Entertainment is a form of activity that holds the attention and interest of the audience or provides fun and excitement. This can be an idea or a task, but it is more likely to be one of those activities or events that have evolved over thousands of years specifically for the purpose of keeping the audience's attention. by different things, because individuals have different preferences in entertainment, most of the forms are recognizable and known. Entertainment and media industries generate over two trillion dollars of annual revenue worldwide. US $ 712 billion is the largest entertainment market followed by China at $ 190 billion and Japan at $ 157 billion.
Music, drama, dance and various types of performances exist in all cultures developed into sophisticated forms and over time become available to all citizens. This process has been accelerated in modern times by the entertainment industry that records and sells entertainment products. Entertainment evolves and can be customized to fit any scale, from an individual who selects personal entertainment from pre-recorded product sequences to public entertainment for a global audience.
Slate Entertainment Group is the parent company of Binge Media Corporation and Slatix Solutions.Each of two operating subsidiaries are assigned specific tasks related to the development of a new entertainment ecosystem. One that will impact many sectors such as movies, streaming media, electronic tickets, cinema , concerts, dramas, sporting events and more.
Slate Entertainment Group Inc. or SEG is an amalgamation of entertainment, business and technical expertise. Armed with the strategic vision and tools necessary to implement, it intends to develop a multi-layer entertainment ecosystem supported by blockchain technology and driven by cryptocurrency designed for mainstream adoption.
SLATE is a blockchain-based entertainment utility protocol supported by cryptographically safe multilayer networks. The decentralized system will produce high-definition, high-speed and high-definition video globally and facilitate live event tickets in blockchain. Consumers will be able to spend SLATE cryptocurrency (SLX) on some of the world's best entertainments on offer. The use of SLATE allows fair and transparent compensation between manufacturers content, producers and distributors. Content creators are fairly compensated and consumers get higher quality entertainment. Tickets purchased with SLATE will fabricate, virtually eliminating fraud. Service providers holding SLX can generate more by storing and submitting content https: //slate.io/
The mission of SEG is to disrupt the entertainment industry using a combination of technology and integrity. SEG is looking to show how non-profit businesses that operate with the company's conscience can achieve greater rewards for everyone connected to the Ecosystem. Binge introduces BVOD or Blockchain Video on Demand, a premium streaming platform the first decentralized utilizing the power of distributed ledger technology. For streaming media streaming platform Binge, blockchain technology facilitates streaming content and analytic transparent behavior that expresses consumer appetite. Binge transparency model is the first entertainment industry. Binge will provide real-time revenue sharing between content providers and creators, while mediating access to valuable data and network analytics that enhance content development.
The vision to be conveyed in this platform is that every two operating subsidiaries are assigned specific tasks related to the new development of the entertainment ecosystem. One that will impact many sectors such as movies, streaming media, electronic tickets, cinemas, concerts, dramas, sporting events and more.
FOR MORE INFORMATION VISIT LINKS BELOW
Whitepaper: https://slate.io/Slate_Whitepaper.pdf
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