SLATE - The Entertainment Currency

anov996 (28)in #ico • 6 years ago

SLATE is a blockchain-based entertainment utility protocol powered by a cryptographically secure multilayered network. The decentralized system will deliver low-cost, high-speed, high-definition video globally and facilitate live event ticketing on the blockchain. Consumers will be able to spend SLATE cryptocurrency (SLX) on some of the best entertainment the world has to offer. The use of SLATE enables fair and transparent compensation between creators, producers, and distributors. Creators are compensated fairly and consumers get higher quality entertainment. Tickets purchased with SLATE will be forgery resistant, virtually eliminating fraud. Service providers holding SLX can earn even more by storing and delivering content.

The decentralized system will deliver low-cost, high-speed, high-definition video globally and facilitate live event ticketing on the blockchain. Consumers will be able to spend SLATE cryptocurrency (SLX) on some of the best entertainment the world has to offer. The use of SLATE enables fair and transparent compensation between creators, producers, and distributors. Creators are compensated fairly and consumers get higher quality entertainment. Tickets purchased with SLATE will be forgery resistant, virtually eliminating fraud. Service providers holding SLX can earn even more by storing and delivering content.

The Slate Multi-Layer Ecosystem

SLATE (SLX) intends to be the digital currency of the entertainment economy, providing access to premium entertainment. Built on blockchain technology, its distributed, immutable ledger enables secure, trustless payments and structured incentives. It will be used as payment for Binge subscriptions, transactional purchases, and tickets to all events offered through Slatix.
BINGE aims to be the first decentralized streaming platform to utilize the power of distributed ledger technology through the introduction of Blockchain Video on Demand (BVOD). For the Binge streaming media platform, blockchain technology will facilitate the transparent sharing of behavioural analytics designed to understand what consumers like and why. The Binge model of complete transparency aims to be an entertainment industry-first. The platform’s objective is to ensure equitable sharing of not only the economic waterfall between content provider and creator, but of valuable data that will help creators produce better content.
SLATIX is designed to be a feature-rich electronic ticketing application offering unique rewards, incentives, and providing mobile devices unparalleled access to all things entertainment. Among the proposed benefits are near-zero fees, meaningful discounts, legitimate reviews, and verified ‘counterfeit-proof’ tickets for purchases to activities such as movies, concerts, plays, sports events and anywhere tickets are required for entry.

SLATE Partnerships

Smart Contracts & Tokens

SlateChain is not just a media storage and streaming delivery system; it’s intended to be a comprehensive solution that will include automated contracts that regulate access and fees. To achieve this comprehensive service management system, Binge will rely on smart contracts embedded in digital tokens that unify the language and structure user/network agreements.
Companies and users will be able to effectively create custom tokens to distribute and verify ownership in the ticketing industry. The Slatix ticketing and rating application will be the first to leverage this token and smart contract functionality.

Token Sale Information

Token : SLX
PreICO Price : 1 SLX = 0.02 USD
Price ICO : 1 SLX = 0.03 USD
Platform : Slatechain
Accepting : ETH, BTC, LTC, BCH, DASH, XRP, NEO, XMR
Minimum investment : 0.01 USD
Soft cap : 20,000,000 USD
Hard cap : 125,000,000 USD
Country : Canada
Whitelist/KYC : KYC & Whitelist
Restricted areas : Canada, China, North Korea, Sudan, Syria, United States of America.
Token Distribution

Token Sale
Slate is a decentralized open-source currency. To help ensure that the currency always remains decentralized, 48% of the tokens will be distributed via the token sale. Through incentives and discounts, additional Slate will be distributed to individuals over time, supporting continued decentralization and protection from any one entity wielding incontestable power. This means that the Slate development team will have to meet the standards of the community and holders when publishing updates and making changes to consensus parameters.
Content & Incentive Pool
The Incentive Pool is designed primarily for acquisition of content for the Binge network, and to incentivize partnerships designed to facilitate the acquisition and production of content.
Slate Group
The Slate Group includes certain directors, officers, advisors, independent contractors and partners of the Slate Entertainment Group as more fully described in Section 6 of this Whitepaper. Tokens allocated to Slate Group are subject to a self-imposed SEG lockup policy whereby tokens are disbursed 60 days following completion of the token sale and fully distributed over a 36 month period.
Marketing & Adoption Pool
By leveraging micro-rewards, the Marketing & Adoption Pool will be used to assist in the acquisition of business and consumer adoption of the Binge Streaming Blockchain Video on Demand service, and the Slatix Electronic Ticketing Application. Incentives include promotional token giveaways and the incentivized acquisition of brand ambassadors to promote region-specific adoption of the platforms.
Development Pool
The Development Pool will be used to reward developers with incentives and bounties to ensure continued technical development of the Slate Ecosystem, and for the facilitation of community involvement.

Funds Allocation

Content Acquisition
Funds will be allocated for the acquisition of original content for channel one of the Binge BVOD platform. Content will consist primarily of feature length films, series, and documentaries. Also included will be the acquisition of previously released films in order to build a catalogue of content for channel two of the platform.
Technical Development
Funds will be allocated for the development and initial support of the Binge BVOD platform and the Slatix Electronic Ticketing application.
Marketing & Promotion
Funds will be allocated for marketing initiatives such as industry sponsorships, traditional print and media advertising campaigns, digital media campaigns, the establishment and on-going management of social media, promotional giveaways related to subscriptions, tickets and coupons, and the development of the promotional Slatix Platinum Concert Series.
Corporate Overhead
Funds will be allocated for corporate infrastructure development and enhancement, general and administrative expenses such as office leases, salaries, wages, director and advisor remuneration, legal and accounting. The allocation is expected to provide runway of 24 months.

RoadMap