🏸Introduction
The entertainment industry, particularly animation and movie production, faces significant challenges in fundraising, revenue distribution, and engagement. Traditional platforms often involve high fees, middlemen, and lack transparency. DADAMO seeks to address these issues by integrating blockchain technology, democratizing the entire content creation process. As an alternative to the traditional production committee system, DAAAMO introduces a novel form of participation accessible to everyone.
Purpose
Problem Statement
The entertainment industry's crowdfunding landscape is fraught with challenges. Fierce competition on media platforms diminishes project visibility, risking obscurity. Creators often underestimate costs and overpromise, potentially disappointing backers. Legal and regulatory intricacies, intellectual property concerns, and lack of accountability for unsuccessful projects further complicate matters. Instances of fraud and misconduct erode trust, while many creators struggle with project management. Crowdfunding's heavy reliance on existing audiences and the need for constant engagement can become overwhelming. Additionally, platform fees eat into funds, and the perception of crowdfunding as a last resort can undermine project credibility and long-term viability.
DAAAMO tackles these inefficiencies in the entertainment and crowdfunding ecosystem through its innovative Web3 media platform.
Mission Statement
Our mission is under DAAAMO's cooperation with the world through the extraordinary power of media. Top-level professionals from television, advertising, and web industries—including NHK, Fuji TV, Nippon TV, TBS, TV Asahi, TV Tokyo, and other media from Japan and worldwide —collaborate in a DAO-like approach. Together, we harness media's potential to change the world and create innovative ways to enjoy life.
While crowdfunding platforms like Kickstarter, Indiegogo, and Patreon are popular for funding creative projects, they face significant challenges. Market saturation and intensifying competition among creators have become prevalent issues. Moreover, past instances of fraud and unfulfilled promises have raised credibility concerns, leading to stricter platform guidelines and enhanced screening processes.
DADAMO's mission is to create a decentralized, transparent, and equitable platform that leverages blockchain technology to enhance interactions among creators, viewers, and investors.
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