Recently launched the Six Network project to revolutionize the digital creative industry with the power of Blockchain technology. Today Blockchain will tell you what the project is.
What is Six Network ?
Six Network is a platform created for the digital content industry , looking to solve the current problems in terms of fees. Platform exclusivity In addition, Digital Creative 's credit is derived from the combination of digital content companies in Thailand and abroad, such as Ookbee Tencent . Digital market is worth $ 11 trillion.
Problems in the current Digital Creative industry .
Monopoly issue
Let's imagine that if we are a novelist who wants to sell writings. What we must do is we must channel our work, such as Market Place , whether it is the App store or Play store , which in fact is a platform for those that eat a slice of a very high current up to 30. % For example, if we determine that every person who reads our books must pay 0.1 baht each. Think that if our books sell well, people read 1000 times, that is, we will have 70 dollars to spend on intermediaries. 30 Ba And when we withdraw money, what happens is that the bank charges up to 15 baht, instead of 100 baht we can return. 55 Baht
Liquidity problems
What is happening is that the state of the industry is very liquid. It is equal to that if Digital creative people do not have enough sales work that is happening. You will not be able to withdraw money, and if we use Platform at Ookbee we could medal Ookbee to use the system. What is happening is that the coin is only usable in the system, it can not be exchanged for anything else with the problem of transaction costs.
Ownership issue
Another is the ownership of Digital Creative, as if we are a composer to create a work. But our work will be monopolized. Intermediaries like music camps or platforms. If we think to move camp or bring music to play. There are problems with monopolies.
Credit and Credit Problems
Another problem is that if the Digital Creator will find a loan or financing source, it will be very difficult. If we are musicians who would like to have the capital to rent a studio to make music. If you do not have a pay slip, you will not be able to access it.
SixNetwork solve all this, however.
Six Digital Asset Wallet
What is Six doing is creating a Wallet that can store Digital asset of the Copyright of Digital Creative and Technology Blockchain what happens is that the Digital creative will own portfolio and truly can work well with. Without intermediates The middle of the game, such as Playstore or Appstore, is just a service that can help us find a trade. The intermediaries will be competing to lower the cost of intermediaries.
Six token & Smart payroll
SixNetwork build Token named Six used the system as it is made from the platform of Stellar , which cost a fee of around 0.0007 cents made no issue fee of Six is a medium for trading Content everywhere. By working on a Smart contract , Six is the medium that will solve the liquidity problem, because it can change into any value.
Liqui pay
This is the system to apply for credit to Digital Creative through the function called Instant pay. If Digital Creative is using the system of SixNetwork throughout, the system stores the content of the content and can be borrowed to the system using the results. The work itself is a guarantee.
Tokenization loyalty and reward point
With Six, it can be a medium of exchange for other values, such as Credit card or debit card In the past, the exchange of value was not possible because of the lack of medium in exchange. And there are other issues, such as if we redeem a different bank credit card. Both banks must come. Manage other costs such as expiration date and redeemable items. This problem will be eliminated by using Six as a medium because every company can use Six or coin under Six to exchange points. These processes are very easy.
Roadmap
In the SixNetwork 's White Paper, the Road Map is divided into 5 waves .
Wave 1 of the fourth quarter in 2018 , the SixNetwork to create SIX Wallet SDK includes micropayment followed by Loyal point in Wave , the second part of the Wave , the third is in the Liqui pay.
Team Partner advisor
The team has many contacts in the Co-founder , have you Nattawut Pungchareon race, the founder of ookbee you Watchara each founder of Computerlogy.
In most of the advisor had many interesting contacts in various industries, such as the Korean won artist Akira Morikawa former Ceo of Line japan Boy's classic Pong, CA from loveis you register the predominant cultural CEO of BNK48.
The Partner section consists of: Entrepreneurs in digital creative industry in Thailand and abroad.
ICO
SixNetwork be softcap at 15 million dollars Grohl and Hardcap at 42 dollars Six of limited 1,000,000,000. Million divided proportionally by the bottom portion of the field is locked to develop a 1-2 year period presale will begin on 3 April by a bonus of 6% of the Six will be sold at a price per unit. 0.1 dollars, or 3 baht currency was estimated by ETH or XLM can KYC at https://ico.six.network/login.html. And see more at. https://six.network/
Review of the author.
SixNetwork is a very interesting project, and it really is a real solution in the field of Digital Creative. By using Blockchain technology, it creates other possibilities in the industry. One of the interesting things is that the concept of using the Token of SixNetwork is straightforward and straightforward. If the Digital asset wallet succeeds, we should see a broader Hardcap of 42. Millions of dollars will go out a little. But with the experience of managing money like Ookbee and YelloMobile, which includes many partners and advisor in Thailand and Korea, should make SixNetwork successful.
