Nollycoin – Revolutionary P2P For The Africa Movie Industry

Third world cinema industry is now beginning to develop, especially Africa, needed a platform that can solve problems arising from these developments.

Nollycoin is the cryptocurrency that powers a blockchain-enabled Peer-To-Peer decentralized ledger system for the distribution of movies and other creative works.
NollyWorld deploys the power of blockchain technology to power an innovative platform for global financing, distribution and consumption Of Nollywood Movies. Nollycoin will power a new ecosystem to unleash the latent potential of Nollywood to the world.

Some Of The Movie Industry Problems Nollytainment Will Solve Nollycoin
Some of the direct and immediate ways the Nollycoin project will address specific problems in the industry include:

Provide A Peer to Peer Content Distribution Platform that provides direct micro-payments to content owner s and
Provide Access to Financing and Capital to 3rd World Movie Producers to produce qualitative movies for the international market.
Provide Copyright piracy protection through a decentralized ledger system
Provide Multi-Level World Wide di st r ibut ion to just ify financial investment
Enable Fa i r Compens at ion for collaborators in creating the movies
Provide Universal means of exchange for Nollywood and 3rd world movies that eliminates forex payment problems and limitations.
Provide top Financial Backing for some of the best Producers in the Nollywood to produce quality international films for enjoyment of our ecosystem and global group of African movie lovers

With both NollyTV and Nollycoin working in tandem in a new Nollytainment ecosystem, new permanent solutions are now applied to age-old problems in the movie industry as follows:

With NollyTV Platform, Creative Artistes can now list their contents under a smart contract that recognized the agreed-upon compensation structure and copyrights of all collaborators in the movie production process
All Creative contributors get paid directly by buyers without any 3rd party intervention
Movie Viewers and buyers will make direct micro payments to different creative copyright content owners’ wallets, the decentralized ledger will verify transactions and beneficiaries, and everyone recognized in the smart contract will all get paid simultaneously without any 3rd party involvement
Collaborators copyright and compensation rights under the smart contract can NEVER be altered or changed by anyone and no 3rd parties will be needed to enforce it.

Purpose Of The Nolly Coin
The following the purpose of Nolly Coin:

Provide copyright protection and solve piracy issues
Provide universal means of exchange for Nollywood movies
Provide top financial backing for some of the best Producers in the Nollywood to
Provide multi-level world wide distribution to justify financial investment
To provide access to financing and capital to product qualitative movies
Enable fair compensation for collaborators in creating the movies

Nollycoin also offers a lot of win-win opportunities to stakeholder in the Entertaiment industry except the pirates and copyright thieves. Here are some solution and opportunities that nollycouon is bringing into the intertaiment ecosystem

Hard working movie producer win
Collaborators and creative artistes in the movie production chain win
Movie financiers and stakeholder in each complete movie win
Open and transparent record-keeping ledger for all stakeholder
Big open data on Nollycoin blockchain can also lead to more intelligent movies and othe creative work recomendation

Short-Term Projects Over Next 12 Months
Nollycoin hve short-term project that is:

Nollycoin wallet : an application used to store and transact Nollycoin with other users.
Nolly trading exchange : a peer-to-peer crypto currency exchange.
Finance of movies : Nollycoin token is conceived and designed as a pass-key to our Nollywood based products.

Future Projects
Nollycoin have future projects after 1st year that is:

Nollytainment shopping mall
Nollytainment mobile tv
Nollycoin vouchers
Nollytainment tours

The 3 Core objectives behind the Nollycoin Token sale are:

To build a blockchain powered peer-to-peer Content Delivery Platform with Nollycoin as the primary medium of exchange.
Along with raising funds for our next-generation content distribution platform, we are also using our token sale to set up a fund for creating and acquiring a slate of exclusive interna Blockbuster films to attract users to our platform.
To provide opportunities for our project supporters with opportunities to acquire tokens that will provide tangible utility for them beyond the normal holding and trading activities in the tokens they get for supporting our project.

