MovieBloc (MBL) news

What is MovieBloc (MBL)?

MovieBloc sets itself apart from other film-related ICO projects by taking a different approach. Instead of simply removing the middleman and establishing a direct distribution channel between creators and audiences, MovieBloc seeks to create a full ecosystem with participation from all film distribution participants. Rather than burdening creators with additional roles and responsibilities, MovieBloc aims to provide a platform for translators, designers, curators, reviewers, and others to collaborate and contribute to the film distribution process.

How does MovieBloc (MBL) Work?

The film industry is being revolutionized through decentralization with the help of MovieBloc. This innovative platform introduces blockchain-based online festivals that will discover quality movies and new talented creators. The festival will be held quarterly and will give out rewards of up to $10,000 to contest winners. By uploading high-quality films on MovieBloc, producers can attain recognition and monetary rewards from the festival. Additionally, creators can raise funds for their films through viewer donations and offer special content such as unreleased director's cut or pre-release films to donors.

MovieBloc ensures that creators receive up to 90% of the revenue, and they can set the price, exhibition period, and other conditions without any approval process. The platform's curators, translators, and designers will help distribute the film to different nations and increase the creator's earnings.

Furthermore, MovieBloc guarantees that creators receive their profits transparently through blockchain-based smart contracts, and they are provided with insights from their followers and viewer data. This information, such as gender, age, and traffic source, will help creators cater to their audience and develop content to satisfy them. MovieBloc's ultimate goal is to create a collaborative and supportive film distribution ecosystem, where all participants can contribute and benefit from each other.

What makes MovieBloc (MBL) Unique?

What sets MovieBloc apart from other platforms is its collaboration with KMPlayer, a video playback software with a long history and millions of active users worldwide. This partnership will enable MovieBloc to reach a wider audience and significantly reduce marketing costs by introducing the service to KMPlayer's existing users. Moreover, MovieBloc's simple structure allows creators to deliver their content directly to consumers globally with just one upload. With MovieBloc, creators have the opportunity to receive up to 90% of the revenue, set their prices and conditions, and gain insights into their audience through blockchain-based smart contracts. Ultimately, MovieBloc aims to create a collaborative and supportive ecosystem for all participants to benefit from each other.

What is the MBL Token?

In the MovieBloc ecosystem, MBL serves as the primary digital token for economic transactions and payments made by users to access premium content. As part of the smart contract system, contributors such as creators and curators are rewarded with paid tokens.