We aim to develop a decentralized platform leveraging blockchain technology and Web3 for managing film rights and royalties. Our project seeks to streamline the rights management process, enhance transparency, and ensure fair distribution of royalties using smart contracts.
Independent filmmakers, production studios, film investors, and rights management companies in the Film & Television industry.
Managing film rights and distributing royalties in the Film & Television industry is a complex, fragmented process laden with inefficiencies and risks of revenue loss. An effective solution is critical to ensure transparency and fairness.
The industry is increasingly pressured by the need for transparency and efficiency, as well as the competitive advantage of adopting innovative technologies like blockchain for cost savings and enhanced revenue management.
Failure to address these inefficiencies could result in ongoing revenue losses, increased legal disputes, and a competitive disadvantage in an industry moving towards digital transformation.
Current alternatives include traditional legal frameworks and centralized platforms, which often lack transparency and involve higher transactional costs. Blockchain offers a decentralized, cost-effective alternative.
Our platform provides a unique blend of blockchain transparency and automation, significantly reducing intermediaries while ensuring secure and verifiable rights management. The integration of social tokens offers a novel revenue stream.
We will target industry professionals through direct outreach, industry events, and partnerships with film organizations. Online marketing campaigns will focus on highlighting the benefits of blockchain in film rights management.