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Filmgrid, Decentralization in the Movie Industry Guarantees Freedom of the Art

The film industry is vicious. Unable to learn from its mistakes, it has fallen into a cycle of sequels, crossovers, and reboots, where the Film Studios financial motivation outweighs any creative new content. Only in a few cases it is possible to appreciate the passion of the artist in the silver screen, it has been worn out mostly by executive layers that suppress originality; instead, adherence is made to over-used formulas and unethical business strategies, where the decision-making power of a project falls on executive producers who have no experience as filmmakers.


Writers with great imagination must settle for writing what the executives request, instead of their own ideas; visionary directors have their hands figuratively tied, using their creativity to meet the expectations of the "product placement" advertiser; talented actors and actresses see the very roles they were born to play, be occupied by artists of lesser stature but with the physique or ethnicity selected by the producer. The world has changed, the viewer has changed. The streaming services are growing, not only as far as subscriptions but also in original content; Millennials are no longer impressed by the industry's attempts to compete with larger screens, specialized rooms and ridiculously high investment in marketing. They are interested in the content, regardless of whether that is television, a computer, tablet or smartphone; the medium is no restriction.


Filmgrid seeks to use technological, operative and ideological innovation to provide a fair commercial alternative, to generate equality between users and to promote art. By getting rid of unnecessary intermediaries, the creation of better films will be promoted. That way the direct participants receive a higher percentage of the profit, and they receive it sooner.

Introducing Filmgrid, Decentralization in the Movie Industry Guarantees Freedom of the Art

Filmgrid is a peer-to-peer platform for commerce, streaming, and financing of independent films and series over the Internet. Of decentralized nature, removes all movie theaters and film distribution companies as intermediaries, allowing a fair distribution of profits among the film's creators, which at the same time allows for a reduction to the cost of the offer to the public. The platform is divided into two main segments: the "Billboard", a billboard showing the films registered in Filmgrid for sale; and the "Pitchboard", where film ideas and on-going film projects can seek financing. Each film or film project registered will have its individual page where all the relevant information can be found; this space can be used by the Creative Team to convince and sell their product to Users. As you can see on https://filmgrid.space/.


Developing the Project Filmgrid using Blockchain Technology

Developing the project Filmgrid using blockchain technology is the logical move to make, the decentralized nature of this new technology is a perfect fit for the principles/tenets behind Filmgrid. Furthermore, it can solve problems that traditional centralized technology cannot, particularly issues of censorship, intermediaries interference or trade transparency for example. Perhaps its greatest attribute is the level of trust that it allows generating between users. This trust is the base for the proposed business model. Details on https://filmgrid.space/.

Due to the challenges Filmgrid platform must face, three different areas must be managed by the same decentralized application; each with a particular function in mind:
  • User Identity. For users to manage the information they are willing to share, and so the platform may identify the level of participation according to KYC rules.
  • Transactionality. This blockchain provides distributed, immutable record with built-in integrity checking. Every sale, gift or voting that happens in the platform is recorded in here; smart contracts will live here as well.
  • Movie File Storage. To provide integrity verification for movie files, Filmgrid will store the data off-chain and store a hash of the data on-chain. This guarantees that the data is not being modified while protecting the blockchain from becoming bloated.


Filmgrid’s decentralized application (DApp) is the program that exists and runs on the proposed P2P network of computers, placing it outside the purview and control of a single authority. don't forget to also read Filmgrid's whitepaper for more details here Whitepaper.
  • The DApp will, among other functions:
  • Verify the Identity and User Level.
  • Show Billboard Content.
  • Show Pitchboard Content.
  • Display the Votes and Results.
  • Processes Transactions.
  • Stream Movies.
  • Generates Access Keys.
  • Manages Content Access.
Smart Contracts are self-executing contracts (programs), stored on the Blockchain, which nobody controls and therefore everyone can trust.

Smart Contracts that will live in the Filmgrid blockchain (but not limited to):
  • Production Fund Management. Will secure and manage the funds in ETH, so that they cannot be withdrawn or tampered by anyone, including Filmgrid staff. Once the funds have been received, they can only be withdrawn by the “Pitchboard Voting” smart contract.
  • Pitchboard Voting. Users may cast their votes per project, the smart contract will keep track of those votes, determining the winning projects in descending order; funds are then extracted from the production fund and deposited in the wallet of the corresponding Creative Teams managed by the “Disbursement of Funds” smart contract.
  • Disbursement of Funds. Funds are distributed according to the work plan proposed by the Creative Team as well as the percentages registered for each member in such a plan.
  • ERC20 Token. Utility Token for exclusive use in Filmgrid platform.
  • Pool Investors Disbursement. Very similar to the “Disbursement of Funds” smart contract, with the difference that a user’s share of participation is automatically allocated in direct relation to the percentage they granted for the financing of a film.


Reduce the Need and Willingness of a Spectator to Consume Non-original Material

Eradicating piracy is impossible. To think otherwise is simply innocent, instead, Filmgrid must concentrate their efforts on preventing it. The proliferation of the availability of pirated movies in the Internet era complicates the situation, but only if one thinks about the current paradigm; Filmgrid is convinced that with Filmgid's business model, Filmgrid can considerably reduce the need and willingness of a spectator to consume non-original material. In the first place, by maintaining diverse means of acquiring films, as well as affordable and truly accessible prices for a greater part of the population, Filmgrid believes that users would be motivated to choose the original material. By adding Filgrid's social network to the equation, a sense of obligation is also added to the Creative Users. And second, the movies will be stored using the power of cryptography and you can only access the video file using the user's Private Key.


Filmgrid’s Functionality, as well as Filmpass

Filmgrid’s functionality, as well as filmpass, are contingent upon:
  • The Ethereum protocol. Any malfunction or exception to Ethereum’s standard functioning may result in the malfunctioning of Filmgrid as well as filmpass.
  • Legislations and Regulations by authorities in the Purchaser’s country of residence. Legislations and regulations may include but are not limited to; restrictions on the use, sale, or possession of digital tokens.
  • Becoming widely accepted by viewers and creators alike. The contrary may have a negative effect on the value of filmpass, and thus jeopardize Filmgrid’s ability to operate.
  • Cybersecurity. Cyber attacks, temporary security weaknesses, hackers, groups of hackers and even Identity Theft may have a negative effect on the value of filmpass, and thus jeopardize Filmgrid’s ability to operate.
  • Technological Advance. Technological advances in Quantum Computing, Cryptography or any new technology can potentially result in the theft, loss or hacking of filmpass, and thus jeopardize Filmgrid’s ability to operate.
  • Unanticipated risks and/or combinations or variations of the above-mentioned risks, as well as the emergence of new unknown risks which can result in the malfunctioning of Filmgrid and loss of filmpass.

Join their Social Media:
🔹 Telegram: https://t.me/filmgrid


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The Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on our Site constitutes a solicitation, recommendation, endorsement, or offer by CCA or any third party service provider to buy or sell any securities or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.




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