2) In this day and age it's impossible to imagine a world without media content.
From professional producers to normal social media influencers.
Millions of hours of quality video content is created every year, yet the current process for licensing and distribution is awful.
3) Content creators, buyers, and distributors still operate in offline regional environments.
Discovery, networking, negotiating deals, and transacting commercials are slow and inefficient that unnecessarily raise costs 30-50%, if not more.
4) MLT will solve four fundamentally important challenges of the global media industry:
- Global availability of all Video Content.
- Discovery process for Buyers. - Complex licensing for the entire industry.
- Early feedback from its audience.
5) MLT looks to build a bridge between the audience and the content creators, buyers, and distributors.
This connection will allow the audience to directly impact and receive benefits from the creation & distribution of quality new content.
7) MLT isn't just backed by ant new startup. It was made by a very large succesfull established brand called "Welt der Wunder TV".
This is one of the largest media content providers in Germany.
They own an established network with some of the biggest leading content providers.
8) Welt Der Wunder TVโs Media Content Library was valued by Ernst & Young at โฌ48,000,000 in November 2020.
It has was nominated for the Grimm-Award, German TV Award and won the Bavarian TV Award.
Founded in 1996, Welt der Wunder has 25 Years of experience in this industry.
8) The main utility behind the MLT Token is abolishing the need to work through complicated and time-consuming licensing procedures.
It represents a one-click-solution including contract signature, approval and payment.
9) With the MILC blockchain in place, purchasing & licensing of media content will be tokenized, preventing manipulation and eliminating the need for any middlemen or third-parties.
10) Token value
Payments: To obtain a content license, MLT is needed as payment medium to sign the license.
Governance: Community votings/evaluations of early content lead to MLT rewards payouts.
Launchpad: MLT holders can participate as investors in the Launchpad projects.
11) Conclusion:
Although the media content industry has lots of problems, MILC has given us a platform to minimize, if not eliminate them.
Content creators are given the opportunity to raise funds for their projects even before they are completed.
12) Licensing costs are saved and both buyers and sellers are better off for it.
With the media content industry continue to grow the demand for MLT will only get larger and solve a major problem where licensing is at the center of it.
Nova out โค๏ธ
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14) If you had value from this and liked this thread, it would really bring a smile to my face if you could retweet the first post so this can help as many people as possible.