What Is BOLT (BOLT)?
BOLT (BOLT) is a blockchain-based decentralized media ecosystem with various digital content services on the platform. The BOLT platform aims to democratize creative and financial ideas for users and brands worldwide. Through entertainment programs on the platform, users, creators, and brands can seek to create and grow their value on the web.
Running on the Zilliqa blockchain, the BOLT platform aims to be a trustless network for an autonomous entertainment network. Trustless in the case of crypto means users don't have to rely on a third-party or any intermediary operator for cryptocurrency transactions or holdings. The platform seeks to increase access to digital content by reducing streaming costs and speed requirements. Moreover, the BOLT platform intends to facilitate direct streaming to mobile phones through mobile apps. This is mainly because the platform seeks to serve the client base and even low bandwidth smartphone users an experience of premium delivery in a secure and reliable ecosystem.
According to the whitepaper, the BOLT ecosystem consists of three fintech services, i.e., a combination of financial technology. They are:
History of BOLT (BOLT)
Jamal Hassim and Christel Quek co-founded the BOLT ecosystem in 2017. A core team of eleven members also contributed to the ecosystem's growth and smooth functioning.