FAQ

WHAT IS $MCONTENT IN A NUTSHELL?

An automated self-sustaining collaborative ecosystem that fuels content creation and also rewards the investors. In summary, $MCONTENT is the content revolution powered by Blockchain.

WHAT IS THE CENTRAL IDEA & CORE PURPOSE?

We are building a collaborative content ecosystem with the core purpose of seed funding, incubating and curating film makers, YouTubers and content producers around the world. This platform will create direct financing and investments for deserving content creators, film professionals and media artists who have the talent but not the resources giving them access to global investors as well as a global audience.

HOW WILL THESE CONTENT CREATORS BE FUNDED?

$MCONTENT is being launched with an initial seed fund of USD 1 Million in the Content Creators Fund through its sponsors. The tokenomics have been designed in a way that there is a 3% contribution to the Content Creators Fund every time there is a buy or sell transaction. With this function within the deployment contract, the value of the Content Creators Fund is expected to be more than USD 50 Million within the first month of launch meaning that the platform will be able to sponsor thousands of film makers and content creators around the World. The platform will have a content trading and content requisitioning function where a fixed percentage of all transaction income will be returned to the Content Creators Fund. There is a payback mechanism in all funding contracts where the Content Creators will return 30% of their consolidated earnings back into the Content Creators Fund. Therefore, the Content Creators Fund will continually grow with the increasing value of the token, as the dollar value of the 3% Transaction Contribution will keep flourishing.

WHO IS GOING TO DECIDE WHICH CONTENT CREATORS WILL GET THE ALLOCATION FROM THE FUND?

We believe that the Content Creators Fund does not belong to the $MCONTENT Team but it is actually owned by the community and by our early investors. We are building a team of mentors including senior film makers, artists and content creators who will form a committee making all seed funding decision and it will be held accountable in front of the community. These experts will review all applications and will present the shortlisted applications to the investment community in live AMAs. Every shortlisted applicant from around the world will have created a video “Elevator Pitch” for the investors and the committee which will then air all of these shortlisted proposals in front of the investment community during the AMAs. Subsequently there will be a vote conducted on discord and telegram prior to every seed fund allocation to any deserving Content Creator.

WHO ARE THE MEMBERS OF THE MENTORING COMMITTEE AND HOW MANY APPLICATIONS HAVE BEEN RECEIVED TILL NOW?

Hundreds of established Content Creators have announced their support towards this exceptional initiative and hundreds of aspiring Content Creators around the world have already submitted their applications for pre-qualification to the Content Creators Fund that has been setup by $MCONTENT. We will be revealing the names of our official mentoring committee very soon.

WHEN WILL I GET MY TOKENS?

Presales A, B will get 50% of their tokens, within 30 minutes of launch minus the 10% disbursement tax and then the remaining 50% of their tokens, seven(7) days later, also minus the 10% disbursement tax. Presale C buyers will get all their tokens within 30 minutes of launch with the same deduction of 10%. The 10% tax is inbuilt into the smart contract so it applies to every disbursement from the developers wallet.

OTHER THAN SEED FUNDING FOR CONTENT CREATORS, WHAT OTHER FUNCTIONS WILL THE $MCONTENT PLATFORM HAVE?

The Content Creators Fund is an essential part of the $MCONTENT ecosystem however, this is just one of the many functionalities that the platform will offer. In the long run, this platform aims to become a self-sustaining community driven ecosystem that will fuel the creation, trade, consumption, and production of content around the globe. The functionalities on the platform will include content seeding, buying, selling, NFT trading, co-creation, requisitioning, publishing, streaming, consumption and so much more.

WHEN WILL THE PLATFORM BE LAUNCHED AND WHERE WILL IT BE AVAILABLE?

Version 1.0 (Beta Version) of the platform will be available by July 2021 whereas the fully functional platform will be launched in January 2022. The platform will be available on the web, The Apple Store and Google Play.

HOW IS $MCONTENT’S SEED FUNDING DIFFERENT FROM ANY REGULAR CROWD FUNDING WEBSITE?

