Events and Entertainment ICO List Category
ICO SLATE Description:
SLATE is a blockchain-based entertainment utility protocol powered by a cryptographically secure multilayered network. The decentralized system will deliver low-cost, high-speed, high-definition video globally and facilitate live event ticketing on the blockchain. Consumers will be able to spend SLATE cryptocurrency (SLX) on some of the best entertainment the world has to offer.
The use of SLATE enables fair and transparent compensation between creators, producers, and distributors. Creators are compensated fairly and consumers get higher quality entertainment. Tickets purchased with SLATE will be forgery resistant, virtually eliminating fraud. Service providers holding SLX can earn even more by storing and delivering content.
Slate Entertainment Group Inc. (SEG) is a highly-skilled amalgamation of entertainment, business, and technical expertise. Armed with strategic vision and the tools necessary to execute, SEG intends to develop a multi-layer entertainment ecosystem powered by blockchain technology and driven by a cryptocurrency designed for mainstream adoption.
SEG’s mission is to disrupt the entertainment industry using a blend of technology and integrity. SEG seeks to demonstrate how a for-profit business operating with corporate conscience can achieve greater rewards for every person connected to the Slate Ecosystem. SEG expects that the result will be an enriched experience for consumers and creators. To accomplish this, SEG plans to introduce BINGE, a blockchain video on demand platform; SLATIX, an electronic ticketing application; and SLATE, a digital utility token. To facilitate the functionality of the token and platforms, SEG’s plan is to design and build SlateChain - a blockchain media delivery and storage protocol that can be shared by small and medium enterprise for years to come.