BOLT is the manifestation of this dream. We wanted to bring great content that was informational, uplifting and localised for emerging markets. We wanted to ensure that such content would also be interactive, bandwidth friendly, and accessible on Mobile.
We wanted to give people access to the content they would find meaningful, while allowing creators to get rewarded by virtue of the BOLT ecosystem expansion—without the complexities of share issuances- and provide insulation against the fluctuation in emerging market currencies.
So we built BOLT as an ecosystem on the Blockchain to provide an in-ecosystem store of value which increases as utility increases. We built BOLT on a core set of values centered around transparency, collaboration, and innovation. These values drive how we work with our community and how we engage with our users. We believe that BOLT can be a win-win for creators and users to mutually unlock value by participating equally in the ecosystem- whether by contributing a news highlight from Tanzania or subtitling a Korean music video into Bahasa Indonesian. BOLT users can
accumulate the BOLT tokens to be used within the ecosystem, or exchange it for other popular tokens which can be bartered in their respective fiat values.
Today, BOLT is a year old and has already accumulated close to 4 million users from Kenya to Malaysia. We have piloted a new program of rewarding our content creators with the value of the ecosystem growth, as we believe that our ecosystem is as valuable as their participation and the content they share on the platform. We are educating, informing, and delighting
millions of fans, one day at a time, across multiple genres such as football, news, and music.
Video is just the beginning for us. We are a mobile first platform — and we have bigger aspirations. We envision a cultural town-hall that is driven by global pockets of meaning for our users. We want to connect immigrants in Malaysia to news back home in Bangladesh. We want to enable someone in Indonesia to discover the artistry and creativity of a musician from
Kenya. This starts with providing an immersive user experience starting with video, but we intend to expand into audio, and use that as enablers for verticals such as health, education, and even micro-finance. We want to connect users all around the world to content and conversations that will matter- and help shape their day for the better.
BOLT is an operational, mobile focused video content platform centred on delivering live (e.g. Live TV, Premium Sports) and Trendy video highlights (<5 min in duration per clip) to emerging markets that are constrained by bandwidth. Today, we have users streaming our service on web and Android. (iOS releasing soon)
Micro-transactions paid through local telco for access to BOLT
Users paying for 1 week, or monthly access (price points of approximately USD 0.10 to USD 1 respectively) through their existing telco data bundle or airtime billing.
Less data consumed per hour for High Definition streaming
We have proprietary know-how to stream highdefinition video at 250MB/hour vs 3GB/hour by other operators such as YouTube or Netflix. This is due to our Mobile-only focus, which allows us to process incoming streams in dramatically smaller packet sizes for efficient data consumption. This is a necessity for an optimal streaming experience in the emerging markets.
A robust partner ecosystem across telcos, broadcasters, gaming, and education
We have licensing agreements with a range of leading partners including International Cricket Council, highlights of premier football/soccer leagues and major tournaments, Al Jazeera, ViKi Rakuten, Reuters, and AFP.
How to buy BOLT in 2020?
If you want to buy cryptocurrencies like Bitcoin (BTC), BOLT or any other altcoins, you have two options: if you don’t mind KYC (Know Your Customer) policy, you can create an account with CoinBase. Because of KYC policy, the site will ask for various papers like ID, proof of address and so on. If you want to go anonymous, you can create an account with Binance or KuCoin. On those last two sites you won’t need any proof of identity as long as you don’t exchange large amount of cryptocurrencies. Just click on one of the above link and follow some simple steps to open your own crypto account.