Slate – Decentralized Entertainment Utility Protocol Powered by Blo...

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Slate : Delivers High speed & HD Quality Video at Low-Price : -

Slate is a decentralized entertainment utility protocol powered by the blockchain technology which is set to deliver the high speed, high definition video quality at low price globally and enables the users for booking the tickets of live events. Slate entertainment group is a technical brilliance with the fusion of entertainment and business.

The main motive of the Slate platform is to agitate the entertainment industry by fusing the technology with honesty. By offering the rewards for both Content creators and the consumers Slate is creating a new revolution in the entertainment industry.

To fulfill these things SEG (Slate Entertainment Group) is planning to introduce BINGE which is blockchain video on demand, SLATIX which is electronic ticketing application and the last one is SLATE which is a virtual token and the combination of all these three wonderful tools makes the perfect Slate a multilayer ecosystem.

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BINGE Platform : -

BINGE will be the world’s first ever decentralized ecosystem powered by the blockchain technology. BINGE is designed in such a way that, by using their unique blockchain technology BINGE understands the likes and dislikes of the consumers and the reasons.

The main reason behind this technology is to guarantee the proportionate sharing among all the individuals connected to the platform irrespective of their designations and to satisfy the consumer by providing the best content through the content provider.

SLATIX Platform : -

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Slate entertainment group designed this unique and sophisticated electronic ticketing tool. SLATIX will be the first and most promising ticketing tool which is used globally for booking the tickets for movies, live concerts, events, games, sports etc but also offers guaranteed rewards and incentives with substantial discounts.

SLATE (SLX) : -

SLATE is nothing but the Slate entertainment group’s digital asset. SEG designed this digital asset to be the entertainment currency planet-wide. SLATE is called as SLX in short and it enables all the users of the SLATE platform for secure, reliable, transparent, pure payments with fascinating incentives. SLX tokens allow the users to subscribe BINGE, and to purchase the tickets offered by the SLATIX.

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Conclusion : -

The main objective of SEG group is to create an esteemed and ethical entertainment industry globally. The reason behind the introduction of SLX token is to provide an honest and stable currency for the entertainment economy. SEG group is retying to establish a boosting Peer-to-peer entertainment ecosystem that delivers premium content to the consumers.

SEG group is introducing SLX tokens to establish economically vibrant cryptocurrency and to make the perfect portal for the consumers to pay and access the exceptional quality content.

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SLX Token Sale : -

Slate Platform’s digital asset is called as SLX tokens. These SLX coins facilitate the users to all the services provided by the Slate ecosystem. The total supply of SLX coins will be 950,000,000 SLX, out of 950,000,000 SLX coins 48% will be distributed through the token sale and rest of the SLX tokens will be distributed further.

->Out of 950,000,000 SLX tokens, 48% SLX tokens will be available for the Token sale.

->Out of 950,000,000 SLX tokens, 21% SLX tokens will be utilized for content.

->Out of 950,000,000 SLX tokens, 18% SLX tokens will be for Slate group.

->Out of 950,000,000 SLX tokens, 7% SLX tokens will be utilized for marketing the project.

->Out of 950,000,000 SLX tokens, 6% SLX tokens will be used for the development of the project.

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Utilization of the Funds : -

->51% of the total collected funds will be utilized on the content.

->19% of the total collected funds will be used for the development of the project.

->18% of the total collected funds will be utilized for the marketing the project.

->12% of the total collected funds will be allocated for the overhead.

SLX Pre-sale : -

->From the first day of pre-sale to the tenth day, the price for purchasing the SLX coin is $0.20 with 5% bonus.

->From 11th day to 20th day the price will be $0.20 with 4% bonus.

->From 21st day to 30th day the price will be $0.20 with 3% bonus.

SLX Token Sale Price Structure : -

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->From day 1 to 4th day of SLX token sale, the price for purchasing the SLX coin is $0.27.

->During the 5th day to 8th day of the SLX token sale, the price will be $0.29.

->From 9th day to 12th day the price will be $0.31.

->From 13th day to 16th day the price will be $0.33.

->From 17th day to 20th day the price will be $0.35.

Slate Road Map : -

Phase 1: During the first quarter of the year 2018 : -

->Slate ecosystem initial setup, testing the initial setup and R&D.
->Developing the cross-platform client-side full nodes.
->Releasing the specific documentation on the project’s digital asset.

Phase 2: During the second quarter of the year 2018 : -

->Launching the SLX token.
->Distribution of SLX tokens through the pre-sale and token sale.
->Launching the project’s basic master node.
->Sign genesis block.
->Test net deployment.