Bucky House – The Link with Blockchain and Entertainment
BUCKY HOUSE PLATFORM The global media entertainment industry is one of the most profitable industries in the U.S. The industry contributes more than 500 billion dollars to the U.S economy. Online streaming is on the rise. The old medium of content distribution like cable TV is fading away. Large entertainment groups have troubles keeping up with the new method of delivering contents. Majority of their revenue is used in managing the platform, only a small percentage of the money is delivered to the artists and content creators. These sites only provide the platform for creating contents and yet rake in millions of dollars per year in revenue. In addition to that, most of the sites are prone to hacking.
This is why the Bucky house blockchain platform was created. Bucky house is a decentralized platform. The platform cuts the middlemen and rewards only the content creators through the blockchain technology; Users will be able to support the network and at the same time access videos and music. The Platform creates a system for only the content creators, the network owners, and the beneficiaries. The Blockchain technology will establish a reputation system, promote a dynamic and efficient pricing model, and allow micro monetizing. The Bucky house will facilitate production houses, models, content creators, models and celebrities, application developers, content subscribers and viewers, Adult content distribution, advertising agencies, and data centers. The platform will allow all forms of entertainment such as games, animation, eBooks, articles, videos, and movies. The crowdfunding marketplace includes web and TV series, Animation content, theme based games, music videos, and eBooks. Publishers will receive funds for any completed concepts, trailers, and teasers. A smart contract will perform the distribution of funds. Content creators will be able to hire producers, composers, coordinators, directors, and animators from the platform. The subscribers will have the right to vote any project. The Subscribers can also rate other subscribers.
Revenue model The content creators on the platform will have the freedom to define their prices. The revenue will be shared between the content creators and the owners of the network. The platform will charge each content creator a maximum of 4% of their revenue value for the maintenance of the platform.
Bucky house vision