Ritestream Airdrop Review: Buy and Sell Film and TV NFTs.

About Ritestream Airdrop

Ritestream Airdrop has an existing network of streaming platforms that reach over a 100million viewers worldwide. NFT’s that are created on the Ritestream platform gain immediate access to this network of streaming platforms and can be readily monetized through this.

Ritestream During every technological revolution, the creator has faced a wide open future and the promise of creative freedom. From the printing press to early Television, and all the way through to streaming movies on a mobile app, it’s been the creators who embrace new technologies and grow a new market with their art.

The problem has been that eventually, each technology that advances creativity ends up being controlled by a consolidated set of non-creative players. Whether it’s a few major newspapers controlling print media in the 1990s, or a handful of Studios controlling today’s streaming industry, somehow the creator gets lost. Yet they are the hero that tells our story.

Say goodbye to an industry controlled and constricted by a few big companies and a complex distribution system that favors middlemen. Say a warm hello to ritestream. The cinematic monetization model where an open blockchain is the theatre and NFTs are the ticket.

How ritestream NFTs work

Cinematic NFTs are publicly verifiable records of ownership issued off a blockchain that can be programmed to automatically issue commissions and audience or team rewards. They empower filmmakers, their crews, the fans, and all the stakeholders in a project to share in the funding and the longevity ownership of their creation.ritestream’s NFT focus offers a new lens for creators. Through it they can clearly see and actualize the destiny of their creation.

Creating an NFT

A Creator with either a brand new idea or even an established franchise will be able to list their project on the ritestream platform seeking support from the community. Each Creator will go through a stringent KYC process on the ritestream platform to ensure that their project is legitimate. The Creator will have the ability to determine how much their NFT is valued on creation and thereby offer a portion of that NFT for sale to the community. Community members can then purchase fractional amounts of this NFT for the stated amount.

The Creator has to set a minimum budget amount (“Hard Cap”) which is necessary for the creation of that NFT. Once the Hard Cap is reached, the ritecoins will be released to the Creator in tranches in accordance with milestones that they have stated as part of their project listing on ritestream. This mechanism ensures that the rights of the fractional owners are protected and also such that the liquidity of ritecoin is managed by the ritestream platform.

Monetising an NFT

ritestream has an existing network of streaming platforms that reach over a 100million viewers worldwide. NFT’s that are created on the ritestream platform gain immediate access to this network of streaming platforms and can be readily monetised through this In addition ritestream has an existing user base of several thousand buyers that are actively looking to license new content where these NFT’s can be licensed and monetised.

The ritestream app

To further increase monetisation opportunities for NFT’s created on ritestream, we will launch a ritestream consumer app where the community can watch content, earn ritecoins, provide valuable feedback and connect to other community members.

Launchpad

This is where creators fund Film and TV projects and the community can have ownership of Film and TV NFT’s.

VUE

Watch the biggest movies from Hollywood through to Bollywood with your RITE coin, and earn RITE coins while watching.

NFT

Buy curated NFTs from celebrities and movies.

Exchange

Buy and Sell Film and TV NFTs.

NFT Creation

Ritestream is a vehicle for Creators to fund their creative ideas and bring their vision to life. Creators list their NFT projects for funding and offer the community the opportunity to have fractional ownership of the NFT by contributing using the ritecoin. Creators will need to stake the equivalent of US$1,000 in ritecoins to list their projects for funding on the platform. They will need to hold these coins in their wallets for a period of twelve months post funding of their NFT through the community.

Tokens to incentives high caliber NFT projects

They want to build a content rich ecosystem that not only encourages new talent but also attracts established producers and directors to the platform. 60% of the community pool will be reserved for supporting NFT projects on the platform. Community members that hold a minimum of US$10,000 equivalent in tokens in their wallets for a period of 6 months or more will be eligible to vote on which projects get supported via the community pool.