Participants:

Community— @satoshi_club

Chris Kang – Founder and CEO of MovieBloc

Part 1

The community has sent in advance 200 questions. 5 questions that were selected will be answered here.

First Question

Serg:

It belongs to @sicxa

Are there any new partnerships and interesting upcoming use-cases?

Chris Kang:

Thanks for your question @Sicxa

We actually just announced our acquisition of Cobak, Korea’s biggest ICO Platform / community. It was a huge news in Korea, especially in Crypto market 🙂

Beside this acquisition, we do talk with more Korean film distributors to acquire more content from them. We do believe we will be able to stream new films on our service by the end of March.

Right now, users can pay with MBL to watch films on moviebloc.com, and in the end of first quarter, we will add an event feature ‘MovieBloc PICK’ which will be very similar to Biance voting. It is voting for better films every week to win the bounty, and the MBL holders or bigger contributors to the ecosystem will have more votes to win more bounty 🙂

Irina Kravchuk:

Is the distribution on your platform only?

Or also in physical locations?

Chris Kang:

Yes, but we do have some channels on other online platform, especially some Chinese channels, too.

Upon the distributor’s agreement, we will also stream their film on those platforms too.

We try to focus more on the online streaming, but irregular offline screening could be a fun event that can be mixed with our offline meetup!

Second Question

Irina Kravchuk:

This is a question from @iulya_i 

How many people use your platform at the moment?

Chris Kang:

Hello @iulya_i

Our platform is only a two month old, so it is at its very early stage.

Nevertheless, we have about 10,000 users, and i think this fast growth was only available thanks to our community’s support.

We will also use KMPlayer to promote the service to our existing users, and hope to have more growth on our platform user base quickly!

Irina Kravchuk:

Wow. 10k users in 2 months is a lot.

Chris Kang:

Couldn’t done it without the community members’ support 🙂

Irina Kravchuk:

How will the partnership with KMPlayer work? Streaming directly in their software?

KMPlayer is my favourite player, by the way. The colours and sound is better than on any other desktop player software.

Chris Kang:

In the later phase of the cooperation with KMPlayer, yes.

We will start from simple and small cooperation first. Pushing some of the featured content with the banner on KMplayer would be the example.

However, we are very careful on this content pushing, as we do not want to negatively affect KMPlayer users’ experience watching their own content 🙂

Third Question

Serg:

It belongs to @mladen_zivkovic

Is the platform fully functional? Do creators already get rewards for their posted work there?

Chris Kang:

The creators can get reward for their work, yes. As said earlier, there are some few features keep being added to this service, and the service is getting more and more stable.

The word ‘fully functional’ is quite tricky since we do expect more features to be added on our platform haha.

Irina Kravchuk:

What other features are there now for both creators (video and subtitles) and consumers?

Chris Kang:

From this Monday, we allowed individual users to upload their own films or videos to MovieBloc.com, so the platform is becoming more and more open to the public and the filim creators.

The revenue sharing has been functioning perfectly since the beginning.

If you are an audience and can help with the translation, he or she can provide the localized subtitle to that content, and earn 5% of the creator’s revenue. We already see a user uploading her localized subtitle to some of Korean films we have.

Irina Kravchuk:

5% for all translators or for each one?

Chris Kang:

for each one, only if his or her subtitle was used by the audience to watch the content.

Fourth Question:

Irina Kravchuk:

How do you technically ensure that a video/ movie that is posted on your platform won’t be stealed/ copied and used somewhere else? @endtimeprophet

Chris Kang:

A great question @endtimeprophet 🙂

All the movies uploaded to our service are fragmented to every minute, and have DRM. Even our team won’t be able to have the full file version. Once the payment is made, then the user gets the access to view the video.

It is not easy to explain this as a non-tech guy, but we do provide a good level of protection for the uploaders’ work 🙂

Fifth Question

Serg:

Why did you choose a blockchain solution instead of a traditional one for MovieBloc?  @crypto_monkk

Chris Kang:

Glad you asked! @crypto_monkk

Few synergy points we expect when blockchain is applied to content distribution platform.

1. Transparent revenue share

2. Encouraging and rewarding the users’ contribution

3. Safer copyright management

4. Faster and cheaper revenue settlement for the uploaders, especially for cross-border transfer

Part 2

The community posted hundreds of live questions for 3 minutes in the Telegram group. Chris have chosen 5 best questions to answer.

First Question:

Edgardo Tico:

Can you explain about theTheta integration going live in MovieBloc platform?

What is the role of Theta in MovieBloc ecosystem?

