What is MovieBloc (MBL)? MovieBloc is a blockchain project that aims to attract content creators. In this article, you can find answers to questions such as what is MovieBloc (MBL), what it offers, how to buy MBL coin, where to list it. As Kriptokoin.com, we have compiled it for you.
What is MovieBloc? What does MBL offer?
MovieBloc is a blockchain project that aims to encourage independent creators by decentralizing the film industry and content distribution. The native cryptocurrency of the project is MBL coin. At the time of writing, the project had a market cap of around $280 million.
The project was published as an ICO project of the Korean video streaming site Pandora.TV. Aiming to eliminate intermediaries such as production companies, the project created direct distribution channels between producers and consumers. In addition, the platform was built on 3 basic layers. These; community, market and fundraising. In addition, the platform also offers users and content producers the opportunity to generate income.
Creators of video content such as movies can receive MBL payment by publishing their content on the platform. These contents are published with completely transparent view counts. In addition, users who add items such as subtitles to video and movie content on the platform are also rewarded with MBL tokens.
What is MBL coin? What is it used for?
MBL coin is a token built on the ERC-20 smart contract. It works as a companion token of the MovieBloc platform. It is the native cryptocurrency of the project and has many use cases. First of all, MBL coin can be used as a payment method to view premium content on the platform. Translators and users who add subtitles to videos and movies are paid MBL by the platform.
Also used as donations for Content creators, translators, reviewers and other contributors. Finally, users who report content that is undesirable and violates the platform’s community guidelines are rewarded. The token maximum supply is set at 30 billion units. At the time of writing, 13.53 billion tokens were in circulation. MBL has increased by 20% in the last 24 hours.
How to get MBL coin?
is listed by crypto exchanges such as MovieBloc (MBL), Bithumb, Binance, Coinone, Indodax, Gate.io, Bithumb Global, Upbit, HitBTC, MXC.COM. Investors interested in MBL coin must first become a member of one of these exchanges. After that, they can buy MBl by creating a wallet and making a deposit.
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