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cryptoland
Is Blockchain the Future of the Entertainment Industry?
The global entertainment industry is worth billions of dollars and growing at a faster pace than ever. Millions of people consume content online on YouTube, Netflix, Twitter, Facebook Shorts and a range of other media platforms and websites, though they rarely get incentivised for watching videos or consuming other content online. Similarly, content creators have limited ways to monetize their content or get paid unfairly as there is a huge platform commission and other charges involved. Blockchain technology can help solve these and many other problems of the traditional entertainment industry. Problems in the entertainment industry While it’s fun to watch videos online and listen to music, you as a consumer are not actually getting any real incentives for spending hours of your time watching/listening on these online platforms. While these online media platforms continue to make millions out of the content created by someone else, the actual creators and consumers get very little out of the profits. Moreover, there is a huge lack of transparency in how these online entertainment platforms operate and pay the actual creators. The biggest problem is that content creators are still being paid with old methods and get a very small portion of the total profits that the platform makes. Even though the online entertainment space has evolved a lot in the past years, content creators are still left behind in terms of monetization methods and capabilities. Another problem with conventional entertainment platforms is that they pay little attention and zero incentives to the community, i.e. the actual consumers who are a crucial part of the monetization process. Blockchain as a solution for the entertainment industry problems Blockchain technology can help bring transparency to monetization in the entertainment industry and help ensure that creators are rewarded fairly for their creative contributions. Aboat Entertainment is the latest example of how blockchain technology can revolutionise online entertainment and provide more ways for both creators and consumers to monetize their media content/activities. The community-driven entertainment ecosystem uses crypto (and blockchain technology) to reward content consumers for their activities (consumer to earn) while giving creators a fair and transparent way to monetize their work. For one, Aboat Entertainment will provide a unique, engagement-based rewards system with the provisions to reward content creators and the community equally for their activities. Not only the creators who create content but consumers are also rewarded in the Aboat ecosystem. The platform uses crypto tokens to reward creators and consumers. Creators in the Aboat Entertainment ecosystem can also launch their own NFTs by tokenizing their unique content to sell them to consumers directly all over the world. $ABOAT token, which is the native token of the Aboat ecosystem, will provide access to multiple utilities based on the concept of consume-to-earn, from in-game economy and subscriptions to access to exclusive events, governance, advertisement, and the marketplace. More avenues give the community more ways to use the token and earn rewards and profits from it. Moreover, the use of blockchain-based tokens for payment of entertainment services will ensure complete transparency and security in payments. By enabling a more promising and fair way for content creators to monetize their content and consumers to monetize their media activities, the blockchain-based Aboat ecosystem can truly revolutionise the future of the entertainment industry.
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cryptoland
Is Blockchain the Future of the Entertainment Industry?
The global entertainment industry is worth billions of dollars and growing at a faster pace than ever. Millions of people consume content online on YouTube, Netflix, Twitter, Facebook Shorts and a range of other media platforms and websites, though they rarely get incentivised for watching videos or consuming other content online. Similarly, content creators have limited ways to monetize their content or get paid unfairly as there is a huge platform commission and other charges involved. Blockchain technology can help solve these and many other problems of the traditional entertainment industry. Problems in the entertainment industry While it’s fun to watch videos online and listen to music, you as a consumer are not actually getting any real incentives for spending hours of your time watching/listening on these online platforms. While these online media platforms continue to make millions out of the content created by someone else, the actual creators and consumers get very little out of the profits. Moreover, there is a huge lack of transparency in how these online entertainment platforms operate and pay the actual creators. The biggest problem is that content creators are still being paid with old methods and get a very small portion of the total profits that the platform makes. Even though the online entertainment space has evolved a lot in the past years, content creators are still left behind in terms of monetization methods and capabilities. Another problem with conventional entertainment platforms is that they pay little attention and zero incentives to the community, i.e. the actual consumers who are a crucial part of the monetization process. Blockchain as a solution for the entertainment industry problems Blockchain technology can help bring transparency to monetization in the entertainment industry and help ensure that creators are rewarded fairly for their creative contributions. Aboat Entertainment is the latest example of how blockchain technology can revolutionise online entertainment and provide more ways for both creators and consumers to monetize their media content/activities. The community-driven entertainment ecosystem uses crypto (and blockchain technology) to reward content consumers for their activities (consumer to earn) while giving creators a fair and transparent way to monetize their work. For one, Aboat Entertainment will provide a unique, engagement-based rewards system with the provisions to reward content creators and the community equally for their activities. Not only the creators who create content but consumers are also rewarded in the Aboat ecosystem. The platform uses crypto tokens to reward creators and consumers. Creators in the Aboat Entertainment ecosystem can also launch their own NFTs by tokenizing their unique content to sell them to consumers directly all over the world. $ABOAT token, which is the native token of the Aboat ecosystem, will provide access to multiple utilities based on the concept of consume-to-earn, from in-game economy and subscriptions to access to exclusive events, governance, advertisement, and the marketplace. More avenues give the community more ways to use the token and earn rewards and profits from it. Moreover, the use of blockchain-based tokens for payment of entertainment services will ensure complete transparency and security in payments. By enabling a more promising and fair way for content creators to monetize their content and consumers to monetize their media activities, the blockchain-based Aboat ecosystem can truly revolutionise the future of the entertainment industry.
