INTRODUCTION OF BLOCKCHAIN technology has been known to be technology that can disrupt the content publishing sectors and story industries simply by providing solutions to the problems that content and storytellers and publishers faces in this century. The process of BLOCKCHAIN technology, many of the advantages and disadvantages of the process of making the process of the process is difficult to bring to the story industries. and to the story creators and writers.
It has been observed most of the times that the story creators and content publishers have had to rely on third-party services before they can be published and also before the rewards can be allocated for the back of the lots. content and story industries.
It has been observed that the third-party services in charge of content and story publishing and rewards always take away the high percentage of rewards meant for the creators. Have you ever imagined writing stories and content for several hours and days of third party services carting away rewards which belongs to you? I believe this is unfair to the writers and this is why solutions to all the problems are facing the writers and publishers and also readers
Before now, there is always a little or no rewards, but now the best platform "STORICHAIN" has come to revolutionize the content and story industries. I could remember some platforms I did publish my stories before I found STORICHAIN, these platforms were found to be paid for publishing on their platforms. But now the STORICHAIN platform is here for all the writers and readers out there, STORICHAIN is trying to make the conversation between writers and readers a touch fairer, an extra dependable agreement to create asset fee.
STORICHAIN is a decentralized stories and content sharing platform that gives rewards to the story of writers and readers on its platform. But the user has also made it a point of duty to have published stories and contents.We have seen some STORICHAIN in the past years but platforms Some issues that are needed to be rectified. Transparency is a key feature that will make STORICHAIN a platform that is best and rated ahead of others. The writers have complained about the low rewards payment for writing and publishing the STORICHAIN contents and stories they have come up with for their works.
Storichain - Securing the Story Industry
The Storichain project brings forward the implementing blockchain idea of technology in a field other than development and management. This project aims at solving the existing problems of the story industry. They have explained the term Story Industry as "the industry that uses stories" as a source of their products and includes such areas as movies, dramas, web novels, web dramas, plays, musicals, and radio dramas ". By 2021, the digital content market has grown from $ 1,449 trillion to $ 2.4 trillion as stated by the National IT Industry Promotion Agency in its 2017 digital content market report.
In 2017, a team of professionals including senior content creators, directors, lawyers and developers decided to take a step forward and create a new platform - "Storichain". It connects non-professional content writers with great ideas and story sources to professional writers who have the ability to turn those ideas and sources into polished stories. Storichain stories to Blockchain Smart Contracts, turning them into 'Story Assets' while enhancing security. It also has ideas from plagiarism and theft in terms of the required industry into Open Stories, Pro Stories, Contesting Stories, Funding Stories and Viral Stories. It focuses on the contributions made to the story creation, the transaction stage and the transfer of ownership more than the story itself. Hence, Storichain does not keep the stories within the block, but important information (contributions to the story of creation, transactions and ownership) only.
-At the Core of Storichain
Storichain will ensure that it systematically measures the contributions made to the story of the system records, when and how of the contribution. It will prove the creators 'efforts to analyze each creator' contributions to the story in the case of collaborations. This data is defined as the "Activity Metrics" and will be used to distribute the profits generated by the story. This data will not be broken as it will exist on blockchain. Implementing blockchain technology saves costs and time for story writers and contributors, and also ensures honest reward and profit distribution.
-Token Allocation & Distribution
Storichain's token utility is named as TORI. All the on-going chain transactions / funding will be done using TORI. It is an Ethereum ERC-20 token. It has a high utility and value within the ecosystem that can be used for various services and can. This token can be bought from a listed exchange and can be utilized in the Storichain dApp.
Coin Stats are as follow:
Initial Supply: 4,000,000,000 TORI (4 billion token issued initially)
1 TORI = around 0.0034 ~ 0.0035USD
Sale:
15% Initial Sale 600,000,000
Sale B 10% 420,000,000
Sale C 9% 360,000,000
-Road Map
Storichain has been divided the overall development of the project into 4 stages:
- MVP Central App
- Alpha Platform dApp
- Beta Platform dApp
- Open API & Protocol Launch
At present, this project is in the phase of updating MVP. Starting from 2017, this project aims to be fully developed by the launch of the protocol and the opening of its trade menu.
-Conclusion
Storichain and distributors and to review whether the requirements have been met or not. In conclusion, Storichain is the story of the creation and consumption platform based on the blockchain and the collection of protocols for contracts. This idea requires a lot of input before it can be implemented.
Challenges that must be faced with stress include but are not limited to;
Identify differences between smart contract codes and natural languages.
For more information, please click the link below:
Website: https://storichain.io/
Twitter: https://twitter.com/storichain
Facebook: https://www.facebook.com/storichain
Medium: https://medium.com/storichain
By: The.ojodumeh
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2638115
ETH: 0xdEC485bb3C3265A4CD296E132A59068eba3eD951
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