Please describe your proposed solution.
From the conception of a screenplay, the selection of actors, to the production of films, we believe in the need to develop a sustainable, decentralized platform.
Introducing COLLUDE: We are a Platform where writers, actors, directors & multitudes of stakeholders can Transparently COLLUDE to create truly great movies. The innovation of COLLUDE is composed of two components.
1 . The Business Model
COLLUDE's business model is to redefine the industry conditions and reward structures for participants. We will begin with a grass-roots drive to bring amateur and aspiring screenwriters, actors, and directors to the platform, creating a groundswell of talent. We will progressively market the platform up the food chain as we build adoption, with the eventual goal of being the go-to medium for all production studios and funding ventures. COLLUDE will charge a modest fee for enterprises to use the platform, more than making up for itself through huge efficiency gains compared to the present industry standards.
Assisting screenplay writers on the writer’s journey is very important. That’s why certain features will be implemented to help new and veteran writers along the way. Here are two areas with some examples;
Screenplay Conception: Logline,Outlining, Treatment & Character Development
- Creation of screenplay outline based on topic, characters, or settings
- A feature to help screenplay writers in the ideation phase we’ll be implementing API from GPT-3
Screenplay Drafts & Review: Drafts, Rewrites, Finalisation & Publishing
- Screenplay writers have the option to collaborate with other writers
- Using AI to auto-suggest the development of individual scenes
Market Information
Film Costs/Time
- A 20min Short film Costs 5.000 - 35.000 Euro
- The risks are too high when creating a film
- Planning is analog, with unreliable data
Screenplay Writers
- Writers have a 0.3% chance of their screenplay being seen
- Writers don't get any royalties for the Idea they created
- Small outlets to display their scripts for sample readings
- Little to no possibility of directly interacting with actors or producers
- Spec scripts are going through handlers
- Falling into traps when sending scripts to producers
- Needs a literary agents
- Difficulty monetizing their content
- External submission of scripts
- Defragmented Screenplay Market
Through the involvement of numerous third parties. There is No trust, transparency, or quality control throughout the process of film development. Because of these factors, many artists in the film industry suffer the consequences.
How We Do It
Building the Film industry from the bottom-up won't be an easy task. However, The Use of First principle thinking and a Bottom-Up approach: to build a self-sustaining ecosystem will help achieve the goal. To develop the system thoroughly, here are a couple of examples of specific questions we ask:
"What elements are needed for a film?"
The answer:
1) The Idea - Screenplay Writers
2) Internalising & Animating The Idea - Actors
3) Captivating & Visualising The Idea - Director Of Photography with camera crew:
4) Organising The Idea - Producers ***
5) Film Funding Entities - Film Funding Entities***
*** These elements can be replaced through the use of technology which is more efficient; organizing and funding can be provided in many different ways***
"What overarching elements are needed in all sectors? "
The answer:
- Starting (First Steps) - Focuses on the users’ orientation, helping them better understand the film industry. Using documentation, video, and other communication mediums, collude provides transparency, which will help new artists get the information they need.
- Self-help - provides the artist’s infrastructure to improve and get feedback on their performance and create a future outlook
- Making Money (Monetisation) - enabling the artist to use their talents to find or create the perfect working opportunity
- Working Methods and Connectivity - is a more straightforward and efficient way to work using more collaborative tools. Direct contact and efficient exchange of information helps the artist to work together.
- Building trust & Transparency - with the data that collude gathers, it is possible to create quarterly/yearly market reports endorsing a fair playing field for all.
The Platform will first focus on empowering these elements for Screenplay Writers, Actors, Directors & Camera Crew and in the future, other stakeholders that are necessary for film development such as costumes, sound effects, etc.
Why Cardano?
