bogeng crypto: STREAMING AND FINANCING FILM AND INDEPENDENT SERIES AROUND THE INTERNET.

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Here I will review a little about FILMGRID.

FILMGRID IS A PEER-TO-PEER SOLUTION FOR COMMERCE, STREAMING AND FINANCING FILM AND INDEPENDENT SERIES AROUND THE INTERNET.

The core ideals of Filmgrid are to disrupt the film industry for filmmakers, not their settings. From the heart of the rebels, its principles are the basis for the design of its business model, decentralizing as much as possible aspects of the film industry. The adoption of Blockchain technology will allow us to build unstoppable applications, which share the confidence of Filmgrid.

The world has changed, viewers have changed. Streaming services are developing, not only as far as subscriptions but also in original content; Millennials are no longer impressed by the industry's efforts to compete with larger screens, special rooms and very high investments in marketing. They are interested in content, regardless of whether it's a television, computer, tablet or smartphone; the medium has no limits.

Filmgrid seeks to use technological, operational, and ideological innovations to provide fair commercial alternatives, to produce equality between users and to promote art. By getting rid of unnecessary intermediaries, the creation of better films will be promoted. That way direct participants receive a higher percentage of profits, and they receive it faster.

For filmmakers who have made digital films (and / or hold copyright for that) and want to use their projects, we have Billboards, storefronts for films of all types, lengths, types and styles.

It's actually very simple.

Filmmakers register at Filmgrid as Creative Users, if the film is a collaborative work, the Creative Users involved must form what is called the Creative Team, then upload it to Billboard the Movie; once in the display, the viewer buys a digital copy of the film, and, through the application, the film can be downloaded or streamed and viewed as much as specified by the audience user.

Platform Participants

To participate in this platform, at first need to register as a user, which depends on the level of participation, various obligations and privileges are given; divided as follows:

Viewer User (Level One). Internet users are looking for video entertainment at little or no cost. They can buy movies on "Billboard" and participate as voters on "Pitchboard".

Creative Users (Level Two). Independent filmmakers, each individual involved in film development: director, writer, actor, makeup artist, sound technician, etc.

Investment User (Level Three). Investors who seek to place their cryptocurrency in the direction of independent film production.

Creative team. A group of Creative Users are specifically put together for the realization or sale of a film project.

Production group. Group consisting of Investment Users, including production costs divided.

Protector. Users who participate in movie purchases are presale.

Fans. Users who "follow" Creative Users or Creative Teams.

When upgrading, each level of user inherits features from the previous level in addition to the new ones; that is, Creative Users, in addition to participating in filmmaking, can also buy other people or participate in the "Pitch Board" voting, just like the Demonstration Users.

FAIR TRADE TRADE

The point is to get here. It is well known that as many large industries, the film business is far from fair, we constantly hear about films that make millions of dollars at the box office, but what we don't hear is that money stays in an intermediary bag. Not to mention the shameless product placement film included.

In traditional Hollywood business models, revenue is generated by the sale of theater tickets, copies of digital and physical videos, licenses for SVOD services and others. Typical scenarios for profit distribution will include Recoupment Falls, accounting techniques designed to provide control to intermediaries, hence profit manipulation.

For a hypothetical income film 101,473,573.86 USD, it would look like this:

Recovery Falls

It takes several years for returns to be completed, pool manufacturers are the last to see revenue. Collection of producers is made not only by producers, but also by some advertising materials that negotiate the percentage of income, such as directors, writers, actors, and others.

Each transaction is unique for each film, it depends on the name behind the project, but usually respects the numbers presented.

DISORDERS

Remember we said Filmgrid wanted to disrupt the industry? We mean everything about it. We come up with an innovative business model, cutting out intermediaries, which aims to make filmmakers the greatest profit.

Now, before there is a greedy mind, let's consider that this brings an opportunity to dramatically reduce costs for viewers, increasing sales volume.

In the business model that we propose, we have three sources of income on the same platform: Premiere sales, Screen sales, and Home Cinema sales.

DISORDERS

Now, before there is a greedy mind, let's consider that this brings an opportunity to dramatically reduce costs for viewers, increasing sales volume.

In the business model that we propose, we have three sources of income on the same platform: Premiere sales, Screen sales, and Home Cinema sales.

PREMIERE

Buy movies with filmpass during the premiere to get exclusive additional material, and always, watch them first.

SCREENING

Missed the Premiere? A couple of months later the regular version of the movie is back for sale at the Billboard.

HOME CINEMA

If there is interest in the movie, but not into buying it, buying a ticket with filmpass gives the user 48h hours of access.

INITIAL COIN OFFER

The purpose of making an Initial Coin Offer, is to finance the development of the Filmgrid platform and to gather the initial Production Fund amount that will be used by the first Creative Teams voted winners by eligible users, during the first year of operations. This fund will be protected by the smart contracts that have been described previously.

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.

TOKEN DISTRIBUTION

The token distribution will be divided in two phases, distributing 400,000,000 FILM tokens in each phase. 200,000,000 will be kept to be distributed among Filmgrid and the founding team. There will be a total supply of 1,000,000,000 FILM tokens.

We are looking to gather the needed funding for the different stages of the project development:

STARTING UP. Get the project in business motion.

MVP ON TOP OF ETHEREUM. Develop the DApp and Smart Contracts.

FILMGRID PLATFORM. Developing the blockchain.

PRODUCTION FUND. Initial amount for voted productions.

Once we have the Full Viable Product, we will run an Additional Coin Offering, directed for the cinephile and creative public, that is not related or does not yet know the crypto world. This amount is devoted exclusively to form the initial Production Fund.

CROWDSALE

PHASE I

Phase I consists of three sales, Private Sale, Presale and Token Sale, for a total offer of 400,000,000 FILM tokens. Unsold tokens will be integrated into the Crowdsale Phase II offer, increasing the capacity of the Production Fund.