Consumers will be able to spend SLATE cryptocurrency (SLX) on some of the best entertainment the world has to offer. The use of SLATE enables fair and transparent compensation between creators, producers, and distributors. Creators are compensated fairly and consumers get higher quality entertainment. Tickets purchased with SLATE will be forgery resistant, virtually eliminating fraud. Service providers holding SLX can earn even more by storing and delivering content.
What is SLATE?
SLATE is a blockchain-based entertainment utility protocol supported by cryptographically safe multilayer networks. The decentralized system will generate high-definition, high-speed, high-definition video globally and facilitate live event tickets in blockchain.
Utilizing blockchain mechanism, Slate’s goal is to disrupt the present entertainment industry with its own cryptocurrency. With its aim to provide high-definition video streaming platform with low costs, Slate will also increase the speed to stream and will also offer a live event ticketing system.
SLATE ECOSYSTEM
SLATE entertainment utility protocol – SLX Token
BINGE streaming blockchain video on demand platform - BVOD
SLATIX tokenized ticketing application
BINGE
Binge introduces BVOD™ (Blockchain Video on Demand), the first premium decentralized streaming platform to utilize the power of distributed ledger technology. For the Binge streaming media platform, blockchain technology facilitates streaming content and transparent behavioral analytics that reveal consumer tastes. Binge’s model of transparency is an entertainment-industry first. Binge will provide real-time revenue sharing between content providers and creators, while mediating access to the valuable network data and analysis that improves content development.
= > UNDERSTANDING BINGE
The goal for Binge is to be a decentralized subscription-based streaming media provider of high-quality original video content. Binge intends to be the first scalable commercial platform using distributed ledger technology to provide the power of Blockchain Video on Demand (BVOD). Slate token holders will have exclusive use of the platform. Binge is being developed to provide complete transparency and equitable compensation for content creators, including the use of real-time payments – which ultimately translates into better content for consumers; no geographic user restrictions; significant reduction of content piracy; and substantially lower subscription and pay-per-view fees.
SLATIX
Powered by the SLATE network, SLATIX will be the new go-to mobile app for entertainment discovery and ticketing. Consumers using SLATIX can discover great content through a curated system of authenticated reviews, and earn substantial discounts and access to entertainment events, including movies, concerts, plays, museums and sporting events. Repeat users will enjoy loyalty rewards and an unparalleled entertainment experience. Curation of a trustworthy review system is incentivized with Slate token rewards (SLX). Since the tickets are secondary tokens on the Slate blockchain, they are forgery-resistant and securely exchangeable on the secondary marketplace.
=> UNDERSTANDING SLATIX
Slatix is a decentralized entertainment ticketing solution that will be designed to slash end-user fees, prevent fraudulent peer-to-peer sales, and become the trusted conduit for payment by Slate for movies, concerts, sporting events, and anywhere tickets are required for entry. Since blockchain technology tracks, shares, stores and verifies information, tickets purchased with Slatix would be impossible to counterfeit. Blockchain technology provides a secure platform for
enterprise to accept Slate digital tokens as payment for tickets, memberships and merchandise. Unlike today’s ticketing platforms, tickets that will be issued on the Slatix blockchain solution are immutable, forgery resistant, and instantly transferable. Slatix will make buying, transferring, and redeeming tickets seamless.
Slate (SLX) Token Pre-Sale
SLX is the cryptocurrency utility protocol that drives the Slate Entertainment Ecosystem. The SLATE blockchain network is the public ledger for SLX and the engine of Slate Entertainment Services. The initial sale of SLX will capitalize the development of the SLATE Network and the Slate Entertainment Ecosystem. The initial sale also distributes SLX to participants in the SLATE Network as service providers, consumers, or both.
The initial sale distributes 48% of the total network supply of SLX coins. The sale is structured so that earlier purchasers get fair bonuses. Receive up to forty-five percent (45%) discount based on pre-sale price of twenty cents ($0.20). The pre-sale bonus starts at 5% for the first ten days, then drops by 1% every ten day period. The intended token sale opens at twenty-seven cents ($0.27), and rises by two cents ($0.02) every four day period, to a peak of thirty-five cents ($0.35).
Roadmap
PHASE ONE: Q1 – 2018
Initial Setup/Testing & R&D
Develop Cross-Platform Client-Side Full Nodes
Prop-Up Wallet Staking Network
Coin Specific Documentation
PHASE TWO: Q2 – 2018
Initial Token Launch
Sign Genesis Block
Issue Coins
Encourage Staking
Basic Masternode Launch
Deploy Testnet
PHASE THREE: Q4 – 2018
Content Delivery Network Test & Launch
Upgrade/fork Masternode Requirements
Finalize Trust Node Setup
Test & Optimize Content Delivery
Spin Up Trust Nodes
DCDN Specific Documentation
PHASE FOUR: Q1 – 2019
Content Upload & Payment Gateways
Develop Portal for Premium Content Creators to Upload Content
Develop Payment Gateway for Consumers
PHASE FIVE: Q2 – 2019
Client Streaming & Web/Mobile/Full Node Apps
Release Version 2 of Full Node Local Client (to include streaming & seeding)
Develop & Release Web Applications
Develop & Release Mobile Applications
PHASE SIX: Q3 – 2019
Main Launch
Launch Binge Premium Content Services to Mass Market on SlateChain
Update/fork for addition of Token Code
Test Tokenization of Ticket Systems
PHASE SEVEN: Q4 – 2019
Extra Features & Services
Develop Payment Gateway for Physical Locations (Cinema etc.)
Launch On-Chain Decentralized Ticketing
PHASE EIGHT: Q3 & Q4 – 2019
Optimizing/Monitoring & Handover
Monitor & Optimize Content Delivery Network
Spin Down Trust Nodes when appropriate
Slate Team
The Slate team consists of talented business, creative, and technical professionals with expertise in multiple facets of entertainment and technology. SEG officers, directors, advisors and agents bring extensive experience in the development of scalable businesses from concept to commercialization; the design and implementation of blockchain technology; the execution of token sales; and the production, acquisition and worldwide distribution of feature films, series and documentaries.
For more information please visit this link below :
https://slate.io/
https://slate.io/Slate_Whitepaper.pdf
https://twitter.com/slatecurrency
https://www.facebook.com/slatecurrency
https://t.me/Slate
author ; Novilesta111
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