Good morning, my dear followers and welcome back to my blog! First, I want to ask you a question: How often do you use the content platforms? Or where do you watch movies/TV series? There are a lot of ways to watch new movies, and I’m sure you have heard about Spuul A content ecosystem with more than 60 million users. And today, as you might have guessed, we’re speaking about this platform and its new huge update!
About Spuul:
Spuul is the most advanced video on requirement platform, whose launch was in 2012. Like I said, Spuul has around 60m users and 4m paid subscribers from the recent data. From the beginning, Spuul has sought to deliver premium Indian content. And now, after its expansion, this project aims to deliver premium content to the Asian Community.
Why is an ICO needed?
Any platform is growing continuously, and Spuul platform is not an exception. The team aims to reach the goals of the platform’s growth and for this, certain funds are needed. This is why they have chosen to provide an ICO. During this time, for sold will be available Spokkz tokens
Spokkz aims to develop a crowd-funding ecosystem that will help Spuul to increase its users and fund new content project.
After the implementation of the blockchain, users will be able to select and fund a particular movie together with the ecosystem itself, which at its turn, will give tokens to the content creation person in order to receive some percentage in movies or TV shows. Also, the project will award its users with tokens for comments, shares, and likes because the main objective is to create a platform with people interested in cinema industry with an exclusive content. Users will be able to spend their tokens on different E-commerce platforms.
Benefits for holders:
After supporting Spuul on its crowdsale, investors or simple holders of tokens will be able to help in selecting to fund a movie. If the movie will be appreciated, the user will be awarded tokens. Also, any user will be able to watch a movie, for example, use their tokens for content subscription or simply exchange them into fiat on exchanges where this token will be traded.
Another advantage of Spuul is the big community that already exists. Other 60m users will profit from Spuul’s wallet which will make this project the biggest wallet ecosystem worldwide.
Status Quo:
Nowadays platforms for streaming content have a lot of defects. By using the blockchain technologies, Spuul aims to solve them. How is it possible? The answer is simple, through the several ways. First, content makers can get reviews for their work for the pre-fund support of their support. Users will profit too because they will assist in selecting the content and will receive for this tokens if the selected content does well on the platform.
Secondly, tokens will motivate users for better reviews and analyses. Each user will receive tokens through a reward system for their rating for a movie. For a higher reward, the ratings need to be constructive and at a high level.
The main mission is to create a platform with a big viewers base and the fuel for this will be the reward token system.
Conclusion:
After all, that was said above, I can say that such a solution will be attractive for content creators due to the opportunity of receiving reviews to their work before the official release. The users at their turn will profit from unique content on the platform, also motivated to comment, review and appreciate the new content, for which they will receive additional tokens.
I want to thank everyone for being here, reading my blog! For more information about the project, I’ll request each of you to go through the WhitePaper and Website, links to which you will find below.
I was glad to share this project with you, see you next time!
References:
Webiste: https://spokkz.com/
Whitepaper: https://spokkz.com/static/documents/whitepaper.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=4480708.0
Author: dn3
Account link: https://bitcointalk.org/index.php?action=profile;u=2237720