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cryptoland
Is Blockchain the Future of the Entertainment Industry?
The global entertainment industry is worth billions of dollars and growing at a faster pace than ever. Millions of people consume content online on YouTube, Netflix, Twitter, Facebook Shorts and a range of other media platforms and websites, though they rarely get incentivised for watching videos or consuming other content online. Similarly, content creators have limited ways to monetize their content or get paid unfairly as there is a huge platform commission and other charges involved. Blockchain technology can help solve these and many other problems of the traditional entertainment industry. Problems in the entertainment industry While it’s fun to watch videos online and listen to music, you as a consumer are not actually getting any real incentives for spending hours of your time watching/listening on these online platforms. While these online media platforms continue to make millions out of the content created by someone else, the actual creators and consumers get very little out of the profits. Moreover, there is a huge lack of transparency in how these online entertainment platforms operate and pay the actual creators. The biggest problem is that content creators are still being paid with old methods and get a very small portion of the total profits that the platform makes. Even though the online entertainment space has evolved a lot in the past years, content creators are still left behind in terms of monetization methods and capabilities. Another problem with conventional entertainment platforms is that they pay little attention and zero incentives to the community, i.e. the actual consumers who are a crucial part of the monetization process. Blockchain as a solution for the entertainment industry problems Blockchain technology can help bring transparency to monetization in the entertainment industry and help ensure that creators are rewarded fairly for their creative contributions. Aboat Entertainment is the latest example of how blockchain technology can revolutionise online entertainment and provide more ways for both creators and consumers to monetize their media content/activities. The community-driven entertainment ecosystem uses crypto (and blockchain technology) to reward content consumers for their activities (consumer to earn) while giving creators a fair and transparent way to monetize their work. For one, Aboat Entertainment will provide a unique, engagement-based rewards system with the provisions to reward content creators and the community equally for their activities. Not only the creators who create content but consumers are also rewarded in the Aboat ecosystem. The platform uses crypto tokens to reward creators and consumers. Creators in the Aboat Entertainment ecosystem can also launch their own NFTs by tokenizing their unique content to sell them to consumers directly all over the world. $ABOAT token, which is the native token of the Aboat ecosystem, will provide access to multiple utilities based on the concept of consume-to-earn, from in-game economy and subscriptions to access to exclusive events, governance, advertisement, and the marketplace. More avenues give the community more ways to use the token and earn rewards and profits from it. Moreover, the use of blockchain-based tokens for payment of entertainment services will ensure complete transparency and security in payments. By enabling a more promising and fair way for content creators to monetize their content and consumers to monetize their media activities, the blockchain-based Aboat ecosystem can truly revolutionise the future of the entertainment industry.
