ReelStar

ReelStar

Introduction of ReelStar

The ReelStar app is the first “everything app” developed from the ground up on a decentralized Web3 multi-blockchain platform with integrated live streaming, video sharing, peer-to-peer chat, audio/video calling, NFT minting, NFT marketplace, and a Digital Wallet with unique functionalities. The ReelStar app allows anyone to safely and securely hold REELT, exchange it for fiat or other cryptocurrencies, or even use it for discounted goods and services within the ecosystem. The ReelToken enables and underpins their revolutionary vision to globally democratize access to Web3, metaverse, and future technologies from within a single app.

With a strong focus on community, user experience, deep expertise in the cryptocurrency industry, and a formidable international management team, ReelStar makes it possible for those with no technical or financial knowledge to benefit from potentially unlimited earning opportunities within the app.

 

What Is The Vision of ReelStar?

ReelStar is combining the all-in-one convenience of the everything platform, with the confidence of smart contracts for all transactions, enabled by the true utility ReelToken (REELT). The ReelStar app and its ecosystem are pushing the adoption and usage of digital assets across all aspects of the global media and entertainment industry. For most of the world, the ReelStar app will be just the first step to Web3 and the metaverse.

Blockchain technology is for everyone, not only individual artists but also, film studios, record labels, event planners, festival organizers, cinema, and live venue operators, to name just a few. All of these parties will be able to increase engagement, and market share and introduce new opportunities using the ReelStar ecosystem. And, of course, the audiences will be given experiences that will leave them wanting more.

The Reel Ecosystem

ReelPay provides the ReelStar app ecosystem with a fully integrated digital wallet. ReelToken (REELT) is its native token that is built on a multi-blockchain infrastructure; Polygon (MATIC) and the Binance Smart Chain (BSC) networks. By utilizing a multi-blockchain it generates benefits such as blockchain redundancy and arbitrage options. In effect, ReelToken holders can efficiently, cost-effectively, and safely hold their tokens and exchange them for either fiat or other cryptocurrencies. They can also use REELT to buy discounted goods and services within the ReelStar app.

ReelStar is the decentralized, multi-blockchain, and Web3-integrated platform that incorporates video sharing, live streaming, audio-video calling, P2P chat, NFT minting, a marketplace, and a digital wallet in one app. It’s an ‘everything’ app.

 

What are the ReelStar consortium products?

ReelCrypto develops the blockchain and the decentralised and metaverse aspects present within the ReelStar app including the ReelToken (REELT) utility token.

ReelToken (REELT) is a genuine, utility token that was created for global reach and use cases. It is the critical fuel that binds the ecosystem together and enables the seamless integration of all that goes (and will go) into the ReelStar ‘everything dapp’.

ReelPay handles all the payment-related functionalities related to fiat and crypto-related transactions along with a debit card. There are many future functionalities planned for the later development of ReelPay. The ReelPay Digital Wallet has a clean, user-centric interface that provides easy and intuitive access to all the financial services integrated within it.

Reel Crypto’s Platform Advantages

Checks & Balances
The safety and security of ReelToken (REELT) is warranted by the Reel Crypto governance token and its advanced consensus, governance and control mechanisms which ensure the stability of the ReelToken ecosystem. These mechanisms allow us to be able to mitigate the most significant security issues which have been identified, to date, in decentralised consensus mechanisms and by cyber security reports.

Trust & Accountability
We recognise that trust is a a many-to-many relationship with all participants having a key role. Our responsibility and commitment is to provide a platform that is always safe, and secure and which maximises the experience and benefits for all parties.

Multi-Blockchain Platform
ReelToken has a multiple blockchain infrastructure that enables both cost efficiencies and redundancies. This enables the ReelToken ecosystem to function optimally even if one of the blockchains has congestion or performance issues.

Ultra Fast & Secure
Blockchain technologies are changing rapidly. Our multi-blockchain infrastructure is easily extensible to add future or existing blockchain to ensure that speed, reliability and security are at the highest levels.

Highly Scalable
Our multi-blockchain infrastructure and technology stack was designed and stress-tested to both ensure our ability to handle large traffic volumes as well as maintain the best customer experience.

Reliable & Cost Conscious
We are very aware that users require and expect both reliability and cost-effectiveness. Our multi-blockchain infrastructure and technology stack enables us to maintain reliability and cost efficiencies by seamlessly acting in the background to ensure that changes that impact pricing and/or performance across different blockchain platforms are leveraged in real-time for our users' benefit.

Safe & Secure
As the blockchain technology provider for the Reel Pay payment platform, we understand safety and security are as paramount to their users as they are to us. We have implemented the current leading-edge standards in and across protocols, encryption and security.

