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I know a guy who runs something similar, a marketplace where people can buy syndication rights (say, you run a rural TV station and want to buy rights to broadc
by Eric_WVGG 8y ago
I know a guy who runs something similar, a marketplace where people can buy syndication rights (say, you run a rural TV station and want to buy rights to broadcast _Saved By the Bell_ or something). The whole thing is based on blockchain. It's doing extremely well, contracts and negotiations that used to take weeks can now be done in seconds.
There's no cryptocurrency angle, which I believe means that there's no gross energy expenditure, although I'm not an expert and never asked.
- gtirloni 8y agoI'm honestly curious if blockchain alone improved their process that much. Could it be they had crappy processes that got overhauled with the blockchain adoption?
- mywittyname 8y agoThis is probably the case. I'm betting the company built a marketplace that allows stations to purchase distribution rights directly for a fixed price, as opposed to needing to call some salesperson and deal with weeks of verbal negotiation.
- manigandham 8y agoThose kind of systems have existed for awhile. Plenty of media is already licensed that way. No blockchain necessary.
- manigandham 8y agoHow exactly does a blockchain help with those transactions?
- village-idiot 8y agoHype.
- pushtheenvelope 8y agocan you please share the name of this marketplace?
- Eric_WVGG 8y agohttps://movierightsexchange.com https://movierightsexchange.com
- manigandham 8y agoThe TLS certificate is invalid and the site is backed by http://mrxtest-dev.us-east-1.elasticbeanstalk.com/catalog/ http://mrxtest-dev.us-east-1.elasticbeanstalk.com/catalog/ which is a fake/demo page and is claimed to be UI mockup by this person: https://www.karenchristoph.com/media-rights-exchange https://www.karenchristoph.com/media-rights-exchange Highly doubtful that they're "doing extremely well" when there's no functioning business.