[ REVIEW ICO | EN ] 🌐 🌐 🌐 Slate ICO - Entertainment Utility Pro...

What Is Slate?

The main goal of Slate is to provide “unrestricted global entertainment access” by using the blockchain technology powered by a cryptographically secure network. Slate is an entertainment utility protocol which will launch its own cryptocurrency soon.

The company intends to offer a decentralized platform for people who want videos with low costs, high speed and high definition while it also helps in live event ticketing. By using the Slate protocol, creators, distributors and producers will have a fair and transparent compensation for their services.

With the slate.io platform becoming fully operational, consumers will be able to spend ‘SLX,’ which is the acronym for the slate cryptocurrency. The use of SLX will allow consumers to invest in some of the best entertainment the world as a whole has to offer. Making use of Slate platform will enable transparent and fair compensation between producers, creators, and distributors. The process will ensure that creators are fairly compensated while consumers are provided with top quality entertainment.
Slate tickets that will be sold will be designed to be highly resistant to forgery, which will completely eradicate fraud in the process. As for service providers, they will have the ability to earn more by storing and delivering more content, provided they are holding SLX.

What Is Binge?

Binge is a Blockchain Video on Demand (BVOD) and it will be a premium decentralized streaming platform. It will facilitate streaming from any media with transparent analytics that will help companies to understand the behavior of their clients better.

The platform will provide real-time revenue sharing between all the involved in the process of creating the videos that will be streamed on the platform.

What Is Slatix?

Slatix will be a marketplace to buy tickets for movies, concerts, shows, museums, sports events, etc, that will be powered by the Slate network. You can also use for entertainment discovery when you are bored and you need to find something new to do to pass the time.

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.

HOW IT IS PROTOCOL?

The Slate protocol is an open-source codebase that builds upon the developments of DASH, PIVX, and LBRY. SlateChain makes three key adaptations to these established protocols that collectively will optimize Slate for both blockchain based streaming service and ticketing functionality.

SlateChain is a Proof of Stake (PoS) system, not a Proof of Work (PoW) system, thereby reducing the environmental impact, and opening up the possibility of strategically-aligned incentives for network participation. An incentivized second layer network of “Service Nodes” maintains network storage of on-demand media so that it is ready for reliable streaming.

Service Node operators must invest in the Slate network and maintain reliable service in order to earn network rewards (Proof of Service). A pre-determined number of Slate tokens must be owned and committed to the network as temporary collateral during a term of service.

In exchange for contributing to reliable and efficient processing, storage, and content delivery by the Slate network, Service Node operators will be rewarded with more Slate.

TOKEN SALE

Token – SLX
PreICO price 1 SLX = 0.02 USD
Price 1 SLX = 0.03 USD
Total supply – 9,500,000,000 SLX
Minimum investment zero.01 USD
Soft cap 20,000,000 USD
Hard cap 125,000,000 USD
Accepting ETH, BTC, LTC, BCH, DASH, XRP, NEO, XMR

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