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MovieBiz: A Silver Lining for New Independent Moviemakers

CryptocurrencyNov 29, 2021 02:00AM ET
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MovieBiz: A Silver Lining for New Independent Moviemakers

  • MovieBiz helps independent moviemakers to succeed in the field.
  • It invests and supports filmmakers and movies as well.
  • It uses blockchain technology.

It can be a hard world out there for new independent moviemakers who are seeking to break into the entertainment industry. Luckily, there are some companies that are harnessing the power of blockchain technology to make it easier for new independent movie makers. MovieBiz Coin allows all stakeholders within the movie-making industry greater access to global movie-making investment opportunities through blockchain technology.

MovieBiz Coin’s mission is to help moviemakers with gripping and unique stories to succeed and make sure that their work receives the compensation and attention that it deserves. The company does this through its exclusive marketplace where content is released and exposed to a community of buyers around the world, without any boundaries.

Often, many potentially profitable and incredible films by independent moviemakers in non-US countries are overlooked. For example, the Indian film industry produces approximately 2,000 movies per year. That’s more movies annually produced by both the US and China combined. Indian movies’ gross office sales were valued at $3.78 billion in 2020. But sales are largely limited to the Indian market and some Asian markets. The huge number of movies produced by the Indian movie industry suggests that there are a lot of talented movie makers with significant potential to produce outstanding movies. MovieBiz Coin makes sure that independent moviemakers — no matter where they are in the world — can access investors globally.

Core to MovieBiz Coin’s mission is the investment and support that it provides to independent movie makers. Through blockchain technology, the company allows anyone across the world to invest in movies that they believe are compelling and have the potential to become famous.

MovieBiz Coin also invests in movies. MovieBiz Coin carefully selects movies to showcase to investors, focusing on choosing those with powerful stories that have the potential to make a positive impact on society and the decisions people make. There is no doubt that people are inspired by characters in movies, and MovieBiz Coin seeks to inspire deeds and actions that will make the world a better place.

Independent moviemakers have several benefits from seeking investment through MovieBiz Coin. The company provides a quick and simple way to raise investment, and there is no need for moviemakers to make their case from private or institutional investors. MovieBiz Coin is the third party that simplifies the process of seeking and providing investment in relation to movie making. Moreover, movie makers benefit from transparent working conditions with investors, as IP rights and smart contracts and all listed on the blockchain, which make it almost impossible for documents and agreements to be tampered with.

Investors in movies also benefit from MovieBiz Coin, as they are provided the opportunity to make a profit from the movies once they succeed. Profits from movies are shared with MovieBiz Coin’s token holders. The entertainment industry is a major market, and the COVID-19 pandemic has only demonstrated how important it is to access content from home and be able to invest in talent across the world. In 2019, the cinema industry’s revenue was $45.1 billion and in the US alone it was $11.4 billion. But in 2020, pandemic-induced restrictions on movie theatres brought the US figure down to $3.9bn. In contrast, Netflix (NASDAQ:NFLX) more than doubled its profits between Q1 2020 to Q1 2021, from $700 million to $1.7 billion. Online and mobile viewing of movies will increasingly be the way forward over the coming years, with people increasingly demanding incredible films. Movie industries across the world have the ability to provide this, and MovieBiz Coin is paving the way for a revolution in the movie-making industry to benefit movie makers, investors, and viewers across the w

Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.

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MovieBiz: A Silver Lining for New Independent Moviemakers
 

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