I support MovieBloc in Binance coin listing

20 votes i reserve for you

Chris Kang:

the Theta integration going live in MovieBloc would be around the corner. If you checked the “My Bloc”-> Wallet page, you will see one logo added to your wallet 🙂

We have discussed and communicated with Theta’s team and Mitch for over a year now, and since we do have a functioning platform, we believe the time to adapt Theta is approaching quickly 🙂

It will help us to reduce the CDN and streaming cost and share more with the creators and users.

Second Question

Oathbreaker:

What are some of the major achievements that MBL has achieved and what milestones are planned ahead in the next 6 months, 1 year and 5 years?

Chris Kang:

MovieBloc has been less than a year, and we achieved a lot: listing on major exchanges, launching the service, Cobak acquisition, partnership with great global projects and film & content entities.

We announced 2020 1st half roadmap on our medium, which is about detailed function of MovieBloc.com service. We will also launch the fundraising feautre on MovieBloc.com in the 2nd half of 2020.

In the long term, we want MovieBloc.com to be the place where a talented rookie filmmaker can gain his or her fame and rewards in the film industry. Like said earlier, the next Oscar could be the director who used to upload his or her early works on MovieBloc!

Third Question:

Dalmasca Blockchain:

I am Video content creator on Youtube, I want to move into MovieBlock platform, what should I need to do?

Any requirements?

Chris Kang:

Thanks for considering uploading your videos on MovieBloc!

It is an open platform, and as long as you have your “own” videos, there aren’t any requirements.

However, we do only publish videos that are considered as “films,” “TVshows” or videos with some kind of storytellings.

Fourth Question:

S.A.M. Crypto Trader:

I use KM Player from 3 years when i was not in crypto ! So, like me many users still use KMPlayer of MovieBloc.. But, they are not aware with Blockchain & MovieBloc platform!

So, How MovieBloc platform create awareness to KNPlayer users about Moviebloc as well as Blockchain technology?

Chris Kang:

Great to find another KMPlayer user here! We actually are opening and pushing MovieBloc to KMPlayer users small by small.

We are approaching to these useres in different ways, with banners, pop ups, background images to find the best and most efficient way for KMPlayer and MovieBloc.

Please stay tuned with KMplayer and you will see MovieBloc is up there pushing some featured movies to you!

Chris Kang:

Now I think i have last question to answer. Our whole team and CM are also watching this AMA and are reallly impressed with the questions. Very insightful. We will try to answer more on our Medium channel after this session 🙂

Irina Kravchuk:

We’ll give you a list with all the questions guys, from the part 1 also. Surelly you’ll get great feedback/ ideas in them.

Fifth Question:

Nguyễn Duy Bảo:

Last time I gave VOTE to DREP because they had a very good ecosystem, so why should I VOTE for MovieBloc instead of V-ID this time? What is MovieBloc stand out from similar projects?

Chris Kang:

Great to know you will be participating in this vote round. I wasn’t able to study VIDT project close enough, so I will just emphasize our strength 🙂

We have a strong background company KMPlayer (500 million monthly playback), streaming tech and experience on PandoraTV (A video platform for 15 years)

We are officially backed and supported by our crypto partners Ontology, Nebulas, Tomochain, Contentos, Theta, which are all already on Binance.

MovieBloc only had less than a year, but we were able to accomplish many milestones, and with our partners and background company’s asseets and assist, the future of MovieBloc is always bright! 🙂

Irina Kravchuk:

Great. Thank you for the answers and for your time @yeonkang . It was a great discussion.

Serg:

Thank you Chris!

Chris Kang:

Thanks for organizing this @Iri_kravchuk and @sspurss 🙂 and thank you all for your participation Satoshi Club!

Have to say, you guys have the best community name lol

Congrats! Satoshi CLUB x MovieBloc AMA Winners.

They will share a bounty pool of 200 USD (MBL)

Part 1 Winners:

@sicxa

@iulya_i 

@mladen_zivkovic

@endtimeprophet

@crypto_monkk

Part 2 winners:

@Leralover

@oathh

@Agz18

@duybaoxzx

@sam_cryptotrader

Part 3 winners – AMA QUIZ

Question 1 Winners:

@teshiagates

@huydo

@cattaccat

@Bitcoin_warrior

Question 2 Winners:

@cattaccat

@hg144

@Swapanpal1009

@rein_hard

Question 3 Winners:

@Mjsg98

@cattaccat

@dumontiskooo

@srksalman96

Question 4 Winners:

@Bitcoin_warrior

@LeridaGUADA

@NO4M3

@dumontiskooo

Question 5 Winners:

@NO4M3

@hg144

@murderrat

@Miles_toyo

Part 4 winners – Registration contest on moviebloc.com

@Magoy12

@jacob1

@Hasankpi

@akiraduy

@chrismutan

@endtimeprophet

@howaq

@an442018

@zepet

@yesspapa