ReelStar
The Cryptocurrency Solution for the Media & Entertainment Industry
Introduction
ReelStar is a revolutionary new mobile app that is set to change the way we create, share, and trade content. The app is the first user-centric, blockchain-integrated platform for content creation and sharing for any type of media, including videos, audio, graphics, and books. The app can enable users to easily create and sell NFTs (non-fungible tokens) of their work. With just a single click, artists and creators can monetize their creations and reach a global audience of collectors and enthusiasts. This is a game-changing feature for the art world, as it provides a new way for artists to sell their work and gain more exposure.
ReelStar App would provide a great opportunity for creators and artists in the region. It will provide global opportunities as well as a Web3 passport to every creator and artist. Anyone with a flair for artistic creativity or a knack for entertaining can join the platform. The app will have an in-app non-fungible token (NFT) creation feature and an NFT marketplace for creators and artists in an easy-to-use and familiar environment. It will be accessible for both Android and iOS devices.
ReelStar has several features
The ability to easily create and sell NFTs (non-fungible tokens) of users’ work. This is a groundbreaking feature that allows artists and creators to monetize their creations and reach a global audience of collectors and enthusiasts.
A mobile-first platform design. ReelStar was created specifically to be accessible and easy to use on mobile devices, making it perfect for on-the-go content creation and sharing.
A wide range of features. In addition to its NFT and content creation capabilities, ReelStar also offers a range of other features including the ability to trade crypto and NFTs within the app, secure peer-to-peer chat, and an in-app wallet called ReelPay.
Access to the Metaverse/Omniverse. ReelStar is the first mobile video and entertainment application based on a Web3-enabled platform, providing users with integrated access to the Metaverse/Omniverse.
A global audience and marketplace for artists’ and creators’ content. ReelStar is designed to provide a global audience and marketplace for artists’ and creators’ work, enabling them to showcase their creations to a worldwide community of collectors and enthusiasts.
Easy access to Web3 and future technologies. ReelStar is designed to be accessible and easy to use for anyone, regardless of their technical background or expertise. This makes it an ideal platform for anyone looking to leverage Web3 and future technologies for both entertainment and profit.
Another unique aspect of ReelStar is its focus on being a mobile-first platform. The app was designed from the ground up to be accessible and easy to use on mobile devices, making it perfect for on-the-go content creation and sharing. This is a crucial feature in today’s fast-paced world, where many of us are constantly on the go and rely on our smartphones to stay connected.
Vision and Mission of ReelStar
the company envisions a global, interconnected community of creators and engagers, providing equal access and opportunity to all, while leveraging Web3 and future technologies sustainably to enhance creativity and connections for all, as well as seamlessly integrating technology, creativity, and human connection into a sustainable digital ecosystem that is open to everyone and which explores the limits of experiences and benefits everyone in real life.
Through ReelStar’s Web3-enabled technology, creators and enthusiasts can connect and share their work globally. Integrated with technology, creativity, and human connection, the company’s mission is to enable people to explore new experiences and drive real-world benefits.
What are the ReelStar consortium products?
ReelCrypto develops the blockchain and the decentralised and metaverse aspects present within the ReelStar app including the ReelToken (REELT) utility token.
ReelToken (REELT) is a genuine, utility token that was created for global reach and use cases. It is the critical fuel that binds the ecosystem together and enables the seamless integration of all that goes (and will go) into the ReelStar ‘everything dapp’.
ReelPay handles all the payment-related functionalities related to fiat and crypto-related transactions along with a debit card. There are many future functionalities planned for the later development of ReelPay. The ReelPay Digital Wallet has a clean, user-centric interface that provides easy and intuitive access to all the financial services integrated within it.
ReelStar partners with GDA International
Michael Gord, the CEO of the GDA Group of Companies commented about the partnership saying, “ReelStar has a strong focus on community and exceptional user experiences, and a project leadership team is a seasoned group of industry leaders with deep expertise in the cryptocurrency industry. We are proud to partner with this project and look forward to making the team’s vision of a seamless Web3 “everything” app a reality.”
After ReelStar announced its upcoming 15 billion-token Initial Token Offering (ITO), and revealed that the platform uses smart contracts on the Polygon (MATIC) and Binance platforms to build highly customizable, cross-chain functionalities for use within its app, this news comes shortly after that announcement.
The Reel Solution
The Reel Group Consortium is the practical embodiment and digital realisation of a vision to revolutionise the M&EI globally. It is a platform for both creators and consumers. It selectively combines both cutting edge and proven digital technologies. ReelStar leverages technologies such as Web3, blockchain, Non-Fungible Tokens (NFTs), cryptocurrencies, payment systems, the Metaverse, social media and multi-media creative tools in ways that is designed to electrify and democratise the Experience Economy. The ReelStar App, at its heart, is a platform that increases engagement and connection between artists, creators, consumers and fans in a safe immersive experience that respects individual privacy. For content partners, it provides a seamless opportunity to monetise new assets and remonetise their back catalogue to a larger, more engaged audience.
The ReelStar App provides a suite of extensible and innovative user-friendly tools for creation, tokenisation, engagement, connection and analytics for every level of the M&EI. Individual artists, film studios, record labels, event planners, festival organisers, cinema and live venue operators, to name just a few, can leverage the platform and tools to add value, grow and increase connection and engagement with their market. Reel Crypto provides a blockchain that enables a broad array of gamified experiences to both energise and maintain existing fans and cultivate new ones within the Reelstar app.
