserved for Slate Group, 7% for Marketing and 6% is used for Development.
SLX is the cryptocurrency utility protocol that drives the Slate Entertainment Ecosystem. The SLATE blockchain network is the public ledger for SLX and the engine of Slate Entertainment Services. The initial sale of SLX will capitalize the development of the SLATE Network and the Slate Entertainment Ecosystem. The initial sale also distributes SLX to participants in the SLATE Network as service providers, consumers, or both.
Name: SLATE
Symbol: SLX
Type: ERC20
Total Supply: 9,500,000,000
Min. Purchase: 500 USD
Accepted Currency: BTC, ETH, LTC
Softcap: 20,000,000 USD
Hardcap: 100,000,000 USD
The total sale distributes 48% of the total network supply of SLX coins. The sale is structured so that earlier purchasers get fair bonuses. The Token sale opens at three cents ($0.03), and rises by a quarter of a cent ($0.0025) every four day period, to a peak of 4 cents ($0.04).
Team
The team is a group of experienced individuals who are talented business, creative, and technical professionals with expertise in multiple facets of entertainment and technology.
Find out more, visit
Website: https://slate.io/
White paper: https://slate.io/SLATE_WHITEPAPER.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=3399383.0
Telegram: https://t.me/Slate
Twitter: https://twitter.com/slatecurrency
Facebook: https://www.facebook.com/slatecurrency
Published By: Hurricanecol
BTT Profile: https://bitcointalk.org/index.php?action=profile;u=1576406
