SPOKKZ is a video streaming company launched in 2012 by Spuul with the assistance of Blockchain Technology. It creates a decentralized ecosystem and marketplace where all the stakeholders in the film industry (advertisers, stars, content creators and merchants) are joined together. Its branches are located in Mumbai, Dubai, Sydney, and Auckland. SPOKKZ is used by Over 60 million users in 180 countries. Around 60,000 transactions are occurred in this platform every day. Though it has earned US$ 14 million in revenue in 2017 it is expected to double every year over the next three years.
Followings can be identified as the problems in the current context.
Large studios have self-serving agendas
They have middleman
They are imposing their choice of content on viewers
Its charges are unfair
There is no room for community engagement
These problems are addressed in the best suited manner by SPOKKZ by,
Allowing the viewers to decide what content works and what price would be given him / her to the access of a decentralized ecosystem and marketplace
Crowdfunding and helping to promote movies & TV shows
Permitting audience neighborhoods to join with manufacturers, web content makers, representatives, celebrities as well as advertisers as equivalent stakeholders.
The total token issue for this project is 1 billion. The minimum amount expected to be raised as soft cap is $5 million where the maximum amount expected to be raised as hard cap is $19.68 million. All the payments for the tokens are accepted only from ETH, BTC, ZIL and Cash where theprice of a token is 1 SPKZ = 0.08 USD. The total token supply is expected to distribute as follows.
Running Economy - 43%
Public Sale - 30%
Team - 14%
Advisors - 6%
Legal & Marketing- 6%
Bounty - 1%
Before purchasing the token, each and every customers should have to go through Know Your Customer (KYC) and Any Money Laundering (AML) processes.
So raised fund will be used for the development of the projects. Accordingly they are allocated as follows,
Content Funding & Acquisition - 50%
Marketing & Content Promotion - 21%
Platform Software & Operations - 21%
Expenses & Contingency - 8%
Further the token holders can enjoy the following benefits being a token holder.
There is a possibility to earn – The token holders can share and review movies & TV shows. In return then can earn from SPOKKZ tokens from the ecosystem.
The token can be spent to stream premium content and shop at partner stores
The token can be converted into BTC/ETH.
They can be producers of Crowdfund movies & TV series via the blockchain
The token holders can Be a part of a premier global entertainment community
Already the SPOKKZ has reached to 59 milion users and it has panned to achieve followings in the near future.
Target to achieve 75 million users
Raising fund for the first batch movies and2nd batch movies
Going on live
Issuing 80 million token wallets
Launching tokenized loyalty program
At the end of the first quarter of 2019 it is targeted to reach 100 million users.
SPOKKZ is driven toward the success by an excellent team that comprises with highly qualified and well experience nuts. They are experts in BlockChain Technology, Business development, Entertainment Programs, banking and financial services, risk management, capital markets and treasury Management, public relationship, and legal matters and so on.
More Information About Spokkz:
Website: https://spokkz.com
Whitepaper: https://spokkz.com/static/documents/whitepaper.pdf
Facebook: https://www.facebook.com/spuul
Telegram: https://t.me/SpokkzOfficial
Twitter: https://twitter.com/SpokkzOfficial
ANN Thread: https://bitcointalk.org/index.php?topic=4480708.0
Post by Anusha
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1953594