he MILC token (MIcro Licensing Coin) is an utility token and the installment medium inside the stage.The time is here,the blockchain is moving viral and Welt der Wunder TV is also arranging an ICO to build a totally new blockchain-oversaw permit, exchanging what's more, deals stage for great video content, for the universal telecom, VOD and online video distributing segments.
This stage is one of a kind and can possibly advance into a standard in the universal permit exchanging segment. Later on, it will offer every single substance proprietor the opportunity to give their substance to a worldwide market and to encourage access to buyers, sponsors and clients.
Clients will have the capacity to work together specifically with the proprietor or the maker of the media content with mechanized, trust free security of blockchain managed shrewd contracts. This disposes of a large group of mediators and altogether decreases the cost. Makers, proprietors, and additionally different stages that require content partake in this model similarly
Smart contracts consolidate every single applicable deal factors for sellers and buyers bringing about legitimately compliant, automated execution.
Thirdly the MILC blockchain gives straightforwardness of use writes sold those still available. This spares time for buyers while deciding the estimation of a license.
Fourthly the MILC blockchain gives straightforwardness of existing deals taking into account second or third assessment cycle buys only. The MILC blockchain and the Welt der Wunder originators have the notoriety and industry experience to limit dangers for buyers and vendors.
As for the advantage of the MILC blockchain for content suppliers the substance gets a review of the whole market of potential clients, all inclusive. This wipes out a business commission of 30% to 50%.For substance purchasers, It is at present unrealistic for proficient media stages (TV, VOD online distributers) to pick up an outline of the video media content market.
They depend on deals go-betweens which restrict the offering and altogether build the cost. They would like to work specifically with the suppliers to examine content variations or express wants for future creations. Middle people and inadequate time makes it hard to meet the numerous suppliers personally.
The virtual commercial center makes content visible. Combination with blockchain technology, this knowhow and network can generate a content trading platform that will become a central interface in the global media and entertainment industry. It is our deep experience in international content licencing and a strong understanding of the requirements of content producers and consumers that form the basis of the MILC project.
The market potential behind is enormous. The estimated turnover of the global TV industry alone in 2018 will be almost 500 billion Euros. The most important commodity traded is, and will always be, content! The project will significantly increase the owners and producers of media content to trade without intermediaries and with simpler, automated blockchain-optimised processes.
Welt der Wunder TV is planning an ICO to construct a completely new blockchain-managed licence, trading and sales platform for high-quality video content, for the international broadcasting, VOD and online video publishing sectors.
This platform is unique and has the potential to evolve into a standard in the international licence trading sector. In the future, it will offer all content owners the opportunity to provide their content to a global market and to facilitate access to purchasers, advertisers and users.
Customers will be able to do business directly with the owner or the producer of the media content with automated, trust free security of blockchain regulated smart contracts. This eliminates a host of intermediaries and significantly reduces the price. Producers, owners, as well as other platforms that require content participate in this model equally.
The name of the token is: MILC = MIcro Licensing Coin
The token name embodies the platform’s core business model and indicates the high compatibility of the approach to other market segments dependent on license trading. Welt der Wunder TV has been established brand in high quality content and broadcasting sector for decades. It operates in Germany (and other countries), the second largest TV market in the world, behind the USA.
Welt der Wunder TV broadcasts, produces and markets high-quality content. Welt der Wunder also purchases media content for its own TV stations in Germany Germany, Switzerland, and other countries.
Welt der Wunder has a deep network with all global leading content providers, TV stations and other media platforms and has positioned itself at the centre of the professional media industry. In combination with blockchain technology, this knowhow and network can generate a content trading platform that will become a central interface in the global media and entertainment industry.
The two fundamental parts in the distribution is the Video stockpiling, as a cloud-based video database,and Licensing and invoicing as a shrewd contract blockchain. Video stockpiling and appropriation offices (existing).For video stockpiling and media resource administration, Weltder Wunder works together with the main Swiss supplier SWISS TXT, and in addition in-house ability as it is said above.
Welt der Wunder gives its library comprising of numerous a huge number of brilliant TV program hours and a few countless clasps for proficient online distributers. The business stage created in conjunction with Swiss TXT guarantees the appropriation of substance to proficient clients. The interface is simple and easy to use. The stage is available to all proficient substance suppliers (e.g. worldwide makers and libraries). This commercial center is accessible for clients to pick up an outline of the worldwide offer
In order to secure the highest degree of operational safety and the greatest chances for a successful launch, Welt der Wunder has created a consortium of top quality partners supporting the MILC blockchain sales platform.
SwissTXT is the partner for the finalization of construction and operational execution of the video platform working in collaboration with Welt der Wunder in-house developers.
SwissTXT is the technical subsidiary of the Swiss television company SRG and a highly specialised provider in the broadcast – technology and video asset management sector. Significant components of the development have been concluded through the launch of Welt der Wunder TV. Swisscom Blockchain AG is a global player in the blockchain technology. The MILC blockchain application is implemented and operated through services provided by Swisscom Blockchain AG."
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