The live price of MovieBloc (MBL) today is 0.003365 USD, and with the current circulating supply of MovieBloc at 18,121,887,214 MBL, its market capitalization stands at 60,984,694 USD. In the last 24 hours MBL price has moved 0.000086 USD or 0.03% while 6,967,397 USD worth of MBL has been traded on various
exchanges. The current valuation of MBL puts it at #573 in cryptocurrency rankings based on market capitalization.
Learn more about the MovieBloc blockchain network and how it works or follow the price of its native cryptocurrency MBL and the broader market with our unique COIN360 cryptocurrency heatmap.
Introduction
MovieBloc (MBL) is a decentralized movie and content distribution platform that aims to revolutionize the film industry using blockchain technology. By leveraging the power of blockchain, MovieBloc aims to solve long-standing problems in the industry, such as revenue sharing, audience data transparency, and equal screening opportunities for creators. Unlike other film-related ICO projects, MovieBloc goes beyond being just a content platform and creates an entire ecosystem that connects all participants in the film distribution process.
Technology & Mechanism
Consensus Mechanism
MovieBloc utilizes a consensus mechanism that ensures the integrity and security of the platform. The specific consensus mechanism used by MovieBloc is not mentioned in the provided information.
Blockchain Technology
MovieBloc operates on a blockchain, although the specific blockchain platform is not mentioned. The use of blockchain technology provides several advantages, including transparency, immutability, and security. It allows for the secure and efficient distribution of films and content while ensuring fair revenue sharing and data privacy.
Key Features
Scalability
MovieBloc aims to address the scalability challenges faced by traditional film distribution platforms. By leveraging blockchain technology, MovieBloc can handle a large volume of transactions and accommodate a growing user base without compromising performance.
Security
Security is a top priority for MovieBloc. The use of blockchain technology ensures that transactions and data are encrypted and stored securely. This protects the intellectual property rights of creators and provides a safe environment for users to access and enjoy films.
Privacy
MovieBloc respects the privacy of its users. The platform ensures that personal data is securely stored and only shared with the explicit consent of the users. By leveraging blockchain's decentralized nature, MovieBloc reduces the risk of data breaches and unauthorized access.
Decentralization
MovieBloc aims to disrupt the centralized distribution infrastructure prevalent in the film industry. By decentralizing the distribution process, MovieBloc provides a fair revenue share to creators and eliminates the need for intermediaries. This empowers creators and ensures that they receive their rightful earnings.
Development Team & Governance
The development team behind MovieBloc is not mentioned in the provided information. Additionally, the governance model of the project is not specified.
Use Cases & Potential Impact
MovieBloc has the potential to revolutionize the film industry by providing a transparent and fair platform for creators and viewers. It aims to aggregate quality films and provide exposure for creators who may otherwise struggle to find distribution opportunities. By eliminating intermediaries and providing direct access to viewers, MovieBloc empowers creators and ensures that they receive a fair share of the revenue. This has the potential to disrupt the traditional film distribution model and provide a wider selection of films to audiences worldwide.
Purchase & Storage
How to Buy
MovieBloc (MBL) can be purchased on various cryptocurrency exchanges. The specific exchanges where MBL is listed are not mentioned in the provided information. Users can acquire MBL tokens by following the instructions provided by the exchanges.
Wallets & Storage
To securely store MBL tokens, users can utilize compatible cryptocurrency wallets. The recommended wallets for storing MBL tokens are not mentioned in the provided information. It is important for users to choose wallets that prioritize security and offer compatibility with MBL tokens.
Partnerships & Collaborations
MovieBloc has formed a strategic partnership with KMPlayer, a popular multimedia player with over 300 million users worldwide. This collaboration allows MovieBloc to deliver films to a global audience through KMPlayer's extensive user base. The partnership with KMPlayer reduces marketing costs and enables creators to directly reach consumers worldwide.
Roadmap
The future plans of MovieBloc include expanding partnerships, enhancing the platform's features, and creating the biggest and most participant-centric film ecosystem. The specific details and timeline of these plans are not mentioned in the provided information.
Risks & Challenges
MovieBloc faces several challenges in its mission to disrupt the film industry. Limited funding opportunities for independent films and the difficulty of finding distributors in each country are potential hurdles that MovieBloc aims to overcome. Additionally, storing large amounts of data on the blockchain can be a technical challenge that requires innovative solutions.
Community & Regulatory Compliance
Community
MovieBloc has a growing community of supporters and participants who believe in the project's vision. The community plays a vital role in the success of MovieBloc by providing feedback, spreading awareness, and contributing to the ecosystem.
Regulatory Compliance
The regulatory compliance of MovieBloc is not mentioned in the provided information. It is important for MovieBloc to adhere to relevant legal and regulatory requirements to ensure the long-term sustainability and legitimacy of the project.
In conclusion, MovieBloc aims to revolutionize the film industry by leveraging blockchain technology to provide transparent revenue sharing, audience data, and equal screening opportunities for creators. By creating an ecosystem that connects all participants in the film distribution process, MovieBloc disrupts the centralized distribution infrastructure and empowers creators. With its strategic partnership with KMPlayer and future plans for expansion, MovieBloc has the potential to provide a wider selection of films to audiences worldwide and create a participant-centric film ecosystem.