Nollycoin [Official Token Of NollyTainment's Blockchain Entertainment Ecosystem]
Internet - Omaha, Nebraska, United States
Nollycoin [Official Token Of NollyTainment's Blockchain Entertainment Ecosystem] Employees
Nollycoin [Official Token Of NollyTainment's Blockchain Entertainment Ecosystem] Details
Nollycoin, the Cryptocurrency from Nollytainment Incorporated, is the token that powers a Peer-To-Peer decentralized ledger system for the global distribution of movies and other creative works. Effectively, Nollycoin ecosystem will center around a decentralized system for the publication and consumption of Movies and associated creative works, which combines a cutting-edge cryptocurrency to a peer-to-peer blockchain enabled file sharing network. Nollycoin allows movie producers and their creative works collaborators to license their content as a "coded contract" directly to a decentralized database called a "blockchain". These contracts automate the collection and distribution of royalty payments and remain in the control of the movie producers and creative artists themselves. Consumers can access a global catalog of movies stored on a peer-to-peer network and pay owners directly using digital currency, based on their usages. By providing a distributed and highly transparent platform that connects creative artistes in the production of movies (i.e. Movie Producers, Directors, Cameramen and Other Creative Works artistes) with Consumers of Movies directly, Nollytainment, through its Nollycoin, lays the groundwork for a new age in the Financing, Production; and Distribution of Movies in 3rd world countries and beyond in a way that is sustainable, borderless, and fair to all stakeholders.Some of the direct and immediate solutions that Nollycoin brings to the movie industry include: • To Provide Access to Financing and Capital to product qualitative movies• Provide Copyright Protection and Solve Piracy Issues• Provide Multi-Level World Wide distribution to justify financial investment• Enable Fair Compensation for collaborators in creating the movies• Provide Universal means of exchange for Nollywood movies• Provide top Financial Backing for Producers in Nollywood to produce quality international films.
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