the world’s first community-powered film, TV and content network is set to disrupt the likes of Netflix’s subscription service
LiveTree ADEPT, the world’s first community-powered film, TV and content network is set to disrupt the likes of Netflix’s subscription service by decentralizing the entertainment industry.
Built on Ethereum blockchain technology, the new platform will create a new community powered marketplace for film and TV distribution. It will raise up to $50million through a token sale commencing on Friday December 1 when a pre-sale of 35 million Seed Tokens (Symbol: SED) will take place.
LiveTree is set to disrupt the $500billion entertainment industry by utilizing blockchain technology to create efficiency gains for consumers and industry professionals using key features such as:
Legal contracts involved in the production, financing and distribution of film, TV and content are often viewed as a burdensome and costly overhead. ADEPT replaces these contracts with blockchain based smart contracts. This reduces costs while fostering fan community engagement. Empowering the community to earn, participate and promote the mainstream adoption of Blossom TV.
Digital Token: The Ethereum ECR20 “LiveTree Seed" digital token is set to replace subscription fees, legal fees and funding costs. The token encourages community growth by enabling fans to gamify the process of production, through sharing, participating and promoting the content they watch.
Digital Rights Management: The process of owning and sharing video intellectual property is set to be moved to the blockchain. This opens possibilities for the general public to own what they watch and earn from profits derived from exploiting content distribution e.g. from subscriptions, pay-per-view, and advertising. A new digital channel named LiveTree Blossom TV will be the destination for this community powered content.
Much like Netflix debuting its first Netflix Original series in 2013, LiveTree ADEPT has a 5-year roadmap to capture market share. In addition to the ADEPT community network marketing approach, LiveTree will license content specifically for ADEPT through LiveTree Incubators. This content will be fully funded by LiveTree tokens, Seed. Incubators in LA, London and NYC will produce LiveTree Blossom TV “Originals” which will be used to further increase the value of the token, while simultaneously promoting mainstream adoption of Blossom TV.
LiveTree has operated a film, TV and content business for the last 2 years and captured 5% of the UK entertainment crowdfunding market. It has established several high-profile partners including The British Film Institute, Red Rock Entertainment, the Screen Arts Institute, and 14,000 industry suppliers worldwide. The existing business will be migrated to LiveTree ADEPT - the next generation platform set to change how we interact, share and view content.
For more information please visit the LiveTree ADEPT website.
About: LiveTree Video: https://www.youtube.com/watch?v=yQrJYfzwovI
LiveTree ADEPT Video: https://www.youtube.com/watch?v=sG9EwTijb-E
Ashley Turing is available for interview. For further information on LiveTree ADEPT please contact:
Adam Betteridge at Famous Publicity:
Office: 0333 344 2341
Cheryl Clarke at Mushroom Media on:
Tel: +44 (0)7939554109
Based in London, UK, LiveTree is the world's only crowdfunding platform which exclusively supports creative arts projects. In the past two years, LiveTree has captured 5% of the UK crowdfunding market (in the film and content category) and forged partnerships with several leading names in film, TV and content creation. These institutions include the British Film Institute’s Future Film, the Screen Arts Institute, Kent Film Office, Film London and 20 organizations.
About Ashley Turing, founder and CEO:
LiveTree CEO and founder Ashley Turing is an entrepreneur and consultant with over 20 years’ experience in technology innovation. He studied computer science and worked with a team from the Massachusetts Institute of Technology (MIT) before working with Microsoft. Ashley has also worked on various projects in areas including online gaming company and investment banking. Having acquired an acute understanding of the weaknesses in the current global economy first hand, Ashley Turing launched LiveTree as an alternative sustainable model for economic development.
About Dr Jamie Ward, co-founder and chief technical officer:
Jamie Ward has a PhD in wearable computing from the Swiss Federal Institute of Technology (ETH) in Zurich, where he worked, among other things, on early wearable heart-monitoring technology. He is currently a research associate at the Institute of Cognitive Neuroscience, University College London (UCL) where he works on social interactions. He is a visiting researcher at the Computing department, Gold.
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