MoviToken A new concept About Film industry in blockchain based

cryptoplayer (50)in #movitoken • 6 years ago (edited)

Day by day cryptocarrency is going forward. In the continuation of the current film industry, a great company Launch, whose name is MoviToken . A Blockchain Based Film Production industry On ERC20 Ethereum Platform. MoviToken already launches exchange in Idex,forkdelta,ethex,erc20 .

POWERED BY ETHEREUM
MoviToken is an ERC20 + VERIFIED community cryptocurrency developed specifically for the independent film community.

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, who’s recent feature film Strait & Narrow is currently being released globally on DVD and VOD. In 2018, there were 13,468 projects submitted to the 2018 Sundance Film Festival3, the largest film festival in the world, employing an estimated 390,100 people4, and boasting a $2.26 Billion5 (USD) financial investment, worldwide. It is important to note that these numbers only account for the 13,468 projects submitted, from around the world, to Sundance for their 2018 festival.

Let’s know What is MoviToken and how it works.

Producers can pay ability and group with MoviTokens. Basically financing motion pictures on the Ethereum Blockchain. Cast/Crew can later trade MoviTokens for Ethereum (ETH), at that point to USD, BTC, or other altcoin or token.

Trading MoviToken (MOVI) strengthens the independent film community by allowing producers to utilize a community currency on projects with limited cash. How is this done? Paying cast and crew with MoviToken. Crowdfund with MoviToken only, then trade on exchange. Accept MoviToken for your services. Utilize MoviToken with investors, keeping accountability on the blockchain. Producers can even request payment from distributors in MoviToken, facilitating the freedom to trade on the open market to potentially further maximize profit. Why use MoviToken? Using 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.

Token Distribution
Total Supply: 1,000,000,000

Southern Meridian, LLC: 250,000,000

TBA Production Studio: 250,000,000

Market: 500,000,000

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