The media industry has a good potential for growth, which is not fully realized today. The main reason experts call difficulties in obtaining licenses and barriers between creators and consumers of content. The transfer of content for temporary or permanent use, registration of copyright-all this takes time, requires the involvement of lawyers, the conclusion of specific contracts, etc.
Company Welt-der-Wunder offers a solution which can cure many problems in the media industry. They are developing a new platform on the blockchain MILC (Micro Licensing Coin), which will be used to distribute video content, designed to facilitate and ensure transparent licensing.
The essence of the project MILC
The company Welt-der-Wunder is a serious player in the field of television networks, so knows the main problems of the modern media market. To solve them, a new generation platform is being developed, which in the near future may become a standard setting new rules for the distribution and exchange of video content.
The main task of the platform is to unite creators and consumers of video directly, excluding intermediaries. This will remove manipulation and reduce the cost of the material. MILC will also provide transparent conditions for interaction between the parties. The use of blockchain technology and smart contracts guarantees the security and integrity of the transaction. A smart contract ensures payment by the buyer after the seller fulfills the terms of the transaction. If the conditions are not met, the money will not be transferred to the seller.
Many experts note that such a platform today is as relevant as possible. The use of blockchain and the experience of the development team allows us to say that MILC is doomed to success and has great potential. It will connect the creators and consumers of video from all over the world, blurring the boundaries, will reduce the cost of buying video and the risks associated with such a transaction. It is planned that in the near future the platform will become the main interface in the media industry, where everyone can easily license their material, sell it or buy it at will.
The advantages of the platform
Platform MILC has a number of advantages for buyers and sellers of content that distinguish it from other projects:
- Content providers will have easy access to the global marketplace. This is especially true for beginners, ordinary talented people, small and little-known companies, which today enter the market and sell your product hard enough. It is also worth noting the absence of intermediaries and additional fees, which significantly reduces the cost of selling content.
- Content buyers will receive a platform where the material will be presented for every taste. They will be able to buy video content directly from the author, place personal orders, they will be able to choose from a huge number of offers from around the world.
And most importantly-the platform provides transparent terms of the transaction, guarantees security, this also applies to the licensing of materials. Here everyone will get equal conditions for work, both large media companies and talented authors-beginners, and the growth of competition will certainly go into improving the quality of video materials.
Who is working on the project?
As already mentioned, drafting, experienced professionals media giant Welt der Wunde who have extensive experience and untarnished reputation in the market.
Key figure:
- Hendrik a-managing Director and founder.
- Eugene Nussbaum-responsible for corporate development, chief producer.
- Manuel Mariadassou - chief engineer.
- Esther Hey – head of the sales Department.
In addition, the project employs specialists in the technical field, television editors, Internet editors, developers and other specialists. Also, experienced advisors in the field of media, ICO, blockchain are involved in the work.
ICO project
Calculations within the platform will be carried out using internal MILC tokens developed on the basis of Ethereum. The ICO launch scheduled for September 1, 2018, it will last until October 31, 2018.
Rate token of 0.0002 ETH to Purchase tokens MILC using the ETH cryptocurrency, BTC, FIAT
Minimum investment – 200 MILC
Conclusion:
A large European media company is working on the creation of the MILC platform, which means that the project will be implemented and will be supported by Welt der Wunde and its partners. At the moment, the platform is under development, in the near future the ICO should start, which will show interest in the project. But he already has new partners today, whom the creators attract outside the ICO. Many are ready to become an investor of the new project, given that the potential of the media market has already exceeded $ 500 billion. But the launch of the platform is planned next year. Therefore, a more accurate assessment of the project can be given after the completion of the preliminary placement of tokens.
Details of the project can be found below:
Whitepaper: https://welt-der-wunder.s3.eu-central-1.amazonaws.com/ico/pdfs/ICO_WhitePaper_WdW_EN.pdf?cache=7
Twitter: https://twitter.com/MicroLicCoin
Facebook: https://www.facebook.com/MILC-180984935788482/
Telegram: https://t.me/wdw_milc_en
Website: https://www.milc.global/
ANN Thread: https://bitcointalk.org/index.php?topic=2432428.0
My Profile link: https://bitcointalk.org/index.php?action=profile;u=1762630
My Bitcointalk Username: Anzor999
Thank you Anzor for writing this great article! It looks promising!
Look forward to seeing the product and progress of the project.
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It's great article! Thanks a lot for sharing!
The project interested me, I will observe the fees.
what kind of crypto currency do they take as an investment?
it is a nice one, not so many projects related to the media, I think they're not many competitors, so, good luck