Filmgrid - disrupt the movie industry in favor of the moviemaker

What is Filmgrid

Filmgrid is an ideological project, seeking to create a business redundant platform that provides a fair innovative alternative to movie business; removing intermediaries from the creative and producing processes.

A place where independent filmmakers and viewers can interact in order to create better movies with richer content and true artistic freedom. The application will offer all the services needed for this to be integral reality:

+ The Billboard. A movie marketplace where creative users may offer their movies, and viewer users can buy them and stream them.
+ The Pitchboard. A podium where film projects can seek funding either by obtaining it from the Filmgrid’s production fund, pre-sales or collective production.
+ The Critique Bay. A social network environment that promotes the connectivity between all the users and the spread of ideas.

Filmgrid will use the power of blockchain technology to manage transactions and hosting the smart contracts that will secure funds, voting, and other important aspects that make Filmgrid unique.

Addressed Issue

In a traditional Hollywood-like business model, income is produced with the sale of theater tickets, digital and physical video copies, licensing to SVOD services and others. The typical scenario for profit distribution will include a Recoupment Waterfall, an accounting technique designed to provide control to the middlemen, hence the manipulation of profit.

We come up with an innovative business model, cutting out intermediaries, aiming for the moviemaker to be the one who make the most profit, receiving income from the first sale. This brings the opportunity to dramatically lower down the cost for the viewer.

Why Blockchain

Because its decentralized nature is a perfect fit for the principles/tenets behind Filmgrid. Furthermore, it can solve problems that traditional centralized technology cannot, particularly issues of censorship, intermediaries interference or trade transparency for example.

To provide integrity verification for video files, we will store the data off-chain and store a hash of the data on-chain. This guarantees that the data is not being modified while protecting the blockchain from becoming bloated. We are exploring the benefits of IPFS, to implement in the near future.

With the intention of being productive as soon as possible, the first two years, business will take place on the Ethereum network, the DApp and the Smart Contracts will run on top of the blockchain. Gas costs will be cover by the platform, not the users.

Filmgrid Token

To add value to the Filmgrid experience, the user is offered to buy the scoop of the film during the premiere sale, including the additional exclusive material; then we tranfer this value to the utility token Filmpass (FILM), since premiere film can only be bought with it.
  • Token: FILM
  • Type: Utility
  • PreICO: Price 1 FILM = 0.000142 ETH
  • Price: 1 FILM = 0.000333 ETH
  • Platform: Ethereum
  • Accepting: ETH
  • Minimum investment: 0.01 ETH
  • Soft cap: 13,000,000 USD
  • Hard cap: 21,000,000 USD
  • Country: Mexico
  • Whitelist/KYC: Whitelist
  • Restricted areas: USA
  • PREICO TIME: 28 days 21 hours left. 2019-07-01 - 2019-07-31
  • ICO TIME: Starts in 28 days 21 hours. JANUARY 201-08-01 - 2020-08-31
  • Token Contract: 0xdadfd3814684a3a08a001500a98eef74f4ac1712
  • Mint Transaction: 0x3d5197dd0c84bfb2e839498d8cbf5c8a3b7f4ee9f13659648aa64c65b63ba7f4

Token distribution

The Team


More Information


Author: Oteemit
Tags: new-ico , platform

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