The market approach in developing the Cardano protocol is not about being the first to market. It is about stability and building value based on empirical research. These principles align with the principles we are using to build our solution. It’s not about being in a rush to build something fast that does not completely solve the problem. The film industry is antiquated and has layers of problems. Our approach is to build something community-driven, open, and welcoming. This is done by focusing on problems, and severity levels and directly connecting explicit endpoints. We also know that many mistakes will be made while developing this product but making mistakes is a way to learn and push forward. Cardano also has a valuable community where people are always supporting each other in every direction. They also directly affect how the protocols are developed and in what direction everything will grow. These fundamentals are pivotal for sustainable growth. And finally, our goal is to make long-lasting changes to the industry; not by creating films but by changing the film creation process by enabling the people behind it.
Technology Stack:
- Cardano Blockchain- Creating trust and transparency
- Enabling screenplay writers & other parties to safely store and track their Ideas as they’re being created.
- NFT's - For distinction & verification
- Enabling Users to buy, sell & license i.e. -screenplays with the ability to earn royalties
- Using QR Codes to verify the legitimacy of screenplay owners
- AI Components:
- NLP - Speech to text & text to speech
- API - Implementation GPT3
- NLP - Screenplay text recognition
Writers: User Journey
Screenplay Writers
Starting (First Steps) & Self-help & Working Methods and Connectivity - After the writer’s profile has been created. The writer has the possibility to:
- Find ideas for screenplays
- Write screenplays
- Allow screenplays to be reviewed & revised
- Collaborate on screenplays
- Upload a screenplay onto the platform
- Sell, License, & Auction Screenplays
Building trust & Transparency - Certain meta data about the screenplay is saved on the blockchain. When a screenplay is uploaded the platform algorithm verifies and checks the database for duplicates or screenplays with the same characteristics. The individual users are notified if conflicts occur. All screenplays created on the platform will be created with a QR code which will help to certify the screenplays. If the QR code is scant it will display the data regarding ownership of the screenplay and other relevant information.
Making Money (Monetisation) - After the screenplay has been created. At the user's disposal, they can sell their screenplays (NFT) for a monetary value or create a project enabling actors to join with the ability to produce the screenplay.
Our Goals
Through empowering artists, it enables them to become the backbone of the film industry and achieve the following goals
- Creating a safety net and guidance for film industry participants
- Enables artists to have economic freedom throughout the film industry
- Enables new ideas and content to be presented to end consumers
- Decoupling the film developing processes from centralized powers
- Building Transparency & Trust throughout the film industry
- Minimizing cost and time for film development
- Logging the origin and ownership of values and making them transparently traceable
- Enabling a "win/win" situation for the participants in filmmaking
- Creating a plethora of diverse ideas for screenplays
Please describe how your proposed solution will address the Challenge that you have submitted it in.
We strongly believe that it’s time to onboard people outside of the crypto-verse. There has yet to be a platform that doesn't require some technical know-how or understanding of the cryptic world of Defi or NFTs. Our goal is to onboard new users whose intention is to do something they like such as screenplay writing. We want to use the Cardano blockchain technology as the underlying technology or rails to validate and secure the work that end users are doing. Adoption is the key to growth. However, we cant have adoption if there aren't enough venues for acquisitions.
What are the main risks that could prevent you from delivering the project successfully and please explain how you will mitigate each risk?
There are many roadblocks and hurdles which could prevent us from delivering the product to market. The three clusters are technology and market conditions, and team. Looking at the technology stack many different components need to be implemented and connected. Theoretically, the technology is available however, these technologies need to be tested and vetted. It will take time and elbow grease. In the cluster market conditions, there are the stakeholders, business partners as well as product-market fit. We hope to have a big enough community to support the platform we are building as mentioned before, all the stakeholders must participate in the ecosystem. To do this, it is important to have the correct incentives. For your business partners, we hope that their field of expertise can and will help us to grow. However, it's impossible to know how well independent working groups can collaborate because many bottlenecks can happen throughout processes. This is why alignment in communication is very important. To have the correct product-market fit our goal is to have continuous & direct feedback from the community with the vision of being a “community-first product”. The final risk to mention is the team. We need to have a core team that is 100% focused on the project. If there are too many fluctuations it will hamper the product's growth and planned time scale for delivering value to the market.