[ACTION] Vanity FairWhite Paper

acter.tv

A blockchain enabled platform for movie & TV crowdfunding, distribution, and dissemination

2018

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01 About ACTION

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02 Technology

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03 Investment Plan

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04 Roadmap

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DIRECTORY

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Introduction

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___ACTION Foundation

ACTION is the first public blockchain for the global movie and entertainment community. It dedicates to provide a dreamed performing stage for every genius actor and artist.

Founded on reception aesthetics, ACTION utilizes innovative blockchain technologies to subvert the hidden rules and little coterie culture in the movie and entertainment industry. It aims to develop an open and creative community that respects talents and, through quantification of public opinions by crypto tokens, eventually allows the audience to judge and impact the movie and entertainment products, which will help the excellent professionals and non-professional talents stand out. ACTION establishes an innovative platform to facilitate filming, production, advocacy, and distribution of movie and entertainment products and guarantees the benefit of every participant by legal agreements in combination with smart contracts. It forms a new ecosystem for the movie and entertainment industry and encourages production of excellent film and television works.

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What We Face

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Current movie and entertainment industry is problematic

➢Monopolized by capital and power

➢The public lacks choices

➢The clique culture limits options on scripts and actors

➢ Full of hidden rules and rampant scandals

➢Crappy films get popular while good scripts are often buried

➢Exclusive for superstars, leaving good actors on the bench

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Our Solution

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ACTION

➢ Creates a blockchain platform built on Stellar framework and issues cryptocurrency (ACTN) as a financial instrument

➢ Issues a private blockchain for multiple parties to collaborate in incubation, filming, and advocacy of their remarkable works, as well as a standard digital contract and a mature financial framework for the whole production chain

➢ Develops an open and creative community for the public to share their opinions

➢ Develops a decentralized P2P video sharing and steaming platform with protected copyrights

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Our Vision

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ACTION will be

➢ An eminent film production platform that constantly delivers remarkable movie and entertainment works

➢ A vibrant movie and entertainment community for the public to inexhaustibly discover and share their knowledge and opinions

➢ An impartial platform for talented screenwriters, actors, and directors to stand out

➢ A "viral" decentralized broadcast and streaming platform that empowers the cognitive surplus of millions of young artists

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Project Introduction__

Devices supported by ACTION protocol Entertainment content supported by ACTION

PC+Web Mobile+H5 VR+AR P2PVideo

Distribution

O2OMovie & Actor

Promotion

Actor & Project Private Chain,

Project Surveillance

Hollywood Contract Templates & Pay Distribution

Framework

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Project Introduction

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ACTION will serve as a universal credit platform for the global movie and television network, mark the user's

entertainment-related activities through ACTN, and finally share the credit data to the ACTION network's

applications. ACTION supports all digital cryptocurrency mirrors, and ACTN(ACTION) is the base currency. Stars

and producers can publish their private chain on the public chain, can raise funds for their projects, and publicize

the promotion. At the same time, ACTION can develop a distributed P2P distribution system for video content.

ACTION platform features also include the public appraisal HOT index and rankings, the standard process of the

crew, the copyright agreement and Hollywood pay system framework and other applications.

ACTN has the dual value of credit storage and identification. The records that the user obtains and spends ACTN

will be stored in the blockchain network as core identity information, and will be recognized and inherited by all

ACTION applications. It is the only credential for users to pass through the global entertainment system. At the

same time, ACTN is not only a token for storing credit value, but also a symbol of the user's identity in the ACTION

entertainment system.

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Financial Analysis__

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Global movie & entertainment market volume

~1 Trillion US Dollars

Fan Economy Movie & TV Box office & peripheral products Info Sharing

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P2P Distribution Platform__

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Meaning of ACTION protocol to the movie & entertainment market

A decentralized P2P distribution system

The number of online video broadcasts on the Internet has grown rapidly. However, the online

movie broadcasting platform has formed a new monopoly. The income ratio of producers of

movie and television productions and production teams is not fair. The network system based

on the ACTION protocol provides decentralized and distributed video content distribution and

viewing modes, completely disintermediating, allowing users to become potential P2P

distribution network nodes while watching high-definition video and benefit therefrom. The

application of digital encryption technology protects the interests of content producers and

producers. Consumers pay lower viewing fees through ACTN and get the excess returns from

ACTION development.

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Decentralized P2P Distribution System

Servers of Producers

Customer

Contents

Mining

The publisher publishes the initial copyright data

through the ACTION network. After

downloading, the user can pay high-quality

viewing by ACTN tokens, and becomes a miner by

sharing the downloaded data with other users.

The miner user receives the corresponding

miner’s fee. In addition to the first-level users,

the copyright fees paid by all other tiers of users

are divided into two parts, one for the publisher’s

box office and the other for the miner’s fee.

