Qravity  is  facing  competition  from  blockchain-backed  companies  like  Colony, Cofoundit, and Decent. However, the three examples cover only specific aspects of what Qravity does. Colony does not have a single corporate leader; it leverages the crowd then pays individuals for time. CoFoundit helps [Suspicious link removed]panies develop their ideas. Decent offers content  distribution,  development,  and  collaborative  crowdsourcing/funding. Included in the indirect competition list is 21million, a TV series that draws on blockchain crowdfunding and includes some of the contributors in the filming. SingularDTV is another indirect competitor that creates live shows using project management tools and crowdfunding for their creations.Qravity uses crowdfunding, and team members share project ownership. As  a  result,  Qravity  is  able  to  provide  content  creators  and  content  consumers with more extensive benefits than all the current competition combined.