New Blockchain opportunity: Avalanche's new tech helps raise funds to fund films
In a new publication, Avalanche has announced a new technology where Blockchain can help to fund films.
People can send Avalanche Coins to known regisseurs and when enough money is collected, a film will be created. Everyone, who sent Avalanche Coins for funding will get later a revenue from cinemas, television broadcasts or film sales.
So, people can get back tons of money for successful films.
It's like ICO but for films.
It could have a huge impact and bring speculation to film industries, where people can make money from funding films.
Here is Avalanche's announcement: https://medium.com/avalancheavax/wpf-launches-tokenized-film-finance-offerings-ffo-hosted-by-republic-tokens-to-be-built-and-b6042c278d1d
From an speculation perspective, it's very promising because people will try to make money from funding films.
And have Blockchain as underlying tech once more.
People can send Avalanche Coins to known regisseurs and when enough money is collected, a film will be created. Everyone, who sent Avalanche Coins for funding will get later a revenue from cinemas, television broadcasts or film sales.
So, people can get back tons of money for successful films.
It's like ICO but for films.
It could have a huge impact and bring speculation to film industries, where people can make money from funding films.
Here is Avalanche's announcement: https://medium.com/avalancheavax/wpf-launches-tokenized-film-finance-offerings-ffo-hosted-by-republic-tokens-to-be-built-and-b6042c278d1d
From an speculation perspective, it's very promising because people will try to make money from funding films.
And have Blockchain as underlying tech once more.