Project title: Voltron Network
One liner: Creator & Community owned tokenized media content
Project DAO: SputnikDAO
Challenge area: Metagov - NFT Onboarding - NFT Gaming & Social Tokens
Slides: Beautiful.ai Welcome Tour
Repo: Github: GitHub - DelleonMcglone/Voltron_network: Voltron network: Creator & Community owned tokenized media content
Project members
- Delleon (delleon.near)
- Spencer
The Voltron Network (DAO), a Web 3 protocol for creating video & audio streaming media.
Creator ownership on centralized platforms is nonexistent and controlled by the companies that run them.
Voltron changes the centralized way into the decentralized way through governance and community ownership. Voltron Token ($Voltron) is granted to content creators & community members.
Almost daily we hear about creators not maximizing monetization opportunities because the platforms they use take such a large chunk of profits, skewed streaming numbers, removal of videos & audio segments without explanation, and unfair financial partnerships.
Mission:
Allow content creators to maximize their channel and empower their community through video, streaming, user engagement, tokenized content, and NFT sales.
MVP:
Live and recorded video & audio streaming content, to which episodes can be packaged & sold as NFTs.
Example:
Xyz Creator can record or live stream their content (podcast, video, movie, show, etc.) and package them with bonus content, merchandise, exclusives, etc as an NFT. Xyz Creators who have a social token can also market & sell their tokens (include airdrop) or include them in their NFT.
Voltron Token ($Voltron):
Voltron is a community currency video and audio streaming token. It serves as a protocol that establishes engagement between creators, NFT assets, and their communities.
Voltron Monetization (Community Token):
- Voltron token
- 15% of streams profits
- 7% transaction fee
- 2.5% of NFT sales
- 1% of all creator social tokens
- Advertising Revenue
Creator Monetization (Personal Token):
- Social token
- 85% of streaming profits
- 97.5% of NFT sales
- Advertising Revenue
Token Distribution:
- Supply: 24,000,000
- Community Treasury: 12,000,000
- Stakeholders: 8,000,000
- Airdrop: 4,000,000
- Disclaimer: Voltron token holds no inherent value. It has no claim on cash flows and will launch with the sole use case of being used for governance.