This decentralized distributed Internet movie and

television distribution system enables users to

directly connect with publishers, which not only

reduces the user's viewing cost, but also

significantly increases the box office’s revenue,

and because of the presence of miners, the entire

system has complete and reliable foundation.

Data flowACTN flow

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HOT Index and Project Private Chain__

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ACTION network builds a set of movie and television industry chain to solve the

following problems at a very low cost:

1. The HOT index allows talented screenwriters and actors to stand out and obtain a

fair show stage for the general public.

2. Incentive mechanisms for the distribution of ACTN tokens for public commentary

can enable decentralized movie and television critics to earn income. Movie and

television works and actors also obtain an efficient promotion and dissemination

method.

3. Directors, screenwriters, producers, actors, as well as small project teams can use

their talents and professional qualities to easily obtain funds and other social

resources, and produce excellent film and television works.

4. The introduction of Hollywood's copyright and pay system can make the movie

and television production process more standardized and fair.

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Project Private Chain

Choose script Choose actors Crowdfunding Shooting & screening Profit distribution

Producers, directors, screenwriters, and actors can use the community platform and the ACTION chain to launch movie and television projects. Anyone can issue their project tokens and raise investment through the basic digital currency ACTN. Of course, the community platform will spontaneously screen the project with open mass art standards. Project sponsors can also use the HOT index and various breakdowns (voting system in ACTION) to select better actors and cast members from the market.After the project is completed and box office is closed, all the participators will be paid proportionately.The project private chain system is not limited to the production and distribution of movie and television works. Any user can initiate various related projects in this system, such as a crowdfunding concert, celebrity meeting, premiere and a series of projects related to movie and television.

Winning bidTender

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AI Based HOT Index, Ranking and

Recommendation

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The ACTION network's blockchain-based decentralized voting system can more objectively reflect the

viewer's likes and dislikes. Using Artificial intelligence (AI) HOT index ranks movies by taking

consideration of a multitude of factors that include, but are not limited to, readers’ reviews, reviewers’

credibility, and box office records. AI based recommendation system finds movies that are interesting

to individuals. Today’s movie and television circles are dominated by the clique culture, hidden rules,

and false hype. The fundamental reason for such a small circle of culture is that movie and television

projects often require teamwork and require massive capital investment, and being able to control

these resources is often a handful of people. As a front-line producer, they are closely bounded to

capital and power. In the process of movie and television production, they often abuse their power,

instead of honoring the art and the audience. Even if few people have artistic pursuits, their talents will

be very limited because of their small circle and fixed team. The audience can only be forced to accept

their concocted works. The ACTION agreement complies with the historical trend and enables the

socialization and transparency of movie and television production, allowing the public and

professionals to decide on the production and distribution process of movie and television works.

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Deep Integration of Entertainment Market__

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ACTION builds a set of consensus mechanisms based on the blockchain

system, which provides the basis for an open platform for film production,

distribution, and dissemination. ACTION can solve the identity and credit

problems in network communication and transactions at a very low cost, and

uses P2P transactions to avoid the traditional centralized clearing structure;

at the same time, ACTION network can act as a custodian between different

users and different developers, to ensure the compliance of information and

credit. These features can greatly improve the operating efficiency of the

entire entertainment economy system. The reduction in transaction costs will

lead to a substantial increase in consumer demand, which will lead to a

booming global entertainment economy.

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Technology__

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Community dAPPs Public chain,Future movie & entertainment

ecosystem

ACTN blockchain infrastructure

AI based HOT index &

recommendation

Hollywood contract

templates & pay system

Integrated team of blockchain,

movie, law, and marketing

Distributed movie distribution

system

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How to Participate__

ACTN (Vanity Fair) Ethereum Token total volume: 1 Billion

ACTN Foundation: 30%, Private Sale: 30%, Community: 25%, Team: 15%

Early circulation: 0.3 Billion, Pre Sale: 0.1 Billion

Pre Sale goal: 10K ETH, without hard cap

Use of Funds: Community and exchange platform development and maintenance

Invest method: Accept ETH only via https://www.acter.tv/

Rebate ratio: 1 ETH = 10,000 ACTN

This event is initiated by the non-profit organization ACTN Foundation Singapore

RISK REMINDER AND DISCLAIMER: Investing crypto tokens carries a high level of risk to your capital. Trading crypto tokens may not be suitable for all investors, so please ensure that you fully understand the risks involved, and seek independent advice if necessary. ACTN Foundation offers general advice only and no consideration will be given to individual investment objectives, financial situations and needs. The prospective buyer should consult with a professional in the respective legal, tax, or other professional area before making any decisions or investing to the property or properties described herein. This investment is not open to the investors from China mainland and United States of America.

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Welcome to join us

2018