0x0fd901ba…7a35sent to0x0831172b…d7e7·#15,383,081·view on Etherscan
{"projectName":"KINO","shortDescription":"Problem: \nThe film industry is very centralized. The big production companies are not only the ones who are calling the shots on which movies get made and which actors/actresses get to play a role in their movies, they also control the financial outcome for all the involved parties (actors and screenwriters included) to a high degree by practices known as „Hollywood accounting“. This centralization of power has lead to those big companies being able to force creatives into unfavorable deals they would otherwise never agree to sign, like giving up ownership of their work to a big studio or agreeing to a very small share of the profit, should the movie become a success.\n\nSolution:\nKINO is providing a platform for film makers to raise money for the production of their movies through NFT sales. By this, the ownership and therefore the profits generated are distributed among those that are actually working on the project and the investors.\n\nKINO offers three types of NFTs for investors to buy:\n\nEXPERIENCE: They act as passes to exclusive experiences (invite-only parties, red-carpet \t screenings etc.)\n\nCOLLECTIBLE: Buy physical and digital art pieces from the movie, like props used on screen\n\nINVESTMENT: Those are basically shares in the film project. The profit generated by the \t\t\t\tproject will be distributed among the holders.\n\nFurthermore, KINO is currently selling their Founding Member NFT for 1 ETH, which gives early access to NFT sales of upcoming projects and also grants access to the annual invite-only KINO event.\n\nWhat is being proposed?\nI propose to split up the 13 ETH of investment into five Founding Member NFTs and save the remaining 8 ETH to buy INVESTMENT NFTs once the first movie projects drop on the website. The movies to be invested in will be decided by a snapshot vote.\n\nThe project is suitable for investment by Cult DAO due to its aim being the decentralization of a niche that is currently extremely centralized and run by a few at the expense of many hard working creatives.","file":"https://www.kinoapp.xyz/_files/ugd/65c825_93f265daf22548d890ac246d9fa3f31e.pdf","socialChannel":"https://www.instagram.com/kinoappxyz/\nhttps://twitter.com/Kinoappxyz\nhttps://www.linkedin.com/company/kinoappxyz/\n","links":"-","range":0.25,"rate":"0","time":"Day","checkbox1":true,"checkbox2":true,"wallet":"0x8A911f4c88a1A4271F59a2C2AdEcbd0274e1C5A9","guardianProposal":"Carlton Bags","guardianDiscord":"@CarltonBags","guardianAddress":"0x0fd901bAC3530D7f2C66293BC763Ba63312A7a35"}