Qravity is a multi-functional tool for decentralized premium content creation with its own ecosystem, project management tools, and digital storefront.
Qravity cofounder and CEO David Brandstaetter to discuss his project, the benefits it provides the community, and the state of the cryptocurrency market as a whole.
Qravity is a digital entertainment production and distribution platform where decentralized creative teams get royalties for making movies, games, music, and more.
Brandstaetter: The platform covers a lot of different aspects, Qravity is a multi-functional tool for decentralized premium content creation; it also has its own ecosystem, project management tools, and digital storefront.
Creatives working in the content creation industry don’t usually receive their fair share of the revenue their work helps generate. In some respects, the industry operates in a way that discourages or even actively prevents new talent from entering it. At the same time, producers of larger projects like feature-length films need to find and hire creative team members; they also need to have distribution and marketing plans for their finished products in place. Qravity covers all these aspects and more.
Producers, or project founders, will be able to submit their content proposals to Qravity, where curators and, in the near future, community votes, will decide if and when a project will go into production on, and get distributed through, the platform. Once their project has been approved, a founder can set up the tasks required to complete their movie, video game, application, or other digital media. Task setup includes the allocation of project stakes in the form of QPT, the platform’s internal token, which tracks task progress and determines the revenue share that creators receive for task completion.
Content creators who have registered with Qravity can then offer to complete tasks for projects that interest them; alternatively, project founders can search the platform to assemble creative teams and assign tasks to each member. In this respect, Qravity functions like a job board.
The platform offers team communication tools, as well as the ability to upload, track, review, and revise task results. When a content creator completes a task, they immediately receive the QPT allocated to it. Based on the amount of QPT they hold, team members receive micropayments in the form of our external token, QCO, every time the content they helped produce is purchased.
Steemiter, what do you all think about this new project?
