Home Ico Review Filmgrid ICO Review :Filmgrid is an ideological project, seeking to create a...

Filmgrid ICO Review :Filmgrid is an ideological project, seeking to create a redundant platform

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About Filmgrid 

Filmgrid is an ideological project, seeking to create a redundant platform that provides a fair innovative alternative to movie business; removing intermediaries from the creative and producing processes. A place where independent filmmakers and viewers can interact in order to create better movies with richer content and true artistic freedom. The  application will offer the services needed for this to be possible.

Basic Information

Token Name Filmgrid
Token Symbol Filmgrid
Social Media Filmgrid ICO Review :Filmgrid is an ideological project, seeking to create a redundant platformFilmgrid ICO Review :Filmgrid is an ideological project, seeking to create a redundant platformFilmgrid ICO Review :Filmgrid is an ideological project, seeking to create a redundant platform
Token FILM
Token Price 0.000333 ETH (0.0452214 USD)
Hard Cap 21,000,000 USD
Soft Cap 1,300,000 USD
Country Mexico
Whitepaper Click Here For View Whitepaper
Website Click Here For View website

Technology

Developing the project Filmgrid using blockchain technology is the logical move to make, the decentralized nature of this new technology 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.Perhaps its greatest attribute is the level of trust that it allows to generate between users. This trust is the base for the proposed business model.

Blockchain

  • User Identity. For users to manage the information they are willing to share, and so the platform may identify the level of participation according to KYC rules.
  • Movie File Storage. To provide integrity verification for movie 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.

Features

content

As well as all content within it, is intended for the sole purpose of relaying this information to the reader and does not, or ever will, constitute an offer to participate in equity or shares in any company or companies, present or future, connected with Filmgrid. Please read the following disclaimer carefully before reading this white paper, by further reading of this will be you agree to be bound by the following terms and conditions, including any updates or amendments made to them. Filmgrid will make a reasonable effort to inform its users of any such changes upon access to the platform This whitepaper supersedes in its entirety, any and all, previous drafts, marketing memoranda, digital publications, literature or any other information pertaining to the proposed offering described herein Reader bears all responsibility to a) make sure that this whitepaper may be lawfully obtained in accordance with the laws of the jurisdiction in which they are located, and b) understand that the reader is not authorized to share any information contained herein with any other person(s).

Project

Filmgrid is a peer-to-peer platform for commerce, streaming and financing of independent films and series over the Internet. Of decentralized nature, removes all movie theaters and film distribution companies as intermediaries, allowing a fair distribution of profits among the film’s creators, which at the same time allows for a reduction to the cost of the offer to the public. Each film or film project registered will have its individual page where all the relevant information can be found; this space can be used by the Creative Team to convince and sell their product to Users.

Production Fund

Filmgrid will maintain an exclusive fund for financing film projects; the fund will be kept in Ethers (ETH) in a wallet managed by a smart contract, which will protect the funds from being transferred unless the contract criteria is met. The amount will be displayed in equivalent participating cryptocurrencies and fiat (depending on the country of access). Independent filmmakers will become eligible for funding by registering their project at the “Pitchboard”; the winning projects will be chosen by Filmgrid users, who after evaluating the projects and their participants, may cast their vote.

Fair Trade

The main objective of Filmgrid is to achieve a fair trade platform, where independent filmmakers are adequately rewarded with a high percentage on the profits of the sale of their films, as well as offering low prices for the Viewers. Above all, that artists are free to perform their art without the intervention of businessmen or businesswomen. Filmgrid  goal is to disrupt the film industry by making their current business model obsolete; an archaic model that has not been modified in decades, where a complex bookkeeping is used to retain a favorable “status quo” for distributors, leaving the actual filmmakers with a very small piece of the pie. There is no specific formula for film distribution, although certain parameters are respected, the percentages fluctuate depending on variables such as the trajectory of the production team, genre, country of origin, release date, among others. Negotiations are rude and authoritarian, a well-documented issue of industry.

Income Distribution

To exemplify the income distribution of a film Filmgrid  will use a distribution percentage median, as well as averages obtained from a sample of 463 films to determine the parametric quantities to perform an exercise. The proceeds of the different types of distribution are used as income: Movie Box Office. Paid by theaters, between 40% and 50% of the box office.“Home Video”. Paid by retailers, between 40% and 60% of the sale of physical copies (Blu-ray, DVD) and electronic copies (iTunes, Google Play).“Pay Per-View” . Traditional electronic rental income in pay television systems, between 40% and 50% of the rental fee is paid.

Team

Member
Andrés Ávila Torres FOUNDER
Osvaldo Alfonso Núñez Melgoza OPERATIONS
Stefanie Zöhrer CREATIVE / ILLUSTRATOR

Also Read – Click Here for Read All ICO Review

Quote This article is writing on 26 march 2019 based on information available online & news portal. If you feel it’s outdated or incorrect, please write here to update it. Mail us: [email protected] Or Whatsapp Us- +13098896258

Disclaimer:

Not all the websites Whi listed in Top List are 100% safe to use or investment. We do not promote any of those. Due diligence is your own responsibility. You should never make an investment in an online program with money you aren’t prepared to lose. Make sure to research the website. So Please take care of your investments. and be on the safe site and avoid much losing online.

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