ICST

ICST (ICST) Token logo

ICST (Individual Content and Skill Token) is a blockchain technology based protocol for the trading of personal creative and sharing skills. It serves individuals for the creation, publication and promotion of their content and skills. ICST is applicable to all platforms that are willing to adopt the agreement of ICST

The ICST platform is used to store, share and protect digital creative content to protect artists, lower transaction cost and create an efficient ecosystem of revenue sharing. ICST – A More Open and Efficient Ecosystem for Personal Contents and Skills Sharing

Contents

Token (ICST)

Token (ICST) is a blockchain-based protocol and token (Individual Content & Skill Token) designed to improve creative content and skill sharing across the world. By providing a revolutionized framework for content sharing, we’re able to increase the income of content producers, reduce transaction costs/fees, and create a powerful evaluation system that connects consumers directly with the content that best meets their needs.

Meanwhile, producers of all backgrounds will gain a level of control over their content that is impossible in our current content creation industry. The decentralized ICST platform will allow content producers to publish, promote, and trade their content and skills without having to answer to anyone in the process. They will exclusively control the copyrights to their work and get compensated what they truly deserve. Based on Ethereum and smart contract technology, the revolutionary ICST ecosystem aims to create a fair, transparent, and efficient trading environment for all parties involved.

In addition, our complex social media marketing model will reduce the costs associated with content distribution and increase revenue streams for producers around the world. We also plan to create an incentive system to encourage individual contributors to help design and implement the goals of the platform.

ICST is a platform used to identity, store and protect creative content using blockchain technology

The roles in the ecosystem

  • Producer The producer is responsible for producing sharable digital content in music and videos, or providing personal services such as interactive gaming, voice chats, guided tours, psychological counseling. Digital content creation generates income through the advertising fees on the platform, while technical service generates income through payment for the service.
  • Consumer: The consumer is the recipient of the content or service. They can obtain income by participating in social marketing and sharing the advertising fees. Meanwhile, they are responsible for evaluating the merchandise, ensuring its originality, and reporting plagiarism, for which they are compensated with credits.
  • Moderator: The moderator’s role is undertaken by the consumers who have attained certain credits. They are responsible for the arbitration and resolution of disputes in the payment procedure.
  • Distribution platform: The distribution platforms include the presenting platform for personal content and a matching platform for personal skills. The former obtains income through product deployment and the presentation of personal content to the clients, while the latter obtains income through the establishment of intermediate platforms for matching producers and consumers and collecting intermediary fees. Both platforms will build a significant amount of traffic through the social marketing system.
  • Advertiser: The advertiser is responsible for monetizing the content through stream advertisements, creating and managing advertisements, improving the search accuracy of the advertisements through artificial intelligence, and advancing the cooperation between the distribution platforms and the advertisers.

Roadmap

2017

  • Research and Development
  • Research completed to migrate StarMaker to the ICST platform
  • Feasibility study for ICST as a decentralized user-centered content ecosystem

2018

  • ICST smart contract token release
  • Smart contract for ICST completed
  • Successfully closed private sale
  • Develop prototype
  • First generation of ICST will be completed with all basic component functions. The copyright certification, dispute resolution, content sharing, and revenue sharing systems will be completed

2018-2019

  • ICST system promotion and advanced operations Wide-scale promotion of the ICST platform. Market testing and system upgrades to come with user feedback. Improvements will be focused on revenue sharing mechanisms for content creation
  • Continued ICST application upgrades De-bottlenecking and systems architecture upgrades toaccommodate the rapidly growing ICST userbase. Resolve all issues related to decentralized storage and transaction speeds to boost the scalability and flexibility of the system

Links

White Paper

Oficial site

Resourses

See Also on BitcoinWiki