Storichain is a DApp and storytellers settlement protocol that create stories, distribute and control story IPs. It is also a protocol that gives a contract for story advent contracts. Users can exchange their positions in the story chain ecosystem as writers, producers, and readers, and take part in story creation earlier than they are published as person media such as movies, dramas, cartoons, and games.
Also, if you can get a reward for the weekly contribution of the person earlier than the sale of the copyright, and if the story you participated in is bought for the 2d production, such as publishing, video, etc., DApp) and Etherium as the major network.
Industrial value and scope
Although ‘storytelling’ has a lengthy history with the improvement of mankind; it was once no longer long earlier than when have paid attention to its achievable monetary value. Even in industries such as publishing, movies, and broadcasting, which are actually primarily based on these stories, cultural values have been considered extra essential than the industrial aspects. When a ‘story’ with a well-structured narrative meets the Smart Contract technology of blockchain, it can be modified into ‘story asset’ which has the achievable for securitization .
Problem of allocating excess earnings
The testimonies are disbursed in the form of guide or videos in final stage. The challenge of distribution is normally the publisher for publications and movie (video) distributors for videos. The distributors invest in advertising and infrastructure to maximize the delivered price of the original material, which is the story. The problem is that whilst the invested value used with the aid of the distributors are easily measurable, it is difficult to measure the labor charges of creators and customers that was inputted during the system of producing delivered value.
Efforts to improve treatment of creators
As instances change, activity in improving the therapy of authentic story creators inside the story enterprise is on the rise. Over the past decade, there have been a range of tries such as coverage support, platform diversification, and software program experiments to make this possible. In Korea, there is a government platform known as the ‘Storium,’ and there is additionally the ‘Korean Film Scenario Market’ which is run by the Korean Film Council. However, due to the lack of technical aid for anti-plagiarism, many writers are no longer importing work.
Service structure
The business model of Storichain is to receive a certain fee from the story creators and the traders by providing them with a protocol for a contract through the Smart Contract. This kind of business model is referred to as the ‘Contract Protocol Business,’ and the name of the protocol is called ‘StoriEco.’ Prior to moving on into the protocol business model, Project will test-run a service model that implements some features of the app using a smart contract.
Solution Offered by Storichain For Story Assets
Every story asset has it’s unique value. To detect the quality and uniqueness of an asset, the blockchain is used to give an accurate value to media assets to avoid devaluation and misappropriation. Using the public blockchain, they will notarized and store the participants contracts related to story IP and other story based contents.
Among the many forms of intellectual property, transactional story scripts are the only form which the growth value for each stage of creation can be measured. When we introduce blockchain, a trust-based data distributed storage and computation technology, each story script becomes an IP.
Storichain names the story interaction posts that are posted within the platform as ‘Story’ or ‘Stori,’ and if it is converted into a form of ‘Publishing Rights,’ which is a right to produce derivative work using the original story, it is called as the ‘Story IP’ or ‘Stori IP.’
The Storichain project aims to explore and develop "stories" as a type of intellectual property. An industry of stories can be defined as an industry that includes the work of the creators of stories and actions that use created stories for different purposes. In 2014, Story Stories identified an industry that creates added value through products and enterprises based on research, discovery, planning, development, creation, dissemination, and transmission of stories that are viewed as a source of imagination and creativity.
Storichain does not store the original textual history data in the blockchain. This is due to the fact that Storichain takes into account the contribution made at the creation stage and the transaction, as well as the transfer of ownership of the history more than the text / graphic data of the story itself. In fact, no one can prevent a person from distributing text content, since all he needs to do is take a picture of his monitor and distribute it to any place he wants. So instead of just preventing such actions, Storichainconsiders it more important to prove the value of the author’s efforts, systematically measuring who contributed to history, when and how they contributed, how ownership was transferred, and how much each Creator contributed to history in the event of collaboration.
Token Allocation & Distribution
Storichain utility token is named as TORI. All on chain transactions/funding will be done using TORI. It is an Ethereum ERC-20 token. It has high utility and value within the ecosystem and can be used for various services and can allow owners to buy digital items and voting right within the network. This token can be bought from a listed exchange and can be utilized in the Storichain dApp.
Coin Statistics are as follow
Sale:
Information Storichain :
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