The concept of crowd funding is usually associated with charity, a start-up company or a one-time collection. The Content Creators Fund is not a charitable transaction as the investors (or token holders) have a substantial inherent benefit in this investment. The content investors in this case are contributing to an exceptional cause and at the same time receiving substantial gains on their investment as the growth of this ecosystem will reap multiple financial rewards for the investors including but not limited to, the fast track token price appreciation that is anticipated.

IF ALL THE MONEY WILL BE GIVEN TO ASPIRING CONTENT CREATORS HOW WILL $MCONTENT AS A PLATFORM MAKE MONEY?

The platform’s revenue streams will be as follows:
Monthly Subscription from platform users (Token Holders to be exempted from initial subscription)
1% of every buy & sell $MCONTENT transaction will be allocated to the platform development and operations cost.
The platform will also allow for content trading, auctioning and requisitioning. All ecommerce transactions on the platform will have a fixed commission percentage for $MCONTENT which will be equally distributed between the platform development and the Content Creators Fund.
$MCONTENT is working on a separate revenue line named “MCONTENT ORIGINALS” which will comprise all of our original projects created under direct supervision of the $MCONTENT with complete IP and content rights belonging to the platform. The initial $MCONTENT originals already sourced include an original film, an original comedy web series, an original YouTube show and an original music album. These projects have already been initiated and are highlighted in our Q3 focus topic which is “Mass Adoption of Blockchain throughout the World”.
In-App and web advertising revenue will also be a significant source of funds

WHAT IS A FOCUS TOPIC AND WHY IS “MASS ADOPTION OF BLOCKCHAIN” THE FIRST FOCUS TOPIC?

$MCONTENT will always allocate a percentage of the Content Creators Fund for the original projects as this will ensure long term sustainability and profitability for the project. Every quarter there will 3-4 global original projects funded by $MCONTENT. The first focus topic is block chain mass adoption as it ties in with the purpose of our existence. We are trying to fuel the content revolution using the power of blockchain and mass adoption is the greatest need of the hour for the crypto world. We will be creating powerful original content on the subject in order to tell the entire world about the huge potential of the blockchain via exceptional storytelling, original humour and music. All $MCONTENT Token Holders will get a free subscription to the Beta Platform as well as a free 3 month subscription to the full platform.

WILL THE TOKEN HOLDERS GET FREE PLATFORM SUBSCRIPTION?

All $MCONTENT Token Holders will get a free subscription to the Beta Platform as well as a free 3 month subscription to the full platform.

HOW WILL THE TOKEN HOLDERS BENEFIT FROM THE GROWING SUBSCRIPTION BASE?

30% of all platform subscription revenues will be re-distributed to the token holders in the following
manner:
15% of net revenues to be used for Manual Token Burn benefiting all token holders
15% to be redistributed to all token holders through airdrops

WHAT MAKES $MCONTENT DIFFERENT FROM OTHER CONTENT PLATFORMS LIKE YOUTUBE, NETFLIX, AMAZON PRIME ETC?

$MCONTENT will become a hybrid of Crowdfunding, Netflix and Youtube all in one where content
creators, viewers, users and token holders all have a stake in the platform as well as all the content being
created.
As a content creator or publisher, you will become part of an ecosystem where your
followers/fans/supporters can pay you in $MCONTENT tokens.

IS THERE A FUNDING CAP FOR $MCONTENT?

MSeed

Upto USD 5,000 for shorts (Any Genre/Category)
Upto USD 20,000 for feature length film (Any Genre/Category)
Upto USD 200,000 for web series (Any Genre/Category)

MOrginals

All the financial allocations of MOriginal content will be evaluated according to the concept and production scale.

MOriginals properties will be designed by Mcontent ExCo and presented to the mentors before kick off. These properties will be developed in collaboration with content creators/companies that have proven track records of global experience and specialist expertise.

