MovieBloc

Halal Rating :
Comfortable
Last Price $0.0035 Last updated:
Rank 600
1D Change -4.14 %
Market Cap $63.18m
Circulating supply 18,195,887,214
Maximum supply 30,000,000,000

Crypto Overview

Categories
  • Media
  • Content Creation
  • Video
  • DWF Labs Portfolio
  • ONT Ecosystem

Project Overview

MovieBloc is a blockchain-based film distribution platform that aims to create a decentralized ecosystem for movie and content distribution. The platform enables content creators to distribute their work directly to viewers while receiving fair compensation through the MBL token.

Intended Purpose

The MBL token serves multiple utilities within the MovieBloc ecosystem: It's used for content purchases, creator rewards, advertising payments, and governance participation. Content creators can receive MBL tokens directly from viewers, and viewers can use tokens to access content and participate in platform governance.

Business Model Analysis

MovieBloc's business model focuses on legitimate content distribution and fair compensation for creators. The platform explicitly prohibits adult content and other non-halal material. The revenue model is based on direct payment for content rather than interest-bearing mechanisms.

Real-World Adoption

MovieBloc has established partnerships with notable entities in the film industry and maintains active development. The platform currently hosts thousands of movies and shows, with real usage for content distribution and consumption. Integration with KMPlayer, a popular video player, has expanded its reach.

Token Distribution and Governance

The token distribution includes allocations for development, marketing, and ecosystem growth. While a portion is reserved for the team and advisors, there are vesting schedules in place to prevent immediate selling. The project maintains transparency in its token economics and development progress.

Crypto Impact

To assign a comfort level investing in MovieBloc from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to MovieBloc.

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