ICO market is nowadays pretty similar to the Wild West during the gold rush period. It is possible to earn money very quickly, sometimes even good money, but you have to find a perfect spot, or in this case, a good project to invest. Common thing to the Wild West? No guaranties and almost no law. It is pretty easy to find bad cowboys which are going to promise you golden mountains to steal your last piece of bread. So in all this mess, if you want to find your gold nugget, you can trust just your own brain composites.
So did I and during my research I found the project in which I really put my faith: QRAVITY. Very likely you haven’t heard about them, project is made by great team members. Nevertheless, guys have an advantage, many other teams does not: already existing product made on a very perspective field. But these are not all pluses I found in this project. Below you can read the analysis and decide on your own, do you want to send some pennies to the pot.
Qravity is a space where content producers and creators can collectively develop original monetizable digital content, including movies, music, games, e-books, and applications. Project founders split their projects into tasks, then, using smart contracts on the Ethereum blockchain, the platform automatically tracks progress, distributes stakes among participants, and makes content directly available to distributors and consumers. Blockchain technology keeps all transactions on the platform transparent in terms of revenue, product distribution, and profit sharing; it also prevents copyright and intellectual property infringement.
Our goal is to improve collaboration and help project founders and creative professionals overcome the challenges that hinder digital content projects. To achieve this goal, the Qravity platform is simplifying the development and distribution of unique content and making it fairer, and more rewarding, for those who create it.
The vision of the platform is revolutionary, as it provides a space for creative visionaries to collectively develop original monetizable digital content that consumers crave while decentralized creative teams get royalties for their work.
The goals of the Qravity platform are to bring the digital media content creators together to develop their ideas, empower the digital media content creators to develop their skills, and to give the digital media content creators ownership of the projects they contribute to.
One of the main ideas behind Qravity is that creators should own, and profit from, their work. To accomplish this, the platform provides an online space for collaboration and flexible project management. This eliminates the obstacles indie creators often face when trying to conceive, develop, monetize, and distribute unique content, including, but not limited to financial issues, lack of experience and exposure, difficulties finding the right team members, and struggles getting the deserved recognition.
Qravity also has its own currency token, as well as a system of smart contracts based on the Ethereum blockchain that the platform uses to track the process of content creation, distribute royalties among team members, and Qravity-produced content directly to market.
Just like the projects it will soon host and distribute, Qravity itself has been under development for a long time. Thanks to our first-rate team of software engineers and designers, we’re nearly ready to launch our game-changing platform. In doing so, we’re aiming to transform the way the world creates, distributes, and consumes digital entertainment in a way that returns control and profits to the hands of the independent producers and creatives.
Qravity sees itself as a decentralized content ecosystem that provides a secure and transparent way for content creators to interact with employers. Qravity isn’t just a jobs board, however: it’s also a complete content production platform where people can collaborate and organize workflows.
The ecosystem revolves around two tokens, including the QPT token that tracks project ownership and the QCO token used for monetary transactions.
Qravity only hosts “commercially viable content”, according to the official website. What does that mean? Well, Qravity will review project proposals carefully and then select those with high market potential to ensure profitability for all project stakeholders. Existing freelancer marketplaces don’t work this way.
Qravity also aims to be transparent. Qravity will introduce transparency to the collaboration and distribution processes, for example, along with transactions and profit sharing. Despite this added transparency, Qravity will remove middlemen and financial barriers.
Finally, Qravity will use immutable smart contracts to facilitate trust in a truly digitized work economy. The platform promises to protect copyrights and ensure fair compensation using smart contracts, providing better security for everyone involved with the Qravity ecosystem.
Ultimately, Qravity was founded with three main goals in mind:
Qravity smart contracts contain several components, including QCO, QPT, and account, project, and task data. In order to continually improve the platform through upgrades and feature additions, the smart contracts must be partially upgradable. To maintain the integrity of the token, the QCO token will not be upgradeable.
Qravity helps people with great ideas assemble, manage, and pay creative teams to produce original premium movies, video games, music, and more.
Minimize risk, maximize rewards
Creators get stakes in the projects they produce with Qravity, which only hosts and distributes monetizable content.
Earn royalties
Content creators receive stake-based royalties whenever their content is consumed. The more successful their creation, the greater their earnings.
Boost participant confidence
Qravity makes it easy for content creators to form successful working relationships and build a supportive, collaborative community.
Simplify project management
A full suite of professional project management tools keeps content development on course at every stage, from planning through production right up to distribution.
Optimize workflow and collaboration
Hands-on collaboration tools facilitate communication between distributed creative team members, and track each member’s contributions.
QCO tokens are ERC-827 tokens that serve as the transaction medium for all transactions on Qravity.
Qravity pays royalties in QCO every time a distributor licesnses content or a consumer buys or rents platform content. The model is similar to existing distribution and streaming models and uses QCO as its cryptocurrency. This makes project revenue transparent for all stakeholders.
There’s a total supply of 1 billion (1,000,000,000) QCO tokens. 50% of the total supply is going to the token sale, with remaining tokens going to team members and advisors (22%), a reserve fund (14%), a token stability fund (12%), and community rewards (2%).
Qravity has two tokens, including QCO and QPT tokens. QPT tokens are project-specific tokens that track project ownership. They represent shares in a project. They’re exclusively for internal use and cannot be purchase.
QPT tokens are given to content creators in exchange for work they complete for a project. A Content creator can complete tasks in exchange for QPT. Every time a consumer or distributor buys content on Qravity, creators receive a portion of the payment in QCO based on the amount of QPT they earned for their contribution to a particular project.
The more tasks you completed for a specific project, the more QPT you’ll earn for your work on that project.
The Qravity ICO is scheduled to begin on July 2, 2018 with a pre-sale. There’s a 30% bonus on QCO tokens during the pre-sale.
The first round of the crowdsale is scheduled for July 17, 2018 (25% bonus), followed by round 2 on July 27 (20% bonus), round 3 on August 6 (15% bonus), round 4 on August 16 (10% bonus), and round 5 on August 26 (5% bonus).
Qravity is accepting ETH during the token sale. There’s a minimum contribution of 0.5 ETH and a maximum contribution of 30 ETH.
Tokens are set at an exchange rate of 1 ETH = 5,000 QCO.
Token name: Qravity
Token symbol: QCO
Price: 1 QCO = 0,0002 ETH
Bonus: Available
Reward: Available
Platform: Ethereum
Accepting: ETH
Minimum investment: 0.5 ETH
Country: Austria
Whitelist/KYC: None
Total supply: 1,000,000,000
Token decimal points: 18
Token sale address: TBD
Website: https://qravity.com/en/
WhitePaper: https://media.qravity.com/media/filer_public/72/d6/72d614e4-8e65-40e6-a27e-9aab39016f20/qravity_whitepaper_v1-0_public_en.pdf
Twitter: https://twitter.com/qravitycom
Facebook: https://www.facebook.com/QravityCom/
Medium: https://medium.com/qravity
Telegram: https://t.me/QravityCom
Telegram: https://t.me/qravityqa
Linkedin: https://www.linkedin.com/company/qravity/
Reddit: https://www.reddit.com/r/Qravity/
Author : Laylava.sted
My Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1284503
My ETH Address : 0x60D1AD3dA0bfd9360c077ac0aCeA7A492F93eCCc
