The second problem with the media and entertainment industry is that the content creators are not on the same playing field. Currently, the media and entertainment industry is managed by the people who already have a foothold in the industry. Many independent movie makers are not able to raise the money for their Nisha projects. To tackle such a problem, we can create a blockchain based crowdfunding solution, which will utilize tokens. A blockchain based crowdfunding solution can use smart contracts, where the public can invest in the projects and get tokens in return, the public would be able to earn on the investment over the content as per the project earnings. gains for the project can be made available to the people in the form of the percentage of their investment.

KYC can also be enabled to track the investment made by the public and the profit After the release of the movie, The benefit of such a blockchain solution is that it offers tons of advantages, including privacy and transparency. Moreover, there would be no need to source out and implement an external payment system and verification process. The blockchain itself will handle all the services and benefits. Now let's understand this use case with the help of a diagram. The first step is where the content creators conceptualize the movie or media which they want to make. This concept is finalized into a presentable form, and a smart contract is initiated for the funding of this project.

The smart contract is immutably stored over the blockchain and is agreed upon by the people who are participating in the financing of the movie or media project. People as investors will probably difference by using the smart contract and in return, they will get tokens related to the equity. smart contract runs till a specific date and after the end of the smart contract, funds are accumulated in the form of fiat currency by exchanging the tokens over a cryptocurrency exchange. The movie or the media is produced by the content creator using the funds accumulated through the smart contract, the media or movies released for public viewing. Finally, as per the movies performance in public, people earn through the smart contract. The earnings can be divided as per the percentage of the total tokens held by each investor on the smart contract.