The financial sector is becoming more accustomed to blockchain technology as more organizations are turning to decentralized finance to boost their financial security, tracking, and transparency. As DeFi becomes mainstream, more blockchain-based applications emerge, strengthening the DeFi economy.
However, the decentralized solution to the filmmaking industry as a whole is still at its infancy stage and the blockchain power had not yet been fully utilized. Blockchain has the potential to democratize the entire film value chain because it makes the transactions transparent, increases liquidity, and automates agreements and payments through smart contracts which are beneficial to all players and investors in the film community.
In decentralized finance, there’s one blockchain-based platform that facilitates investment in highly business-related film projects. This project was developed to assist independent filmmakers in creating and sharing content, fundraising, and connecting with a dependable worldwide community of film viewers. The platform that aims to decentralize the current film industry is MovieBiz Coin.
Over the years, there has been a growing market for films and entertainment. As a pioneering project that revolutionizes the movie industry in the most decentralized way, MovieBiz Coin created a platform that provides producers, directors, and other players in the film industry with more significant possibilities to expand, generate funds, and build their projects, enabling them to showcase their skills while also allowing investors to enter the film industry. With its vision to become a global catalyst that brings projects to completion, MovieBiz Coin is a game-changer for the film industry, allowing unique film talent to participate in a flurry of projects that are certain to enrich people’s lives with enthralling and entertaining material.
The power of blockchain through the native $MBZ token aims to use the technology to invest in films and artists worldwide. With a total supply of 410,000,000 tokens, producers can tokenize their films by leveraging the MovieBiz Coin platform. Moviebiz coin offers investment opportunities to stake their coins in various movie projects and earn hefty APYs.
Transparency is one of the key advantages of this encryption Moviebiz coin. The platform will provide financiers with a clear log of all expenditures, receipts, entitlements, and ownership of each film it helps to fundraise. Rather than waiting to sell shares in a Movie Fund or Company, buyers will have tradeable tokens published on major cryptocurrency exchanges.
MovieBiz Coin executes secured smart contracts on the blockchain using a semantics-first approach, executable reference model, and uniform gas model. Other aspects of the film industry are being disrupted as a blockchain-based crowdfunding platform. These include BookingCandy, TalentTags, and MobileTV.
The company’s main development and management team are led by competent and skilled members who have high experience in the field of film and finance. Additionally, the team is supported by strategic partners including Shows, Movies, Swag, NFT Whales, and Moviebiz.Fund.
Due to the rapid expansion of the DeFi space, Moviebizcoin will offer a suite of new products and quality services to help the film industry players maximize their earning opportunities including the launch of LaunchPad for independent moviemakers and an NFT marketplace where users can buy and sell NFTs backed by Moviebiz coin consisting of movies clipping of key moments, rare clippings of unseen footages, songs, artists avatars, movieverse, play to earn games suite based on the movie industry.
Coinswap Space, as a prominent player in the DeFi ecosystem, recognizes the potential of the movie industry. As a result, MovieBiz Coin has become a launchpad partner of the company. This collaboration will likely benefit and expand the platform’s users and holders.
MovieBiz Coin will be released on the Coinswap Space platform and will conduct an AMA: Ask Me Anything event, allowing crypto enthusiasts and film players worldwide to interact with the MovieBiz and CSS team and gain first-hand knowledge of the film’s digital space.
Join us for this highly anticipated event. We’ll see you all at the next AMA on January 26, 2022, at 12 PM UTC. The IDO will officially launch very soon on the Coinswap Space SpacePad.
