Slate - decentralize the entertainment industry.

in #ico • 6 years ago

Slate Entertainment Group brings to the table a great mix of expertise that has enabled itself the with tools that develop multi-level entertainment ecosystem. Their ecosystem consists of SLATE Entertainment Utility Protocol, the SLX Tokens besides SLATIX Tokenized Ticketing Application and BINGE streaming blockchain video on demand platform called BVOD!

In partnership with Slatix Solutions and Binge Media Corporation Slate Entertainment Group (SEG) has developed a new multi-layer product for entertainment industry. One of the most important goals of the project is to improve the mass consumer experience associated with film watching. For this purpose, SEG aims at creating of SlateChain, a specific blockchain platform for video delivery and storage.

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Binge will offer:

  • Exclusive Content - Original content produced by Binge which includes, series, films, and documentaries
  • Library of Content - Movies, series, and documentaries licensed by Binge
  • Creator Content - Content uploaded directly from creators that adheres to Binge's open criteria

Significant data is the key to sound business decisions. The powerful Slate analytics tool is designed to simplify market discovery by revealing local, regional, and global delivery patterns. Movers industry will gain new creative excellence when producing content. Detailed demographics help match consumers with content they love. Slate Analytics will offer unexpected access to relevant network data. Creators can take control by accessing the database directly and customizing the analysis. Open Analytics Slate aims to set new industry standards.
SLATIX (the app for Slate) will use blockchain technology to create ticket systems marked with cheap tickets with attractive features. The SLATIX depth analysis will be designed to make tickets in blockchain a better way for places to connect with consumers directly and appreciate their loyalty.

Platform Structure

SEG platform includes two system modules. Binge will provide an access to high-quality media and improve the industry in the following aspects:

  • reduction of piracy;
  • lowering the fees charged for subscription;
  • use of real-time payment and
  • removing any geographical restrictions.

Slatix will have an easy to use platform for mobile and desktop that will allow the consumer to browse events, timing, pricing, ratings and reviews. Slatix will also include a social experience through their application. Slatix will make it easy for the purchasing of tickets, gifting tickets and reimbursing tickets. A QR code scanner will be included as well for event admissions. Tickets can also be resold directly through the app in the market section.

The Slatix application and its uses will be built on SlateChain, which Binge is built on as well. Slatix will use Slate tokens as well. Slatix will be advertised through Binge and vice versa. Slatix will significantly reduce the service fees required for the purchasing of tickets. Credit Card fees and other fees will be reduced as well with Slatix's near-zero fees.

SEG incentive model

Platform users are motivated to promote the network on social media for reduced subscription fees and receiving SLX tokens. Additionally, there is a two-level system to encourage users to submit reviews. First, platform's participants can evaluate reviews as helpful and valuable. This will promote and develop user profile, which is called a CredScore. And secondly, business representatives can reward users with high ratings for their active participation.

Alongside incentive model SEG introduces its “Level Up” program. The more purchases are made, the more advanced access will be obtained. The rewards are assigned to different levels, that include:

  • access to premium tickets;
  • exclusive invitations, such as movie premieres, and
  • private lottery.

ICO

Token distribution

The initial crowdfunding effort is designed to introduce Slate on a broad scale. The wider the initial distribution, the more rapidly Slate can achieve adoption by both the entertainment industry and private individuals interested in improving their entertainment experience. SEG intends to allocate a total supply of 950,000,000 Slate tokens as follows:

SEG expects that the result will be an enriched experience for consumers and creators. To accomplish this, SEG plans to introduce BINGE, a blockchain video on demand platform; SLATIX, an electronic ticketing application; and SLATE, a digital utility token. To facilitate the functionality of the token and platforms, SEG’s plan is to design and build SlateChain - a blockchain media delivery and storage protocol that can be shared by small and medium enterprise for years to come . It looks like Slate has a fair chance in the market. The company has an ambitious goal to dominate the streaming market and it will certainly face competitors like Netflix, but it definitely has a shot at success.

Website: https://www.slate.io/
WhitePaper: https://www.slate.io/Slate_Whitepaper.pdf
Telegram: http://t.me/Slate
Facebook: http://www.facebook.com/slatecurrency
Twitter: http://twitter.com/slatecurrency
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