It’s should be noted that the demand for streaming industry has been hit with dwindling revenues and practically zero profit. An average streaming services lose about $1.5billion every year. Content creators also on these platforms are usually not compensated fairly. This requires a functional solution which will benefit all actors in the digital content distribution and monetization ecosystem.
It should also be noted that for a long time now, application developers and content creators factually gain little or nothing from creating content and developing application for users and in the case where they does it’s close to been nothing having anything. Application developers and content creators uses the ad model as a means of monetizing their content. Users are given free access to content in exchange for viewing ads. These ads are interruptive in nature and impact negatively on overall user experience. Despite the poor experience users are still limited to how much they can access in an ad model scenario.
They (application developers and content creators) also uses the subscription model to monetize their content by charging users fee on a pay as you use or monthly basis. However, the expectations of this generation has changed, users now want things for free and any option that comes as such will be preferred by the user. Thus the subscription model is not bringing in the required revenue to make the provider profitable
To solve all the problem identified above the sleekplay platform combines the amount of time a typical users spends on their devices, the computational power of these devices and the power of blockchain computing to deliver a monetization model that is beneficial to the users, content creators and providers
The sleekplay also comes up with a platform that will give application developers a new way to monetize contents and offer users incentives for contributing the computational power of their devices. Users can now enjoy premium access, quality experience and unlimited content at virtually no cost whilst application developers generate revenue from the value of their user-driven contributions.
The sleekplay is a content monetization platform that reinvest the way digital content driven applications are consumed, distributed and monetized. The sleekplay also serve as a new cryptocurrency and blockchain powered platform for long session applications that incentivizes users with rewards for contributing device computing power and creates a new stream of income for application developers. Long-session applications that engage users for many hours at a time, are prime beneficiaries of the sleekplay blockchain platform.
THE SLEEK REVENUE MODEL
Unlike the traditional model that generates revenue at the expenses of the users and brand equity, the sleekplay platform leverages on the need for compromise on quality while also generating adequate revenue for developers or providers to remain profitable.
The goal system adopted by sleekplay is to encourage users spend more time on applications, consuming content that are beneficial to both the service providers and content creators. The platform see content monetization user-centric and user friendly. They believe that users are an integral part of the online content ecosystem and this calls for the creation of a platform that enables rewards for engagement.
THE ICO
The sleekplay ICO is divided into two stages that is the pre-ICO and the main ICO. The pre-ICO is also divided into two stages with the first being the unique private round and commerce on 1st of April while the second stage of the pre-ICO began on 14th May, 2018
Then we have the main ICO which will be announced in June, the details is enclosed in the picture below
ROADMAP
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