Hello friends, I’m here again with yet a novel and genius innovation put together by the SPOKKZ team, a solid and innovative project that is in its presale stage. They wowed me with their simple yet innovative initiative, hence my decision to review the project for my teaming audience to make investments decisions.
The SPOKKZ project is a financing platform can be utilized to partially or fully fund movies, TV shows and other projects that launch on the project platform. It is an offshoot of SPUUL, a leading company formed in 2012 in Singapore with offices in four major cities of the world and finances contents and then "sells" subscriptions to its users for viewing and brings entertainment for everyone’s consumption.
It is important to note that the movie industry is a highly centralized one, replete with popular and large studios with selfish and self-centered programs and their middlemen having to decide which contents to present to the viewers and still having to charge them expensive amounts to view these contents. This is largely made possible because these platforms are mostly user-pays-views. As a core of its function, SPOKKZ aims to ensure that everyone in the ecosystem is an equal stakeholder, since they will be crowdfunding and helping promote movies & TV shows. In the end, everyone has an equal stake, from the producers, to the content creators, to the distributors, to the stars and advertisers, all in the ecosystem and value chain are equal.
SPOKKZ therefore aims to disrupt the system, take the sole control of the system away from these big guys by letting the viewers decide what contents they want access to and what price is convenient for them, by giving access to a decentralized marketplace devoid of any monopolistic controls. At the core of its function, SPOKKZ aims to ensure that everyone in the ecosystem is an equal stakeholder, since they will be crowdfunding and helping promote movies & TV shows. In the end, everyone has an equal stake, from the producers, to the content creators, to the distributors, to the stars and advertisers, all in the ecosystem and value chain are equal.
At the center of this all is the SPOKKZ Token which will power the ecosystem and plays the essential role of removing the disharmony from contents creation, distribution, and monetization, thus enabling stakeholders in the value chain (fans and contents creators/providers) to become partners. On the other hand, Spuul also intends to use SPOKKZ tokens to encourage its community of users to contribute with reviews, comments, subtitles, etc., with the aim of creating a social platform for people interested in movies, fashion, songs, stars cinema...
The SPOKKZ WALLET
Formed in 2012 in Singapore, it is worthy of note that the Spuul ecosystem today as it stands already has a secure wallet for most fiat currencies. Their customers use this wallet to make over 1.8 million transactions monthly in FIFTEEN major currencies. To give more flesh to it, Spokkz plans to add blockchain support so that the wallets will accept ERC20-based tokens like SPOKKZ. The wallet will also be available for peer-to-peer use especially by non-subscribers.
As contained in their whitepaper, SPOKKZ have a strategic collaboration with Ontology, a solid project by all standards and they both form an alliance where SPOKKZ will integrate on the Ontology ecosystem. This aims most importantly to identify key media assets that can be brought on to the Ontology platform and integrated on to the SPOKKZ ecosystem. As we all know, Ontology prides itself with a high-performance blockchain, this will therefore help in instilling mutual trust between stakeholders in the ecosystem.
ICO & TOKEN MATRIX
The token matrix for SPOKKZ is depicted in the picture above with the running economy taking a whopping 43% of the tokens. This shows the premium the team place on the platform to make it work and stand the test of time.
- Full Supply: 1,000,000,000
- Token Price: $0.08
- Token Type: ERC-20
- Currency Accepted: ONT, BTC & ETH
The soft cap is pegged at US$5,000,000 while the hard cap is US$12,000,000. To ensure transparency and show this is a serious project, the SPOKKZ team will return the funds generated less 3% transaction costs should it fail to meet its minimum target of US$5million.
SPOKKZ is in its presale stages and it is important to invest now to take advantage of the presale bonuses which have no lock-in periods which of course private investors will be delighted in.
SPOKKZ ROADMAP
As depicted in their roadmap, it will be exciting to see the first batch of movies funded by the blockchain and the token wallets that will go live in the 4th quarter of 2018. This will create the needed buzz around the project.
SPOKKZ TEAM COMPOSITION
This is without any atom of doubt an ALL STAR team with strong capabilities of pulling this one off. This 11-man team is a mix of experts with strong ties across the Management, IT (blockchain), media, and business development subsectors.
ADVISORS
As we all know, a great team need the guidance and expertise of advisors on the project who are ready to bring their wealth of experience to the table. The SPOKKZ team are being advised by a very impressive 7-man board of advisors, who are very distinguished in their various areas of expertise.
SPOKKZ PARTNERS
Since a lot of the contents on the SPOKKZ platform will rely on internet connection, they have gone into strategic partnerships with several telecoms companies and service providers. This is super impressive and shows seriousness on the part of the team to deliver on the project.
RATINGS
USEFUL LINKS:
SPOKKZ Website: https://spokkz.com/
SPOKKZ Whitepaper: https://spokkz.com/static/documents/whitepaper.pdf
SPOKKZ Facebook: https://www.facebook.com/spuul/
SPOKKZ Twitter: https://twitter.com/SpokkzOfficial
SPOKKZ Telegram: https://t.me/SpokkzOfficial
SPOKKZ LinkedIn: https://www.linkedin.com/company/spuul/
SPOKKZ Youtube: https://www.youtube.com/channel/UCjXR-TfuFdQp7OoUZWXv7MQ
SPOKKZ Reddit: https://www.reddit.com/r/Spokkz/
SPOKKZ Medium: https://blog.spokkz.com/
SPOKKZ Github: https://github.com/Spuul/spokkz-ico-contracts
SPOOKZ Bitcointalk [ANN]: https://bitcointalk.org/index.php?topic=4480708.0/
SPOKKZ Bitcointalk [Bounty]: https://bitcointalk.org/index.php?topic=4758287/
CLOSING REMARKS
This is a very ambitious project and as an investor I look out for a project with high use case and good value proposition as it seeks to further empower the every stakeholder in the ecosystem and making everyone equal. Also, my mind was blown when I read the whitepaper and saw firsthand how ambitious and revolutionary this project would be. SPOKKS will be making some real changes to the movie industry landscape via the blockchain. This is what the blockchain revolution is all about. This review did not touch on the technical specifications and details of the project as I did not want to bore you with those. Should this be of interest to you, I encourage you to download the detailed whitepaper with the link provided.
Finally, should you have any questions that require clarification, kindly drop them on the ‘reply’ box and I’ll will be happy to answer you or possibly a feedback from the team within the shortest time possible. Thank you for your time.
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1439097/