In a fast paced and rapidly changing world of cryptocurrency, it is important for cryptocurrency owners, investors, analyst and everyone in the cryptocurrency space to be kept abreast of current trends, innovations and analysis. Absolute control over information is an herculean task if not nearly impossible, there is increased risk of harsh user experience in the world of cryptocurrency and a rapidly advancing technology such as blockchain.
In a world of hackers, fraudsters and individuals who seek to take advantage of other people’s naivety, it is important to have access to tools, data, analysis and information to keep one up to date of current event happening in the everyday crypto space. Information is power, with the right tools, you are indomitable. But gathering these information from various sources proved to be a time sapping and effort consuming task. A perfect solution would be to have an ecosystem which provides these tools to everyone ranging from investors to cryptocurrency experts or people who are newly venturing into the crypto world in one giant platform and this is where Spokkz comes in.
What is Spokkz About?
The Spokkz blockchain platform is basically all about a digital currency coinage platform whose whole ideology is centred on letting TV/Film customer's, actors, actress, producers, distributors, content creators, advertisers and others change how film and TV are viewed and priced. The platform creates the niche for users to enjoy a decentralized platform which makes it easy through its crowdfunding for been stakeholders.
The platform was created in 2012 in Singapore with a functional blockchain crypto currency framework for users. The platform also has secure wallets for 15 fiat currencies already functional. it is technically an ERC20 framework allowing the use of Ethereum for its fiat currencies. It also allows for flexible, integral and trustworthy.
How it works
Private issuance of tokens - Users have to commit upfront for the content they wish to watch and may receive a discount using tokens. Incentives are also provided to funders if the content they pre-fund does well on other platforms.
Community engagement - Users receive rewards in the form of tokens for reviewing, rating and analyzing the content available on the platform. These rewards can later be converted to desired crypto or fiat currencies.
Viral reward token - Users are provided with incentives to share and view content and advertisements in a way that benefits even non-users of the platform.
Content Distribution rewards - The Spuul P2P protocol is used to enable content sharing between users and reward them for it and use tokens to increase the velocity of sharing.
Secure wallet - An ERC20 based wallet is integrated into Spuul’s existing wallet which provides links to exchanges that deal in SPOKKZ allowing users to trade easily.
Stakeholders
Spuul uses key features of the blockchain to transfer rewards between users and share content optimally. The various stakeholders in the Spuul network are
Community: Spuul's video application is the first dApp on the blockchain and already possesses a significant user network and revenue. A reward system is developed for all token users as an incentive to watch, share, like, write reviews of, comment and like the cast of, and suggest new content for Tv shows and movies. Once users collect tokens they can then be traded for fiat currencies on any ICO or exchange.
Content Creator: Spuul has developed a crowd-funded platform for video content that can also support licensing of certain content like sports from the funds earned through viewership. This funding is currently being done by Spuul itself. This allows Spuul to gain an equity in the content it promotes, building its intellectual property catalog.
Stars: Starpower determines viewership of content and Spuul with increasing popularity can become a place for stars to engage with fans and boost their own popularity. Spuul will launch a dApp for community interaction through which users can be invited by the stars to sets in return for tokens. Users can also be rewarded with tokens by the stars for reviews and suggestions. This enables better circulation of tokens.
Advertisers: Advertisers can buy tokens to select advertisement spots within the economy across platforms which will help in the growth of the economy. With growth will come increasing value of the economy.
E-commerce: E-commerce is a crucial part of the shopping experience but an issue that exists there is the poor social marketing which in turn means fewer people returning. Sppul can be used by vendors to trade in tokens and also build a loyalty system to encourage social engagement.
How does Spuul earn?
Initially, Spuul will co-fund movies and tv shows. Following the token release, SPOKKZ will be used to fund 2 movie projects partially along with producers. The community can also contribute by buying tickets through tokens. In return, Spuul receives an equity in the movie project which can be monetized over its lifetime. Using this revenue further projects are funded and a cycle is formed that benefits funders, users and content producers.
Tokens
Spuul will generate a total of 1billion SPOKKZ and released publically at USD 0.08 per token. Crowd sale and token generation event will be handled by SPOKKZ Global Foundation Ltd, a Singapore based company that will issue the smart contracts on Ethereum. The proceeds from crowdsale will be used towards to content funding and acquisition, marketing and promotions, platform software and operations, and expenses and contingency funds.
-THE SPOKKZ ROADMAP.
The Spokkz is designed with a functional roadmap, that guides its operations from token sales, platform conceptualization plans,team assembly and other platform milestones or project prospects. Below is the systematic structure and diagrammatic functionality of the Spokkz platform roadmap.
Team& Partners
The core team at Spuul comprises of Co-founders Subin Subiah (CEO) and S Mohan (COO), CEO - Spuul India Rahul Vaidya, CFO Krishanu Singhal, Head of content D Girish, and Head of Engineering Srihari Y.
SPOKKZY TEAM OF EXPERTS
Advisors to the core team of leaders at Spuul include visionaries and leaders of the industry like Ken Munetaka of Sony Picture Entertainment and former President of BBC Japan, John Ford Director Fidelity China Special Situations Plc, and Alok Kochhar former Vice Chairman (Asia) of Bank of America, Myreel Lynch
For more information, please visit:
Website: https://spokkz.com/
Whitepaper: https://spokkz.com/static/documents/whitepaper.pdf
Facebook: https://www.facebook.com/spuul/
Twitter: https://twitter.com/SpokkzOfficial
Telegram: https://t.me/SpokkzOfficial
LinkedIn: https://www.linkedin.com/company/spuul/
YouTube: https://www.youtube.com/channel/UCjXR-TfuFdQp7OoUZWXv7MQ
Reddit: https://www.reddit.com/r/Spokkz/
Medium: https://blog.spokkz.com/
Github: https://github.com/Spuul/spokkz-ico-contracts
Author : Maniecool
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1692995