Crowdfunding blockchain platform for multimedia content

Review for SmartChain Media ICO

Idea & Token

SmartChain Media is creating a crowdfunding blockchain platform called iProdoos for the entertainment industry. iProdoos merges crowdfunding, social media, and premium content, such as TV, film, documentary and other forms of online content. Later they are going to add video games, music and other entertainment-related features to the list. What is remarkable, the platform will allow users to generate revenue from the projects they fund and support.
Some other platform features:
– Interaction between fans and content creators
– Higher revenue for content producers and lower prices for users
– All original content
– No licensing fees for worldwide distribution
– No ads or commercials
– Content available from any device with an Internet connection
iProdoos is aiming to become the leading entertainment platform in the world and to establish lots of partnerships with key global influencers, producers, writers, actors, directors, video game developers, health and exercise experts, reality show gurus, etc. The platform release is scheduled for Q4 2018.
Their ERC-20 token called MEDIA will be used to access the platform. Users will use MEDIA to fund their favorite content and vote for new concepts, as well as be rewarded depending on the success of the projects they fund. A total token supply is 500 million. The distribution is as follows: 35% – sale, 18% – team, 13% – gamification rewards, 11% – advisors and bounty, 10% – reserve, 7% – airdrop, 6% – endorsements.

Team

Blockchain technology, entertainment, social media, gaming, influencer marketing, finance, start-ups, and business development – the list of spheres in which the team has first-class specialists is really impressive. The project CEO Alex Riggs-Miller has over 23 years of experience in IT consulting, business management and business consulting in such companies as Citrix Systems, Microsoft, Apple, Google, Cisco, Hewlett Packard, Goldman Sachs and John Hancock Financial. At the same time the team consists of only 4 members, but has an impressive advisory team of 18 specialists.

Summary

Although the entertainment industry is full of players, SmartChain Media has an excellent business model including the user engagement feature, more than experienced team, an impressive advisory team, partnerships, and an MVP. One small challenge we’d name is the mass adoption process which is quite unpredictable. So, if the platform release goes smoothly this year, SmartChain Media has all the chances to become one of the ICO project leaders of 2018.

An ambitious project ready to disrupt the entertainment industry with the iProdoos platform for a variety of multimedia content and engaging users to fund into the content they like and be rewarded for it.

Average rates for the project

4.5 / 5
Rating
5
Team
5
Vision
4
Product
4
Hype
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4.5 / 5
Rating
5
Team
5
Vision
4
Product
4
Hype
-
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GitHub activity

SmartChain Media ICO datesexport to calend


Whitelist
12.11.2018
12.11.2018
KYC
12.11.2018
12.11.2018
PreICO
12.11.2018
12.11.2018
PreSALE
12.11.2018
12.11.2018
ICO
12.11.2018
12.11.2018
12.11.2018
12.11.2018
12.11.2018

Funding

Token
MEDIA
Hard cap
$25 million
Price on ICO, usd
$0.145

About SmartChain Media

SmartChain Media is an interactive media company that aims to revolutionize the entertainment industry by leveraging innovative blockchain technology. With the entertainment industry currently at a crossroads, we intend to tip the scales and usher in a new
era of content production and consumption by offering premium, crowdfunded streaming content, as well as unprecedented levels of engagement between viewers and creators, all on our cutting-edge Web 3.0 platform.

With SmartChain Media, we intend to disrupt the entertainment industry by inviting both fans and content creators to take an active role in what is the most fundamental shift in industry since cable and satellite TV entered the mainstream. Our web platform and mobile app is called iProdoos, which will represent the evolution of entertainment, crowdfunding, and streaming content based on Web 3.0 blockchain technology. With use of the blockchain, we are building a tokenized ecosystem where users can fund the development of the content they love and the ideas they want to see brought to life. Users will be able to earn our proprietary MediaCoins, based on the success of the projects they support, which can be used within our platform or exchanged for fiat. We will also cut out middlemen from all transactions and interactions between fans and creators, facilitating a truly fan-driven, organic environment that does not require advertising budgets or Hollywood relationships in order for creators to get their work seen and funded.

iProdoos is poised to become an integral player in the transition from traditional TV and cable services to online streaming services and beyond. Our goal is to create a healthier, more sustainable entertainment industry where consumers are getting the content they want, and
producers can find their audience and maintain creative control over their work, all powered by the blockchain.