Current allocations are as follows:
UP TO $5,000 FOR YOUTUBE SERIES
UP TO $15,000 FOR SHORTFILMS
UP TO $100,000 FOR WEB SERIES
UP TO $200,000 FOR FILM

IF MY PROJECT COSTS HIGHER THAN THE FUNDING CAP AM I STILL ELIGIBLE?

We understand that during the initial period the Funding Cap may not be sufficient to cover the full cost
of many deserving projects. In such cases, once approved, content creators will have the opportunity to
source the remaining fund from alternative streams. However, the financial modelling of the project
needs to be presented to the $MCONTENT mentoring committee for them to endorse the costing of
every project, whether fully or partially sponsored.

HOW DOES THE CONTRACTING WORK? WHO HAS THE IP AND OWNERSHIP OF THE CONTENT BEING PRODUCED & WHAT IS THE COMMUNITY REPAY PROGRAM?

Community Trust is the biggest component of our agreement with content creators and will supersede all legal bindings. Every selected content creator will be required to make a vow to the community in the LIVE AMA to ensure his/her full commitment to the community repay program. As part of the community repay program, 30% of all consolidated earnings by the content creator or film maker from the funded project will need to be reinvested into the Content Creators Fund. If $MCONTENT completely funds your content, the community repay program will be calculated as 30% of the full revenue, however, if the project is partly funded then the community repay amount will be calculated on pro-rata (30% of consolidated profits times $MCONTENT’s funding percentage in the project). The contractual bindings will entitle $MCONTENT to shared IP rights, shared ownership on all content being produced and it will also include Digital Rights Ownership for publishing the produced content on the $MCONTENT platform. The digital airing rights for $MCONTENT will be exclusive where a project is fully funded by our Content Creators Fund and the digital rights will be non-exclusive in cases where the project is partly funded by $MCONTENT.

I AM A CONTENT CREATOR WHO ALREADY HAS PRODUCED CONTENT. HOW DO I EARN MONEY FROM THIS PLATFORM BY UPLOADING MY CONTENT? WHAT IS THE MONETIZATION POLICY?

Existing content owners will be able to either sell their content on our platform or publish their content for our viewers or subscribers. The platform will be monetizing all content consumption through advertising revenue, whereas the content owners will be compensated in the form of tokens that they will earn with every view. The initial Pay Per View model (PPV) will be announced with the launch of the beta version and the tokens will be paid to the content creator upon every 100 views.

HOW WILL I BE PAID IF MY SEED FUND PROJECT GETS APPROVED? WILL PAY- MENT BE DISBURSED TO MY ACCOUNT IN MY LOCAL CURRENCY?

During the initial period, the fund will be disbursed in any crypto currency of choice for the content creator including BTC, ETH or BNB, minus conversion rates and relative bank charges. However once $MCONTENT is listed on major exchanges like Binance, all outgoing payments will only be executed with the $MCONTENT token. For exceptional cases where the content creator or film maker does not have access to withdraw blockchain amounts, $MCONTENT will make arrangements to have the funds delivered to them, in the local currency, into their bank account, as a NET amount (minus the conversion rates and bank charges).

WHEN WILL THE FIRST SEED FUND ALLOCATION BE ANNOUNCED?

The first of the seed fund allocations will be announced in the first week of July 2021 after the live applications have been voted for in the AMA as described in Q4.

WHAT ARE THE COMMUNITY GUIDELINES?

No Nudity, hate speech, suicide, self-harm, child safety concern, violent or graphic content. Content on political subjects or matters of widespread public divide will be analysed carefully by the mentoring committee.

WHO ARE THE TEAM AND SPONSORS BEHIND $MCONTENT?

The team consists of a diverse group of multi-talented individuals with strong leadership profiles coming together to inspire a content revolution. The sponsors behind $MCONTENT comprise of a group of established investors based in the UAE, USA and Canada who have a vision to change the global content landscape in the years to come.

WHEN CAN WE MEET THE TEAM?

Four of the team members are already doxed and their information is up on the $MCONTENT website. The founders and sponsors will also reveal their identities with the platform launch. The doxed core team members will be available on live video and voice chat to give further confidence to the $MCONTENT community, prior to the token launch.