As a blockchain and cryptocurrency enthusiast, I'm happy when i come across great projects that will change our day to day lives, a project with the business model that targets the entertainment industry is one of the projects that will be in demand and will last in the market and hence a good investment. Today i will introduce to you SLATE.

very happy to see the project with the concept of entertainment, because this idea has always been something that attracts many users, because it can bring a lot of entertainment, but it can be a good investment material, whether for further development there will be technological updates such as VR?

Slate is a blockchain based decentralized entertainment platform that uses blockchain features such as smart contractors to allow secure automatic rewards processing between content creators and the users, a distributed ledger technology that allows secure and transparent entertainment environment and the decentralized community will be able to curate content based on quality allowing only the best is highly rewarded. Content creators will be able to charge live events through ticketing and easily tap on the large decentralized community who will pay for tickets online. The Slate platform have created slate (SLX) Digital currency that will be used to fuel the ecosystem and reward content creators.

About Slate

The slate blockchain start-up plans to target the entertainment and introduce the missing features through blockchain technology, this feature includes decentralizing the industry, security improvement, transparency and target marketing. The platform will bring trust and encourage content creators to create more quality contents. This will allow high quality creators to earn regardless of their affiliations. The platform plans to partner with 3 major players in the industry namely: BINGE, SLATIX and SLATE a partnership that will allow videos to be ticketed online.

The higher the quality of the content created the higher the creator will earn and this is all controlled by the community curating entertainment content on the blockchain. SLATE Will utilize blockchain technology smart contracts feature to allow a trusted secure automatic processing of membership in the platform, buy goods and services, tickets towards live events on the partnered platforms such as SLATIX.

The SLATE platform plans to decentralize Videos on Demand (VOD) Through blockchain technology, this will dismantle centralized systems that have been controlling and monopolizing the industry for their own benefits. The platform will be able to create a horizontal chain of service delivery where the community couples with the content creators benefit in a mutual environment without middle men. this mutual consensus agreement will be able to able to distribute rewards between users and content creators in a transparent, secure, and fair environment. The business models ensure the rewards are paid to quality content creators improving the industry performance through quality improvement of entertainment contents. The business model will also inspire and motivate continent creators regardless of their affiliations towards unleashing more quality contents – rewarding talent.

The platform decentralized nature will allow the platform to get rid of middlemen who have been the highest benefactors of the traditional entertainment industry. This will also reduce the transaction fees allowing almost zero charges when using SLATE Currency.

Detail Slate (SLX) Token Sale

Slate is a digital currency that will run on its own mainnet, it will be used to fuel all the processes in the slate ecosystem. SLX will be used as an incentive in the ecosystem to rewards content creators it will also be an investment to investors and holders will be able to exchange the currency in any exchange to allow easier claim of the currency.

Conclusions

The slate business idea is a noble idea worth promoting, users will be able to get high quality entertainment contents at reduces pries due to the fat that middlemen will not have a place in the ecosystem. Content creators will be highly rewarded for their contribution to the industry in a transparent and fair ecosystem. This is a new start-up using the latest on demand technology to bring innovation into the entertainment industry. I will keep myself updated on the project progress and you should to, below are the important links:

References

Site: https://slate.io/
Whitepaper: https://slate.io/SLATE_WHITEPAPER.pdf
Discord: http://discord.gg/ENuwHH5
Twitter: http://twitter.com/slatecurrency
Facebook: http://www.facebook.com/slatecurrency
Instagram: http://www.instagram.com/slatecurrency/
Telegram: http://t.me/Slate
Github: http://github.com/slatecurrency

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Author: jamesndungu1
BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1856049