SPOKKZ by Spuul -pioneering video streaming company
Spuul’s Network Tokens (“SPOKKZ”) Token Generation Event (TGE) is targeted to close by Q32018. This new Tokenised SPOKKZ Platform will allow a new generation of distributed applications to take part in the content value chain and bring their own efficiencies to marketplace.
Studios that are large with self serving agendas are imposng their choice of content on viewers and charging them exorbitantly for it. This challenge is what is facing viwers that patronize video streaming platforms but SPOKKZ is letting the viewer decide what content works – and at what price by giving him / her access to a decentralised ecosystem and marketplace. By crowdfunding and helping promote movies & TV shows, viewer communities will join producers, content creators, distributors, stars and advertisers as equal stakeholders.
Spuul was launched in 2012 and since then has been one of the most innovative Video On Demand (VOD) platforms in the world. Spuul has over 60 million users and over 4 million paid subscribers as at the end of March 2018, and was the first platform to allow users and subscribers to download and watch content offline.
Spuul made Asian entertainment a breeze to consume for everyone. With SPOKKZ, “everyone” becomes part of an influential community.
Spuul’s aims to provide high quality streaming content at affordable prices, especially in developing markets and also allows its viewers to subscribe to its entire library in ‘bite-sizes’.
In order to accomplish the objectives of platform growth, penetration into key languages and geographies, Spuul intends to raise funds through an Initial Coin Offering (“ICO”). The Tokens that Spuul will be issuing will be called SPOKKZ (pronounced “SPOCKS”). The ICO will have hard cap of US$12 million
SPOKKZ aims to create a platform that involves crowd funding which will allow Spuul’s ever growing user base to select and fund streaming content projects and this funds can also be used to fund upcoming movies, TV shows and/or enable Spuul to license key content such as sports for its community.
The Spuul ecosystem today already has a secure wallet for fiat currencies, which allows users to top up and receive top ups from others. Our customers use it to make 1.8 million transactions every month in 15 currencies.
Spokkz will be adding blockchain support so that the wallets will accept ERC20-based tokens like SPOKKZ. Even non-subscribers will be able to use the wallet for community peer exchanges and to participate in the crowdfunding marketplace.
Rewards for funding SPOKKZ?
When people fund the SPOKKZ’s ICO, they get SPOKKZ tokens that enables them to do the following:
• They receive bonus tokens from the SPOKKZ foundation if the movie does well on Spuul and/or other content platforms.
• Use SPOKKZ to subscribe to content on Spuul,
• Watch a movie,
• Watch advertisements. and
• Exchange SPOKKZ tokens on the exchange for other cryptocurrencies or fiat (where possible)
Spuul will generate a total of 1 billion SPOKKZ. The minimum raise will be $5 million and the hard cap is $12 million and the tokens will be allocated in the following manner:
- The name of the token : SPOKKZ
- Token supply : 1 billion SPOKKZ
- Standard : Ethereum ERC-20
- Soft cap:$5,000,000
- Hard Cap:$ $19.68 million
- The cost of the token:1 SPOKKZ = US$0.08
For further information visit :
Telegram : https://t.me/SpokkzOfficial
Twitter : https://twitter.com/SpokkzOfficial
My BitCointalk profile: https://bitcointalk.org/index.php?action=profile;u=2293100
My ETH Address: 0xEE5E677832A32f9aCf1381B05ec7f2160550c0f2