Movie and star blockchain: the new attempt at cross-border

Everyone must always watch movies. Some movie tickets are cheaper, while others are expensive. At this time, did you think that if I could participate in the movie business, how good would it be?

You may think that the production of a movie is a very complicated process, The calculation of costs and income is not easy to figure out. With a long production cycle, the risk is not low. This is simply not possible for an ordinary person.

But what I want to tell you is that if you think this is a dream, then blockchain system ( ethereum movie venture in Switzerland, which started their crowdfunding project in July 2016) can help you complete this dream. Because the information of the blockchain system is transparent, the records are fully traceable, and the data cannot be tampered with, which can be used to solve the problems you are worried about.

 

1. Ethereum Movie Venture

So simply speaking, Ethereum Movie Venture is a film production company and is a diversified film investment platform dedicated to investing in independent film industry. The mainstream consumers of the movie will be able to use their electronic wallet to pay for the streaming version of the movie. It is an ERC-20 certified Ethereum currency (just like LatiumX (la tx), which also adopted ERC-20 Ethereum blockchain agreement currently).

In 2018, when the movie "The Pitts Circus" was released, it was necessary to use the platform's movie token, Ethereum Movie Venture token (EMV) to watch the movie. Subsequently, the blockchain company Consesys teamed up with Braid the movie and plans to launch feature films funded by Ethereum.

This project will return all the income from the movie, plus 15% of the profits, to the investors, and 30% of the income will be to the owner of the token, which sounds very attractive. However, there are many criticisms of this project. Obstacles to supervision are not mentioned. Even in technology, there are voices in the industry who believe that they ignore the original statement on smart contracts and undermine the legitimacy of the blockchain.

Obviously, despite the good intentions, the process of landing is often full of hardships. This can be seen from the price changes since the Ethereum Movie Venture was issued in the movie charts. It can be said that the price has been really ups and downs since its release. It reached the historical high at 7.55 USD on Apr 19, 2017. After that, the price suffered a significant slump and then continued to vary erratically.

As to whether or not Ethereum Movie Venture is worth investing, I think this depends on whether there will be a new and better model in the future that can take into account business, law, and technology at the same time.

Now that we are talking about movies, we definitely think of stars. Then I introduce a blockchain technology related to stars, Ace.

2.TokenStars (Ace)

TokenStars (ace) is also an Ethereum-based token with low transaction fee and Faster Transactions. It is the first blockchain company to issue tokens for clubs to participate in stars’ achievements. At present, ACE token projects have been launched for tennis, followed by GOAL, poker, basketball, and ice hockey. It is planned to create tokens for musicians, models and actors later.

Each ace coins holder has the potential to become a scout instructor who can search for stars around the world and evaluate players. In addition, there will be contractors in the system. They will create athlete community fans in social networks to help public relations and attract sponsors. At the same time, there are also analysts, including the scout instructor and the undertaker, all of them are token owners.

All token owners can vote on the players that TokenStars plans to terminate. They can also vote on the leaders of the contractor and the star of the scout coach at the time of their change. They can also make suggestions to the operations team, etc. 

It is only in this way that the employment manager model in sports organizations can be dispersed and the transaction costs can be reduced. The platform that also adopts this approach is Oceanlab (ocl), which makes blockchain technology widely available to the general public without an intermediary.

Is this kind of rules game exciting? If you are a token holder, it seems that you have mastered the "right to kill" of these stars.

 

In terms of price, Ace is much more stable than the intense fluctuations of EMV, but it is a pity that it is kept in such a stable state after the decline, which makes it appear that there is no potential for future appreciation and is not suitable for long-term holdind.