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cryptoland
Tokenomics of Excelli - Everything You Need to Know
When investing in a cryptocurrency, there are a number of things one should look at. Tokenomics is one of these things. Tokenomics refers to the study of the numbers around a token or coin and includes things like token supply, distribution, price, token sale, and others. Why is Tokenomics Important? In the crypto market, the two major things to affect the price of a cryptocurrency are its supply and demand. In general, the more the token demand and lesser the supply, the more should be the token value/price. As for the token demand, the same can be increased by creating more use cases for the particular token. The token supply refers to the total number of tokens in supply. Out of two cryptocurrencies, the one with a larger total supply is likely to have a lesser price than the other, given that both have similar demands in the market. This is because the total market cap for the token will be divided across the number of tokens, and the more the number, the less will be per token value. Tokenomics is important to get an idea of the estimated value and future worth of the token. Tokenomics of Excelli Token Information Name: Excelli Coin Token Symbol: XLE Token Standard: SPL Blockchain: Solana Decimal: 09 Total Tokens Supply: 10 billion Token Price: $0.0012 Fundraising: $2.94 million Full Dilution Value: $12 million Future Mint: Fixed supply, future minting disabled The total supply of XLE is limited to 10 billion. This is a maximum, fixed supply. No more coins can ever be minted. This also means that the coin price will likely increase over time due to a limited supply. XLE Token Allocation The image represents the token allocation or distribution of XLE. While 30% of the total supply will be used for the token sale, an equal number of tokens are reserved for ‘user rewards and ecosystem’. 20% tokens are kept aside for the team (platform sharing of the Excelli team members), 10% for marketing, 8% for liquidity, and 2% for the project advisors. Token sale - 30% - 3 billion tokens will be sold to investors/buyers during the XLE token sale, which will be held in the following three rounds: Seed - 5% - 500 million Private - 23% - 2.3 billion Public - 2% - 200 million User Rewards & Ecosystem - 30% - 3 billion tokens will be reserved for the Excelli rewards program (to be offered as reward tokens to the platform users) and for use within the ecosystem. These tokens will have a 1-month lock, and 10% will be released every month linearly thereafter. Team - 20% - 2 billion tokens are kept aside for the team, i.e. will be shared among the core team of Excelli. These tokens will have a 6-months lock, and 10% will be released every month linearly thereafter. Marketing - 10% - 1 billion tokens will be used for the project marketing and to pay for the costs associated with the paid promotion of Excelli across online/offline platforms. These tokens will have a 1-month lock, and 10% will be released every month linearly thereafter. Liquidity - 8% - 800 million XLE tokens are reserved to ensure ample liquidity for the token in the market. 20% of these tokens will be unlocked on the token generation event, and the remaining 10% will be released every month linearly thereafter. Project Advisors - 2% - 200 million tokens will be shared among the advisors and partners of Excelli. These tokens also have a 1-month lock, and 10% will be released every month linearly thereafter. As you can see, the tokens have a lock-in period and cannot be redeemed or sold during this period, which is to ensure that not all tokens are sold immediately after release. This will also help ensure the total supply in the market is never higher than the demand, which will help maintain a stable price for the XLE token. Find out more in the Excelli Coin Whitepaper.
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cryptoland
Tokenomics of Excelli - Everything You Need to Know
When investing in a cryptocurrency, there are a number of things one should look at. Tokenomics is one of these things. Tokenomics refers to the study of the numbers around a token or coin and includes things like token supply, distribution, price, token sale, and others. Why is Tokenomics Important? In the crypto market, the two major things to affect the price of a cryptocurrency are its supply and demand. In general, the more the token demand and lesser the supply, the more should be the token value/price. As for the token demand, the same can be increased by creating more use cases for the particular token. The token supply refers to the total number of tokens in supply. Out of two cryptocurrencies, the one with a larger total supply is likely to have a lesser price than the other, given that both have similar demands in the market. This is because the total market cap for the token will be divided across the number of tokens, and the more the number, the less will be per token value. Tokenomics is important to get an idea of the estimated value and future worth of the token. Tokenomics of Excelli Token Information Name: Excelli Coin Token Symbol: XLE Token Standard: SPL Blockchain: Solana Decimal: 09 Total Tokens Supply: 10 billion Token Price: $0.0012 Fundraising: $2.94 million Full Dilution Value: $12 million Future Mint: Fixed supply, future minting disabled The total supply of XLE is limited to 10 billion. This is a maximum, fixed supply. No more coins can ever be minted. This also means that the coin price will likely increase over time due to a limited supply. XLE Token Allocation The image represents the token allocation or distribution of XLE. While 30% of the total supply will be used for the token sale, an equal number of tokens are reserved for ‘user rewards and ecosystem’. 20% tokens are kept aside for the team (platform sharing of the Excelli team members), 10% for marketing, 8% for liquidity, and 2% for the project advisors. Token sale - 30% - 3 billion tokens will be sold to investors/buyers during the XLE token sale, which will be held in the following three rounds: Seed - 5% - 500 million Private - 23% - 2.3 billion Public - 2% - 200 million User Rewards & Ecosystem - 30% - 3 billion tokens will be reserved for the Excelli rewards program (to be offered as reward tokens to the platform users) and for use within the ecosystem. These tokens will have a 1-month lock, and 10% will be released every month linearly thereafter. Team - 20% - 2 billion tokens are kept aside for the team, i.e. will be shared among the core team of Excelli. These tokens will have a 6-months lock, and 10% will be released every month linearly thereafter. Marketing - 10% - 1 billion tokens will be used for the project marketing and to pay for the costs associated with the paid promotion of Excelli across online/offline platforms. These tokens will have a 1-month lock, and 10% will be released every month linearly thereafter. Liquidity - 8% - 800 million XLE tokens are reserved to ensure ample liquidity for the token in the market. 20% of these tokens will be unlocked on the token generation event, and the remaining 10% will be released every month linearly thereafter. Project Advisors - 2% - 200 million tokens will be shared among the advisors and partners of Excelli. These tokens also have a 1-month lock, and 10% will be released every month linearly thereafter. As you can see, the tokens have a lock-in period and cannot be redeemed or sold during this period, which is to ensure that not all tokens are sold immediately after release. This will also help ensure the total supply in the market is never higher than the demand, which will help maintain a stable price for the XLE token. Find out more in the Excelli Coin Whitepaper.
