Introducing Storichain,
Storichain is a world venture that presents a partly decentralized dApp and a shared protocol for the story enterprise to resolve the issues of the story enterprise via blockchain characteristics. The term ‘Story Industry’ refers to the industry which makes use of ‘stories’ as a source of their products and includes areas such as movies, dramas, internet novels, net dramas, plays, musicals, and radio dramas.
Storichain can be viewed as a digital historical asset administration machine that permits people to make on line transactions even with unreliable people by coming into into “agreements to prevent theft of ideas”. Another problem in industry is the problem of income sharing. For example, the webtoon industry, which is one of the largest plot-based industries in Korea, has exceeded $ 700 million in market size, however there are still many who doubt the structure of income sharing in the industry, as properly as in many materials. Content creators nevertheless have situation getting ample compensation for their work.
The manageable with the blockchain
Compared to existing technologies, the doable of blockchain-based systems relies on the capacity to document and distribute a single, immutable model of the truth to a couple of parties. This is specially beneficial to improve the efficiency and effectiveness of an industry’s fee chain.
In most business-to-business transacting, companies spend much of their money, time, and effort making certain that the data despatched from another firm is legitimate, and that it precisely displays the data and records of transactions and arrangements between them. What if all corporations in a fee chain had the same version of the information and contractual arrangements, and they all knew that the others are searching at the identical version, together with updates? In such a obvious commercial enterprise environment, the center of attention can flip to doing commercial enterprise and including value, as an alternative than on verification of statistics and contract of transactions.
Key facets of Storichain
- Optimized - optimized for authors - this is collaboration / joint recording / contract between authors, weekly rewards and APIs for third-party content providers.
- Ease of use - anytime, somewhere you prefer to inform a story. Simple and quick writing platform.
- Relevant Partner - Writer Matching / Cooperation Agreements / Job Statistics / Update Notifications / Create Detailed Comment
- Participation - in a platform for readers to take part in the work, to come to be a writer himself, to create stories and take part in them
- Transparent - a platform that encourages members to absolutely and transparently based totally on their input.
- Global Platform - A platform that can be translated, bought or even copyrighted for international expansion.
Monetization
We live in a narrative world with dozens of testimonies a day. Webtoons, internet novels, drama, movies, musicals, etc. Sometimes I supply advice about the story through addition. The writer positive factors the energy of his empathy, expresses gratitude, and considers the proposal. Communication between writers and readers has become an important foundation for the introduction of the online age. We attempt to create a greater fair and secure contract that creates asset fee via communication between the artist and the reader.
I think the hassle of distributing extra income the day past and today, but the following day will not show up again. Now it is indispensable to distribute and distribute pretty to the authors who created the story of the beginning of the media additive industry. In the future, it reaches one hundred thirty trillion won. On the other hand, dependable series of dependable quantitative information is very tough and can be used as a basis for distribution. Distributed Ledger Technology (DLT) permits you to more accurately measure “creative contribution data” The time has come to offer rewards. And if you can turn your story IP (intellectual property) into an asset, collect money from story IP, and tune key contributory statistics from creation, then it will be a completely new way of life in two creative areas.
Use Case
For the Storyteller/Content Creator
Acting like a social media for animators and illustrators, one ought to upload snap shots about daily lives (animator) and the different one may want to make a story using that photographs (illustrator) all in one platform. After that, earnings could be break up equally the usage of the storichain smart-contract.
For the Readers
Storichain is a platform the place readers should react using reaction buttons as an engagement and get rewarded by way of doing over time. This technique will increase neighborhood engagement which tends to be a healthier, livelier platform. They could additionally buy their reward tokens for purchasable contents.
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CONCLUSION
It is undeniably a splendid undertaking with the best use case, aiding, mainly those on the ‘Story Industry’ lucrative both events and making positive that each story written is worthy. The ‘Story Industry’ is what makes an entertainment an amusement and Storichain is assisting all the issues on it and beyond.
Team
unes Lee Co-Founder & CEO
Jung Yoon-cheol> CCO (Film Diriector)
Choi Jin-young> CTO
Kim Sang Wook> CSO (Developer)
Han Sang Hoon (copyright, media and intellectual property)
Choi Mi-ki> CBO (Business Operator)
James Lee> Chief Engineer (co-founder)
Yang Tae Suk> Accountant
Effy Song> Communication Director
Kim Chang-gyu> SF Novel Writer
Kcod Kyung> Developer
Hong Ye Choi
Jeong Hoon> Business Strategy
Park Sang-joon> Content Strategy Maker
Advisor
Lee Chang-ho> Movie director
Lee Myung Sung> Consultant
Park, Sung Jun> Dongguk University Cryptology Center, Block Cranes Research Center
Kim Jong-yoon> Movie producer
Jung Hee-won> CEO AnySign Lawyer
Dong Hyun> Block Chain Expert
Shakil Muhammad> Block Chain Expert
For more information about Storichain kindly visit these links below:
Website : https://storichain.io/
Whitepaper : https://drive.google.com/drive/folders/1s902dyb4msuSu4dcg-9tlqE8vVcxC2Kb
Twitter : https://twitter.com/storichain
Facebook : https://www.facebook.com/storichain
Medium : https://medium.com/storichain
Author: duxtonpay
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