Hello from the MovieBloc team!
For our MovieBloc supporters, we have prepared “MovieBloc Service Preview” to show you our service at a glance. This time, in MovieBloc Service Preview 2, we will share detailed information on MovieBloc’s service, the wallet function.
Preview 1 includes the overview of Beta Service. Preview 2 will cover wallet function, and Preview 3 will talk about ‘Individual theater” in MovieBloc Service.
Above is an example (i.e. Jason Born) of Beta Service’s wallet function. Users can see their token balance, estimated revenue and total revenue here.
During the Beta Service, all applicants will be provided with free MBL tokens. This is a one-time event to enable our users to try our movies on the MovieBloc platform. The MBL tokens provided will be rebooted before the official service launching.
For the official service launch, users can be rewarded by contributing their expertise such as writing subtitles, reviewing movies, and reporting illegal content. For the official service, MBL token and Paxos coin will be used.
In order to watch premium content, users will need to pay using MBL tokens or credit cards. The revenue generated by the premium content will be distributed with PAXOS coin. (same for the advertising revenue generated by the free content; it will be paid with PAXOS coin.) Rewards earned from the participant’s contribution on the MovieBloc platform will be credited to them on a daily basis. However, payments will be sent out at the end of 14 days after dealing with several aspects of these activities such as settlement of payments with credit card, advertisement revenue, cancellation fee, copyright violation and etc.
Activities such as writing movie reviews and reporting illegal content will be rewarded with MBL tokens. When users fulfill certain requirements, they will be rewarded right away. We will provide more detailed instructions regarding this before the service’s official launch.
MovieBloc team will test the functionality and quality of our service in a global setting. Thus, we need help from our beta testers as this is the best way to get real feedback from real users, which will certainly help us to improve on our service delivery and ensure a valuable user experience.
Our goal is to bring “Mass Adoption” of cryptocurrency, MBL Tokens, through a real use case in our service. With your support, MovieBloc will continue to create a healthy content ecosystem :)
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