QRAVITY : Decentralized Digital Content Production & Distribution Based on Blockchain Technology

yvainewars (7)in #art • 6 years ago

The business imperative in financial services for blockchain is powerful. Imagine blockchains of that magnitude. Huge data lakes of blocks that contain the full history of every financial transaction, all available for analysis. Blockchain provides for the integrity of the ledger, but not for the analysis. That’s where Big Data and accompanying analysis tools will come into play. Data intelligence services are emerging to help financial institutions, governments, and all kinds of organizations delve into who they might be interacting with on the blockchain and uncover “hidden” patterns. While traditionally we have needed these central authorities to trust one another, and fulfil the needs of contracts, the blockchain makes it possible to have our peers guarantee that for us in an automated, secure fashion. That’s the innovation of blockchain, and it’s why you may hear it used to reference things other than Bitcoin and other cryptocurrency. Though generally not used for it yet, blockchain could be used to maintain a variety of information. An organization called Follow My Vote is attempting to use it for an electronic voting system that’s more secure than modern versions, and healthcare providers might one day use it to handle patient records.

Blockchain technology has a lot of exciting potential, but there are some serious considerations that need to be addressed before we can say it’s the technology of the future. Blockchain functionality of smart contracts to give tech-focused readers insight into how Qravity plans to use them in greater detail. We are aware of some of the challenges that blockchain presents, so we’re analyzing off-chain and Ethereum-developed scaling solutions. As blockchain usage grows, we will need to ensure that Qravity can overcome blockchain’s scaling issues. We are under the impression that the Ethereum Foundation is working on solutions to the challenges of scaling and mining efficiency. We will not be dependent on Ethereum’s founders for these solutions, and will look for potential alternatives as we build the platform. Qravity Ecosystem present opportunity and avenues for media creative visionaries to collectively develop original magnetisable digital content, including movies, music, games, e-books, and applications.

What Is Qravity?

Qravity is a decentralized content production and distribution platform where creators own and profit from their work.

Qravity is a space where content producers and creators can collectively develop original monetizable digital content, including movies, music, games, e-books, and applications. Project founders split their projects into tasks, then, using smart contracts on the Ethereum blockchain, the platform automatically tracks progress, distributes stakes among participants, and makes content directly available to distributors and consumers. Blockchain technology keeps all transactions on the platform transparent in terms of revenue, product distribution, and profit sharing; it also prevents copyright and intellectual property infringement.

Our goal is to improve collaboration and help project founders and creative professionals overcome the challenges that hinder digital content projects. To achieve this goal, the Qravity platform is simplifying the development and distribution of unique content and making it fairer, and more rewarding, for those who create it.

The main advantages of Qravity platform are the following:

Convenient decentralized exchange based on blockchain technologies with a guaranteed copy of the data for each user
Functional, maximally simple and profitable transactions
Minimum costs in comparison with other methods of payment for services - minimal or no commission at all within the system
Remittances regulated by smart contracts
Reliable, integrated personal wallet for each user, where the funds are stored and from which payment is made. The peer-to-peer system does not require any document or account for cash transactions.

Cryptocurrency is one of the simplest and most convenient ways to make payments at the moment, as well as a profitable way of investing. Together with the blockchain technology, it has huge capabilities, which Qravity system demonstrates - instant, safe transactions at any time and in any place. An employer is able to quickly find a freelancer within the system, get a high-quality service and pay it with Qravity tokens.

How does QRAVITY work?

Maintain business by assigning them to tasks and issuing for each task the number of Qravity token projects (QPT). This token is part of the project and only in the country. Immediately after creating the task content, you fill in the QPT required to ship to the manufacturer.

At the end of the project, each time a distributor or consumer buys or uses relevant content, gets the job and receives content freely from within Qravity, QCO crypto currency. The amount of QCO received by each member, ie the amount of QPT they earn for their work. QCO owners can use their tokens to purchase content via Qravity; they can also redeem their QCO into the stock market.

Qravity QCO Token ICO Details

The Qravity ICO is scheduled to begin on July 2, 2018 with a pre-sale. There’s a 30% bonus on QCO tokens during the pre-sale.

The first round of the crowdsale is scheduled for July 17, 2018 (25% bonus), followed by round 2 on July 27 (20% bonus), round 3 on August 6 (15% bonus), round 4 on August 16 (10% bonus), and round 5 on August 26 (5% bonus).

Qravity is accepting ETH during the token sale. There’s a minimum contribution of 0.5 ETH and a maximum contribution of 30 ETH.

Tokens are set at an exchange rate of 1 ETH = 5,000 QCO.

Token : QCO
PreICO Price 1 QCO = 0.0002 ETH
Price 1 QCO = 0.0002 ETH
Bonus : Available
Platform : Ethereum
Accepting ETH
Minimum investment : 0.1 ETH
Hard cap : 35,000 ETH

How Do QCO Tokens Work?

QCO tokens are ERC-827 tokens that serve as the transaction medium for all transactions on Qravity.

Qravity pays royalties in QCO every time a distributor licesnses content or a consumer buys or rents platform content. The model is similar to existing distribution and streaming models and uses QCO as its cryptocurrency. This makes project revenue transparent for all stakeholders.

There’s a total supply of 1 billion (1,000,000,000) QCO tokens. 50% of the total supply is going to the token sale, with remaining tokens going to team members and advisors (22%), a reserve fund (14%), a token stability fund (12%), and community rewards (2%).

Why You Should Join The Token Sale

The Qravity platform delivers the founders of the project in an efficient way to manage distributed teams, simplify collaboration and provide sustainable revenue streams from every project that helps them get it done. Similar tools are limited and inefficient.

We hope that the QCO files will be strengthened as the platform becomes fully operational and more creators and project founders join. As cryptocoin of the Qravity ecosystem, QCO holders can use their tokens to purchase content on the platform or license the content they want to distribute