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- Script Network Fundamental and Technical Analysis
Script Network Fundamental and Technical Analysis
Edition 107 - The Elite Cryptocurrency Investment Strategy Newsletter
Discord - https://discord.com/invite/scriptnetwork - 105K Followers
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Github - https://github.com/scriptnetwork
Whitepaper - https://documentation.script.tv/
The blockchain space has been rife with innovation, but few projects have successfully bridged the gap between decentralised technology and real-world industries as Script Network aims to do for television and film. At the core of this evolution lies the Script Network ($SCPT), an ambitious layer-1 blockchain platform built to disrupt the $2.5 trillion TV and film industry by enabling decentralised video streaming, content monetisation, and ad revenue distribution. With its dual-token system, Script Network empowers both users and creators through a democratised, transparent, and financially rewarding platform.
Since its beta launch, Script Network has attracted over 600,000 users, signalling growing adoption within the entertainment sector. Central to the network’s appeal is Script TV, the first watch-to-earn television platform. This system rewards users for their viewership, breaking the traditional pay-to-view model by enabling free access to premium content and incorporating unique elements of GameFi into the experience. By harnessing blockchain technology, Script TV facilitates decentralised video storage, enhanced viewer engagement, and a direct monetisation model for creators, bypassing the need for third-party intermediaries.
At its foundation, Script Network introduces two key tokens: $SCPT (the governance token) and $SPAY (used for rewards and transactions), creating an integrated, sustainable ecosystem. The $SCPT token serves as the network's governance mechanism, allowing token holders to participate in decision-making processes that directly influence the content offered on the platform. The governance model, alongside Script Network’s community-driven ethos, underscores the platform’s commitment to decentralisation.
Script Network’s core proposition is particularly compelling when considered against the backdrop of an industry in need of innovation. The TV and film sector has seen rapidly increasing costs for premium content, leaving both consumers and creators with less value. Much like the disruption experienced in the music industry two decades ago, the model for media consumption is ripe for change. Script Network positions itself as the solution, offering free, globally accessible television supported by decentralised infrastructure. This transition mirrors broader trends in digital media, where decentralised technologies can cut costs, increase transparency, and enhance user control over content.
The market opportunities targeted by Script Network are substantial. Apart from its engagement with the global TV and film industry, it taps into the rapidly growing Free Ad-Supported TV (FAST) market, which is valued at over $18 billion. FAST represents a seismic shift in content consumption, offering free, high-quality television programming supported by ads rather than subscription fees. In this space, Script Network is uniquely positioned as the only blockchain-based streaming platform with licensed tier-1 advertisers like McDonald’s and Mercedes, offering a direct revenue stream independent of token speculation.
As a layer-1 blockchain specifically designed for video delivery and decentralised storage (dStorage), Script Network reduces costs for filmmakers and content creators by up to 70% on transcoding, storage, and distribution—addressing one of the key pain points for media producers.
The platform's ScriptGLASS NFTs offer an upgradeable system that integrates into the watch-to-earn mechanism, allowing users to optimise their earnings based on their engagement. This gamification of media consumption not only incentivises greater user interaction but also creates additional revenue streams for both the platform and its users.
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