MovieBloc (MBL) is Ontology’s blockchain-based decentralized movie and content distribution platform. The project aims to create a transparent revenue sharing, audience data and equal screening opportunities for content creators; viewers will have access to a variety of content, be rewarded for providing marketing materials and curated for the ecosystem.
The MovieBloc ecosystem consists of three layers: .Bloc, Marketplace and Fundraising. .Bloc is a decentralized community layer connecting all participants; The market is a content and talent trading class; while the fundraising class supports and encourages content creators.
What is MBL?
MBL is a token built on Ethereum’s ERC-20 standard. MBL acts as a utility token within the MovieBloc platform and provides the impetus for this ecosystem.
MBL tokens are used for all payment related services, such as premium content, translation, design, etc., in the MovieBloc ecosystem. In addition to paying for services, MBL tokens are also used to reward users for reporting illegal content and rating movies.
Features of MovieBloc
Decentralization of the film industry
MovieBloc will decentralize the film industry to create an ecosystem with transparent rewards for participants’ roles and contributions. Participants will experience a new ecosystem by taking on the roles of creator, manager, translator, reviewer, viewer, etc. Other blockchain-based movie projects are mainly focused on profit maximization of CP (content provider) and audience reward. MovieBloc is different from other projects because it includes production, marketing and translation activities, all of which are carried out by MovieBloc participants.
MovieBloc will host blockchain-based online events to discover quality movies and talented new creators. The event will be held quarterly and award $10,000 worth of prizes to the contest winners. Producers can win recognition and monetary rewards from the event, which will motivate them to continuously upload high-quality movies on MovieBloc. In addition, creators can contribute money to the production of movies from viewer contributions. In return, creators can offer special content, such as unreleased directors, or pre-release movies to sponsors.
Creators are guaranteed profits
Creators are guaranteed up to 90% of revenue at MovieBloc. Creators can set price, show area and time, conditions will apply without any review process. Manager’s brochures, foreign subtitles translation, and designer’s marketing materials will allow the film to be distributed to different countries and increase creators’ revenue.
Rewards and transparent data
MovieBloc transparently rewards creators on blockchain-based smart contracts after creators upload and users purchase content. Creators are provided with insights from their followers and viewer data, such as gender, age, and traffic sources. Insights helps creators develop and deliver content that delights their audiences.
Global Screen, MovieBloc
MovieBloc will partner with KMPlayer to distribute movies to audiences around the world. KMPlayer is the oldest video playback software in the world and has millions of active users. According to US Softonic.com, KMPlayer is used in more than 150 countries and over 800 million downloads, since its initial launch in 2006. The partnership between KMPlayer and MovieBloc will significantly reduce marketing costs when available. gain new users by recommending this service to KMPlayer users. MovieBloc is a worldwide service; Its simple structure will allow creators to distribute its content directly to consumers around the world with just one upload.
MovieBloc is different from previous movie-related ICO projects. These projects have focused on eliminating middleman and providing a direct distribution channel between creators and audience. However, this model has given creators more roles and responsibilities than promoting and making their work available to audiences. MovieBloc seeks to create an ecosystem for all participants in movie distribution (translators, designers, curators, reviewers, etc.), rather than becoming a mere content platform with content providers and consumers.
You can see MBL prices here.
According to AZCoin News
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