The home entertainment industry, has exploded, as the pandemic, forced people, to stay at home, and enjoy, movies, with their huge TV screens that, give a near theater experience. Moviebloc, wants to decentralize, movie and content distribution. This is an interesting project, that we should all know about.
Problems that need a solution
The overall market is growing, but the industry, is dominated by entities with a vertical integration among three phases: production, distribution and exhibition. This causes barriers, to filmmakers, that do not have wide audiences, because, the profits, will be small. The result of this, is that consumer's right, to have access, and enjoy various, free-choice of content, is lost. Moviebloc, wants to put this on the blockchain, so, the creators, can have transparent revenue share, and audience data. The viewers, can have access, to various films and content. This will result, in a big and participant centric system.
Many different roles of participants
With the use, of the blockchain, transparent rewards, can be given, according to the participant roles. The network can have, creators, curators, translators, reviewers, viewers, etc. For the creators, there will be blockchain based on-line festivals, to find quality creators and movies. The creators, will get 90% of the revenue. Also, because of the blockchain, a creator, can have accurate viewer data. KMPlayer, is a widely used, player, for on-line movie viewing, and Movieblock, will collaborate, to get access to KMPlayer's huge audience. The curators, will advertise, and curate, selected films. Translators, will help viewing films, in different languages. Finally reviewers, will give their opinions, and viewers, are the consumers of the content.
Economic activity
Any movie production, needs funds, and Moviebloc, can help in this sector too. Users, can donate, to motivate creators, to create content. Moviebloc festivals, will also, have prizes for the best content. The economic activity, is done, through, the MBL token. With this, creators, are paid, users, can watch premium content, creators, can pay translators, and designers, donations, to other role users, and user reward for reporting illegal content, film rating and film review.
If you want to get an opportunity, to be sponsored, participate, in this community: https://read.cash/c/get-sponsored-2a0b . Many thanks to @Ashma, because of her great job.
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