DECENT Blockchain Platform to Help Artists

DECENT Blockchain Platform to Help Artists

The DECENT content distribution system uses blockchain technology to give content creators more control of their ownership and distribution.

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The DECENT content distribution system uses blockchain technology to give content creators more control of their ownership and distribution.

Artists will be able to distribute different types of content like writing, music, ebooks, videos and pictures, as cryptocoinnews.com wrote in a recent report.

The system  does not depend on third parties. Thus, artists can have their own IP rights and pricing, as the article added.

The network is free of charge for artists and consumers. DECENT has a purpose-built blockchain that is designed to ensure trust and security for users.

A Simple Distribution Platform

“DECENT Network is a reaction to the issues that the majority of content producers face nowadays in the entertainment and media industry.”, as Matej Michalko, founder and CEO, said.

“There is too much artificial complexity and too many barriers in the industry affecting both the access to market and income of the content owners. The majority of the power is concentrated in the hands of a few players controlling the industry.”, as he explained in an interview with cryptocoinnews.com.

“Artists, filmmakers and writers lose control over their work and depend on the mercy of the ‘big guys’.”, as he elaborated.

“We designed DECENT Network to do away with all that and bring more transparency and fairness to the digital content industry.”‘, Michalko added.

As DECENT estimated, writers lose between 30% and 75% of their profits when publishing on Amazon. On the other hand, a musician loses around 30%, while selling on iTunes.

The Content Distribution Industry grows

The elimination of third parties can cut costs in the global media and content distribution industry. The level of spending is estimated to increase from $1.7 trilion in 2016 to more than $2 trillion in 2019, DECENT pointed out as quoted by cryptocoinnews.com.

Some of their competitors include SingularDTV, a company that focuses on the movie industry, Ujo Music, which concentrates on audio content, and DNN.media that deals with news.

DECENT claims that incorporating all forms in one service is their unique advantage, as cryptocoinnews.com reported.

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