Nollycoin powers a Peer-To-Peer content sharing System for the Movie industry . Nollycoin allows movie producers and their collaborators to license their content as a “coded contract” directly to a decentralized database called a “blockchain”.
Nollycoin is the cryptocurrency that powers a blockchain-enabled Peer-To-Peer decentralized ledger system for the global distribution of movies and other creative works. The Nollycoin project is designed and created to provide cutting edge solution to the intractable problems in the movie industry, particularly in 3rd world nations. Some of the direct and immediate solutions that Nollycoin/Nollytainment Project brings to the movie industry include: • Provide A Peer to Peer Content Distribution Platform that provides direct micro-payments to content owners and Provide Access to Financing and Capital to 3rd World Movie Producers to produce qualitative movies for the international market. • Provide Copyright piracy protection through a decentralized ledger system • Provide Multi-Level World Wide distribution to justify financial investment • Enable Fair Compensation for collaborators in creating the movies • Provide Universal means of exchange for Nollywood and 3rd world movies that eliminates forex payment problems and limitations. • Provide top Financial Backing for some of the best Producers in the Nollywood to produce quality international films for enjoyment of our ecosystem and global group of African movie lovers
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