Reel Star’s NFT Marketplace & Ecosystem
Reel Star offers a well-defined and segmented marketplace. It has both open and curated segments with general cross-platform functionality. Some features are specific to the particular demands of each segment. Key aspects are intuitive navigation, set and user generated groupings, enhanced recommender systems (with opt-in and opt-out options), public and private marketplaces and views. The marketplace is designed to appeal to and benefit both creators and collectors.
The marketplace design is fluid and efficient allowing for single or multiple digital assets to be bought and sold easily within the community. The platform is designed to drive engagement and connection. Promotion and marketing tools are available both in-platform and cross platform. The ecosystem is expandable and digital assets from games and other sources can be easily offered in the marketplace offering a range of benefits including access to a larger market, and access to both platform and cross-platform promotion tools.
Reel Star & the Metaverse/Omniverse
The ReelStar app provides a gateway into the Reel Star Metaverse/ Omniverse. There are a number of special initiatives planned which will be publicly promoted at the relevant times. The REELT will be a fundamental component of the Web3 enabled Metaverse/Omniverse experience.
The ReelStar Application (app) Video Sharing, Live Streaming
The ReelStar App provides content access and distribution on both web and mobile platforms. Reel Star’s video sharing system is the drawcard of the ecosystem and provides secure access to all functionalities in one app. The application contains functionalities such as a media player for viewing content, tools for NFT creation, purchase and trading, access to the NFT Marketplace, an electronic wallet for storing, exchanging, and trading digital assets, a payment gateway and virtual card allowing seamless and costeffective fiat and cryptocurrency transactions, encrypted and totally private peer-to-peer (p2p) chat system with video, audio and text functionality.
The ecosystem can deliver multimedia services previously impossible on conventional platforms, including resource sharing, broadcasting, and advertising.Reel Star’s unique platform architecture and ecosystem, drastically reduces operating costs, with the resulting benefits being shared by all ecosystem participants. The REELT, developed by Reel Crypto, is the key to lowered costs.
Reel Pay Digital Wallet Virtual Debit Card System
The financial industry is rapidly changing and developing in the move from the real world to the digital world and from fiat to crypto currency. The Reel Pay Wallet has few limitations and incorporates virtual card technology, (associated with the the relevant Debit Card platform) and its ease of access and use is expected to overcome demographic usage barriers and democratise access to financial resources. Virtual bank cards mimic physical cards and also have a 16-digit number and a CVV number, allowing them to be used to purchase items in the real world or on the internet. Their functionality and usage are identical to the physical card, but reside on the Reel Pay Wallet associated with the customer’s smartphone.
REELT Tokenomics
Leadership Team
- Founders: Navdeep Sharma & Nick Bahl
- CEO (Chief Executive Officer): Mark Hauptman
- COO (Chief Operating Officer): Hardeep Singh
- CTO (Chief Technology Officer): Andrzej M
- CRO (Chief Revenue Officer): Jaspreet Manku
- CFO (Chief Financial Officer): Shammi Batra
- CMO (Chief Marketing Officer): Kiran Deshmukh
- CPO (Chief Product Officer): Ojas Deshmukh
- GM (General Manager): Shubham Goyal
Roadmap
Quarter 3/22
- Begin smart contract, marketplace development
- Ramp up Community Management initiatives
- Execute partnership agreements
- Deploy REEL STAR Wallet Alpha Internal Test Version
- Update Whitepaper
- Deploy Marketplace Alpha Internal Test Version
- Finalise venture partners
- Increase Marketing Efforts
- Continuous testing, enhancements and code development
- Continue private sales prospecting
- Code and integration audits
- Engage with artists and strategic partners
- V1.3 UI/UX finished
- Media content creation
Quarter 4/22
- Continue onboarding new artists/creators
- Announce artists and strategic partners
- Explore Metaverse Partnerships
- Marketplace alpha finished
- Code, platform and integration audits
- Continue Marketing Efforts
- Airdrop marketing
- Alpha Secondary Market opens
- Increase functionality
- Smart Contract audit
- Launch/Deploy Reel Star Wallet
- Reel Pay Integration
- Pre-sales
- ITO
- Pre-Launch
Quarter 1/23
- Public Launch
- Iterative app development releases towards V2
- V2 marketplace launch
- Increase artist outreach
- Increase Metaverse integration
- Release loyalty programme
- Refine generative tool for users
- Open Loyalty programme and Business Integration and outreach
- Launch Collectors Club
- Develop Wallet API
- Develop Artist/Creator Fund
- Begin 2nd airdrop
- Beta Test FH Encryption integration
- Reel Star App Deployment on Web
MORE INFORMATION :
Website: http://reelcrypto.io/
Whitepaper: https://www.reelcrypto.io/wp-content/themes/reel-token/documents/ReelToken%20-%20Whitepaper_V3.01_V4.pdf
Twitter: https://twitter.com/reel_token
Telegram: https://t.me/ReelTokenOfficial
Discord: https://discord.com/invite/sQ7KCpSEaD
Facebook: https://www.facebook.com/reelstar.io
AUTHOR
Forum Username: Arrum
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3432298
Telegram Username: @Arrum0607
BEP20 Wallet Address: 0xA230e07CFe48256025cA681B887Cf3DCE15CE043
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