FILM PRODUCTION ON THE ETHEREUM BLOCKCHAIN

WHAT IS A MOVITOKEN?

The Future of Indie film producers can pay talent and crew with MoviTokens. Essentially financing movies on the Ethereum Blockchain. Cast/Crew can later exchange MoviTokens for Ethereum (ETH), then to USD, BTC, or other altcoin or token. Community CurrencyMoviToken is a community cryptocurrency making the days of “low/no pay” and “deferred” agreements a thing of the past. With MoviToken, everyone gets paid! Producers can then use cash for equipment, expendables, etc. MoviToken GuaranteeMoviToken was created by indie movie producers to fill a gap in the indie film world – a financing gap. The MoviToken smart-contract, deployed on the Ethereum Blockchain, is immutable. It cannot be “killed”.

Introduction

MoviToken (MOVI) is a project managed by Southern Meridian, LLC. MoviToken is an ERC20 + VERIFIED community cryptocurrency for the global independent film community. MoviToken is registered in the Parity Registry under their 3-letter acronym (or TLA) “MOV”. The MoviToken project was created by 13-year film veteran Christopher Compton, whose recent feature film Strait & Narrow is currently being released globally on DVD and VOD?

ABSTRACT

MoviToken is a community cryptocurrency that’s purpose is making the days of “low/no pay” and “deferred” agreements within the film community, a thing of the past. Producers can pay talent and crew with MoviTokens, where fiat cash is limited or non-existent, essentially financing movies on the Ethereum Blockchain.Cast/Crew can later exchange MoviTokens for Ethereum (ETH), then to USD, BTC, or other altcoins, token or fiat currency by utilizing various exchanges and apps that interact with the Ethereum blockchain.MoviToken is a blockchain tradeable complementary currency that’s intended purpose is to be utilized within the independent film community for the purpose of film, TV, web series, documentary, et al., productions. MoviToken can be used in conjunction with, or as an alternative to, any fiat currency in the world where such use of a complementary currency is legal.

WHY MOVITOKEN

The world of cinema is now controlled by the conglomerates, they control the business by enforcing burdensome rules, and expensive pay for a film production, many talents are wasted because of inability to meet the requirements already set.MoviToken aims to revolutionize independent film production by placing it on the Ethereum blockchain, There are so many talented and creative voices across the globe who can now have a real chance at a career in the film industry, simply by adopting the use of MoviToken on their projects and accepting MoviToken for their servicesUsing MoviToken prevents cash from leaving the community, increasing vitality. MoviToken ensures that the money circulates locally within every film community worldwide, i.e. each city, town, village, etc. that is home to a “film scene”.MoviToken builds trust and support within the indie film community. Utilizing MoviToken promotes creativity and resourcefulness within the community, developing skills and potential. MoviToken is fully inclusive, enabling everyone, regardless of status, to integrate and contribute to the indie film community.

HOW TO IS WORK

MoviToken is tool producers and filmmakers can use to produce more competitive productions, i.e. a filmmaker can pay a cinematographer to bring all of his camera gear for a feature film, saving stacks of cash for other production requirements. Instead of complaining about never selling a screenplay, a writer can negotiate a payout in MoviToken.The writer can then turn around and produce his own film with his MoviToken holdings. Actual cash has always been a limited resource for indie producers (and even Hollywood is taking cost-cutting measures but that’s another discussion for a different platform), MoviToken helps bridge the film financing gap a little more.

Conclusion

Securing finances to produce a feature film, TV pilot, web series, a profound documentary, an award-winning short film, is getting increasingly difficult. MoviToken aims to revolutionize this process, for every filmmaker, by bringing a continuously liquid alternative currency to the table. MoviToken can enable new faces and names to succeed in a very centralized, closed industry. Where cash is absent, MoviToken can cultivate stronger content, providing distributors and viewers with better, higher quality options, because talented people can finally be granted an opportunity. Independent filmmakers have been the benefactors of many revolutionizing changes in recent history, with the adoption of HD and Digital filmmaking supplanting film/celluloid as the medium of choice, bring affordable camera gear to the masses. Platforms such as Kickstarter and IndieGoGo have been game changers for independent filmmaking by bringing crowdfunding to the table. Now, MoviToken presents independent filmmakers and aspiring actors and cinematographers the opportunity to produce the content they’ve dreamed of. MoviToken is the opportunity.

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Website: http://movitoken.com/
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Published by: Foysal Hossain
Bitcointalk Username : bdfoysalhossain
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1861873
Ethereum wallet address: 0x05A451B83584C7A1C04Cd9E0d292Bbbe33957BA2