STORICHAIN ​​- share your stories and manage the distribution of intellectual property


Introducing Storichain,

Storichain is a global project that provides a partially decentralized dApp and a shared protocol for the story industry to solve the problems of the story industry through blockchain characteristics. The term ‘Story Industry’ refers to the industry which uses ‘stories’ as a source of their products and includes areas such as movies, dramas, web novels, web dramas, plays, musicals, and radio dramas.

Storichain can be seen as a digital historical asset management system that allows people to make online transactions even with unreliable people by entering into “agreements to prevent theft of ideas”. Another problem in industry is the problem of profit sharing. For example, the webtoon industry, which is one of the largest plot-based industries in Korea, has exceeded $ 700 million in market size, but there are still many who doubt the structure of profit sharing in the industry, as well as in many materials. Content creators still have difficulty getting enough compensation for their work.

The potential with the blockchain

Compared to existing technologies, the potential of blockchain-based platforms relies on the ability to record and distribute a single, immutable version of the truth to multiple parties. This is particularly useful to improve the efficiency and effectiveness of an industry’s value chain.

In most business-to-business transacting, firms spend much of their money, time, and effort making sure that the data sent from another firm is legitimate, and that it accurately reflects the facts and history of transactions and arrangements between them. What if all firms in a value chain had the same version of the facts and contractual arrangements, and they all knew that the others are looking at the same version, including updates? In such a transparent business environment, the focus can turn to doing business and adding value, rather than on verification of facts and settlement of transactions.

Key features of Storichain

  • Optimized - optimized for authors - this is collaboration / joint recording / contract between authors, weekly rewards and APIs for third-party content providers.
  • Ease of use - anytime, anywhere you want to tell a story. Simple and fast writing platform.
  • Relevant Partner - Writer Matching / Cooperation Agreements / Job Statistics / Update Notifications / Create Detailed Comment
  • Participation - in a platform for readers to participate in the work, to become a writer himself, to create stories and participate in them
  • Transparent - a platform that encourages participants to honestly and transparently based on their input.
  • Global Platform - A platform that can be translated, sold or even copyrighted for global expansion.

Monetization

We live in a narrative world with dozens of stories a day. Webtoons, web novels, drama, movies, musicals, etc. Sometimes I give advice about the story through addition. The author gains the power of his empathy, expresses gratitude, and considers the proposal. Communication between writers and readers has become an important foundation for the creation of the online age. We strive to create a more fair and stable contract that creates asset value through communication between the artist and the reader.

I think the problem of distributing excess profits yesterday and today, but tomorrow will not happen again. Now it is necessary to distribute and distribute fairly to the authors who created the story of the origin of the media additive industry. In the future, it reaches 130 trillion won. On the other hand, reliable collection of reliable quantitative data is very difficult and can be used as a basis for distribution. Distributed Ledger Technology (DLT) allows you to more accurately measure “creative contribution data” The time has come to offer rewards. And if you can turn your story IP (intellectual property) into an asset, collect money from story IP, and track key contributory data from creation, then it will be a completely new lifestyle in two creative areas.

Use Case

For the Storyteller/Content Creator

Acting like a social media for animators and illustrators, one could upload images about daily lives (animator) and the other one could make a story using that images (illustrator) all in one platform. After that, profits could be split equally using the storichain smart-contract.

 For the Readers

Storichain is a platform where readers could react using reaction buttons as an engagement and get rewarded by doing over time. This process increases community engagement which tends to be a healthier, livelier platform. They could also buy their reward tokens for purchasable contents.

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CONCLUSION

It is undeniably a great project with the perfect use case, aiding, specially those on the ‘Story Industry’ rewarding both parties and making sure that every story written is worthy. The ‘Story Industry’ is what makes an entertainment an entertainment and Storichain is aiding all the problems on it and beyond.

Team

unes Lee Co-Founder & CEO
Jung Yoon-cheol> CCO (Film Diriector)
Choi Jin-young> CTO
Kim Sang Wook> CSO (Developer)
Han Sang Hoon (copyright, media and intellectual property)
Choi Mi-ki> CBO (Business Operator)
James Lee> Chief Engineer (co-founder)
Yang Tae Suk> Accountant
Effy Song> Communication Director
Kim Chang-gyu> SF Novel Writer
Kcod Kyung> Developer
Hong Ye Choi
Jeong Hoon> Business Strategy
Park Sang-joon> Content Strategy Maker

Advisor

Lee Chang-ho> Movie director
Lee Myung Sung> Consultant
Park, Sung Jun> Dongguk University Cryptology Center, Block Cranes Research Center
Kim Jong-yoon> Movie producer
Jung Hee-won> CEO AnySign Lawyer
Dong Hyun> Block Chain Expert
Shakil Muhammad> Block Chain Expert

For more information about Storichain kindly visit these links below:

Website : https://storichain.io/
Whitepaper : https://drive.google.com/drive/folders/1s902dyb4msuSu4dcg-9tlqE8vVcxC2Kb
Twitter : https://twitter.com/storichain
Facebook : https://www.facebook.com/storichain
Medium : https://medium.com/storichain

Author: duxtonpay
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