Welt der Wunder TV is creating a completely new blockchain-managed license, trading and sales platform for high-quality video content for international broadcasting, video-on-demand (VOD) and online video publishing sectors. The MILC token (MIcro Licensing Coin) is a utility token and payment medium within the platform.
In the future, the MILC platform will offer content owners the opportunity to easily provide their content to a global market with sales of $ 500 billion a year. Also the platform helps purchasers, advertisers and other users gain access to good motion picture material. From day one, customers have access to several thousand high-quality program hours, contributed to the project by Welt der Wunder TV.
There are two major innovations of the MILC platform – via blockchain handled and so automated billing and very secure contracting via smart contracts. This allows customers to conduct transactions directly with the owner or producer of content. This reduces intermediate distribution structures – and thus the price. The platform will also support innovative film projects. The first MILC funded film is already in the making, more projects are in planning.
Information and entertainment unite the world. Millions of hours of quality video content is created every year, yet the current process for licensing and distribution is so archaic that much of it is left collecting dust in storage rooms.
Content creators, buyers, and distributors still operate in offline regional environments making discovery, networking, negotiating deals, and transacting commercials slow and inefficient ordeals that unnecessarily raise costs 30-50%, if not more.
The MILC Project will solve four fundamentally important challenges of the global media industry: Global availability of all Video Content, Discovery process for Buyers, Complex licensing for the entire industry, and Early feedback from its audience.
And for the first time, MILC will build a bridge between the audience and the content creators, buyers, and distributors. This connection will allow the audience to directly impact and receive benefits from the creation & distribution of quality new content.
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2022 Q1-Q4
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