FILMGRID-DECENTRALIZED MOVIE INDUSTRY THAT GUARANTEES FREEDOM OF THE ART


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Filmgrid is an ideological project, seeking to create a business redundant platform that provides a fair innovative alternative to movie business; removing intermediaries from the creative and producing processes.

In addition, Filmgrid is a peer-to-peer platform for commerce, streaming and financing of independent films and series over the Internet. Of decentralized nature, removes all movie theaters and film distribution companies as intermediaries, allowing a fair distribution of profits among the film's creators, which at the same time allows for a reduction to the cost of the offer to the public.

Blockchain Architecture

During the period the DApp lives in the Etherum Network, we will be developing Filmgrid Blockchain, an Ethereum fork, on which the consensus algorithm Proof Of Work (PoW) will be changed to the consensus algorithm Proof of Elapsed Time (PoET), turning it into a Permissioned Blockchain. This way, this Blockchain’s need for miners is eliminated as the computing power is provided by the Filmgrid peers network.

Every device that runs Filmgrid's DApp is a potential source of computing power. The PoET algorithm gives the opportunity to do processing in the backend of the device, randomly chosen, with a low power consumption while watching a movie. Users will have the option to enable or disable this function at will.

Filmgrid will provide server power for certain functions of the DApp and the off-chain interconnections, such as the video files retrieving or social network activity.

A KYC module will also be implemented, in order to differentiate the type of user in the platform, the more faculties within the platform, the more information is requiered.

Filmgrid will provide server power for certain functions of the DApp and the off-chain interconnections, such as the video files retrieving or social network activity.

DISRUPTION
Remember we mention Filmgrid wanted to disrupt the industry? We meant everything about it. We come up with an innovative business model, cutting out intermediaries, aiming for the moviemaker to be the one who make the most profit.

Now, before any greedy thoughts, let's consider that this brings the opportunity to dramatically lower down the cost for the viewer, increasing volume sales.

In our proposed business model, we have three income sources within the same platform: Premiere sale,Screening sale and Home Cinema sale.

In either case, Creative Users members of the Creative Team begin to receive income from the first sale. The decentralized application and the smart contracts will take care of all the automated operations and income distribution, respecting the configuration from the team registration.

We have now the opportunity to offer the users, international movies at an accessible price for almost anyone; and at the same time, a fair alternative to movie makers. The suggested prices for each sale option are:

PREMIERE = 2.85 USD | SCREENING = 1.9 USD | HOME CINEMA TICKET = .56 USD

With these prices and using the types of income of the typical scenario, we can run our hypothetical case, for the same movie, using Filmgrid.

Even though the total income was dramatically less than in a typical scenario, the revenue received by the Creative Market was bigger.

About The Filmpass Token

Filmgrid’s utility token, Filmpass (FILM), is designed to be the means of payment for buying and renting movies and series episodes within the platform.

Token Details

Standard: ERC20

Name: Filmpass

Ticker: FILM

Decimals: 18

Max. Cap: 1,000,000,000 Tokens

Contract: 0xdadfd3814684a3a08a001500a98eef74f4ac1712

Token Distribution

The FILM token distribution consists of four sales, each one unique and oriented for different markets. Out of the 1 billion FILM tokens, 800 million will be distributed in total; 200 million will be kept to be distributed among Filmgrid and the founding team.


PRIVATE SALE

Date: May 1st 2019 - June 30th 2019

Price: 1 ETH = 11,000 FILM

Tokens for Sale: 20,000,000 FILM

PRESALE

Date: July 1st 2019 - July 31st 2019

Price: 1 ETH = 7,000 FILM

Tokens for Sale: 60,000,000 FILM

SALE ROUND 1

Date: August 1st 2019 - August 31st 2019

Price: 1 ETH = 3,000 FILM

Tokens for Sale: 320,000,000 FILM

SALE ROUND 2

Date: Sept. 1st 2019 - August 31st 2020

Price: Dynamic

Tokens for Sale: 400,000,000 FILM

The tokens will be minted according to the dates and amounts of the distribution sales.
TEAM MEMBERS

ADVISORS

ROADMAP

For more information, please visit:

Website: https://filmgrid.space/

Whitepaper: https://docs.google.com/document/d/1DqPk4pv-qu0sk7YGejxNmecBw7jj9IiipkKFeOVY0bU/edit?usp=sharing

ANN Thread: https://bitcointalk.org/index.php?topic=5139641.0

Telegram: https://t.me/filmgrid

Facebook: https://www.facebook.com/filmgrid/

Twitter: https://twitter.com/FilmgridSpace

Instagram: https://www.instagram.com/filmgrid_space/

LinkedIn: https://www.linkedin.com/company/filmgrid/

YouTube: https://www.youtube.com/channel/UC7S3acFssgkISo4q_9lE-5A
Author: Maniecool
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1692995


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