Future of Film – Blockchain: Can Blockchain Breed Blockbusters 2018?

    Blockchain was initially known for being the underlying technology of Bitcoin but right now it is finding applications much more than just being that, from feeding digital kitties to funding films. Blockchain-based funding can radically change the financing of creative projects, which includes film projects too.

    It is now possible to fund projects that might have otherwise been turned away by Hollywood studio executives. We have already seen the democratization of the entertainment industry and the weakening of Hollywood’s control. We’ve seen the rise of independent studios, and smaller platforms like Netflix coming out of nowhere and taking center stage with their original productions, as well as untouchables, such as Harvey Weinstein, finally being held accountable for their actions. All of this spells a huge change in how film and television are being made, and we’re seeing a significant decline in the influence that large, top-down studios have.

    Upcoming Cryptocurrency Financed Films

    Tribeca is premearing psychological thriller, Briad. The Braid tokens sale on the Ethereum Blockchain raised $1.7 million in two weeks. “BRAID” director Mitzi Peirone is one of the panelists at a special Tribeca Talk on April 23 entitled “Future of Film — Blockchain: Can Blockchain breed blockbusters?” Other panelists include Peter Guglielmino, CTO for IBM’s Media & Entertainment Industry and Daniel Hyman, VP of Entertainment Finance and Development.

    Another famous cryptocurrency financed project is HardFork, a television series set in a dystopian future where cryptocurrency and augmented reality rule. They had raised the funding on, a cryptocurrency-backed social media platform where artists earn money for content they post.

    There are multiple projects that are exploring the new way of financing, but what does this new paradigm hold for the future of filmmaking industry, is a question which has no right answer at this infancy stage of the technology.

    Get Free Email Updates!

    *Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

    I will never give away, trade or sell your email address. You can unsubscribe at any time.

    Bitcoin Exchange Guide News Team
    B.E.G. Editorial Team is a gracious group of giving cryptocurrency advocates and blockchain believers who want to ensure we do our part in spreading digital currency awareness and adoption. We are a team of over forty individuals all working as a collective whole to produce around the clock daily news, reviews and insights regarding all major coin updates, token announcements and new releases. Make sure to read our editorial policies and follow us on Twitter, Join us in Telegram. Stay tuned. #bitcoin

    [Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

    [Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


    Please enter your comment!
    Please enter your name here


    Live Bitcoin Price & Latest BTC Charts

    Today's Latest Crypto News

    Cash is King in Coronavirus Ravaged Economy But Bitcoin is “Next in Line to the Throne”: Hedge Fund Manager

    Mark Yusko, the CEO at Morgan Creek Capital Management says coronavirus is unleashing a once in a lifetime downturn. Yusko appeared on CNBC’s “Trading Nation”...

    Bitcoin’s is Gold 2.0; Billionaire Chamath Palihapitiya Lays Out BTC’s Path Forward in Macro Backdrop

    In the latest episode of The Pomp Podcast, host Anthony "Pomp" Pompliano had Chamath Palihapitiya, the CEO of Social Capital as a guest who...

    Binance ‘Leak' Signals Possible Bitcoin Options Trading Launch On The Exchange

    The competition across cryptocurrency exchanges in the crypto derivatives markets is heating up to a boiling point as yet another big player hints at...

    BTC Isn’t a Hedge Against Stock Market’s Poor Returns or Coronavirus But US Dollar & Inflation: BitGo CEO

    In 2020, Bitcoin has been following stock markets religiously, so much so that their correlation went to a new high. But now, the flagship...

    Netflix's ‘Tiger King' Villian, Carole Baskin at The Big Cat Rescue Accepts Crypto Donations

    With the Coronavirus (COVID-19) running rampant in the United States, Americans are drooling over the hot new docuseries on Netflix; “Tiger King: Murder, Mayhem...

    BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.