Reel Crypto, Reel Star & NFTs

Reel Star’s mobile app allows users to create and manage their own NFT’s with specific use case options available to support the various and specific needs of creators in different market segments. NFT creation can be both ad hoc and as part of a planned delivery and launch. There are in-app tools to assist at each level. NFT creation at all levels is designed to be intuitive, and supports multiple use cases, from complete user control to the bespoke Reel Star Concierge service, NFT creation is secure and seamless with the option of automatic or customised distributions.

The ReelStar app’s attributes filter allows for both broad as well as highly specific searches enhanced by platform, creator and community tagging. It allows for greater discrimination in search and selection reducing the time
for collectors to find exactly what they are looking for and allows creators to target their market and not to be lost in a sea of releases. The attributes can be integrated within the platform recommender system.

 

Reel Star & the Metaverse/Omniverse

The ReelStar app provides a gateway into the Reel Star Metaverse/ Omniverse. There are a number of special initiatives planned which will be publicly promoted at the relevant times. The REELT will be a fundamental component of the Web3 enabled Metaverse/Omniverse experience.

Reel Pay Digital Wallet Virtual Debit Card System

The financial industry is rapidly changing and developing in the move from the real world to the digital world and from fiat to crypto currency. The Reel Pay Wallet has few limitations and incorporates virtual card technology, (associated with the the relevant Debit Card platform) and its ease of access and use is expected to overcome demographic usage barriers and democratise access to financial resources. Virtual bank cards mimic physical cards and also have a 16-digit number and a CVV number, allowing them to be used to purchase items in the real world or on the internet. Their functionality and usage are identical to the physical card, but reside on the Reel Pay Wallet associated with the customer’s smartphone.

What makes us unique?

The first mobile video and entertainment application based on a Web3 enabled platform providing integrated access to the Metaverse/Omniverse. A seamless easy-to-use platform to create and monetise a full range of NFTs. The app is designed to provide a global audience and marketplace for artists’ & creators’ content. The app is designed for anyone to be able to access and leverage Web3 and future technologies easily for both entertainment and profit (No IT qualification required!)

The app was created with the purpose of enabling people with shared interest to create positive, meaningful and beneficial communities both locally and globally. The app facilitates both communication and sharing. A digital Debit Mastercard is integrated into the app enabling full access to Mastercard benefits internationally with the option to obtain a physical card

Roadmap 2022/23

Quarter 3/22

Begin smart contract, marketplace development

Ramp up Community Management initiatives

Execute partnership agreements

Deploy REEL STAR Wallet Alpha Internal Test Version

Update Whitepaper

Deploy Marketplace Alpha Internal Test Version

Finalise venture partners

Increase Marketing Efforts

Continuous testing, enhancements and code development

Continue private sales prospecting

Code and integration audits

Engage with artists and strategic partners

V1.3 UI/UX finished

Media content creation

Quarter 4/22

Continue onboarding new artists/creators

Announce artists and strategic partners

Explore Metaverse Partnerships

Marketplace alpha finished

Code, platform and integration audits

Continue Marketing Efforts

Airdrop marketing

Alpha Secondary Market opens

Increase functionality

Smart Contract audit

Launch/Deploy Reel Star Wallet

Reel Pay Integration

Pre-sales

ITO

Pre-Launch

Quarter 1/23

Public Launch

Iterative app development releases towards V2

V2 marketplace launch

Increase artist outreach

Increase Metaverse integration

Release loyalty programme

Refine generative tool for users

Open Loyalty programme and Business Integration and outreach

Launch Collectors Club

Develop Wallet API

Develop Artist/Creator Fund

Begin 2nd airdrop

Beta Test FH Encryption integration

Reel Star App Deployment on Web

 

REELT Tokenomics

Leadership Team

Founders: Navdeep Sharma & Nick Bahl

CEO (Chief Executive Officer): Mark Hauptman

COO (Chief Operating Officer): Hardeep Singh

CTO (Chief Technology Officer): Andrzej M

CRO (Chief Revenue Officer): Jaspreet Manku

CFO (Chief Financial Officer): Shammi Batra

CMO (Chief Marketing Officer): Kiran Deshmukh

CPO (Chief Product Officer): Ojas Deshmukh

GM (General Manager): Shubham Goyal

 

VISIT HERE:

Website: http://reelcrypto.io/
Whitepaper: https://www.reelcrypto.io/wp-content/themes/reel-token/documents/ReelToken%20-%20Whitepaper_V3.01_V4.pdf
Twitter: https://twitter.com/reel_token
Telegram: https://t.me/ReelTokenOfficial
Discord: https://discord.com/invite/sQ7KCpSEaD
Facebook: https://www.facebook.com/reelstar.io

 

AUTHOR

Bitcointalk Username: Bazalala

BitcoinTalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=3465913

Gmail: jchun7429@gmail.com

Wallet Address: 0x95bf5FB5052270e18B8369F2B47135A0853a5FD7