Institutional and high-net-worth investors have a dicult time accessing investment opportunities in major motion pictures.
MovieCoin’s cutting-edge platform provides democratized
access to quality financing opportunities through the creation
and tokenization of content slate asset portfolios.
A lack of uniformity and transparency in entertainment
industry transactions creates long delays between revenue
generation and compensation, resulting in wasted time,
money and other company resources.
MovieCoin leverages distributed ledger technology and smart assets to increase the reliability of information and make auditing easier, enabling faster dissemination of capital to owed parties.
Film and entertainment remains a static industry
with little to no major innovation brought to the market
in recent years.
MovieCoin injects much-needed eciency into the financing
and production process, providing template smart contracts
that reduce the need for physical paperwork, document
reconciliation and third-parties to construct or preside over
Film financiers typically have no access to secondary market
liquidity when seeking investment opportunities, settling
instead for long-term contractual arrangements or
membership interests in privately-held companies.
MovieCoin oers an accessible, centralized secondary market
that enables interested and qualified buyers to find selling
asset holders seeking liquidity
BANKEX begins to tailor its existing proprietary applications for the needs of the filmed entertainment business. Moviecoin Tokens are designed as an entertainment industry cryptocurrency, supported by smart contracts, representing the value for goods and services in the MovieCoin ecosystem. MovieCoin appoints former COO at Participant Media, Jeff Ivers, as Chief Operating Officer Marty Pompadur is appointed to the Board of Directors MovieCoin announces the formation of an Advisory Board; members have diverse backgrounds in film production, studio management, investment banking, technology and venture capital
MovieCoin attends blockchain events around the world and the Cannes Film Festival MovieCoin begins to receive media exposure and seeks strategic partnerships with a consortium of progressive companies to develop and proliferate blockchain technology
MovieCoin Smart Fund (MSF) is structured to be enhanced by smart contracts that automate the document flow typical for a movie fund, introducing new efficiency and transparency for investors Technology building to support the MovieCoin exchange is initiated. The groundbreaking MovieCoin Exchange Terminal is designed to create a robust secondary market for film investment
MovieCoin to close Series B and Series C funding following roadshows seeking participation from a global base of institutional investors MovieCoin launches sale for Moviecoin Tokens and MovieCoin Smart Fund Tokens
The MovieCoin Smart Fund is launched as a program to finance and own a portfolio of wide-release, feature-length major motion pictures. Investments are to be funded from proceeds of equity securities, security-backed tokens and from borrowings under a credit facility MovieCoin finances its initial films via the MovieCoin Smart Fund MovieCoin provides production financing through MSF Tokens as proof-of-concept
Movie.io is launched as an innovative, online, mobile-friendly portal designed to create more engaging experiences for film fans using Moviecoin Tokens MovieCoin continues to develop and build the MovieCoin platform, wallet and exchange that will unlock access, liquidity and transparency for entertainment investors and businesses
Key functionalities of the platform are finalized based on data and feedback collected by users Fund investors can begin to access secondary market liquidity for content investments (subject to applicable securities regulations)
Fund investors can begin to access secondary market liquidity for content investments (subject to applicable securities regulations). Initial films financed by the MovieCoin Smart Fund are released theatrically worldwide
Serialized funds launched (MovieCoin Smart Fund II, MovieCoin Asia Film Fund) MovieCoin JVs in China and India MovieCoin enters new content (Television)