"Watch movies and get paid" - the blockchain project with this promising slogan appeared at the Cannes festival in May, with the aim of disrupting the film industry, cinema especially independent activities. The reward system for the public and the directors is a social network that even allows you to go out with a stranger and watch a movie with them, which gives you the possibility to create your own cinema online - CinemaWell.com features can breathe new life to the film industry that is now looking for new ways to make a profit.
One coin for each MOVIE
There are more than 100,000 talented film directors from all over the world, but only around 100 films have a real chance of getting distributed and being financially successful. This is the harsh reality of the film industry, but you can see some changes soon thanks to new technologies. CinemaWell.com 2.0, a decentralized social platform for online theaters, gives independent filmmakers the chance to enter the digital world.
The reward system, based on the currency of ApplauseCash CinemaWell.com (APLC), works both ways. Film directors can set their own ticket prices for each movie or get economic benefits by showing ads. Directors then not only receive tabs, but also useful information: detailed statistics on the watches that their films so they can effectively use the marketing directed by their future films. As for movie fans, every time they watch or review a movie, they will also win chips. In addition, observers of the film can open their own online cinema and establish premieres in their favorite genres.
DATE OF THE MOVIE ON LINE
The company was launched in 2013 as an Internet Video Co-Visualization (IVCV) platform. This idea is still part of the project, which allows an unlimited number of users to watch the same movie at the same time as a virtual theater. They can share their opinions in public or private chat rooms, and even make new friends; A dating service function even offers the opportunity to watch a movie with a stranger.
The project has already projected the premiere of the movie "El Dorado" with a $ 2 budget mln. "The film company succeeded in this experiment. They decided to show their film for the first time in their online cinema on the CinemaWell.com platform, and only then did this film have to be released for offline cinemas. So, there were several thousand people in this premiere, hundreds of which cinema entered rooms several hours before screening. They were waiting impatiently for the premiere, chatting with each other online, "says the company's spokesperson at Bitcointalk.
Future Solution
Now the CinemaWell.com team participates in several film festivals, the introduction of the project to the film industry. The starting point was the Cannes Festival in operation on May 7-16, where the first blockchain conference in the film industry took place. Experts say that the adolescent public is moving from traditional social media, so experimental projects have great chances of success. In addition, a project based on blockchain could put an end to the piracy that takes away $ 20 billion from the industry every year. Finally, decentralization can give independent filmmakers the same opportunity to compete with large studios with a single platform to distribute their content.
The project had its ICO during the past winter and reached its flexible top targeted in the first hour of the pre-sale. However, even though the sale is over, there is still a way to get chips: http://t.me/cinemawelcome_airdrop_bot. At this time the company is offering 10 ApplauseCash (~ $ 30 from) to all that starts after its telegram channel and other social networks and 2 ApplauseCash for each referral. It is possible to receive an additional 30 APLC (~ $ 90) in exchange for creating a personal theater.