Decentralized Protocol to Revitalize the Premium Content Industry
Through Contents Protocol, content distribution platforms will be able to (1) provide transparency to user data and insight to the Content Providers, which will help them create better content in the future (2) incentivize the Users for their activities and contribution, which will encourage them to become more active consumers in the industry
Over the last 6 years, WATCHA Inc. has attracted 4.5 Million users with 400M reviews while providing WATCHA, WATCHA PLAY, WATCHA MUSIC, and WATCHA WEBTOON services in South Korea and Japan
Provide personalized content recommendation based on user’s rating of movie, TV series, animation, variety show, documentary, book, and comics.
Paid Subscription VOD service on which users can watch movie, TV series, animation, variety show, and documentary
Unlimited music streaming service
Comics recommendation, review and viewing service
Paid Subscription VOD Service - Movie, TV Series, etc.
Content licensing deals with about 60 global and local content providers including HBO, Disney, Sony Pictures, Fox Network Group, BBC, CJ E&M, Lotte Ent., MBC, JTBC, Showbox, NEW, etc.
Winner of ‘Best App of the Year’ on both Apple App Store and Google Play between 2013 and 2017.
Ranked No. 19 for the combined total revenue on Apple app Store and Google Play in 2017, according to AppAnnie.
In order to speed up the expansion of the Contents Protocol Ecosystem, the Corporation will launch an open source reference platform for each content category of TV, Music, Comics, and E-Books, reducing barriers for potential content platform operators to do business in our ecosystem.
In the beginning, the Corporation will either develop a reference platform from ground up or acquire an existing platform and convert it to a reference platform.
For a more vibrant Contents Protocol Ecosystem in the early stage, the Corporation, as an accelerator, may either recruit candidates or invest in and/or acquire existing 3rd party platform operators.
In order to encourage participation in the Contents Protocol ecosystem in the early phase, tokens are allocated to existing users of WATCHA and WATCHA PLAY on condition that they apply for bounty program.