MESIG - Film TV: KNODELEDGE

1. OVERVIEW

1.1 Introduction to the KNODELEDGE Project

KNODELEDGE is a purpose built, private, permissioned, plug-n-play, enterprise business blockchain-in-a-box application for the Film & Television industry.

The effects blockchain, Web3, NFT's, DAO's, and the metaverse have on the media & entertainment industry cannot be overstated. KNODELEDGE will leverage the ever expanding opportunities these nascent technologies offer entertainment industry participants and their fan base.

In particular, this project will (pardon this overused expression) democratize film & television development and production allowing content creators of all sizes the ability to develop, fund, and distribute projects more efficiently, more equitably, and more profitably.

The innumerable and varied interactions between media & entertainment industry project founders, their development and production teams, including agents, advisors, accountants, attorneys, funders, distributors, government agencies, et al, are perfectly suited to adapt to ledger technology. This allows blockchain, chaincode/smart contracts, and a host of on-chain and off-chain tools to disintermediate and more efficiently manage many of the pain points within the industry ecosystem automating workflow of key industry business processes.

Blockchain, Web3, NFT's, and DAO's hold great promise for participants in the media & entertainment industry by lowering the barrier to entry and providing efficiencies through disintermediation, but the real success stories will be about "coopetition" a strategy KNODELEDGE believes will be the great disruptor. The notion that emerging technologies will flip legacy Hollywood are unfounded, but it's no secret these new technologies are creating a more diverse and inclusive environment. Opportunities abound like never before.

From the content creators to the producers, from the gaffers and grips to the cameramen, and from make-up artists to writers, building on KNODELEDGE will unlock the potential for all participants to reap the rewards of a successful venture.

KNODELEDGE will be built on Hyperledger Fabric with a view to interoperate with other Hyperledger projects, WEB3, IPFS, and current and future popular and secure blockchains.

1.2 Project Scope

The scope of this project encompasses the entire Film & Television development, production, distribution, and consumer value-chain.

The project will create opportunities that would otherwise be beyond reach of creators and their support teams.

Friction Points: At the start, and along the way, creators and industry participants are challenged.

Barriers to Entry:

Funding

Distribution

Technology

Key Objectives:

The aim of this project is to create a redeployable, plug n' play blockchain-in-a-box that film & television production companies can use to quickly assemble a network of industry organizations who wish to privately and securely transact with each other.

With each member organization having already vetted and onboarded key and recurring organization participants (executives, accountants, attorneys, funders, directors, writers, cast, crew, other orgs, etc), the ability to spin up a new blockchain production entity using this established "circle of trust" becomes effortless.

The final objective of this project is to develop a PoC building an entire film/television production on the blockchain using KNODELEDGE

Planned Objectives:

Identity Database, Verified Credentials (Industry Specific)

Alternate Funding Tools

Monetizable Asset Creation

Monetization of Intellectual Property Rights

NFT, Crypto Integration, Royalties/Residuals, Remuneration

Web3 Brand Development, Metaverse, Merchandise

Tokenization

Intellectual Property Licensing

Intellectual Property Transfer Agreements

Stakeholder Accessibility & Transparency

New Media Distribution Channels

Off-Chain Storage

Immutable Chain-of-Title

Legal smart-contracts (Boilerplate)

Fanbase - Immersive Web

Deliverables:

Alternate funding methods

Monetizable assets

On-Chain IP Transfers

Payments - Residuals / Royalties

Milestones:

Alternate funding methods

Asset creation

IP Transfer

Licensing

Constraints and Exclusions:

Government Regulatory

Legal

Entertainment Industry Guilds, Unions, Associations

1.3 Project Timeline

A timeline and roadmap will be announced after the Startup Team has convened.

2. PROJECT STARTUP & DETAILS

2.1 Startup Phase 1

A Startup Team dedicated to assembling the volunteer Development Team that has the vision, passion, and skillset to oversee each development segment.

If you are interested in joining the Startup Team or to follow the progress of this project, please contact Brett Russell or visit MESIG Membership to get set up and notified of upcoming meetings.

2.1.1 Segments:

Using the modular approach to segmenting we will add or consolidate as we progress.

S1) Community

S2) Backend Technology

S3) Frontend Technology

S4) Legal

S5) Agency

S6) Film