The main selling points of theNollytainment/Nollycoininitiative are as follows:
Nollytainment brings innovative Solutions to major problems that have limited the potential and expansion of Nollywood and 3RD World movie Industries.
Nollytainment Team of Founders, Executives and Advisory Boards include top executives with decades of experience in managing major business projects and in bringing timely and innovative solutions to different indust r ies including Entertainment, Business, and Stock Trading etc.
Nollytainment have put together a solid Team and Network of Partners with Creative Talents and Movie Executive experience to help us achieve the vision
Nollytainment have put together a solid Technical Team in Web development and Cryptocurrency and who have been involved in all levels of the cryptocurrency world, including mining, token development, trading, and networking with like-minded individuals and communities.
Nollytainment main selling points
The main selling points of the Nollytainment/Nollycoininitiative are as follows:

Nollytainment brings innovative Solutions to major problems that have limited the potential and expansion of Nollywood and 3RD World movie Industries.
Nollytainment Team of Founders, Executives and Advisory Boards include top executives with decades of experience in managing major business projects and in bringing timely and innovative solutions to different industries including Entertainment, Business, and Stock Trading etc.
Nollytainment have put together a solid Team and Network of Partners with Creative Talents and Movie Executive experience to help us achieve the vision
Nollytainment have put together a solid Technical Team in Web development and Cryptocurrency and who have been involved in all levels of the cryptocurrency world, including mining, token development, trading, and networking with like-minded individuals and communities.
Nollytainment have a Solid Marketing Plan And Marketing Team with requisite experience to increase the value and utility of our Project – Our current association and partnership with Top Influencers in African Movies on Social Media have combined followership of over 50,000,000 followers.

Crowd Sale Details
The crowd sale of NollyCoin Tokens will consist of five 5 different stages based on time and date. The Following is a chart depicting the pricing

1 NOLLY = 0.000025
Eth Minimum Participation Purchase: 0.10 ETH [3,200 NOLLY] T
Total Softcap ~ 2,000 ETH
Total Hardcap ~ 6,000 ETH
Total Token Allocation: 500,0,00,000
Total Offered For Sale: 350,000, 00, 0 [70%]
Total Reserved For Founders: 97,500,000 [19.5%]
Total Reserved For Partners : 27,500,000 [5.5%]
Total For Bounties/Airdrops: 25,000,000 [5.0%]
Minimum cap : $2,000,000
Maximum cap : $6,000,000
Conclusion
The population of these four countries is approximately 450 million people. These citizens are having their savings eaten alive almost daily. They can’t plan, save and invest in their futures. Bitcoin offers a hope to these people. One does not need a bank account, an ID, or a national social security number to use bitcoin. Bitcoin will continue to take market share from regional fiat currencies for use as a store of value. People are tired of watching their purchasing power vanish due to inflation. These four countries alone produced over 800 billion dollars of GDP per year. Bitcoins market cap today is around 300 billion.
Bitcoin still fluctuates wildly but as more participants enter, the volatility will smooth out. The market is smart and disciplined. Prices will ultimately reflect the collective knowledge and groupthink of millions of people. Essentially, it comes down to the same debate that a lot of macroeconomics is about. Who is better at allocating? The collective analysis of millions of market participants or a few government officials, lobbyist and bureaucrats? I side with the market and I think Africans will eventually as well.
Roadmap
Feb 10th 2018
White Paper Publication
Feb 20th 2018
Nollycoin Wallet
Feb 25th 2018
Release of MVP Mockup
Apri1- May30th 2018
Initial Coin Offering
June1, 2018
Nollycoin Public Launch
July1,2018
Listing of Nollycoin on Public Trading Exchanges
Launching of Nollycoin Trading Platform [Nollytopia.Com)
Aug1,2018
Commission of First 10 Exclusive Movies and TV Series for The Nollytainment Movie Platform
Apr–Dec 2018
Nollycoin Acceptance Partner Expansion Campaign
Dec1 2018
Official Launching NollyTV Blockchain Movie Sharing Platform with some great movies
Launching Of Nollycoin Mobile NOLLYTAINMENT
Dec25 2018
Theater Release of 1st Nollycoin Powered Original Movie In Theaters.
Team
Technical Development Team