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STORICHAIN ​​- share your stories and manage the distribution of intellectual property!


Hello Members of Storichain Community!

Thanks to your support and participation, we completed our last Storichain Early Bird sale. Thank you again for your continued interest and encouragement.

The most valuable resource in the world is no longer oil, but data! Our community is changing, attracting and popularizing cryptocurrencies in the world, because this area is based on the blockchain technology, where everything is transparent, honest and safe. Cryptocurrencies are quickly gaining the position of the world community - quotes are steadily growing, which causes a growing interest of users. Cryptocurrency is a type of digital currency, the creation and management of which is based on cryptographic methods of processing information. Cryptocurrency is an alternative to Fiat money. Everything is transparent here, as far as possible, projects are based on blockchain technology - a distributed database that performs instant transfers, you do not need to wait for confirmation of transactions, as in the case of banking operations, there are no unnecessary costs, and this technology protects against fraud. The decentralized region has great potential for development in almost all sectors of the economy. Decentralization is a key feature of the blockchain application. Storichain https://storichain.io/ also monitors blockchain technology. Storichain seeks to embed the blockchain into history, to create a world in which all participants can feel satisfaction, taking on some of the responsibility.

Overview

Storichain is a global project that provides a partially decentralized dApp and a shared protocol for the story industry to solve the problems of the story industry through blockchain characteristics. The term ‘Story Industry’ refers to the industry which uses ‘stories’ as a source of their products and includes areas such as movies, dramas, web novels, web dramas, plays, musicals, and radio dramas. 

Currently, the market size of the global digital content industry is nearing 1.4490 trillion (1) and is predicted to maintain a high 10% growth rate for the next 5 years to reach the $2.4 trillion mark in 2021. In the case of South Korea, the market size is about 14.5 trillion KRW.

Feature of Storichain
  • Optimized: for creators Co-work/Co-write/ Contract between writers, Weekly ompensation and APIs for 3rd party contens providing company.
  • Easy-Use: Anytime, anywhere you want to tell a story. An easy and fast writing platform.
  • Matching Partner: Writer Matching / Collaboration Agreements / Job Statistics / Update Notifications.
  • Participating in: Platform for readers to participate in works, become writers themselves, create stories, and participate in them.
  • Transparent: A platform that rewards participants fairly and transparently based on their contributions.
  • Global Platform: A global platform that can be translated, marketed, or even copyrighted for global expansion.

The potential with the blockchain

Compared to existing technologies, the potential of blockchain-based platforms relies on the ability to record and distribute a single, immutable version of the truth to multiple parties. This is particularly useful to improve the efficiency and effectiveness of an industry’s value chain.

In most business-to-business transacting, firms spend much of their money, time, and effort making sure that the data sent from another firm is legitimate, and that it accurately reflects the facts and history of transactions and arrangements between them. What if all firms in a value chain had the same version of the facts and contractual arrangements, and they all knew that the others are looking at the same version, including updates? In such a transparent business environment, the focus can turn to doing business and adding value, rather than on verification of facts and settlement of transactions.

Market Prospects
  • Japan’s Ministry of Economy, Trade, and Industry predict that the blockchain-based content market will be worth 130 trillion 1 KRW
  • by 2020. When limited to the transaction of the copyrights to approve production of derivative work based on a story such as
  • movies, dramas, webtoons, and web novels, the global market is expected to be 45 trillion KRW, and the Asian market is estimated
  • at 12.5 trillion KRW. Meanwhile the Chinese webtoon and movie market is showing an explosive growth rate, doubling the size every
  • year. The digital film market is estimated at 44 trillion KRW, of which less than 1% raise production costs through crowdfunding.
Application of Blockchain in Storichain

There are two kinds of intellectual property rights for stories. The first one is the ‘Master Rights’ which has the concept of ownership, and the other one is ‘Publishing Rights’ which is operated under the concept of licensing. If the owner of the story decides to ‘share’ a part of his ownership with others, the story is highly likely to become a ‘common good,’ allowing others to create derivative (secondary, tertiary) work using the source story. For example, the Bible and the Koran are a type of ‘story commons,’ which allowed the creation of numerous stories derived from its original story.

Storichain has watched the blockchain technology securing the trust among participants, and expanding its boundaries to unforeseen territories. Blockchain provides trust beyond borders and ideologies, helping many industries to simplify the problems they have faced in the past and providing new solutions. The Storichain is seeking to introduce blockchain into the story industry to create a world where all participants can feel satisfaction while taking their part of the responsibility. To implement this philosophy step by step, we will now pinpoint the current problems of the industry to find new solutions.

ICO details

Storichain utility token is named as TORI. All on chain transactions/funding will be done using TORI. It is an Ethereum ERC-20 token. It has high utility and value within the ecosystem and can be used for various services and can allow owners to buy digital items and voting right within the network. This token can be bought from a listed exchange and can be utilized in the Storichain dApp.

Initial Supply: 4,000,000,000 TORI (4 billion token issued initially)
1 TORI = around 0.0034~0.0035USD

Sale:

Initial Sale 15% 600,000,000
Sale B 10% 420,000,000
Sale C 9% 360,000,000

Token Distribution:

– Team / Advisor 13%
– Company 11%
– Marketing / Partner 7%
– Reserved 15%
– Eco Pool 14.5%
– Airdrop 5%
– Sale 34%

Storichain is a platform where readers could react using reaction buttons as an engagement and get rewarded by doing over time. This process increases community engagement which tends to be a healthier, livelier platform. They could also buy their reward tokens for purchasable contents.


For more information

Website: https://storichain.io/
Telegram: https://t.me/storichain_en
Twitter: https://twitter.com/storichain
Medium: https://medium.com/storichain
Facebook: https://www.facebook.com/storichain
Whitepaper: https://drive.google.com/drive/folders/1s902dyb4msuSu4dcg-9tlqE8vVcxC2Kb

Author: passdown 
Link: https://bitcointalk.org/index.php?action=profile;u=2540813
STORICHAIN ​​- share your stories and manage the distribution of intellectual property! STORICHAIN ​​- share your stories and manage the distribution of intellectual property! Reviewed by haw on July 18, 2019 Rating: 5

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