I'm a Filmmaker and Entrepreneur. I'm Building Netflix on the Blockchain. It's Called Play. Sup. entrepreneur how earn by blogging blog

Hey guys,

So, yeah. I'm a filmmaker and entrepreneur. I've been both of those since before I was old enough to know that's what they were called. For those uninitiated with the Blockchain, it's a new technology that's fundamentally shifting the core of how society works by automating the exchange of value between people and businesses through code. If that definition flew right above your head, I promise it'll make more sense to you once you understand what Play is.

Every once in a while, I'll feel like watching a very specific movie. I go on Netflix, it won't be there. Amazon Prime, not there. Fucking Fullscreen. Not there. iTunes. 9.99. I'm a filmmaker, I don't want people stealing my films when I make features. But I'm not going to pay 10 dollars to watch a movie after paying so much every month for a boatload of streaming services.

The internet was never made for commerce of this kind. Disney is making their own streaming service, once that's successful, more companies that own content at that scale will follow. What was supposed to make things easier and cheaper is about to make them a whole lot more complicated and expensive. The problem is that the internet wasn't designed for commerce, so commerce became an area of building monopolies. Now the technologies to create those platforms have been commoditised. More people are okay paying for an extra service. Fragmentation is eminent.

So how do we avoid it? The Blockchain.

Play Blockchain is an open source blockchain project that gives every screen and speaker in the world access to every movie, TV show, song, audiobook, VR story and whatever comes in the future. It's not a company, it's not an organization, it's code. Built and managed by community. Anybody can build a player on the Play Blockchain. Whether you're a hardware manufacturer, or a really talented team that can interface a great streaming experience through code, you can build it on the blockchain and have access to all the world's content.

You would be paying through Play tokens and we should be able to bring down the total amount of money an average person pays for movies, TV shows and songs by at least 20-25%. Since you're not paying for Netflix, satellite, Spotify, Audible and whatever else you floats your boat. And since there are no middle men to satisfy, artists and teams get paid directly, no middle men fees.

90% of what you pay gets distributed between the content owners based on a smart contract that divides the content's equity ownership. 10% goes to the player you watched it on. New tokens get generated by hosting storage on the Blockchain. The idea is that we'd scale this to movie theaters too, so literally everything.

I hope that made sense, if it didn't, I'm here to answer any questions so it does.

I wrote down my story and what I'm up to with this project for investors on this blog post: http://ift.tt/2qWzf6b

If you guys have any investor friends, please share that with them, you might just help make this happen faster. If any of you know Chamath Palihapitiya, please send that blog post to him, I'll buy you a Tesla, I promise.

Peace

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