[Chal Oksusu Description] SKT Blockchain hackathon idea node

chal-oksusu-readme.md

Chal Oksusu

Chal Oksusu is a dApp for video contents based on Creativity Driven Economy. Using Chal Oksusu, you can not only enjoy video contents but also invest in and produce contents. On Chal Oksusu, contents are curated and delivered by decentralized autonomous ecosystem.

Why decentralization?

Video Content Business

• Revenue

  • SVOD: Subscription
  • TVOD: Transactional
  • AVOD: Advertising

• Costs

  • Payroll costs for Curation
  • Content Delivery
  • Royalties

Goal

• Reduce operation costs through

  • Autonomous Content Curation
  • Autonomous Content Delivery Network

• Enhance creativity by

  • Motivating to get credit
  • Providing transparent royalty
  • Content investment market

Why Chal Oksusu

• Reverse ICO of Oksusu which has more than 20 millions of users
• Oksusu Original: Perfect use case for Chal Oksusu

Token Economy

Token issuance by credits

COT(Chal Oksusu Token) COC(Chal Oksusu Credit)

• A producer proposes a content

• An investors invests in the content using tokens(COT) and get a share

• The producer makes the content with the fund.

• The producer register its contents

• Curator request content to serve

• Copyrighter

• Consumers pay token(COT) for SVOD, TVOD, and AVOD.

• Consumers get credit(COC) when they pay for contents.

• Consumers can give credit(COC) for contents

• Copyright holders share royalties

• Copyright holders share credit(COC)

• Received credits are automatically converted to token(COT)

• An investor invest in the content and share future revenues

• A copyright holer register a content

• A curator royalty license

  • Sell its contents with
    • SVOD
    • TVOD
    • AVOD
  • Pays royalty
  • Pays ACDN fee

• Consumer enjoy contents with

  • SVOD
  • TVOD
  • AVOD
  • CVOD

• Autonomous Content Delivery Network provider

  • Serves Contents
  • Serves Contents

• A copyright holder gets O-Token

  • When a consumer purchase the holder's content
  • When an advertiser pays advertisement fees

How we measure the creativity of a video

• Information

• Entertainment

• Autonomous Ecosystem

  • Content Delivery
  • Curation

• Inflow

  • Investment
  • Content consumption

• Outflow

  • Production costs
  • Royalty
  • Incentives for
    • Content Delivery
    • Curation

• Token inflation?

Implementation

Value capture

• What creates value?

  • Creativity
  • Content distribution
    • Curation
    • Delivery

• How to measure value creation

  • Vote: Subscribers

Stakeholders

• Producer
• Inverstor
• Distributor
• Curator
• Seeder
• Consumer

Features

• Launch a Project
• Register investment products
• Start/Finish crowd funding

Crowd funding for film making

Budget Execution

Distribution