SLATE is a blockchain-based activities energy protocol powered by a cryptographically protected multilayered network. The decentralized system will deliver low-cost, high-speed, high-definition video globally and facilitate live event ticketing on the blockchain. Consumers can spend SLATE cryptocurrency (SLX) on a few of the best entertainment the world has to provide. The use of SLATE enables fair and transparent compensation between creators, producers, and suppliers. Creators are compensated fairly and consumers get higher quality activities. Tickets purchased with SLATE will feel forgery resistant, virtually eliminating fraud. Service providers holding SLX can earn even more by storing and delivering content.
Binge introduces BVOD™ (Blockchain Video on Demand), the first premium decentralized streaming system to utilize the power of distributed ledger tech. For the Binge streaming news platform, blockchain technology facilitates streaming content and transparent behavioral analytics that expose consumer tastes. Binge’s model of transparency is an entertainment-industry first. Binge will provide real-time revenue sharing between content services and creators, while mediating access to the valuable network data and review that improves content development.
Powered by the SLATE network, SLATIX will be the brand new go-to mobile app for entertainment discovery and ticketing. Consumers using SLATIX can discover great contents through a curated system of authenticated ratings, and make substantial discounts and access to entertainment events, including movies, concerts, plays, museums and sporting events. Repeat users will enjoy loyalty rewards and an unparalleled entertainment experience. Curation of a trustworthy review system are incentivized with Slate token benefits (SLX). Since the tickets is additional tokens in the Slate blockchain, they are forgery-resistant and firmly exchangeable on the secondary marketplace.
The SLATE network consists of a primary network, the distributed ledger for the SLX cryptocurrency, and a secondary layer of “masternodes.” These provider nodes shop video and deliver them to Binge clients. Masternodes also quickly protected the generation and redemption of forgery-resistant tokenized tickets for SLATIX. The genius for the network is in the aligned incentives: the SLX cryptocurrency motivates providers to maintain an always-on global network.