Futurov: A user owned entertainment aggregator, producer & NFT hub coming to V/AR.
Today we are living in a period where technology is really important for people’s current life. The development of technology has marked a new stage of human development. More modern, smarter, more convenient. But besides the benefits that technology brings, there are also negative effects on our lives. And in this article, I want to share more about the development of the OTT market, it is clear that technology development has stimulated and raised the OTT industry. But the issue that I want to share more deeply is the combination of Blockchain for the OTT market, and as far as I know, no one has really brought a decentralized challenge to giants like Netflix or Amazon Prime and their hundreds of billions of dollars in market capitalization. In the Blockchain market there are a few names that also bring attraction like Theta, Bolt but personally, I have not seen the decentralization of those projects to the OTT market, and the name that I have want to share in this article that is Futurov.
Futurov is a multimedia entertainment platform aiming to build a community governed OTT protocol. They plan to reward platform creators for monetizing their content and providing users with an opportunity to watch various multimedia content. Futurov will allow governance on their protocol with their native asset, FTV, which users can use to vote on all platform decisions. And users on the project ecosystem will get the opportunity to vote through the Futurov Dapp. The burn rate for FTV is 4.269% per transaction, and 50% of the total transaction amount is burned, 25% is allocated to LP, 25% is allotted to the holders. They intend to develop a gamified Defi, where users can learn and earn rewards from playing various games. Futurov aims to provide worldwide feeds with localized and decentralized media and further integrations with YouTube, theta, and LBRY. Additionally, their team plan to build an NFT marketplace that artists can use to launch their NFT cinemas and iconic marks for people to enjoy. They also aim to develop social media and a peer-to-peer review network, which users can use to interact and connect with other members.
Features of Futurov
As far as I know about Futurov, the project is aiming to become the hub of the world’s most creative talent in the film and video industry by empowering everyone from roots too ivory to create powerful, eye-catching and magical experiences. And Futurov will be its own chain and network with the goal of becoming the biggest producer in the world without owning a set or studio. Through decentralized finance and smart contracts, we can achieve everything we set out to do and more. What you are reading is just the tip of the shipwreck iceberg, And Futurov wants to be the first blockchain-based platform that will do that, here are Futurov’s features:
1. NFT launchpad, Marketplace, and VR / AR showcase: Futurov allows upcoming artists to launch their NFT films and iconic brands to launch VR / AR collectibles. This will create a profitable economic system for the participants.
2. Social media & p2p review network: Futurov allows users to be able to interact and review something through the social media platform and p2p review provided.
3. Gamified definition: Futurov allows users, especially beginners, to learn about finance, politics, and crypto projects while playing games.
4. Originals: Futurov allows content creators to be able to create their content with no restrictions and funding support.
5. OTT APP: Futurov allows users to stream comfortably and safely through a live stream application designed by the Futurov team.
6. Meme station: Futurov allows users to enjoy endless memes through a channel that is live 24/7.
7. The Diamond Hands Annual Awards: Futurov allows content creators, producers, and various other stakeholders to compete in the annual awards that Futurov is planning to hold.
Name: Futurov Token
Initial Supply: 8,000,000,000
Final Supply: 1,000,000,000
51% of all revenue generated through all business ops including but not limited to non intrusive ads, NFT sales and Originals will be used to buy back and burn (FTV) until we reach the 1,000,000,000 supply goal. Afterwhich the burning will stop, and the rewards will increase. Of the remaining 49%:
21% sent back to the Originals reserve
23% sent to the community funds for R&D to ensure acceleration
76% redistributed as engagement rewards to creators, distributors & users.
FTV is the governance code of the Futurov platform, and FTV is based on Binance BEP-20. Users can use FTV tokens for different purposes, such as receiving a share of revenue, voting rights and limited edition NFT airdrops, etc. As far as I know, investors can buy FTV tokens through Futurov-supported exchanges or through the Futurov app. Currently, Futurov is organizing to raise capital, and it is not difficult for the project to attract capital for development.
Experience on the Futurov platform:
I don’t know how people feel about it, but as someone who has used a lot of content sharing platforms, I find the completion level of the website to be relatively good. It brings a pleasant to use, and moreover I also noticed the difference when using their services, indeed from the very beginning decentralization is being demonstrated on the platform.
Here’s the site where you can experience the platforms they’re building on:
Overall to bring a completely free service to everyone without KYC, registration or attacking anyone with ads. I know that with Futurov, it will never be possible to hack a phone to collect data, and this is really important in a time when personal data needs to be secured. Those are the most obvious useful points from Futurov, commendable for a project that thinks big at this stage, I think if they get more support in the Blockchain space Futurov is fully capable of becoming one of the most sought after products in the future. But basically, Futurov has also shown that they are fully capable of doing that in the near future.
TELEGRAM GROUP: https://t.me/Futurov
TELEGRAM CHANNEL: https://t.me/futurov_news
Bitcointalk user: fantasticbaby2605 ( https://bitcointalk.org/index.php?action=profile;u=2634533 )