Slate ICO details
Start Date: 2018-5-11
End date: 2018-5-31
Slate – Unrestricted Global Entertainment Access
SEG’s mission is to disrupt the entertainment industry using a blend of technology and integrity. SEG seeks to demonstrate how a for-profit business operating with corporate conscience can achieve greater rewards for every person connected to the Slate Ecosystem. SEG expects that the result will be an enriched experience for consumers and creators. To accomplish this, SEG plans to introduce BINGE, a blockchain video on demand platform; SLATIX, an electronic ticketing application; and SLATE, a digital utility token. To facilitate the functionality of the token and platforms, SEG’s plan is to design and build SlateChain – a blockchain media delivery and storage protocol that can be shared by small and medium enterprise for years to come.
SLATE (SLX) intends to be the digital currency of the entertainment economy, providing access to premium entertainment. Built on blockchain technology, its distributed, immutable ledger enables secure, trustless payments and structured incentives. It will be used as payment for Binge subscriptions, transactional purchases, and tickets to all events offered through Slatix.
BINGE aims to be the first decentralized streaming platform to utilize the power of distributed ledger technology through the introduction of Blockchain Video on Demand (BVOD). For the Binge streaming media platform, blockchain technology will facilitate the transparent sharing of behavioural analytics designed to understand what consumers like and why. The Binge model of complete transparency aims to be an entertainment industry-first. The platform’s objective is to ensure equitable sharing of not only the economic waterfall between content provider and creator, but of valuable data that will help creators produce better content.
SLATIX is designed to be a feature-rich electronic ticketing application offering unique rewards, incentives, and providing mobile devices unparalleled access to all things entertainment. Among the proposed benefits are near-zero fees, meaningful discounts, legitimate reviews, and verified ‘counterfeit-proof’ tickets for purchases to activities such as movies, concerts, plays, sports events and anywhere tickets are required for entry.
SEG intends to develop an innovative content delivery model through the introduction of the Slate token. The objective of the Slate token is to become the trusted currency of the entertainment economy. The objective of the Slate Ecosystem is to create a reputable and equitable entertainment industry. Binge and Slatix expect to compete with services such as Netflix, Hulu, Amazon Prime, Ticketmaster and StubHub, but with complete transparency, integrity and at a fraction of the price to consumers.
SHORT-TERM TECHNICAL GOALS
Create an economically sound cryptocurrency that is optimized to enhance the delivery of premium content to consumers
Create an incentivized peer-to-peer content delivery network for the delivery of premium content to consumers
Create a payment gateway that will allow consumers to pay for and access Premium Content via WebRTC with SLATE tokens
Create a payment gateway that will allow consumers to purchase tickets to events with SLATE tokens
Implement a block reward structure that ensures incentivization for the creation of independent Masternodes that host and distribute content
Implement load balancing and traffic routing protocols that securely optimize the delivery of streamed content to consumers, as well as minimizing the cost to node operators