Qravity ICO: A Decentralized Content Production and Distribution Platform Where Creators Own and Profit From Their Work

Qravity

Qravity provides a space for creative visionaries to collectively develop original monetizable digital content, including movies, music, games, e-books, and applications. The platform uses virtual tokens on the Ethereum blockchain to track digital content creation, distribute project stakes among team members, and bring Qravity-produced content finalized on Qravity directly to market. Blockchain technology makes the platform’s transactions transparent in terms of revenue, product distribution, and profit sharing. Generally speaking, Qravity improves collaboration and eliminates obstacles as producers and creators conceive, develop, and distribute unique content that consumers crave.

Qravity	ICO Status: Coming	TBA
https://qravity.com	Concept: The Qravity platform is a decentralized digital content development and distribution platform with integrated project management tools, including asset production and approval, file sharing, and messaging for community and team communication. Project team members use these features according to their role. For example, founders can use the platform to direct their creative teams, while creators can track their progress and stakes. Upon project completion, Qravity brings the content to market, making it consumable through its platform, selling rights to distributors, and selling directly through third-party digital marketplaces like app stores and streaming services. The platform uses tokens called Qravity QCO (QCO) for all monetary transactions. Anyone can buy these tokens with ETH during the Qravity token sale. After the sale, QCO will be available on third-party exchanges. Qravity Project Tokens (QPT) are project-specific tokens that track project ownership; in other words, they represent shares in a project. QPT are for internal use only and cannot be purchased. These tokens are created and given to content creators in exchange for the work they complete for a project. A content creator can complete tasks for, and therefore receive QPT from, multiple projects. Every time a consumer or distributor buys content on the Qravity platform, creators receive a portion of the payment in QCO based on the amount of QPT they earned for their contribution to the content’s production. The more tasks they completed for a specific project, the more QPT they earn for their work on that project Whitepaper: Get more information
Venture	Raised Capital: No Venture Round: Upcoming Price: 1 QCO = 0.0002 ETH	ICO token Distribution: 37% for Marketing Qravity projects, 19% for Marketing Qravity platform, 18% Operations, global offices, & CS, 14% for Ongoing platform development, 9% for Community events, workshops, 3% for Legal & financial counsel
Mining	Supply: Total supply: 1,000,000,000 QCO Tokens available during the sale: 500,000,000 QCO Hard Cap Pre-sale: 12,000 ETH Soft Cap during Sale: TBA Hard Cap during Sale: TBA	Usage: Token sale 50% Team members & advisors 22% Reserve 14% Token stability 12% Community rewards 2%
Competitors	Qravity is indirectly competing with production studios; it offers a more transparent and cost-effective production and distribution format than traditional digital media companies. The platform reduces the need for large overhead, and mitigates operational restrictions and costs, such as leasing and renovating workspace and employee salaries. Competition in the digital media industry is extensive, but the business model that Qravity offers its collaborators is unlike any other– the platform has been designed for a new generation of consumers and creators.
Initial Coin Offering	Pre-ICO Launch: 18th of August 2018 Pre-ICO Finish: 31st of August 2018 Round 1 ICO Launch: 1st of September 2018 Round 1 ICO Finish: 7th of September 2018 Round 2 ICO Launch: 8th of September 2018 Round 2 ICO Finish: 14th of September 2018 Round 3 ICO Launch: TBA Round 3 ICO Finish: TBA ICO Tradable on Exchanges since: still not tradable	Platform: Ethereum (ERC20 Token)
Offices/Locations	Austria

Team behind Qravity

David Brandstaetter

CEO & Founder

A talented producer and music composer in his own right, David is an ardent champion of innovative content. Business savvy gained through his experience in film distribution has given him a deep understanding of the wants and needs of creative teams, project managers, and consumers. Following a multitude of successes at Rockstar Games and Sony DADC, where he worked on projects for Warner Bros. and New Line Cinema, David founded Qravity to connect visionaries with creators and deliver original, high-quality content to enthusiastic audiences. David is also the founder and Managing Director of Vienna-based 3D animation studio Tectonic Slide, where he is active in production planning, story development, and project management.

Sascha Dennstedt

CFO & Co-Founder

Christian is a prolific entrepreneur and angel investor who operates across a wide range of industries, including biotechnology and medical diagnostics. He has set up several successful global biotech startups, and co-founded Tectonic Slide Entertainment and Qravity. Christian is the primary investor and business advisor for both companies, and is bolstering their endeavors with his visionary approach to business development, sales, licensing, and product brand marketing.