Entertainment is one of the most important spheres of a person's daily life, which, along with education, can significantly influence the state of society. Of course, no one can do without leisure and recreation. People are ready to pay for entertainments, and therefore more and more businesspeople make investing in the sphere of entertainment.
It is likely that the entertainment industry has the most significant problems with intermediaries. Until recently, artists did not have the opportunity to create products without a recording contract and collaboration with labels that provide recording, distribution, and monetization of music. The same situation was with movies and television. No one could distribute films or TV shows without the participation of studios and production companies, and for the display of products had to seek the consent of the cinemas and cable channels.
Today the Internet democratized creation and distribution of entertaining content, and it isn't obligatory for authors to conclude the alliance with Interscope or Disney anymore, but there was a new generation of intermediaries - it is platforms of consumption of video. YouTube (1,5 billion users), Netflix (110 million) control user consumption around the world and act as new distributors collecting revenue from subscription and advertising and distributing them among creators.
This situation favorable only to the largest studios and platforms of stream reproduction of content has led to disputes around the size of payments to authors. As an example, it is possible to remember the conflict between Taylor Swift, AppleMusic, and Spotify. Being disappointed in large platforms performers look for new options. So today I want to tell you about the project SLATE.
SLATE is a specialized entertainment utility protocol that is based on blockchain technology and uses a cryptographically secure multi-layer network. Thus SLATE ensures the reliability of data storage and does not give the slightest possibility for intruders to get any data. The system of this company is decentralized, which allows all its users, for example, inexpensively to buy and at a staggering speed of playback to watch a video in excellent HD quality from virtually anywhere in the world. You can also purchase tickets for any concert or festival. Everything will be fast, and most importantly safe.
The developers of the system set themselves several critical tasks at once. So, buyers will get inexpensive access to high-quality video content and other entertainment products, and their creators (authors, producers, distributors) will be able to share profits with maximum honesty and transparency.
Slate Entertainment Group is the parent company of Binge Media Corporation and Slatix Solution. Each of the enterprises was created to solve specific tasks in the entertainment industry. Let's talk a little more about these companies.
SLATE (SLX) - cryptocurrency of the entertainment industry, is necessary for access to premium content. This currency is required to pay for subscriptions, transaction fees, ticket purchases and other entertainment offered in Slatix.
Binge - the first decentralized stream platform developed from technology with the use of Blockchain Video on Demand (BVOD). Binge's work will not only significantly increase the speed of stream transmission, but will also simplify the procedure for licensing video. Binge will become a transparent tool for companies to interact with customers, and behavioral analytics will help to understand the audience better. In addition to the interaction of creators and users, the data obtained with the help of blockchain will help create the best content. The revolutionary video application Binge is capable of raising to the next level the standard of streaming playback of video clips in high resolution.
SLATIX - a universal application which will allow you to find and buy tickets for the best events in the world. In operation of application will use transparent supervised user feedback and evaluation system that combines real public opinion with machine learning technologies. It particular multifunctional ticket sales module, within which there is a unique system of rewards, incentives and a vast selection of events. Among the advantages of the system can be allocated very low commissions, discounts, legal work and checking "counterfeit" tickets for uniqueness.
SLATIX excludes uncontrolled resale and a forgery of tickets. It allows organizers of events to create, operate and advance events and tickets, considerably cutting expenses and even allowing organizers to control the price for resale of tickets and to receive from it the commission.
Active users of SLATIX will be able to receive remuneration within the loyalty program, as well as excellent discounts for the most exciting concerts, shows, theater and film shows, sports events, visits to museums around the world.
Token info
Token- SLX
Platform - Slatechain
Type - ERC20
Min. Investment - 500 USD
Accepting - BTC, ETH, LTC
Distributed in ICO - 48%
Soft cap - 20,000,000 USD
Hard cap - 100,000,000 USD
SLX is the cryptocurrency utility protocol that drives the Slate Entertainment Ecosystem. The SLATE blockchain network is the public ledger for SLX and the engine of Slate Entertainment Services. The initial sale of SLX will capitalize the development of the SLATE Network and the Slate Entertainment Ecosystem. The initial sale also distributes SLX to participants in the SLATE Network as service providers, consumers, or both.
Learn more about SLATE:
Website - https://slate.io/
Whitepaper - https://slate.io/Slate_Whitepaper.pdf
BitcoinTalk - https://bitcointalk.org/index.php?topic=3457893
Twitter - https://twitter.com/slatecurrency
Facebook - https://www.facebook.com/slatecurrency
Telegram - https://t.me/Slate
Github - https://github.com/slatecurrency
My bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1286131
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