Competition in the international film industry is getting tighter, industry actors with little capital rarely have a chance to compete when viewed from the costly filmmaking. With the limited funding of a production house could suffer huge losses if the film, the series being run broke halfway due to limited cash.
A new breakthrough has been launched in the film industry. This is one of the first film distribution platforms built using blockchain technology. This platform connects independent filmmakers directly to viewers. This helps reduce the costs that manufacturers face when it comes to marketing and distribution. This new technology removes middlemen, who currently receive up to half the revenue from every movie watched by viewers. Home art enthusiasts can easily watch a movie made by their favorite director along with new directors as soon as these films premiered at the festival. It is something well-known that technology has advanced and in return, it has had a positive impact on the independent film industry. Before all, it's important for everyone to understand what MoviToken is and what its purpose is. The company is cryptocurrency-based and is designed to reduce suspended cases or low deals in the film community. This company is popular and has been named as MOV and this is how it has been registered in the Parity Registry. Industry players can make payments for artists and crew with MoviToken exchange and dApps who have collaborated with the Ethereum blockchain. MoviToken's main target is to reduce the need for cash because it has no payments or low payouts.
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.
APPLICATION OF THE MOVITOKEN
The independent film community gains power from trading MoviTokens as it allows producers to completely use a community currency on movie projects. It also limits the use of cash. Some use cases are:
- Crowdfund with MoviToken only, then trade on exchange
- Cast and crew can be paid with MoviToken
- Utilize MoviToken with investors, keeping accountability on the blockchain
- Producers can make the request from distributors for payment, in MoviTokens.
- MoviToken can be accepted for services
Benefits of MoviToken
- MoviToken encourages the use of cash in the film community that prevents communities from losing money and maximizing profit in the end.
- MoviToken helps with cash flow in the respective areas of the film It popularizes communities around the world and this promotes talent.
- MoviToken encourages interaction within the film community and promotes trust and support.
- MoviToken does encourage talent and crew and aspiring cast members who can use creativity and become a resource in the community and develop the latest skills.
- MoviToken will offer equal opportunities to everyone, opportunities to interact and share ideas in the indie film industry.
How To Work MoviToken
MoviToken could be a manufacturer of tools and filmmakers will use to supply additional competitive productions, i.e.filmmakers will pay cinematographers to bring all of their camera gear for feature films, storing loads of money for alternative production wants. rather than complaintive regarding ne’er commercialism situations, authors will hash out payouts in MoviToken. the author will then turn and manufacture his own motion-picture show together with his MoviToken possession. really money has forever been a restricted resource for indie producers (and even Hollywood is taking cost-cutting steps however that is another discussion for various platforms), MoviToken helps bridge the finance gap a trifle additional.
MoviToken Today
MoviToken is currently trading on the following exchanges: idex.market, forkdelta.github.io, ethex.market, erc20.exchange and rektex.github.io In addition, MoviToken can be purchased and sold via easytrade.io
MoviToken symbol: MOVI
MoviToken contract: 0x623B925b0A57a24EA8dE301F2E3E692cE903f0c3
ROADMAP
Q2 2018
- MoviToken will partner with Bancor for continued liquidity.
- promote trust and use within the indie film community.
- The first production studio to adopt the use of MoviToken will be announced.
Q3 2018
- The first feature film produced with MoviToken will be announced.
- MoviToken will partner with the crowdfunding platform to help filmmakers by raising funds for their projects.
- Production to start on the first feature film financed by MoviToken.
Q4 2018
- MoviToken must be listed on more than 1 main exchange and combined by multiple dApps.
- listed by BarterDEX and ETHLend's Lending Platform Komodo. 2019
- The launch of the first feature film financed by MoviToken. 2020-2022
- Southern Meridian, LLC will release the first public of several case studies
- on the use of MoviToken to produce movies. The data and findings will be provided by an independent research firm.
Token Distribution
250 million MOVI – Southern Meridian, LLC
250 million MOVI – TBA Production Studio
500 million MOVI – Market
Token Detail
Total supply: 1,000,000,000
Southern meridian LLC: 250,000,000
TBA Production studio: 250, 000, 000
Market: 5000, 000, 000
To Get a Clearer Information About MoviToken Purchase Procedures, Please Visit The Link Below:
Website : http://movitoken.com/
Whitepaper : https://img1.wsimg.com/blobby/go/bc2ac489-d696-49a8-9912-376a7c9dab88/downloads/1c9nfcila_247342.pdf
Bitcointalk ANN Thread : https://bitcointalk.org/index.php?topic=2680192
Facebook : https://www.facebook.com/movitoken
Twitter : https://twitter.com/movitoken
Youtube : https://youtu.be/MkpeU6YTw-
Telegram : https://t.me/joinchat/Hv_GKhJe4LqHuStjnGidsQ
Author: Kolya Albina
Bitcointalk Profile Link : https://bitcointalk.org/index.php?action=profile;u=1880310
ETH Address : 0x4506B1E0413E516Fb9A0F5082d513C4F0c75323f
