#454 SmartCash 360 Video Editor & Creation Tool

By Georgy

Summary

We are currently developing a web browser based (WebVR) 360 Video Editor with Smartcash InstantPay to solve the problem of easily creating VR enabled 360 videos with no technical skills required. 360 Videos are the new video media type used on platforms like Youtube 360, Facebook 360, etc. As you all know, VR 360 videos and blockchain technologies are all classified as emerging high growth industries and so what better than to combine them together.

Description

image

Screen shot of our 360 Video Editor in development

 

Amount: 282,240 SmartCash

 

Timeline: 3 months – Targeting late September / Early October 2018

 

Total Hours expected for project to complete: 480 hours+

 

**The Problem:**

  • Creating 360 video content is very difficult and expensive.

Think creating websites back in 1997 or trying to create a blockchain back in 2010 when it was all still quite new.

 

There are currently no practical and technically easy ways to create 360 videos for the average user. Other than by using expensive and complicated video editing programs and or 3d engines like Unity and Unreal game engines. These all require a huge learning curve and high skill level to use.

 

**The Solution:**

We will provide users a FREE browser based (WebVR) editor to enable users create 360 video content easily with no technical skills required. Users will be able to showcase and monetize their 360 video templates using SmartCash InstantPay.

 

Who We Are: We are a group of five talented Engineers that have successfully built 3d applications and game engines, marketplace websites and WebVR 360 videos. We have two fullstack developers on our team, a front end developer proficient in Javascript and React as well as an MBA and a 3d /game engine developer.

As you can see from the Editor screen shot above, we have already developed a significant portion of the WebVR editor. We initially tried to raise funds the traditional way but we were laugh at because we chose to switch to crypto (Smartcash) as our payment mechanism rather than using fiat.

We explained that we wanted to be able to do micropayments using Smartcash for the trading of 360 video templates and assets within the WebVR editor just like how it works within most game engines. Thus, it wouldn’t be viable for our users to pay using fiat payment options from platforms like PayPal that charge significant fees.  

Smartcash Instant Pay is a better, faster and cheaper option and we love the direction and community here at Smartcash.

 

Deliverables/Job description:

**The Ask:**

We will appreciate your help in voting for us to raise the requisite funds to complete just a few remaining milestones:

  1. Complete development of WebVR editor and integrate SmartCash’s InstantPay to be used as the payment mechanism so that users using our WebVR Editor can easily sell their 360 video templates and assets using Smartcash. This will also help with micro transaction payments. As well as allow users in several countries were traditional credit card payment options are a major impediment.

 

  1. Add functionality to enable the WebVR Editor to be used as a browser extension. Users will be able to use the WebVR Editor within major existing video platforms like YouTube (by simply clicking a button that has been added by the extension on the YouTube UI). This will allow a broader mass market use of the WebVR Editor with SmartCash InstantPay as the universal crypto currency payment feature.

 

i) Backend Developer – NODE JS/API Developer/WebVR: (120+ Hours):

70,560 SMART

ii) Design/Front End Developer – Javascript/ ReactJS/CSS/Images/360 Videos: (160+ Hours):

94,080 SMART

iii) Integration: API integrations, 3D Assets Integration, Video/Animation Timeline Development, Scripts Integration, etc. (120+ Hours):

70,560 SMART

iv) Testing & Deployment: Test WebVR Editor, Launch/Bug Fix & Support (70+ hours):

41,090 SMART

 

Possible FAQs:

Why WebVR and 360 Videos?

We believe that in the future most websites will be developed in WebVR as 360 videos and virtual reality becomes more main stream. We also believe that Crypto currencies will be the main online payment mechanism.

 

What are your Future Plans after you successfully complete development and integrate SmartCash payment?

We will then like to be able to publish all the 360 videos created with the WebVR editor onto the blockchain. This is because blockchain ensures higher security of the assets as well as the transparency of transactions for copyrighted content though the watermarking and protection of intellectual property of the creators.

How can I help?
You can help by voting Yes for us and once it is live be among the first to use it to create your own amazing WebVR games and 360 video content.

 

Conclusions:

We believe that with your help we can take the next step forward in promoting true decentralized payments in web applications with Smartcash.

Categories

Technology

Milestones

Date Amount (US$) Amount (Σ) Description Status
August 15, 2018 8,450.00 434,102.63 * Complete development of WebVR editor and integrate SmartCash’s InstantPay to be used as the payment mechanism so that users using our WebVR Editor can easily sell their 360 video templates and assets using Smartcash. This will also help with micro transaction payments. As well as allow users in several countries were traditional credit card payment options are a major impediment -
September 28, 2018 12,500.00 642,163.65 * Add functionality to enable the WebVR Editor to be used as a browser extension. Users will be able to use the WebVR Editor within major existing video platforms like YouTube (by simply clicking a button that has been added by the extension on the YouTube UI). This will allow a broader mass market use of the WebVR Editor and with SmartCash InstantPay as the universal crypto currency payment feature. -
* Estimated

Requested Amount

  • Total USD: 20,950.00
  • Estimated SMART: 1,076,266.27
  • Estimated BTC: 3.79921994

Schedule

  • Created Date: Sunday, July 1, 2018
  • Voting Deadline: Wednesday, July 18, 2018 03:10:00 UTC
  • Payment Date: Payments will be made in accordance with the delivered milestones

Status

  • Not Funded

Votes

2.09%
Yes (45,851.58)
82.00%
No (1,798,125.91)
15.91%
Abstain (348,924.42)

Voting Audit

Address Voting Power Vote Is Valid

Comments

  • mjthestudentactuary 07/03/2018 08:47

    Will the payment method be exclusively smartcash or will you accept other cryptocurrencies as payment?

    Georgy 07/03/2018 16:48

    We prefer Smartcash exclusively because of the InstantPay feature which ensures SmartCash is always blazing fast. As well as the super cheap transaction fees that which makes it a great option to substitute fiat payments.

  • knifewounds 07/06/2018 04:42

    I would like to see some examples of what this group of five talented engineers has created recently. Please post some links to check out, thanks!

    Georgy 07/06/2018 07:55

    Our engineers have previously created a marketplace website for 3d models used across several emerging industries like Gaming, VR, AR and 3d printing. As well as in traditional industries like Architecture and Design, Advertising and Marketing and Product development. Here is the website - https://www.flatpyramid.com/ Also, you can checkout VR eCards - https://www.vrecards.com/ to see examples of 360 videos created. They were created using the beta version of the WebVR editor that we are trying to raise these funds to complete and integrate Smartcash payments. Thanks!