ritestream: The Platform Empowering Creators via Their Film and TV Projects

Don’t you hate when you watch a movie based on a novel and they completely botch it? Imagine being the author of said novel and experiencing producers picking apart your content. Your creation.

Similar pains are felt among creatives across the globe:

• Finding funding for projects
• Lengthy approval processes
• Projects losing originality when the content lands in the hands of producers and investors
• Limitations regarding viewers — varying streaming platforms and geographical boundaries

The facts are facts. Celebrities, entertainers, and innovators from all corners of the world regularly face unnecessary hurdles getting their film and TV projects to screen.

Enter ritestream.

ritestream is an innovative online marketplace for buying and selling film, TV, and Sports content rights.

The minds behind its creation have arrived and are here to disrupt the broken cycle and put the power of the content back into the hands of its creators.

Under this new model content is revered as “content as a service,” allowing for content fluidity, crowdfunding and maximum monetization. Streaming platforms can acquire content readily and switch it up based on viewer responses with the assistance of integrated AI technology. This technology will use audience mapping, automated subtitles and provide language-dubbing assistance. Check out all the ways celebrities, entertainers and other creatives are empowered via ritestream:

FUNDING

ritestream’s first step in revolutionizing the funding platform for the creator is the NFT and the ability to ask the community for funding.

Crowdsourcing has always been a popular method for creators to gain investors for a startup idea, and now digital creators can leverage that resource via ritestream’s innovative launchpad.

Here’s how it works

A content creator can list their film or tv project on ritestream’s platform and seek funding from investors. This methodology allows for fractional shares of the project (in the form of an NFT) to be purchased by supporters, including investors, networks and fans.

TIMELINES

In return, artists can side-step the traditional hurdles and obstacles associated with bringing a creative project to life. This saves everyone involved time and money. We’ve said it before, but currently only 1 in 2,200 shows pitched to a network makes it to a series in the USA! That’s because:

• The Content Licensing model is antiquated
• Licenses can take months to negotiate
• And even then, content is controlled by middlemen

Projects need not be delayed years awaiting funding. Film and television projects can now be funded by the community. It’s a model that will inevitably break the monopoly film studios and television networks have over content.

Which brings us to our next benefit for creators.

CREATIVE CONTROL

In the current model, creators don’t have a ton of control over their content. That’s because the studios and funders control the creative direction of the projects they’ve invested in. This repeatedly results in loss of originality — a major challenge for any entertainer who cares about their craft, their vision and the end result.

ritetream is on a mission to change this, too.

Creators can get their projects funded without signing long-term deals and committing large amounts of capital upfront. The model also allows the streaming platform to switch content to keep everything fresh. But most importantly, the creators have say throughout the entire project with our model. Start to finish, their creative vision is honored, and we’ve found a way to get more revenue into their pockets, too.

MONETIZATION

ritestream’s new model serves as an investment tool for creators and supporters. Once created, each time the content is consumed all investing “owners” of the NFT earn revenue.

Currently, 90% of content that is created is not fully monetized. It sits around in an archive, collecting dust. But why? Fans want more content from their favorite artists, and they’re willing to pay for it!

Once an idea is submitted on the ritestream platform, it can potentially be funded immediately by investors via native tokens called RITE coins.

The amount of RITE coins contributed to any given project signify a person’s fractional ownership in that project or idea.

The tokens purchased for each film project can be traded on the marketplace during the film’s production, instantly garnering returns. Traditionally, returns take years when investing in a film project.

Furthermore, as part of the production process, the creator can curate bonus content that will be minted as separate NFTs, post-production. These can be sold to collectors and traded, with additional revenues flowing to the creator and investors. Plus, creators get final say on what the final version of any given NFT will be. Digital artwork, deleted scenes and bloopers, celebrity commentary and much more are all on the table!

CONCLUSION

The chain that links the content creation, to the licensing agreements (and finally to production) is archaic and not practical for the modern streaming experience. Projects take years to reach funding, licenses can take years to obtain and then creators experience lengthy periods without payment.

With an existing network of streaming platforms that reach over 100 million viewers globally, ritestream is empowering creators to connect more closely and engage with their fans via content that is more readily available, all while earning revenue for their contributions in the meantime. The more the content is streamed on ritestream web page or via the mobile app, the more revenue it will generate.

Say goodbye to the traditional way of doing streaming. Lengthy timelines, hectic contracts and lack of control.

Say goodbye to the middlemen that pocket your profits.

And say goodbye to settling for projects lesser than your original vision.

It’s time to get friendly with ritestream. We’re empowering creators and consumers alike.

Intrigued? ritestream is on a mission to forever change the way content is monetized, streamed, shared and consumed. Are you coming with us? To learn more about how we’re empowering creators, visit ritestream.io.

We’d love it if you joined our Discord: https://discord.com/invite/RJPj522Qcc and our Telegram Group: https://t.me/ritestream to keep up on the latest happenings.