About MovieBlock (MBL)
MovieBloc is a decentralized, Ontology blockchain-based platform for content hosting and distribution with the goal of introducing transparency and fairness into movie streaming. The platform allows for transparent revenue sharing, audience data, and equal screening opportunities for all creators.
Filmmakers and content creators upload their work on the MovieBloc platform. In this platform, smart contracts manage both revenue sharing and rights management. Smart contracts ensure that the creator is paid appropriately, and everything is transparent. People use MBL tokens to buy content, tip, and pay for a number of services. It is a platform where viewers can participate by simply viewing, giving feedback, and rewarding the creators through MBL tokens.
In 2023, MBL partnered with DWF Labs, a global Web3 investment company, to leverage their resources and network to promote growth and awareness of the MovieBloc platform, which aims to create a community-centric future that rewards valuable contributors.
Notable partnerships of MovieBlock include, Ontology for blockchain infrastructure, Klaytn for expanding blockchain capabilities, and KMPlayer to provide seamless access to content. Pandora TV and Treasure Hunter facilitate content variety and distribution, while Cobak supports community engagement of cryptocurrency holders. MovieBloc seeks to collaborate with a huge number of independent filmmakers, studios, and content creators globally to enrich its content and increase the scale of the revealed film-positioning. The company holds quarterly film festivals whose top entries are compensated with MBL tokens to be utilized on its platform, hence providing them with increased visibility.
MBL is the native token of the MovieBloc ecosystem. Primarily, it is used for various transactions and participating in community governance. The current price of MBL is updated and available in real time on Binance.