0.00
0
0
cryptoland
Tokenomics of Excelli - Everything You Need to Know
When investing in a cryptocurrency, there are a number of things one should look at. Tokenomics is one of these things. Tokenomics refers to the study of the numbers around a token or coin and includes things like token supply, distribution, price, token sale, and others. Why is Tokenomics Important? In the crypto market, the two major things to affect the price of a cryptocurrency are its supply and demand. In general, the more the token demand and lesser the supply, the more should be the token value/price. As for the token demand, the same can be increased by creating more use cases for the particular token. The token supply refers to the total number of tokens in supply. Out of two cryptocurrencies, the one with a larger total supply is likely to have a lesser price than the other, given that both have similar demands in the market. This is because the total market cap for the token will be divided across the number of tokens, and the more the number, the less will be per token value. Tokenomics is important to get an idea of the estimated value and future worth of the token. Tokenomics of Excelli Token Information Name: Excelli Coin Token Symbol: XLE Token Standard: SPL Blockchain: Solana Decimal: 09 Total Tokens Supply: 10 billion Token Price: $0.0012 Fundraising: $2.94 million Full Dilution Value: $12 million Future Mint: Fixed supply, future minting disabled The total supply of XLE is limited to 10 billion. This is a maximum, fixed supply. No more coins can ever be minted. This also means that the coin price will likely increase over time due to a limited supply. XLE Token Allocation The image represents the token allocation or distribution of XLE. While 30% of the total supply will be used for the token sale, an equal number of tokens are reserved for ‘user rewards and ecosystem’. 20% tokens are kept aside for the team (platform sharing of the Excelli team members), 10% for marketing, 8% for liquidity, and 2% for the project advisors. Token sale - 30% - 3 billion tokens will be sold to investors/buyers during the XLE token sale, which will be held in the following three rounds: Seed - 5% - 500 million Private - 23% - 2.3 billion Public - 2% - 200 million User Rewards & Ecosystem - 30% - 3 billion tokens will be reserved for the Excelli rewards program (to be offered as reward tokens to the platform users) and for use within the ecosystem. These tokens will have a 1-month lock, and 10% will be released every month linearly thereafter. Team - 20% - 2 billion tokens are kept aside for the team, i.e. will be shared among the core team of Excelli. These tokens will have a 6-months lock, and 10% will be released every month linearly thereafter. Marketing - 10% - 1 billion tokens will be used for the project marketing and to pay for the costs associated with the paid promotion of Excelli across online/offline platforms. These tokens will have a 1-month lock, and 10% will be released every month linearly thereafter. Liquidity - 8% - 800 million XLE tokens are reserved to ensure ample liquidity for the token in the market. 20% of these tokens will be unlocked on the token generation event, and the remaining 10% will be released every month linearly thereafter. Project Advisors - 2% - 200 million tokens will be shared among the advisors and partners of Excelli. These tokens also have a 1-month lock, and 10% will be released every month linearly thereafter. As you can see, the tokens have a lock-in period and cannot be redeemed or sold during this period, which is to ensure that not all tokens are sold immediately after release. This will also help ensure the total supply in the market is never higher than the demand, which will help maintain a stable price for the XLE token. Find out more in the Excelli Coin Whitepaper.
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