NOLLYCOIN

NOLLYCOIN The Univesal Coin for African Movies

For many years the term Nollywood has also been used to refer to other affiliated film industries,such as English-language cinema, whose films are usually produced with Nigeria and or distributed by Nigerian companies. The term was also used for Nigerian African diaspora films that are considered united with Nigeria or created specifically to capture the Nigerian public.There is no clear definition of how a Nigerian film should be defined as Nollywood.

Those who defend the use of the term,argue that it is a form of resistance to cultural and media imperialism in which critics consider its origin,claiming that the term Nollywood represents the Nigerians who make their film,in their style for the Nigeria, from Nigeria rather than simply eating and importing most of Hollywood content like many developing countries.

NollyWorld deploys the power of blockchain technology to power an innovative platform for global financing,distribution and consumption Of Nollywood Movies.Nollycoin will power a new ecosystem to unleash the latent potential of Nollywood to the world.Nollycoin is designed to support the creation, publication and consumption of Nollywood and African movies as a cycle.The Nollytainment project is a new and revolutionary Peer-To-Peer creative works sharing and registry System for the Movie industry in the 3rd world countries,particularly Africa.The Nollytainment ecosystem will center on a decentralized ledger system for the publication and distribution of Movies with Nollycoin as the central means of exchange,official website https://nollycoin.com/

Advantages of Blockchain Ledger for Movie Industry

1. It will achieve a more direct relationship between the creators of the film and the film industry user.In editorial change blokchain,monetization and the relationship between film producer and contributor and the community.Movies outside now be published on a register with a unique ID and time stamp period in a way that should not be changed.Each record contains metadata can keep ownership and declaration of rights transparently and does not change for everyone to see and confirm.
2. Blockchain technology could also revolutionize film exposure.This infrastructure is based on smart contracts, programs that can be executed on the block together with micro payment transactions.Users can now select the favorite movie and immediately reward stakeholders with cryptocurrency when they watch it,without any third party intervention.
3. One of the advantages of blockchain is that it can create a more direct relationship between the creator and the user. Film producers will no longer be needed through the purchase of the platform,brokers and brokers who usually take a financially substantial cut in revenue and should receive continuous reimbursements every time the movie they saw.
4. Although the transition to digital cinema grandeur part as mercy for cinema fans, who now enjoy access to a catalog of Nollywood and Africans that grows through in online.

Price : 1 NOLLY = 0.000025 ETH
Min Purchase : 0.10 ETH [3,200 NOLLY]
Total Softcap : 2,000 ETH
Total Hardcap : 6,000 ETH
Total Token : 500,000,000
Available for Sale : 350,000,000 [70%]
Total Reserved for Founder : 97,500,000 [19.5%]
Total Reserved for Partner : 27,500,000 [5.5%]
Total For Bounty/Airdrop : 25,000,000 [5.0%]
The public sale for Token NollyCoin will consist of five different levels based on time and date.Here is a table that illustrates the price,prices and bonuses for each token sales phase can change based on market development and demand.

Whitepaper : https://nollycoin.com/wp-content/uploads/2018/02/Nollycoin-White-Paper-updated2-Feb20th.pdf
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