Nollycoin

Nollycoin

Created using Figma
Created using Figma
Nollycoin powers a Peer-To-Peer content sharing System for the Movie industry. Nollycoin allows movie producers and their collaborators to license their content as a “coded contract” directly to a decentralized database called a “blockchain”. These contracts automate the collection and distribution of royalty payments and remain in the control of the movie producers and creative artists themselves.
one month
Apr 1, 2018
Apr 30, 2018
100% completed
Raised funds - no Data
Goal 1 USD
past
Token Details
Ticker
NOLLY
Accepted Currencies
ETH
Additional Details
Platform
Ethereum
KYC
Yes
Company Details
Registered Country
USA

About Nollycoin

The Blockchain That Rewards Entertainers
 
The Nollytainment project is a new and revolutionary Peer-To-Peer creative works sharing and registry System for the Movie industry in the 3rd world countries, particularly Africa. The Nollytainment ecosystem will center on a decentralized ledger system for the publication and distribution of Movies, with Nollycoin as the central means of exchange.

...and ensure
 
SMART TRANSACTIONS
Nollycoin allows movie producers and their creative works collaborators to license their content as a “coded contract” directly to a decentralized database called a “blockchain”. These contracts automate the collection and distribution of royalty payments and remain in the control of the movie producers and creative artists themselves.

CONSUMER SATISFACTION

Consumers can access a global catalog of movies stored on a peer-to-peer network and pay owners directly using digital currency, based on their usages. Ease-of-use tools can be designed to allow a seamless experience for both movie owners and consumers, and an open protocol will allow third-parties to build a rich Nollycoin ecosystem of value-added software and services.

 
 

Features

By providing a distributed and highly transparent platform that connects creative artistes in the production of movies (i.e. Movie Producers, Directors, Cameramen and Other Creative Works artistes) with Consumers of Movies directly, Nollytainment, through its Nollycoin, lays the groundwork for a new age in the Movie Industry in Africa and 3rd world countries in a way that is sustainable, borderless, and fair to all stakeholders

 

Some of the unique solutions that Nollycoin Project brings to the movie industry include:

  • Provide A Peer to Peer Content Distribution Platform that provides direct micro-payments to content owners
  • Provide Copyright piracy protection through a decentralized ledger system
  • Provide Multi-Level World Wide distribution to justify financial investment
  • Enable Fair Compensation for collaborators in creating the movies
  • Provide Universal means of exchange for Nollywood and 3rd world movies that eliminates forex payment problems and limitations.

• Provide top Financial Backing for some of the best Producers in 3rd world countries to produce quality international films for enjoyment of our ecosystem and global group of African movie lovers

Technical Info

HOW THE NOLLYCOIN POWERED NOLLYTV PLATFORM WORKS

  • Producers and Content Owners register and load their content on the NOLLYTV.NET blockchain ledger powered portal
  • The Owner or Producer executes a smart Contract that stipulates the different rights and compensation percentages of fixed payments for different key collaborators on each sale of the content before the content is available for worldwide consumption
  • Content (movies etc) is then publicly published on NOLLYTV for consumers to buy and consume with Nollycoin as the means of exchange.
  • Users make payments through the portal wallet for content of their choice using NOLYCOIN (which can be purchased by fiat money or other currencies available on the platform exchange for those who do not have Nollycoin)
  • The Decentralized Ledger automatically records and authenticates the transactions from each sale to all beneficiaries based on the smart contract
  • All Transactions are then added into encrypted blocks and officially added to the blockchain in a permanent form and reviewable by all parties with no one being able to edit, delete or amend the permanent record.
  • The micro payments are automatically credited to the portal wallet of different beneficiaries based on the published smart contract for that content
  • Beneficiaries can now withdraw their money from their Wallets at any time in Nollycoin which they can keep for the value, or convert to fiat money or other cryptos on the Nollytainment exchange or other public exchanges where Nollycoin is traded.

Roadmap

  • Oct, 2017

  • Idea Generation.
  • Nov-Dec, 2017

  • Concept Development.
  • Feb 10th, 2018

  • White Paper Publication.
  • Feb 20th, 2018

  • Nollycoin Wallet.
  • Read More
  • Feb 25th, 2018

  • Release of MVP Mockup.
  • Apr1- May30th, 2018

  • Initial Coin Offering.
  • June1, 2018

  • Nollycoin Public Launch.
  • July1,2018

  • Listing of Nollycoin on Public Trading Exchanges.Launching of Nollycoin Trading Platform [Nollytopia.Com).
  • Aug1,2018

  • Commission of First 10 Exclusive Movies and TV Series for The Nollytainment Movie Platform.
  • Apr–Dec, 2018

  • Nollycoin Acceptance Partner Expansion Campaign.
  • Dec1, 2018

  • Official Launching NollyTV Blockchain Movie Sharing Platform with some great movies.
  • Dec, 2018

  • Launching Of Nollycoin Mobile NOLLYTAINMENT.
  • Dec25, 2018

  • Theater Release of 1st Nollycoin Powered Original Movie In Theaters.

Activity

Status:
Member
MEDIUM
Activity:
266
HIGH
Merit:
20
LOW
Posts:
4 349
VERY HIGH
Views:
21 258
VERY HIGH
Users:
848
VERY HIGH
Posts:
54
LOW
Followers:
4 769
MEDIUM
Likes:
4 501
MEDIUM
Rating:
4.90
VERY HIGH
Reviews:
54
MEDIUM
Followers:
5 001
HIGH
Tweets:
225
MEDIUM
Members:
4 599
MEDIUM
Alexa
Rank:
7 861 449
VERY LOW
Delta:
6 575 624

Participation in events

Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Last News

N/A

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