Blockchain and Crypto Currency is going to the movies
A new movie will be funded through a crowdsale on Ethereum blokchain.
I normally do not write on Saturday's but as I am switched on my computer, I saw a notification from one of the news sites that I subscribe to indicating this news. This is actually amazing if you think about how fast and far reaching the blockchain technology and crypto currency has come in such a short timeframe.
You can view the full news article here
Who would've thought that we would see the day where Crypto currency would be used to fund a full movie.
Braid is a psychological thriller about two girls who moved to NYC to become artists and got involved in illegal activities instead – when they run out of money, they decide to return to their childhood home to rob their oldest friend who has been living in the fantasy world they created as children. To get her money the girls have to take part in her twisted game of make believe, descending into a psychedelic hell through role play, violent punishments and eventually murder.”
It might even be a good investment.
Braid seeks to raise a minimum of $1.4m and maximum of $2.1m worth of Ether in exchange for 30% of the future profits of the film. At first, 100 percent of the revenues will be paid to the token holders until their investment is recovered along with a 15 percent interest rate. After that point is reached, the remaining profits of the movie will be divided 70/30, with 30 percent of the net profits being proportionally distributed to token holders.
I wish the film makers all the best.
Happy Steeming!
Movies tokens - sounds great!
How about a whole TV Series funded by crypto and the blockchain? ;-): https://steemit.com/hollywood/@steemuwe/draining-the-hollywood-swamp-on-the-blockchain
Great Idea... this whole initiative is the answer to getting true authentic content and escaping the dread of agenda financed film production. We have been under mind controlled programing for way too long and it has destroyed our dreams and our societies world wide. This initiative is the best possible way to fight back and make a new world come to life.... the world everyone is wanting and striving for without the mind control and centralized enforcement of warped ideologies that lead to enriching those at the top while impoverishing everyone else on the planet. We have nothing to lose and everything to gain in this initiative. It is brilliant and in my view necessary if we are ever to get out of this mess we've been and are continually being forced to endure. It only makes perfect sense to put our investments into this and as we are greater in numbers than the top 1%, our combined small but essential investments will add up and override the hurtles to where we can all enjoy the success it will bring to our societies and communities on a global scale. Thumbs up to this new empire we can all create for ourselves no matter how small we are in our living spaces.... as a collaborating force, we are unstoppable! :))
good one...blockchain teachnology is he future...keep your eyes wild open for more
A film about cyrpto currencies would actually be really cool. It might get more people into the community which is great👌
We will see a movie with the main character playing as a Vitalik Buterin.
The movie will start with a premise where Vitalik is treated like shit in his family and he wants to do better thing for himself.Then he will start going in the suburb fights when he will knock out his first oppenent and recieves some dollars.Then he will have this brilliant idea that he will make a live chat where you can watch the fights and bet with ethereum .
1year later
He will be the king of the cryptocurrencies
Hail the Vitalik
The world of crypto is evolving and it's good to see new initiatives.
Let's see how this evolves further into our future
Very unique prospect. Thanks for the share
Thanks for the comment @nrajesh
Gravy train!
Yes it is amazing, would love to have it done and dusted to showcase!
Indeed :)
This sure is great news! It means sooner than we think we will be able to use our steem money for things like this. (Hettie)