MOVI TOKENS REVOLUTIONIZE THE FILM INDUSTRY'S FINANCES BY ADOPTING THE BLOCKCHAIN SYSTEM

in #blockchain7 years ago

This is something to keep in mind that technology is progressing and growing and in return, it has had a positive impact on the independent film industry. Before all, it's important for everyone to understand what MoviToken is and what its purpose is. The company is based in cryptocurrency and designed to reduce deferred or low-deal cases in the film community. This company is popular and has been named as MOV and this is how it has been registered in the Parity Registry.

Before it was difficult to produce films because the price was expensive and the producers had to use their own money so they could finance their production. They do this only because of the spirit and it's not for the career that many people want. Because of this, it is common to see crews and producers should forget their dreams if they do not have enough money.

Many people in the film producer, they have to stop acting so they can do their other work. There are some aspiring producers who may have the opportunity to showcase their own talent but they fail to do so. This is the reason why MoviToken appears. With this invention, manufacturers are now able to fund their business by paying with MoviToken. In simple words, tokens finance movies using blockchain cryptocurrency and that is in the case where manufacturers can not raise cash. After making a payment, the crew will exchange MoviToken in Ethereum which is then converted to BTC or USD or more action. This exchange may occur by using an application associated with Ethereumblockchain.

Movi Token functions as ERC20. It consists of a verified community with cryptocurrency created only for independent film communities. MoviToken has been developed for use by filmmakers and manufacturers to create competitive products. An example is when a filmmaker pays a cinematographer so he can give her camera equipment to take feature films and this will help to save enough money to pay for other movie requirements. The author does not have to complain that he can not sell the scenario because he can still negotiate to get a payment in MoviToken. Authors can still make their own movies using ownership in MoviToken. Real cash is always in limited resources when it comes to indie producers so the company is here to help bridge the existing financing gaps in the film industry.

The MoviToken should not be taken as an alternative to payment methods among union members as it happens with other unions like IATSE, PGA, WGA, DGA and SAG. Companies are more concerned with the production of non-union members.

How The Indie Movie Will Benefit
By using MoviToken, producers can pay crew and talent through financing film production in Ethereumblockchain. After that, the crew can convert the token to the desired BTC or USD or other tokens.

Community Currency
Since this is a community cryptocurrency, MoviToken's main target is to reduce the need for cash because it has no payments or low payouts. With MoviToken, everyone can be paid in this movie industry. Producers are able to utilize revenue well and buy new or high-tech equipment with other expenditures that lead to high productivity into the industry with expansion in the near future.

What Ensures MoviToken Gives
MoviToken provides 100 percent guarantee. It was made by a film producer and he wanted to make sure that the financing gap in the Indie movie was reduced. The smart contracts found in MoviToken can not be stopped. This contract will not be terminated and will not change.

How Can You Apply to Get MoviToken
After seeing the benefits of MoviToken in this industry, many crew and producers began to think about the ethereumblockchain ecosystem. That's because they have witnessed how people can become independent that has been achieved in the film industry and it enables producers to pay or pay for the costs of using community currency and also spend less on what happened in the past. MoviToken can be used to pay crews, producers, and players. The movie community should start with crowdfunding using MoviToken and then have to consider trading on the exchange. Members can get MoviToken for all services provided. Investors can use MoviToken so they can keep the error from blockchain. Manufacturers can request payment provided by the distributor and it should be in MoviToken. Producers must be able to trade on the open market. This increases the return on members' investment.

Why Members Should Use MoviToken

  • MoviToken encourages the use of cash in the film community that prevents communities from losing money and maximizing profit in the end.
  • MoviToken helps with cash flow in the respective area of the film
  • It popularized communities around the world and this promotes talent.
  • MoviToken encourages interaction within the movie community and promotes trust and support.
  • MoviToken does encourage talent and crew and aspiring cast members who can use creativity and become a resource in the community and develop the latest skills.
  • Movitoken will offer equal opportunities to everyone, opportunities to interact and share ideas in the indie film industry.

Token Condition :
MoviToken is currently trading on the following exchanges: idex.market,
forkdelta.github.io, ethex.market, erc20.exchange and rektex.github.io , easytrade.io
Simbol MoviToken : MOVI
Contract Address MoviToken : 0x623B925b0A57a24EA8dE301F2E3E692cE903f0c3

Token Distribution
Total Supply : 1,000,000,000
Southern Meridian, LLC : 250,000,000
TBA Production Studio : 250,000,000
Token Sale : 500,000,000

ROAD MAP

Q2 2018
-MoviToken will partner with Bancor for sustainable liquidity. This alone can increase trust and usage in the indie film community.

  • The first production studio to adopt the use of MoviToken will be announced.

Q3 2018

  • The first feature film produced with MoviToken will be announced.
  • MoviToken will partner with the crowdfunding platform to help filmmakers with fundraising for their projects.
    -Production to get started on the first feature film financed by MoviToken. (Q3 late)

Q4 2018

  • In Q4 2018, MoviToken must be listed on more than 1 major exchanges and merged by multiple dApps. MoviToken is currently working to be listed by BarterDEX and ETHLend's Lending Platform Komodo.

2019

  • Launch first feature film financed by MoviToken.

2020-2022

  • Southern Meridian, LLC will release the first public of several case studies on the use of MoviToken to produce the film. Data and findings will be provided by independent research firms. (The exact date depends on the distribution schedule)

More INFO :

Prepared by:

Christopher Compton
Email : [email protected]

Website: http://movitoken.com
Bitcointalk Thread: https://bitcointalk.org/index.php?topic=3279418.0
Facebook: https://www.facebook.com/movitoken
Twitter: https://twitter.com/movitoken
Telegram: https://t.me/movitoken

Author : indrofx78
https://bitcointalk.org/index.php?action=profile;u=1077553

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