Slate Entertainment Group has acquired binge.com to launch its blockchain backed digital media platform. Binge.com will introduce movie lovers to the power of the blockchain by giving them a better entertainment experience. The acquisition of binge.com shows that the Slate team is dedicated to disrupting the traditional media distribution and monetization models.
Binge introduces BVOD™ (Blockchain Video on Demand), the first premium decentralized streaming platform to utilize the power of distributed ledger technology. For the Binge streaming media platform, blockchain technology facilitates streaming content and transparent behavioral analytics that reveal consumer tastes. Binge’s model of transparency is an entertainment-industry first. Binge will provide real-time revenue sharing between content providers and creators, while mediating access to the valuable network data and analysis that improves content development.