Announcing Our BetaNet Launch
Bringing Our Vision One Step Closer to Reality
After months of hard work, the Decentralized Pictures team is thrilled to announce the launch of our betanet of the T4L3NT Network, a first-of-its-kind arts and culture focused blockchain based on Tezos technology using a proof of stake consensus algorithm. The first application built on the T4L3NT Network is the DCP App, which will launch in early 2022. On the DCP App, the FILMCredits will support the foundation’s goal of opening Hollywood’s doors for artists that lack the connections and funding to realize their visions on-screen. As a fork of the Tezos blockchain, the T4L3NT Network is designed with on-chain governance and security in mind, creating a fair and transparent protocol.
During the betanet stage, users can get a miner pack that includes a REEL of 1,001 FILMCredits, a mystery FILMCrew NFT, and a miner badge. The 1001 FILMCredits is the set amount to begin mining and covering gas fees to set up a node on the T4L3NT Network. Supporting the network and mining will ultimately earn users additional FILMCredits.
As we’ve outlined in previous posts, DCP’s mission is to support independent, aspiring filmmakers and their artistic visions for the future of cinematic arts. Through the DCP App, our decentralized structure empowers the DCP community to curate content and tell us directly what they want to see. Not only does the community play a crucial role in bringing these films to life, but participants are also rewarded in FILMCredits attached to real value.
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By running our platform on blockchain technology, we are attempting to effectively provide the transparency and accessibility that the film industry does not always currently provide. Once a film project has been democratically selected on the DCP App, DCP will present the winner with a financing award option and key guidance throughout the filmmaking process by connecting them with top production companies, agencies, and industry support. Additionally, a portion of the funds will be allocated exclusively for awards that benefit filmmakers from underserved and underrepresented communities.
Our vision for the T4L3NT network is a virtual studio of apps that supports the arts and the people that make them. We’ve only scratched the surface of how blockchain technology’s democratic principles can be applied to the arts, and our art & culture focused blockchain, the T4L3NT Net, is the first step in creating a solid foundation for app developers to build a complete ecosystem of arts and culture innovations.
Hollywood needs more diversity — both in filmmakers and the films themselves — and we’re excited to open the industry’s doors to an influx of fresh and creative ideas and talent. These are the principles that went into creating the DCP App, and the launch of beta testing the blockchain that underlies the DCP App brings us closer to realizing not only our vision, but more importantly, the visions of artists everywhere.
To participate in beta testing our T4L3NT Network, visit decentralized.pictures.
