Fintage House Accepts Crypto Payments for Rights Transactions with TaTaTu (TTU Token) Partnership
Fintage House, a Dutch rights management company and publishing firm, has taken a major step – it will now accept cryptocurrency for rights in transactions. The company specializes in managing television, film, music, and their publishing rights and it works on revenue collection efforts as well.
To enable the crypto-for-rights exchange, the company partnered with TaTaTu, whose native token is TTU. The tokens were designed to enable users to pay for video content and advertising. According to Niels Teves CEO of Fintage House, “Soon we expect to start drafting the first agreements where we shall be accounting and paying out in TTU Tokens, whereby through the appropriate platforms the tokens could be exchange in fiat currency.”
TaTaTu has also partnered with large-scale Hollywood actors, such as Jonny Depp to create and produce digital content. One example of an upcoming digital form of content includes a biopic about Lamborghini, which will star Alec Baldwin and Antonio Bandaras.
The company also recently completed a ICO at $575 million, which was one of the most successful of 2018. Further, it seems that many have faith in the platform’s abilities, as the company also received $100 million from Lady Monika Barcardi, who also stated, that TaTaTu “reinforces [her] bullish stance on the promise of blockchain technology and cryptocurrency.”