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Bond is a decentralized video streaming service and crowdinvesting platform for the Film and Video Industry, based on transparent cryptocurrency economy.
The Problem
In the last two decades, the film and video industry has undergone a revolution. From a strictly centralized ecosystem, in which distribution was limited to cinemas and television and in which only a handful of creators had the means to make content, we have moved to a new world, where anyone can be a creator and where consumers can choose between hundreds of ways to find and watch what they like – from YouTube to Netflix to creators' personal blogs and websites.
This revolution was powered by the emergence of cheaper production tools and online streaming opportunities. Those have, in turn, brought about new consumption models, such as binge-watching for serialised content or following for videoblogs.
What the current ecosystem lacks is a fair and decentralized revenue distribution and financing model for new content.
Just as decades ago, most of the decisions about what should be produced are made by executives and are based on their individual, subjective judgment.
Of course, in our modern age this judgment now takes into account things like Big Data statistics and Smart AI analysis of it, and Amazon even allows subscribers to vote and choose which pilots to take to series. But in order to take the project from script to pilot, even this tech giant relies on old-school, centralized and subjective decision-making.
Films and video projects are financed by big corporate entities, who decide which content to produce, who finances it and who then receives the majority of revenues.
The “BOND” solution
We asked ourselves – What if we take the corporations and executives out of the game and let the audience invest in projects they believe in?
Would it not be a better way to decide which content gets produced? Instead of letting one or two people in suits guess what the market wants, we are allowing the market to make a decision itself!
And instead of letting the big players get the streaming revenues, we split them between Content Creators and Crowd Investors !
Ad-free, subscription-based streaming has become today’s standard for premium content consumption.
BOND will help independent creators live up to this standard.
In the mean time, we ecourage you to visit our website and read our WHITEPAPER.
We also highly recommend reading the recent article form our CEO in our blog on SteemIT.
Please join our Telegram Chat for questions and discussion!
This post will be updated soon...
