ReelToken: A utility token that has global reach and utility

 

About ReelStar

ReelStar, an app that integrates live streaming, peer-to-peer chat, video sharing, audio and video calling, an NFT marketplace, and NFT minting within a unique Digital Wallet. With ReelStar, artists, creators, and fans will engage, collaborate, and benefit together from the growing media and entertainment industry. Everything from special effects and payments to marketing and infrastructure will be redesigned for a decentralized, blockchain-based Web3 world. ReelStar is building a platform and ecosystem that reimagines how artists, creators, and fans will engage, collaborate, and jointly benefit in the growing media and entertainment industry. This includes redesigning everything from special effects and payments to marketing and infrastructure for a decentralized, blockchain-based Web 3.0 future world.

By building an "everything" app that is private and secure - one in which artists, creators, and fans can engage in an intuitive, easy, and seamless fashion - ReelStar looks to lower costs and content creation constraints while improving times to market and user engagement in a fair, transparent, incentivized, and blockchain-secured fashion.

How ReelStar Is Helping Artists & Creators

ReelStar is a new app that is helping artists and creators by enabling the creation of NFTs within their platform. ReelStar is making it easy for artists and creators to create and sell NFTs by providing a platform that enables the creation of NFTs within the app. Users can buy and sell using their ReelToken within the app which makes it easy as it allows artists to easily create and sell NFTs of their work, without having to rely on third-party platforms or intermediaries.

By enabling the creation of NFTs within their app, ReelStar is helping democratize the artistic scene by putting the power back in creators' hands. It also provides a new revenue stream for artists, as they can monetize their creations in a way that was previously not possible by providing a platform that enables the creation of NFTs within their 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.

ReelStar has several features

The ability to easily create and sell NFTs (non-fungible tokens) of users’ work. This is a groundbreaking feature that allows artists and creators to monetize their creations and reach a global audience of collectors and enthusiasts.

A mobile-first platform design. ReelStar was created specifically to be accessible and easy to use on mobile devices, making it perfect for on-the-go content creation and sharing.

A wide range of features. In addition to its NFT and content creation capabilities, ReelStar also offers a range of other features including the ability to trade crypto and NFTs within the app, secure peer-to-peer chat, and an in-app wallet called ReelPay.

Access to the Metaverse/Omniverse. ReelStar is the first mobile video and entertainment application based on a Web3-enabled platform, providing users with integrated access to the Metaverse/Omniverse.

A global audience and marketplace for artists’ and creators’ content. ReelStar is designed to provide a global audience and marketplace for artists’ and creators’ work, enabling them to showcase their creations to a worldwide community of collectors and enthusiasts.

Easy access to Web3 and future technologies. ReelStar is designed to be accessible and easy to use for anyone, regardless of their technical background or expertise. This makes it an ideal platform for anyone looking to leverage Web3 and future technologies for both entertainment and profit.

Another unique aspect of ReelStar is its focus on being a mobile-first platform. The app was designed from the ground up to be accessible and easy to use on mobile devices, making it perfect for on-the-go content creation and sharing. This is a crucial feature in today’s fast-paced world, where many of us are constantly on the go and rely on our smartphones to stay connected.

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’s NFT Marketplace & Ecosystem

Reel Star offers a well-defined and segmented marketplace. It has both open and curated segments with general cross-platform functionality. Some features are specific to the particular demands of each segment. Key aspects are intuitive navigation, set and user generated groupings, enhanced recommender systems (with opt-in and opt-out options), public and private marketplaces and views. The marketplace is designed to appeal to and benefit both creators and collectors.

The marketplace design is fluid and efficient allowing for single or multiple digital assets to be bought and sold easily within the community. The platform is designed to drive engagement and connection. Promotion and marketing tools are available both in-platform and cross platform. The ecosystem is expandable and digital assets from games and other sources can be easily offered in the marketplace offering a range of benefits including access to a larger market, and access to both platform and cross-platform promotion tools.

ReelStar partners with GDA International

Michael Gord, the CEO of the GDA Group of Companies commented about the partnership saying, “ReelStar has a strong focus on community and exceptional user experiences, and a project leadership team is a seasoned group of industry leaders with deep expertise in the cryptocurrency industry. We are proud to partner with this project and look forward to making the team’s vision of a seamless Web3 “everything” app a reality.”

After ReelStar announced its upcoming 15 billion-token Initial Token Offering (ITO), and revealed that the platform uses smart contracts on the Polygon (MATIC) and Binance platforms to build highly customizable, cross-chain functionalities for use within its app, this news comes shortly after that announcement.

The ReelStar Application (app) Video Sharing, Live Streaming

The ReelStar App provides content access and distribution on both web and mobile platforms. Reel Star’s video sharing system is the drawcard of the ecosystem and provides secure access to all functionalities in one app. The application contains functionalities such as a media player for viewing content, tools for NFT creation, purchase and trading, access to the NFT Marketplace, an electronic wallet for storing, exchanging, and trading digital assets, a payment gateway and virtual card allowing seamless and costeffective fiat and cryptocurrency transactions, encrypted and totally private peer-to-peer (p2p) chat system with video, audio and text functionality.

The ecosystem can deliver multimedia services previously impossible on conventional platforms, including resource sharing, broadcasting, and advertising.Reel Star’s unique platform architecture and ecosystem, drastically reduces operating costs, with the resulting benefits being shared by all ecosystem participants. The REELT, developed by Reel Crypto, is the key to lowered costs.

Reel Production

Reel Production offers a platform where young and new artists can seek community support and/or donations for their projects. It also allows established, as well as new, creators/artists to share any profits arising from their project with their supporters. Many people have recognised the commercial, as well as intrinsic, value of artistic creation and endeavours. This enables enthusiasts and collectors a platform to follow, manage and identify new opportunities whether it is a single project or multiple projects within their portfolio.

Reel Production democratises the engagement and patronage of new and established artists/creators by allowing any level of support which is no longer restricted to large corporates or wealthy donors. Each project will reflect the history of the artist involved and their past projects. Success will breed further success. Reel Production provides a comprehensive analytical view of each project, to its creator and supporters. This is automatically integrated into any supporter’s portfolio to give a clear real-time picture of their portfolio status. Artists/Creators and supporters can be confident in the transparency and accuracy of all data as it is based on smart contracts. The artist/creator has complete control over the terms of the smart contract as related to their project at inception.

Reel Crypto & Sustainability

Reel Crypto has designed from the outset for the minting of digital assets to be as environmentally friendly and sustainable as possible. Our goal is to make the entire platform, including its users and their devices, to be a fully sustainable, environmentally responsible ecosystem that makes the world more liveable and enjoyable. Our Polygon (MATIC) blockchain is carbon neutral.

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

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

Main Technology Partner

REELT Tokenomics

ReelToken Social media link:

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

Writer info

Bitcointalk name: Greson Milo
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=3382083
Telegram Username: @GresonMilo
Wallet address: 0xc9395C46a11385e0E0bDa33758D38f0c25261E73