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loaddebitcard
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November 21, 2017, 05:50:08 PM |
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I'm serios. I read about it a week ago here on BT. Her name is Hushnuda Shukurova. Her movie will be called "Detained". It's gona be about 20 min long
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OrcaTech
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November 21, 2017, 05:52:21 PM |
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Yeah, me too. She said that $50k is needed.
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Sundark
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November 21, 2017, 05:54:29 PM |
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$50k - izi goal for ICO, haha  |
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loaddebitcard
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November 21, 2017, 05:56:49 PM |
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Crypto is going further. Now it's in art. Soon it will be everywhere
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OrcaTech
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November 21, 2017, 05:58:35 PM
Last edit: November 21, 2017, 06:31:06 PM by OrcaTech |
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Can't wait. However i don't realy understand how it can be used in art besides investing in production
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ORiN
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November 21, 2017, 06:00:51 PM |
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Well, there can be dozens of ways if smart contracts are used!
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Sundark
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November 21, 2017, 06:03:06 PM |
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How? If the movie wasn't sucessfull the money goes back to its produsers?
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ORiN
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November 21, 2017, 06:06:33 PM |
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Yep. That's one of the ways. There could be more
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OrcaTech
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November 21, 2017, 06:13:45 PM
Last edit: November 21, 2017, 06:30:21 PM by OrcaTech |
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Royalty guarnatee to actors is one the most popular ways I guess. It was even disccused here already
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loaddebitcard
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November 21, 2017, 06:15:07 PM |
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You're right, but can it can be based on the box office results?
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Sundark
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November 21, 2017, 06:17:44 PM |
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You mean that if a movie didn't make a plan in first weekend for example somebody won't get money?
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ORiN
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November 21, 2017, 06:21:44 PM |
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As i know in movie industry all royalties to actors are prepaid and movie theaters simply buy lisense to show a particular movie. so, a better example is the music industry. it's more appliccable
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OrcaTech
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November 21, 2017, 06:23:07 PM |
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Royalty in iTunes?
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ORiN
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November 21, 2017, 06:26:14 PM |
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itunes as well as streaming services. it'd convinient to record labels to know whose songs are listened more. it's fairier than paying to artist 30% (as i heard) like Apple does.
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OrcaTech
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November 21, 2017, 06:29:11 PM |
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Gotcha! Smart contract that is based on how many times the song is played. I'm sure streaming servises easily can get that statisics.
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loaddebitcard
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November 21, 2017, 06:32:50 PM |
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That's very cool I think. If it's gonna work with streamming why it won't work with online teathers?
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Sundark
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November 21, 2017, 06:35:48 PM |
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Good question. Companies like Netflix and Amazon Prime can integrate smart contracts with no problem, i think
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OrcaTech
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November 21, 2017, 06:38:03 PM |
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Hmm, yeah, they have basiccaly the same royality model like Apple Music, Spotify and others, except that they also have their own TV shows
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ORiN
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November 21, 2017, 06:42:20 PM |
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That makes no diferrence. What it makes is the great opportunity for record labels and other production teams get royalities based on the popularity of songs and movies.
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loaddebitcard
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November 21, 2017, 06:44:03 PM |
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Yeah, it's a huge market that needs financial gurantees for all parties. smart contracts suite this area perfectly!
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