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SLATE: Decentralized Entertainment Ecosystem Based On the Blockchain technology by dannywhelan

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· @dannywhelan ·
SLATE: Decentralized Entertainment Ecosystem Based On the Blockchain technology
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**Introduction**

Entertainment is the basic need of human beings. Watching Netflix or going to a movie theatre are all part of the process. People have multiple options to entertain themselves in the digital world. The revenue of Netflix and Hulu speaks volume about the success of streaming videos category in the entertainment world. Although people love going to movie theatres, they have become more inclined to entertain themselves using streaming video applications. The popularity of these services has created a different market segment in the entertainment world which are growing rapidly with the mass adoption of the mobile and internet.

Netflix is the market leader in the video on demand category with more than 115 million subscribers in the world. Lack of equitable compensation to the content creators is the biggest challenge for the industry. The content acquisition strategy of the leading video on demand (VOD) service provider has led to the high bandwidth usage and lack of negotiating power for the content creators. The future of these centralized services does not look promising. What do you think about the solution for the above challenges?

**Solution offered**

BINGE is creating a decentralized platform for the video on demand service. Based on the blockchain technology, it provides equitable and fair compensation to the content creators. It is a decentralized subscription-based streaming media platform offering users a diverse range of content on demand. Complete transparency for the users of the platform is provided so that people are encouraged to join the platform. BINGE network provides insights and data about the consumer behaviour and other related information. Affordable services, No geographical limitations, a significant reduction in piracy and incentive for the subscriber are a few of the many features available on the platform.
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Another platform launched by the team for solving ticketing problems is the SLATIX platform. It provides decentralized entertainment ticketing solution to the users. Tickets for various events are available on the platform. Individuals and enterprises can utilize the platform for the purpose of transparent ticketing. Near zero fee structure, elimination of counterfeit tickets and elimination of Bot purchasing are the basic features of the platform. Credible reviews for the content is awarded by the users of the platform. There are multiple rewards and incentive to the users of the platform in the form of cryptocurrency. Improving the entertainment experience of the users is the ultimate aim of the platform. Blockchain technology is the perfect fit for the ticketing industry.
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**ICO INFORMATION AND TEAM**

950,000,000 SLX Tokens are created for the project. 48% of the total tokens are reserved for the public sale. 51% of the funds will be utilized for the content acquisition while 19% of the funds will be spent on the technical development. Anyone can register on the platform for token sale participation. The team working on the project is experienced in the field of blockchain technology and business development.

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**Conclusion**

Videos on demand have become a popular source of entertainment because of freedom and choices they provide to the people. The subscription model is working perfectly fine for the users of the platform, and diversity of the content on these platforms is another advantage for the users. With growing demand for quality content and low-cost solutions for industry, it is time for the adoption of new technology to create unparalleled change in the market. The entertainment industry is ripe for the disruption. Decentralized content distribution network powered by the blockchain technology is the future of the industry.

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Tokenization of the electronic ticket will boost the transparency and access to the entertainment. Multiple platform features are created to support the growth of the entertainment industry. We will see a new light of cinema, art, and music in the age of decentralized content distribution. The monopoly over the content will end, and people will be free to choose the kind of model they like. A new entertainment ecosystem will be developed which will impact many sectors, such as streaming media, electronic ticket, cinema, concert, and theatre. What do you think about the future of the platform? Are we ready for the decentralized platform?

**Website** - [https://slate.io](https://slate.io)

**Whitepaper** - [https://slate.io/Slate\_Whitepaper.pdf](https://slate.io/Slate_Whitepaper.pdf)

**ANN** - [https://bitcointalk.org/index.php?topic=3399383.0](https://bitcointalk.org/index.php?topic=3399383.0)

**Telegram** - [https://t.me/Slate](https://t.me/Slate)

**Published by**  - dannywhelan

**Profile**  -  [https://bitcointalk.org/index.php?action=profile;u=1606458](https://bitcointalk.org/index.php?action=profile;u=1606458)
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