The next tech wave of entertainment investing is here. MovieCoin is a financing platform built on blockchain technology. Offering investors a new opportunity to directly participate in the financing of Hollywood movies and TV shows with complete transparency regarding where their money is spent and how their investments perform.
Unlike crowdsourcing, MovieCoin will perform like other cryptocurrencies, but with special deals on movie tickets, buying or renting films or television programs on DVD and Blu-ray or through transactional video on demand (VOD) services and subscribe to programming offered by other VOD and pay television providers. Payments made in MovieCoin will be recorded on the blockchain and promptly distributed directly to each project’s lenders, investors, or distributors.