SMARTCHAINMEDIA: The Mix of Netflix and Kickstarter is here, Invest in the content you like and watch your favorite series
Introduction
The world of entertainment has changed since the advent of the internet. The Netflix and chill have become our favorite mantra for entertainment. Fast internet and the cheap smartphone have revolutionized the entertainment industry like no other tool in the history of entertainment. While there are a number of online streaming applications in the market, the competition is getting bigger and bigger. Binge Watching our favorite series is our favorite pastime. The idea of entertainment is being redefined by these online streaming applications.
They are becoming the leader in all the segments; Movies, tv series and documentaries and many other formats. The rise to the top has been phenomenal, but there are still many challenges that need to be addressed in the entertainment market. A few of the challenges are related to the emergence of single players which threaten the diversity of the market. The monopoly of a few players in the market is a cause of concern for the growth of the market. This may also have a bad effect on the quality and content in the market. Do you think we can bring new solutions to improve the situation in the entertainment market?
Solution offered
SMARTCHAINMEDIA is the new platform in the entertainment sector based on blockchain technology. It is a crowdfunding platform for the tv shows, documentaries, and movies. Bringing decentralization and transparency as the key metric for the growth of the platform, they have enabled a new mode of financing for entertainment projects. iProdoos is the name of the platform. Which allows anyone to register their project for financing. Investors can analyze the project and the people behind the project before making the investment. Content creators and content producers can interact directly on the platform. It is also one of the first platforms to offer a revenue generation model to the investors in the project they invest.
Consumers will have multiple options on the platform to watch the content as well as support the content they like and be part of the process.
The two entities on the platform; content creators and content consumers have many advantages on the platform. Some of the advantages of the content creators are great production value, independence from studio pressure and full creative control. Some of the advantages of the consumers are diverse content, no ads, freedom to choose the content and cryptocurrency payment. Overall, it is a platform designed for new age entertainment which encompasses tv shows, films, and documentaries. They are planning to expand the platform into other sectors too, such as sports and education.
ICO INFORMATION AND TEAM
MEDIA Tokens are the tools for the payment on the platform. The fund is utilized for the development and marketing of the platform. The team working on the platform is experienced in the field of entertainment and blockchain technology.
Conclusion
The global digital market is more than a trillion dollar, and with the population on the internet increasing like a wildfire, we will see many more consumers on these new platforms. The old model of entertainment is fading away as is also evident from the rise in the digital advertising budget of different companies. The important thing is the choice which is being offered on the platform to decide the kind of projects you would like to see and fund them directly. They are calling their platform the mix of Netflix and Kickstarter, which is the best content with the option of crowdfunding the best projects.
With the viewing time increasing each year on the online video platforms, research forecast that users are more drawn towards the streaming services. But, we will see a fierce battle in the market as many players are on the market. The platform with premium content and excellent user experience will win the battle. So, what do you think about the new platform and its features? Will they be able to give a tough fight to the existing streaming platforms?
Website- https://smartchainmedia.com/
Whitepaper- https://smartchainmedia.com/wp-content/uploads/2018/06/SmartChain-Media-White-Paper-2018.pdf
Published By- Kishan748
Btalk Profile- https://bitcointalk.org/index.php?action=profile;u=1027561