FILMGRID - DECENTRALIZING THE MOVIE INDUSTRY

We will provide Article to present the “ FILMGRID” project to potential platform participants and those who are interested in contributing to its development. The information listed below may not be complete and does not imply any contractual relationship. The main purpose is to provide information to everyone, so that they can determine whether they are willing to analyze the company with the intention of obtaining token or invest.

The hope of joining the This project is very big for us, before you join it will be better if you understand the project besides it will add to your insight and improve information for you especially understanding the project’s vision and mission so that it adds to your trust in.

ILMGRID IS A PEER-TO-PEER SOLUTION FOR COMMERCE, STREAMING AND FINANCING OF INDEPENDENT FILMS AND SERIES OVER THE INTERNET.

Filmgrid’s core ideal is to disrupt the movie industry in favor of the moviemaker, not the suit. Of rebel heart, its principles are the base for its business model design, decentralizing as many aspects of the movie industry as possible. The adoption of Blockchain technology will allow us to build an unstoppable application, that shares Filmgrid beliefs.

The Billboard. A movie marketplace where creative users may offer their movies, and viewer users can buy them and stream them.

The Pitchboard. A podium where film projects can seek funding either by obtaining it from the Filmgrid’s production fund, pre-sales or collective production.

The Critique Bay. A social network environment that promotes the connectivity between all the users and the spread of ideas.

Filmgrid will use the power of blockchain technology to manage transactions and hosting the smart contracts that will secure funds, voting, and other important aspects that make Filmgrid unique.

Ceck This Video :

It all starts with the users, there are several types:

• Creative User. Filmmakers looking to sell an existing movie, or who also seek to finance their idea.
• Viewer User. Anyone looking to buy or rent movies and / or series for entertainment.
• Investor User. User who is interested in being part of the financing of an independent movie project.
• Patron User. Spectators Users who decide to buy a film in presale, as part of support for the development of said project.

A CINEMA SOCIAL NETWORK… ish — {CRITIQUE BAY}

A Social Reputation System will provide the best quality control, delivered by the users themselves; rating Movies and Creative Users, bad quality or poor Movies won’t make to the top, with the possibility of getting permanently banned.

Users can use reactions to interact with each other in the platform.

Since is a network, a connection channel gets open, where Creative Users can find key members for their crews, or find a crew where to contribute, and most important, learn from the Viewers feedbacks.

(Don’t worry, in purpose long boring movies won’t pass the Social Reputation System)

UTILITY TOKEN

To add value to the Filmgrid experience, the user is offered to buy the scoop of the film during the premiere sale, including the additional exclusive material; then we tranfer this value to the utility token Filmpass (FILM), since premiere film can only be bought with it.

The price for a movie during the Premiere Sale will be derminated by the Creative Team, since the value of the token may fluctuate and the length of the movie will variate, an honest assesment should be performed before pricing the movie.

Addressed Issue

In a traditional Hollywood-like business model, income is produced with the sale of theater tickets, digital and physical video copies, licensing to SVOD services and others. The typical scenario for profit distribution will include a Recoupment Waterfall, an accounting technique designed to provide control to the middlemen, hence the manipulation of profit.

We come up with an innovative business model, cutting out intermediaries, aiming for the moviemaker to be the one who make the most profit, receiving income from the first sale. This brings the opportunity to dramatically lower down the cost for the viewer.

Filmpass Token

Filmgrid’s utility token, Filmpass (FILM), is designed to be the means of payment for buying and renting movies and series episodes within the platform.

Token specifications:

Standard: ERC20

Name: Filmpass

Ticker: FILM

Decimals: 18

Max. Cap: 1,000,000,000 Tokens

Contract: 0xdadfd3814684a3a08a001500a98eef74f4ac1712

Token Distribution

The FILM token distribution consists of four sales, each one unique and oriented for different markets. Out of the 1 billion FILM tokens, 800 million will be distributed in total; 200 million will be kept to be distributed among Filmgrid and the founding team.

PRIVATE SALE

Date: May 1st 2019 — June 30th 2019

Price: 1 ETH = 11,000 FILM

Tokens for Sale: 20,000,000 FILM

PRESALE

Date: July 1st 2019 — July 31st 2019

Price: 1 ETH = 7,000 FILM

Tokens for Sale: 60,000,000 FILM

SALE ROUND 1

Date: August 1st 2019 — August 31st 2019

Price: 1 ETH = 3,000 FILM

Tokens for Sale: 320,000,000 FILM

SALE ROUND 2

Date: Sept. 1st 2019 — August 31st 2020

Price: Dynamic

Tokens for Sale: 400,000,000 FILM

The tokens will be minted according to the dates and amounts of the distribution sales.

CROWDSALE

Why Blockchain?

Because its decentralized nature is a perfect fit for the principles/tenets behind Filmgrid. Furthermore, it can solve problems that traditional centralized technology cannot, particularly issues of censorship, intermediaries interference or trade transparency for example.

To provide integrity verification for video files, we will store the data off-chain and store a hash of the data on-chain. This guarantees that the data is not being modified while protecting the blockchain from becoming bloated. We are exploring the benefits of IPFS, to implement in the near future.

With the intention of being productive as soon as possible, the first two years, business will take place on the Ethereum network, the DApp and the Smart Contracts will run on top of the blockchain. Gas costs will be cover by the platform, not the users.

ROAD MAP

2016

June

CONCEPT

Applying our beliefs about movie industry in a fair business model.

2017

March

BLOCKCHAIN TECHNOLOGY

Adapting and enhancing Filmgrid to Blockchain Technology.

Blockchain Technology

September

BUILDING THE PROJECT

This .space web site has been created to record and inform the project.

2018

April

WHITE PAPER

Structure and developing of our White Paper version 1.0.

August

ICO LISTINGS

Project registration on ICO listing specialized websites.

December

PLANNING RESTRUCTURING

Improvise. Adapt. Overcome. Rethinking the plan of action.

2019

February

DIGITAL MARKETING

Public Relations, SEO, Social Networks and online publicity.

March-May

PRIVATE SALE & PRE ICO

Filmpass Token Distribution in an Pre Coin Offering (ICO).

May

DAPP AND SMART CONTRACTS

Developing the DApp and Smart Contracts and public release of the code.

June

INITIAL COIN OFFER

Filmpass Token Distribution final and long round begins.

November

FILMGRID ETHEREUM RELEASE

Minimum Viable Product with the Billboard and early Pitchboard.

December

FILMGRID PLATFORM

Start the development of the Filmgrid Blockchain and configuration.

2020

January

DAPP MARKETING

Worldwide promotion of Filmgrid Decentralized Aplication.

May

QA AND MORE CODING

Well, all the work that has to be made to realease a top quality product.

August

FILMGRID PRIMITIVA RELEASE

Filmgrid Blockchain Platform Version 1.0 Release.

For More Information You Can Visit Link Below :

WEBSITE: https://filmgrid.space/
WHITEPAPER: https://docs.google.com/document/d/1DqPk4pv-qu0sk7YGejxNmecBw7jj9IiipkKFeOVY0bU/edit?usp=sharing
FACEBOOK: https://www.facebook.com/filmgrid/
TWITTER: https://twitter.com/FilmgridSpace
TELEGRAM: https://t.me/filmgrid

Author : Letty sits
Profile Link : https://bitcointalk.org/index.php?action=profile;u=1856247