Hollywood movies began to permeate the Chinese movie market in the 1990s. The Chinese government imposed a quota of 10 imported films each year, a number that has increased in the past decades. Since 1994, the government has allowed foreign films to show in Chinese cinemas as fenzhang pian, or on revenue sharing basis. These are films distributed almost exclusively by Hollywood`s Big Six studios (Walt Disney, Warner Bros, Paramount, Fox, Sony, and Universal). Films selected to show in China and share the local earnings in this model are commonly known as import quota films, because the government limits the number of foreign films that can come into the country in a given year. Per the original mandate governing the import quota, films selected would “basically reflect the finest global cultural achievements and represent the latest artistic and technological accomplishments in contemporary world cinema.”
Today, almost all content creation on the Internet is controlled by large companies who serve as the middleman between people and it’s content. If you are a content creator and want to make money from your website, posting videos, sharing music, writing blogs, or advertisements, you must go through companies such as Google, Facebook, Youtube, Apple, or Spotify first. While these companies provide the platform for your content, they also take a percentage of the profits your content generates through streams, likes, clicks and listens. Ultimately these companies have full control over how much you earn for the content, with the ability to censor and control whatever they want based on their rules and personal preferences.
Tronix (TRX) is the official currency of TRON, which aims to be a decentralized entertainment content sharing platform eventually leveraging blockchain and peer-to-peer (p2p) network technology. TRON’s goal is to create a free content entertainment ecosystem. The developers plan to accomplish this by putting all the profit earning potential back into the content creator’s hands. For example, a content creator on YouTube can use TRON’s platform by uploading their videos to TRON where they would get paid directly for the amount of activity generated, without YouTube cutting into their profits.
Founder Justin Sun has been listed on the Forbes 30 under 30 list twice. In addition, Sun is a protégé of Jack Ma, founder of Alibaba Group, China’s former Ripple representative and the founder of Peiwo APP. Sun has assembled a strong team of leaders in various technological verticals. Sun has a bigger vision than just solving the problem of centralized entertainment content. TRON functions to use the following features to better the internet which include: free and uncontrolled data, enabling content ecosystem where users can obtain digital assets from content spreading, Personal ICO with the ability to distribute digital assets and Infrastructure to allow distributed digital assets exchange (such as games) and market forecasting.
Dash
Dash, as in “digital cash” aims to be used for everyday transactions around the world. Dash builds on top of Bitcoin’s software and offers private transactions. It accomplishes them by utilizing an incentivized two-tier model called the Masternode network, avoiding the need for a trusted third party, rather than the existing single-tier model in other cryptocurrencies such as Bitcoin.
Dash offers a service called PrivateSend which adds privacy to transactions. Because
