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- #024: Introducing Decentralized Movie Streaming on Cardano
#024: Introducing Decentralized Movie Streaming on Cardano
PLUS: NMKR's Contribution to the Platform
Welcome to This Week In Cardano
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Hi Cardano Community,
Welcome to This Week In Cardano - your daily Newsletter covering the major updates in the Cardano Ecosystem!
This is what we have for you today:
🎬 Introducing Decentralized Movie Streaming on Cardano
🔥 NMKR's Contribution to the Platform
💎 Gem of the Day
´
This Week In Cardano
Your Daily Newsletter covering all major events happening in the Cardano Ecosystem
Introducing The First Decentralized Movie Streaming on Cardano
Decentralized Streaming Platform on the Horizon
NMKR and nucast have joined forces to create the first decentralized movie streaming platform on the Cardano.
nucast aims to give creators more control over their content and provide consumers with more freedom to buy, watch, and resell the content they want.
By using blockchain technology and NFTs, nucast is set to revolutionize the way we think about film streaming.
Native Video NFTs: Security and Flexibility
One of the key features of nucast is its use of native video NFTs.
These NFTs are encrypted videos stored on the blockchain, providing a secure way for users to stream content anywhere, anytime, in a decentralized manner.
This allows for a more flexible streaming experience for users and gives creators more control over their content.
Seamless Experience and Monetization Opportunities
nucast will offer a seamless streaming experience for users, allowing them to buy video NFTs directly from the platform.
They will also be able to resell their video NFTs at any time, providing a new monetization method for creators.
This feature is one of the ways in which nucast aims to help creators maintain better control of their content and to allow for better monetization options that do not require the use of a large intermediary.
NMKR's Contribution to the Platform
NMKR will be providing three ecosystem building blocks to the nucast platform:
Initial minting via NMKR Pay
Secondary market via NMKR Store
Easy onboarding of non-crypto people via the upcoming NMKR Account
These tools will help bring real intellectual property into the Cardano ecosystem and make it more accessible to creators and consumers.
The Future of Film Streaming
Our partnership with NMKR has the potential to revolutionize the future of film streaming. We share a common goal of returning control and authority to creators, builders, and consumers with the security of blockchain.
The partnership between NMKR and nucast has the potential to change the way we think about film streaming and could revolutionize the film industry as we know it.
Their go-to-market strategy is to focus on content creators who wish to deliver their content on-chain and bring real IP into the Cardano ecosystem and then expand to targeting larger production houses, directors, and content creators prominent in the Web2 film world.
It's an exciting development that is worth keeping an eye on as the companies continue to work towards launching their decentralized movie streaming platform.
Interested in sponsoring this Newsletter?
💎 Gem of the Day 🧵
⛓️ The #Cardano sidechain toolkit was previewed at #IOScotFest, and we’re happy to share the first iteration is out now.
Here’s the lowdown on this exciting new project!
— Input Output (@InputOutputHK)
3:59 PM • Jan 12, 2023
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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.
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