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CineDApp, a decentralized application under development by the authors of this document, provides a platform for new upcoming talent to fulfill their dreams and become true entertainment industry stars.
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This application allows users to list and pitch their film ideas, as well as seek funding from individuals who will act as co-producers. Since it is decentralized, it eliminates numerous market ills such as :
- central hegemony and nepotism.
- It introduces accountability, allowing all partners to see how the project's funds are distributed.
- The movie's investment would supply investors with exclusive tokens that can be used for a variety of uses, including benefit-sharing and stock trading.
- A user's sample pitch includes the project name, token name, estimated project date, a brief synopsis, and a thorough description of the proposal. Any investor can get a quick overview or a more in-depth look at the project. This functionality allows platform users to participate in a project related to their area of interest without having to learn about it in depth.