Veteran Hollywood filmmakers Ben Rosenblatt and Micho Rutare launch $FLIX, a novel crypto-token, in an effort to reinvent how unbiased movies are financed, produced, and distributed.
Their firm American Meme will leverage $FLIX to lift capital for a slate of indie movies that attraction to each movie and crypto fans. A price on every transaction goes on to a “movie pockets.” The workforce has dedicated to investing 75% of movie pockets funds in manufacturing and solely 25% in advertising and marketing and publicity.
Earnings from movie gross sales, distribution, and licensing might be used to purchase again $FLIX, which is able to make the token deflationary to ensure that its relative worth to extend regularly.
As well as, token holders will obtain unique entry to solid and crew chats, behind-the-scenes invitations, votes on artistic selections, premiers, and events, and supply enter on the movie slate.
The founders envision a rising, strong neighborhood of crypto and movie fans who can make investments financially and creatively in indie filmmaking.
“Hollywood is as soon as once more evolving, and essentially the most highly effective voices can come from exterior the city. The filmmaking and crypto communities are extremely engaged and highly effective. We would like their assist in creating the subsequent hit film,” says co-founder Ben Rosenblatt, a producer of Snowpiercer, Star Wars, and Star Trek movies and sequence.
“We wish to foster the subsequent nice wave of standard, unique unbiased cinema. We’re uninterested in company gatekeepers figuring out what motion pictures get made. It’s time for a shift, and we predict these new cryptocurrencies and blockchain applied sciences are the keys to shifting energy again to the individuals by way of decentralized movie finance.”
“There’s limitless potential for what Internet 3.0 applied sciences can deliver to the leisure business,” says co-founder Micho Rutare, a veteran author, director, and artistic government answerable for the Sharknado franchise.
“We’re speaking vertical, decentralized filmmaking. Our token holders assist us resolve what to make, assist us finance tasks, and get first entry to all of the rewards, all whereas holding an appreciating asset. This unlocks new types of media distribution and extra room for creative freedom. We, collectively, can resolve what will get made. That’s an extremely thrilling prospect in comparison with the present established order.”
Whereas their short-term aim is to extend consciousness of the coin and their medium-term plan is to provide movies seeded by $FLIX income, Rosenblatt and Rutare have a long-term imaginative and prescient for the token: to develop into the paramount medium of trade for filmed leisure transactions, each within the conventional theatrical enterprise and in addition within the metaverse.
Rosenblatt and Rutare imagine this monetary innovation will create a sturdy ancillary income stream for the business, liberating filmmakers from the tyranny of the company backside line.
The $FLIX token is now reside and accessible for buy on Uniswap. The following progress iteration will use the preliminary funds to construct a manufacturing slate and listing the token on bigger exchanges.
About $FLIX token
$FLIX is a cryptocurrency for filmmakers and film lovers designed to revolutionize movie financing. The filmmakers’ mission is to vary how unbiased filmmaking is financed, produced, and distributed by way of new crypto and Internet 3.0 applied sciences.
For too lengthy, Hollywood has been closed to outsiders. $FLIX champions unbiased movie by elevating capital, investing in novel concepts, and leveraging blockchain transactions to fund film tasks from its proprietary token.
Filmmaking and the token help one another by reinvesting the income again into the foreign money to fund additional tasks. The neighborhood of token holders helps every undertaking by voting on facets of every undertaking.
The novel method to filmmaking flips the script on movie finance, manufacturing, and distribution, fueled by new crypto and Internet 3.0 innovation.
About Ben Rosenblatt
Ben Rosenblatt is a producer of movies, sequence, and quick media. Ben serves as an Government Producer of the TNT/Netflix sequence, Snowpiercer, which is now in its fourth season, and The Alienist, for which he was Emmy nominated.
Ben can be a producer on the forthcoming sequence Let The Proper One In for Showtime and Tokyo Vice for HBO Max. Beforehand, Ben spent six years at J.J. Abrams’ manufacturing firm, Dangerous Robotic, the place he helped produce characteristic installments of the Star Wars, Star Trek, Mission: Unimaginable, and Cloverfield franchises.
Moreover, Ben has co-produced unbiased movies Small City Crime and Fatman, Paramount Animation’s Marvel Park, Google’s Youtube sequence Moon Shot, and has produced adverts for Esurance, THX, and Win America Again…PAC, which Ben co-founded.
Ben lives in Los Angeles, the place he co-runs the manufacturing firm American Meme.
About Micho Rutare
Micho Rutare is a Los Angeles-based author, director, and producer. Whereas working as head of improvement at The Asylum, Micho oversaw the inception and improvement of the Sharknado motion pictures, in addition to over 100 different characteristic movies, together with DEAD 7, which he produced with Nick Carter of The Backstreet Boys.
Micho has written, directed, and produced options and episodic content material for Syfy, Lifetime, MTV, YouTube Pink, and Sony Residence Leisure. Micho is a co-founder of Win America Again…PAC and produced viral anti-Trump adverts for the 2020 election.
Micho is a Rwandan-American and a sixth-generation Michigander. Micho presently lives in Los Angeles, the place he co-runs the manufacturing firm American Meme.
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