MovieBloc
Current price
$0.000705
−4.73%24h
LiveUpdated 28s ago
TodayMovieBloc falls 4.7%, trailing the market.
Scroll to zoom · drag to move · ← → to read pricesPinch to zoom · press and hold to read prices
View as table
| Time | Price |
|---|
Change by period
- 1 hour−0.28%
- 24 hours−4.73%
- 7 days−6.25%
- 30 days−6.11%
- 1 year−55.84%
MovieBloc's move in context
Lagging the market today
−4.73% today against −3.27% for the market as a whole, a gap of 1.5 points. Small gaps like this are common, so they don't point to anything specific.
Part of a slide
−6.2% over 7 days and −6.1% over 30 days: the recent move continues the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
About MovieBloc
Overview
MovieBloc is a blockchain-based cryptocurrency designed specifically for the film and entertainment industry. Its core mission is to democratize the film distribution process by creating an ecosystem where stakeholders such as filmmakers, distributors, and viewers can interact in a decentralized manner. By leveraging blockchain technology, MovieBloc aims to eliminate intermediaries, reduce costs, and increase revenues for content creators while providing users with seamless access to films and related content. Distinguishing features include a unique revenue-sharing model that incentivizes both creators and viewers, allowing users to earn rewards by engaging with the platform.
Technical Features
MovieBloc utilizes a multi-chain architecture that allows it to operate across different blockchain networks. Its consensus mechanism is based on Delegated Proof of Stake (DPoS), which enhances transaction speeds and scalability while maintaining a high level of security. The platform employs smart contract functionality that automates film distribution agreements and ensures transparent revenue sharing among participants. MovieBloc also features an innovative algorithm for content recommendation based on user preferences, which leverages machine learning to enhance user experience. Additionally, the platform emphasizes user data privacy by implementing robust encryption protocols, ensuring that user interactions remain secure.
Use Cases
MovieBloc has several primary use cases within the film industry. One of its main applications is in decentralized finance (DeFi), where users can stake MovieBloc tokens to earn rewards and participate in governance decisions affecting the platform's future. The platform also provides a marketplace for non-fungible tokens (NFTs), allowing filmmakers to tokenize their works and sell them directly to consumers. Cross-border payments can be facilitated in a frictionless manner using the MovieBloc token, making it easier for international collaborations and transactions. Furthermore, MovieBloc aims to serve as a platform for smart contracts, automating rights management and royalty distribution in a transparent and efficient way.
Development Background
MovieBloc was founded in 2018 by a dedicated team of industry professionals and blockchain enthusiasts who recognized the challenges faced by independent filmmakers. The project gained significant traction through partnerships with various film festivals and distribution platforms. Notable contributions from organizations in the entertainment sector helped to accelerate the platform's development. Since its launch, MovieBloc has achieved various milestones, including successful pilot projects with prominent filmmakers and integration with popular streaming services, which have validated its business model and technological approach.
Community and Ecosystem
The MovieBloc ecosystem is supported by a vibrant community of filmmakers, enthusiasts, and blockchain advocates. The project has established strategic partnerships with film production companies, educational institutions, and technology firms to foster innovation within its ecosystem. Various applications, including film distribution platforms and decentralized finance tools, have been built around the MovieBloc token. Community engagement is strong, with regular webinars, hackathons, and meetups organized to educate users and developers alike about the benefits of using MovieBloc in their projects.
Future Potential
MovieBloc's potential impact is significant, as it aligns with the increasing demand for decentralized solutions in content distribution. With its unique technological framework and focus on user engagement, the platform is well-positioned to adapt to emerging trends in the entertainment industry. Upcoming features in its roadmap include enhancing its NFT marketplace, improving user interface design, and expanding partnerships with international film festivals. By continuously evolving its technology and broadening its scope, MovieBloc has the potential to reshape the landscape of film distribution and empower creators worldwide.
MovieBloc market
- Position by market cap among the coins we track.
- #344
- Position by market cap among the coins we track.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $13.92M
- Price × coins in circulation. It measures a coin's size, not its quality.
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- Low $0.000693High $0.000743
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- $0.0450
- Now 2% of itReached 2 Apr 2021 · Needs +6,288% to get back
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- Coins that exist now and can be traded.
- 19.75B MBL
- 66% of max
- Coins that exist now and can be traded.
- Every coin created so far, minus any destroyed, including coins that are locked up.
- 30B MBL
- Every coin created so far, minus any destroyed, including coins that are locked up.
- The most coins that can ever exist. Some coins have no limit.
- 30B MBL
- The most coins that can ever exist. Some coins have no limit.
MovieBloc converter
1 MovieBloc = $0.000705
