Moviecoin will revolutionize cinema with NFT and blockchain

Moviecoin will revolutionize cinema with NFT and blockchain

New crowdfunding platform has launched its Initial Dex Offering (IDO) to give investors an early opportunity to invest in the company. The platform, slated to fully launch in the second quarter of 2022, plans to use blockchain technology to move control of movie-making away from studios and private equity investors and into the hands of directors and producers to transform the way and revolutionize the way movies are made.

Investors in the IDO will receive an NFT that validates and confirms their investment. The platform claims that NFTs will have other advantages that will further enrich their utility, including the ability to attach profit rights to NFTs owned by medium and long-term investors. Users also have the option to sell their NFTs, with all the advantages that come with it, on secondary markets.

Daniel Pittack, Team Lead, and Moviecoin investor explained that the platform aims to differentiate itself from previous services by giving its investors the right to receive a fair share of profits in relation to their initial investment, as well as the ability to an unlimited share of profits. films. “We see a growing investor appetite for these types of viable investment options and we are proud to empower both movie fans and filmmakers as part of this process.”

The full launch of the platform is preceded by a first "initial launch" expected in March, during which the public will have the opportunity to invest in "Prizefighter", a film that features the likes of Russell Crowe and Ray Winstone among its star cast.


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