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#Blockchain, #Lifestyle All projects

MovieChain: An innovative technological and business model

Distributed business infrastructure for movie industry of emerging markets

stage Ended crowdsale

3.6 Rating

by 2 users


    KPLs

    • Employees8

    Team

    6
    man Peter Jiang

    Found and CEO

    Serial entrepreneur with more than 10 years of experience in the mobile industry. Before founding Xender, Peter has worked as a senior researcher at Lenovo Research Institute. Peter has
    led Xender to grow from zero to a half billion user app.

    man CMO

    Tony Ruan

    Master of Applied Mathematics and Computer Science from The National Technical University of Ukraine (Igor Sikorsky Kyiv Polytechnic Institute), Tony has worked for Sumavision Technologies Co., Ltd., a SHE listed company as oversea investment director. He’s experienced with former Soviet
    Union, Indian and Philippines markets.

    man Jian Liu

    CTO

    Mr. Liu worked with UFIDA Software Co., Ltd. since 2003, and he was responsible for research and development of large-scale enterprise software platform during his term of office.

    man Piyush Mathur

    Country Head - India

    MBA from premier institute in India with extensive experience in top-level roles of leading MNCs across Telecom, Internet and other industries. A brand leader and an entrepreneurial strategist with expertise in new-age marketing and businesses.

    man Zunping Xiao

    Blockchain Expert

    A Blockchain expert who has successfully developed a
    Blockchain project so called “TangSheng”. Has been working on crypto in conjunction with Blockchain technology since 2013. He has an extensive experience in software development,
    specialized in C++, Golang languages, Android Native Interface,
    JAVA Native Interface.


    Advisors

    3
    man Leo Wang

    Founder of PreAngel

    PreAngel has invested in more than 300 high tech startups. It consists of 9 partners managing more than 1 billion RMB fund.

    man Andy Tian

    CEO of Asia Innovations Group

    Successful serial entrepreneur (AIG, his fourth startup).
    Previously general manager of Zynga China and while at
    Google, introduced Android to China. MIT BS & MA degrees
    in Computer Science.

    man Kumar Ahuja

    President of EROS International

    Mr. Ahuja joined Eros International on April 22, 1999 and
    represents in all international film festivals and also managed its digital initiatives within India. He has approximately 11 years
    of work experience.




    Crowdsale details

    Distribution of tokens
    • Sale (30%)
    • Incentives within the Ecosystem (20%)
    • Copyrighted movies (20%)
    • Founding members, investors, members (15%)
    • Community members (15%)
    Details Indicators
    Token Symbol MVC
    Full Token Name MovieCoin Token
    Crowdsale Start March 26th, 00:00 GMT+03:00
    Crowdsale End Hard cap is reached or April 6th, 00:00 GMT+03:00
    Crowdsale Hard Cap Fixed, $10000000
    Crowdsale Soft Cap Yes, $5000000
    Token type utility token
    Domain registration date 2017-07-21
    Domain owner yang xiaodong, anqizhilian

    Cost of the token

    1 token for 0.01 $

    Price without discounts

    Accepted currency

    • Ethereum


    Rate the project

    Estimate the project on a five-point scale or switch to the simple scale

    Five-point scale Simple scale

    Relevance of the problem and Market size

    1 2 3 4 5

    Product competitiveness

    1 2 3 4 5

    Founders, Team & Advisors

    1 2 3 4 5

    Budget allocation and roadmap

    1 2 3 4 5

    Token economy, Tokenization & Business model

    1 2 3 4 5

    Distribution & Lock up of tokens, Discounts for early buyers

    1 2 3 4 5

    Summary rate the project

    1 2 3 4 5

    Rate the project by other users

    2
    Alexandr Gonchar May 31, 2018
    Rating of project
    4.7

    Advantages

    Very interesting project that uses blockchain technology to distribute film production in emerging markets. Good and original idea of using distributed technologies for the development of the film industry and the streaming business model.

    Risks and disadvantages

    There are no cons in this project practically, except the implementation of this decentralized product in global video streaming markets. Otherwise, the decision is fairly progressive and innovative, such projects can help the development of the film industry in countries with emerging markets and with weak economies.

    Comments

    I think that this project will be successful enough because it solves many issues of the movie business and furthermore helps the development of young markets such as India or Africa. Decentralized blockchain technology can carry out exchange information, products and make payments in real-time and in a completely transparent and secure way.

    Denys Serhiichuk May 13, 2018
    Rating of project
    2.5

    Advantages

    Detailed Whitepaper with graphics and tables, where the overall idea of the project is clearly outlined. Moviechain has advisors, which is also an advantage. Another plus is its Roadmap

    Risks and disadvantages

    Website is not always working. There is no MVP ( working product ) which is a drawback. Thus, the marketing policy is not so strong, as there the project has not so many social networks ( Facebook, Twitter and Telegram only ).

    Comments

    The whole idea is good, however nothing mentioned about partnership with film companies. To my mind, that is essential for the project which aims to introduce Blockchain to movies.


    FAQ

    Frequently Asked Questions

    Do I need to whitelist my account to participate in the Token Generation event?

    Yes, we take KYC Verification and AML procedures very seriously and only accounts that have passed our internal procedures will be whitelisted to participate in the Token Generation event.

    Is there a min. or max. limit for participating in the Token Generation event?

    There is a minimum limit of 0.2 ETH to participate in the Token Generation event. The max. limit will be 20 ETH.

    Is the Token Generation Event available for anyone to participate?

    The Token Generation event is NOT available in the United States of America (USA), People's Republic of
    China (PRC) and Wetnam. Citizens or residents of the USA. PRC and Wetnam will not be able to participate.
    We also do not accept participants from AMICFT list from: Iran, North Korea, Algeria. Ethiopia, Syria and
    Yemen.

    Which currency would the Token Generation event be in?

    The Token Generation event will only be in ETH.

    Which exchanges will the token be listed on?

    Due to legal constraints, we cannot comment on token being listed on any exchanges. However, we under negotiation with several major international exchanges.

    What are the official chat channels?

    You can join the official MovieChain discussion https://t.me/MovieChainOfficial

    What is the breakdown of the Use of Funds?

    40% of the raised funds will be used to purchase copyrights of digital entertainment
    20% of the raised funds will be used to develop and maintain MovieChain infrastructure and platform
    15% of the raised funds will be used to build business partnership with upstream companies
    10% of the raised funds will be used to promote MovieChain project through multiple social platforms 8.
    channels
    10% of the raised funds will be used for daily operation of Xender & MovieChain
    5% of the raised funds will be used to cover legal service of MovieChain

    What is the expected value of MovieChain tokens after the tokensale?

    We will not make any speculations or predictions on the value of the MovieChain Token.

    What happens if I send the ETH to the wrong address by mistake?

    Unfortunately. we will not be able to assist you in returning of the ETH. Please be sure to follow instructions on
    our sales page when participating. MovieChain cannot and will not be responsible for any lost tokens.

    When will I received token after TGE?

    We will endeavor to deliver the token within 15 days after the conclusion of the TGE.


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