Futurov: A service like Netflix, but decentralized and in which users have full control
Futurov is a community owned multimedia entertainment platform
Futurov is a community-owned multimedia entertainment platform and end-to-end NFT hub offering live TV, programs, and financial education.
The platform is a decentralized and non-profit organization and ecosystem, regulated by the Financial Conduct Authority (FCA), as a banking agency project, which currently provides all the worlds of free and legally transmittable TV, as well as licenses and rights that its agents, Agenz LTD, are actively acquiring.
The application was created by a team that currently belongs to the entertainment world, solely for promotional purposes and in no way does it charge or will charge for any of its services or data.
Together with the deflationary governance token FTV, Futurov is designing an inflationary rewards token that pays automatically and without trust to creators, distributors and licensees.
This will not only end up providing a pioneering solution to piracy, but it is also a novel way to monetize free markets, without charging users. Allowing them to remain as free and anonymous as they wish.
When the rewards change the Netflix / Prime average subscription fees, the platform will end up offering providers more revenue per connection than they are currently earning, with no overhead, meaning that all producers or filmmakers could partner with this platform. to increase your income and avoid being stolen by piracy.
Eventually, it could all be in the app, making life easier for the audience by having everything in one place while also generating revenue for their favorite streaming providers, even if they don’t decide to spend money .
Yes, Futurov is trying to monetize illegal, pirated and off-grid markets.
A community-run Netflix
Futurov is the first broadcast, television and media blockchain-based service provider.
That is, it is similar to Netflix but with the particularity of being properly decentralized and resistant to censorship , and the only one that allows only the community to govern properly.
The platform is on a mission to be absolutely free for everyone without the need for KYC, registrations, or bombarding its users with ads.
So they won’t invade phones to collect data and sell it to the highest bidders.
This is because they have set up their network in a modern way.
Utility tokens will change the world and it won’t be long before industry leaders adopt a similar model.
By also allowing the community to control the funds, they will be a source of some of the most powerful, fun, entertaining, and utterly ridiculous creations in human history.
In Futurov, the world’s wildest minds along with their most fascinating imaginations finally have a good chance to go from paper to screen without any centralized authority making decisions about their lives and their direction .
NFT on the way
Following the launch of the Futurov broadcast and display center, an NFT marketplace and A / VR exhibitor will be added in time to capture, preserve and relive in much more intimate ways, the most magical moments of the early Futurov Originals, as well as others. deals that can be in accordance with iconic brands and blockbusters.
The reason NFTs will work so well in this industry is that they allow movie makers and directors to directly benefit from royalties forever, in a totally transparent and trustless way, meaning that no one could cheat.
It also allows artists to split and tokenize their royalties to take advantage of some liquidity, while keeping the majority of their image rights.
Most of all, they wouldn’t want a lifelike life-size version of their favorite star in their room via smart glasses, a phone, or a VR headset. The possibilities are endless.
The FTV token
Futurov has its governance token, FTV, based on the Binance Smart Chain.
It is an asset with 8,000,000,000 tokens as a limited supply and a deflationary fee of 4.20% on each transaction (50% automatically burned, 25% for the liquidity pool and 25% reflected in all wallets), until only 1,000,000,000 tokens remain.
51% of all revenue generated through all business operations, including but not limited to non-intrusive advertisements, NFT sales and originals, will be used for buyback and burn (FTV) until we reach our supply goal of 1,000,000,000.
After which the burning will stop and the rewards will increase.
Of the remaining 49%, 21% will be returned to the original pool, 23% sent to the community fund for R&D to ensure acceleration, 76% is redistributed as participation rewards among creators, distributors and users.
The token will be used for staking and any amount can be staked for a minimum and stable APY of 4.2%, blocked for a minimum of 12 weeks that grows according to the amount of FTV staked and then multiplied by 2.4 for every 52 weeks left untouched.
The utility of the FTV will be for governance, because token holders suggest, vote and implement cancellations, renewals and additions.
In addition, it will serve as the main currency of the application, allowing free and instant transactions.
In addition, token holders receive airdrops ranging from event tickets, merchandising or collectibles.
The token is the inflationary fuel launched with community votes deciding the tokenomy and will be key to filmantropy.
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Disclaimer: This press release is for informational purposes only, the information does not constitute investment advice or an offer to invest. The opinions expressed in this article are those of the author and do not necessarily represent the views of CriptomonedaseICO, and should not be attributed to CriptomonedaseICO.
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