Quote from: boomboom on March 10, 2017, 03:51:09 AM

Quote from: TheBitcoinMovie.com on March 09, 2017, 01:40:34 PM

Thank you all for making this discussion live! The White Paper will be released on March 13, 2017.
In the meantime, we would like to answer some of the questions:

Quote from: boomboom on March 07, 2017, 10:00:08 PM

Quote from: TheBitcoinMovie.com

By design, The Bitcoin Movie will be a unique filmmaking experience. Token holders will have the opportunity to actively participate in the creative choices. From development to post production, you will have the ability to vote and decide on key film elements such as director, storyline, cast, etc.

The Bitcoin Movie is set to become the first film in history to use blockchain technology and smart contracts to run a film production.

This is the absolute worst decision making process imaginable for making a movie. You'll end up making the worst movie possible, what next, use blockchain and smart contracts to raise children.

Investing in The Bitcoin Movie will represent an equity stake in the production of the film where profits generated by the resulting film will be distributed amongst token holders. The Bitcoin Movie Tokens will give voting power to its proprietor and allow him/her to vote on important decisions in the filmmaking process. Therefore, The Bitcoin Movie represented by its token holders will take the position of a production company and financing entity. The Bitcoin Movie token holder's responsibility lies in hiring the right people for the job not to interfere in the work of experienced movie professionals.

Your OP says

"From development to post production, you will have the ability to vote and decide on key film elements such as director, storyline, cast, etc."

This almost certainly gaurantees a cluster fuck process, I'll give you one example out of many that come to mind; if token holders vote on key elements like director, storyline and cast, that implies a range of candidates in each area will consent to having a public process where all necessary offers, counter offers, conditionals etc are made public, so the token holders can make a decision on who to vote for. Do you really think professional recruitment can work like that, without NDA's and confidentiality?

What you are proposing is a reality tv style recruitment process, where amateurs with nothing to lose offer themselves up for Movie Idol, and the token holders vote candidates off the 'tribe'. Now, that might make the 'recruitment' process a potential reality tv show, but the Movie it makes will be complete dog shit.

Small time Movie deals go like this. Someone writes a good script, it gets past around, sometimes for years, until some 'money' gets behind it. Then a BIG name signs on, then the script, money, and big name attract more money and other Big names. Then, depending on the Big names there might be script rewrites. Once the ball starts rolling the initial investors don't have any say at all, the big name actors, directors, producers, cinematographers etc do. Usually the original writer gets blown off and has little say in the finished product.

Movie making deals are messy, secretive, top down and hierarchical, it can't be turned into a democratic process, too many conditionals, 'I'll be in your movie if X is the director, but not Y, unless Z is the co-star, in which case I MUST have P doing rewrites on the sex scene'

Sorry to hijack your thread dude (Actually not sorry at all - because I think this is a scam).... But... You might want to reconsider the idea of this being an equity stake project - if in deed you are preparing to make a movie and not just trying to scam people for coin. An equity stake requires you to run full disclosure, KYC and full Due Diligence in the USA & UK particularly. This costs money - real money... I notice your website is registered in Panama though. so I suspect this is a scam.

There is however a real Bitcoin Movie (Well actually a full TV series) in development, with full tokenised ICO and an advisory board of moviemakers & TV specialists. Not to mention one of the world's leading Blockchain consultants.

Watch out for The 21 Million Project..

Coming very soon to a TV near you.