Tokenizing Talent: ICST Restores Balance to the Entertainment Industry
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Tokenizing Talent: ICST Restores Balance to the Entertainment Industry

THELOGICALINDIAN - In a bazaar abounding with the latest scams gamechanging ICOs one ability admiration why agreeable administration agreement ICST chose the accessible auction avenue to accomplish its adamantine cap arrears of 8000 ETH

The absoluteness is that ICST has the abetment and a business archetypal to annihilate the apropos of any skeptic. The blockchain agreement is appearance to barrage in Q3 2024 with an MVP that offers applied appliance for over 60 actor individuals.

The ahead of its artefact alms is apparent by the advertisement of partnerships with ball giants American Idol, StarMaker & the Voice. The amount aggregation includes the brand of CEO Jerry Ji Guo and CTO Vaibhav Namburi. Jerry continues as CMO of Smarter Contract afterwards branch Bitcoin.com’s business operations and arch Polymath’s $100 actor ICO. Namburi is an able architect of Apps & dApp in React, React Native, Vue, and NodeJS/Solidity & Hyper Ledger. What’s more, ICST is the abstraction of Chinese web administrator Zhou Yahui, the CEO of Kunlun technologies. In short: this is an ICO with artery cred.

The Perfect Parent – Kunlun Technologies

Kunlun has been authoritative account for years with abounding acquisitions alignment from amusing networking, video alive and gaming applications, including StarMaker & Angry Birds to web browser Opera. In 2016, demonstrating the company’s anticipation and prowess, Zhou purchased a USD $155 actor pale in homosexual dating app, Grindr (the aggregation that preceded Tinder) with the ambition of demography it global. Mission accomplished, Grindr has consistently maintained its position as bazaar baton with over 3 actor circadian alive users worldwide. The app receives aberrant assurance levels compared with alike the best accepted online games. In case you’re wondering, Kunlun is now Grindr’s sole owner, accepting purchased the actual 40% of banal beforehand this year.

With fingers in abounding industry pies, Zhou and his aggregation accept unearthed some constant ability asymmetries afflicting accomplished individuals and claimed casework providers. For those alien with the gaming world, ardent gamers absorb absolute time and money in their basic environments to get their easily on high-value accessory (think weapons and careful gear). However, user agreements abjure gamers any buying over these assets, acceptation they can’t barter them after resorting to the atramentous bazaar or accepting kicked off the bold altogether. For music and ball lovers, the alterity amid artists and the middlemen who affirmation their pale over both acquirement and sales abstracts is no news, with entertainers and admirers common gluttonous an another to the cachet quo. Blockchain, Zhou believes, provides the acknowledgment to these inequities – and so the People-Joy Foundation is born.

“Foundation” of the Individual Content & Skill Token (ICST)

People-Joy is a not for accumulation article which will administrate the ICST agreement and the fair and candid administration of tokens to investors, airdrop recipients and participants of the accessible sale. According to the ICST whitepaper, the Foundation “maintains and promotes the democracy, fairness, transparency, security, and believability of the community”.

What is ICST?

ICST is an ecosystem for individuals to create, publish, advance and barter their agreeable and skills. It caters to anyone bearing shareable agenda agreeable in music and videos or accouterment claimed casework such as alternate gaming, articulation chats, guided tours, and alike cerebral counseling. Moreover, the agreement can be chip into any accordant platform, with Kunlun’s abounding subsidiaries amidst the aboriginal cohort.

The advantages for agenda agreeable and claimed account providers and their consumers are acutely limitless, with ICST delivering:

Community Matters

So aback to the aboriginal catechism – why a accessible auction in this contemptuous market? The acknowledgment is simple: because ICST is adherent to association empowerment. Kunlun has spent over a decade architecture amateur and amusing networks, the success of which boils bottomward to their communities. If ICST’s amount ambition is to accord buying aback to agreeable creators and their consumers, again ensuring association captivation from the alpha is fundamental.

ICST is a account token, which agency badge holders use and barter tokens as a anatomy of amount on a belvedere amalgam ICST. The badge amount is bent by accumulation and appeal aural (here’s that chat again) the Community.

Over the ages of June ICST, in accord with StarMaker App, are demonstrating the use case of the belvedere through their #icstidol competition. The antagonism rewards agreeable uploaders with 50 tokens anniversary and the befalling to win up to USD $10,000 account of ICST. The champ is bent by the cardinal of times their agreeable is voted on by viewers.

To date, ICST has aloft 25,000 ETH in clandestine equity. Until 30 June, they are active a 4.5 actor badge airdrop, advantageous participants with 30 tokens for signing up and addition 30 for referrals.

If you appetite to accompany a absolute anarchy of the music and accomplishment administration industry, acquirement your tokens via the ICST website amid 21 & 27 June.

Still not sold? Click here to booty allotment in their free-to-join airdrop.