Blockchain media company buzzes at Cannes Film Festival

Blockchain of Multimedia Slate Entertainment Group (SEG)acquired the worldwide rights to Macon Blair's upcoming black comedy, The Shitheads, with Luke Wilson and Ron Funches. His "seven-digit deal" was leaked to the general public and was the summit of the Cannes Film Festival, according to a June 1 Cointelegraph report .

A new trail for the film industry

The Shitheads is a black comedy under the auspices of Entertainment Group, a multimedia company Blockchain, based in Toronto and Los Angeles. The film was made using blockchain technology, which is a first in the film industry.

At the Cannes Film Festival in May 2018, SEG announced its partnership with Sitges International Fantastic Film Festival (Sitges). Moreover, Sitges will cooperate with the Slatix digital currency platform that supports SLATE cryptocurrency (SLX). Movie buffs will be able to purchase tickets and passes with SLATE (SLX).

This is the first time in the history of the industry that a film festival accepts both crypto-currencies and traditional forms of payment, according to Slate's press release.

Based on the Blockchain, Slatix provides a plethora of benefits to its loyal customers. Small and medium-sized enterprises benefit from a low cost facility and the application of SEG simplifies the distribution and exchange of currencies.

The sale of SLATE tokens (SLX)

Slate Entertainment Group launched its public tokens presale in May 2018. The company exceeded its goal with a fundraising of more than $ 20 million. Price reductions reach 45% with a 3% bonus.

HitBTC, one of the 10 largest crypto exchanges around the world, will support the SLX on its platform, with Bitcoin (BTC) and Tether (USDT) trading pairs.

Slate said in his press release:

Slate Entertainment Group is particularly pleased to announce the deal during the presale, so buyers will be able to trade the SLX on the open market. Taking over a large cryptocurrency will also increase the SLX's exposure to new markets and increase the distribution after the initial sale.

What do you think about Slate Entertainment Group's SLATE (SLX) cryptocurrency? Comment in the comments section below.