FRAME is a tokenization machine. Not unlike the projector that spools film for the big screen, FRAME will thread each movie and make tokenization projections, adding a token layer to each movie that uses the platform. FRAME will create Movie NFTs (non-fungible tokens) built upon the final content of the film.

Any user will be able to connect and interact with their frames and transfer through the Ethereum blockchain. In the case of movies in pre-production, there will be a algorithm-based lottery to allocate frames in a fair and precise manner. Latent based frames without images will be able to be distributed and possessed.

The tokens users hold are an immutable representation of who uses and who can trade the underlying asset, offering a built-in scarcity mechanism. One can have the capability to transfer a movie frame or a sequence of frames from one person to another. Celebrated, prominent frames and sequences will grow in value as the film gains popularity or cult status, creating a new way to judge a film’s cultural and economic worth.

FRAME will use Ethereum to generate ERC-721 tokens:

  • This tokens are designed and used specifically for collectibles and ownership.
  • These are the individual Movie Tokens.
  • Each NFT token represents and is connected to a particular movie frame and it’s hash signature.
FRAME will also have FRAME Utility Tokens, expressed as ERC-20 blockchain tokens:

  • Tokens reprenting the percentage ownership of the overall FRAME platform.
  • Users with FRAME Utility Tokens will be able to “stake” their FRAME tokens within a crypto wallet gaining voting capability to allow movie projects to use the FRAME platform.
  • Each time original content interacts with FRAME’s tokenization protocol, the Utility token owners will receive a percentage of the NFT tokens generated.
  • The more Utility tokens owned, the more NFT tokens gained.
Whenever a finished movie enacts a value transfer through distribution deals, content licenses, etc., the payment is automatically distributed to all Movie NFT holders. The movie itself will be able to maneuver through many traditional models of distribution and value events, which all compensate the token owners securely through open and transparent smart contracts.

The standard frame rate for films is 24 frames-per-second, meaning movie that runs 90 minutes will have a token creation of 129,600 units. As the final length of a movie is unknown in pre-production, FRAME proposes to open Initial Movie Offerings (IMOs) in three stages: Pre-production, Production, and Post (each one representing approximately 1/3 of the totality of movie). Each stage of the movie, in its development, has its own investment offering. The earlier the project is in development, the cheaper the token will be offered for the investor.

This will open the door for tokenization premieres, as well as traditional movie premieres, adding to industry hype – just as an announcement in Variety or The Hollywood Reporter would do.