* FM HomeCryptoCurrencyNewsYou Can Now Become a Movie Investor via Ethereum Smart Contracts You Can Now Become a Movie Investor via Ethereum Smart Contracts Have you ever dreamed about becoming a movie investor and driving around Hollywood with a vanity license plate that spelled Executive Producer?Well that is still far off for most of us but at least now we have an easy way to help produce an independent film and get a cut of the profits.The Pitts Circus is an Ethereum funded movie and its hybrid smart contract tradable shares will enter the second phase of their ICO (initial coin offering) on march 20th 2017.The shooting of the film already started in Australia in January, and the crew says they will be shooting in Switzerland later in 2017.The token is not just a crowdfunding-trading-token – it entitles holders to receive 75% of the project’s net profit over twenty years.Meaning that investors will not only potentially receive a ROI (return on investment) during the next two decades but they can also trade their shares on exchanges and speculate on future development of the price.

The movie digital asset can be traded on two crypto exchanges on the Ethereum blockchain already.buy litecoin in gbpThe two exchanges that have listed the coin as of now are: idex.market and EtherDelta.All shareholders that bought into the original hybrid smart contract received bonus coins for their early support in phase one.kostenlose bitcoinThe remaining shares will be sold through the initial coin offering in phase two.dogecoin to paypalAdditionally, mainstream users will receive the coins at their full price when they buy a ticket for the movie.bitcoin tyrannyxDon't stay behind!Sign up for our newsletter and get all the hottest news in your inbox daily.* First Name Last Name Email address* I would also like to receive business enhancing offers and promotionsComments Report News First NameLast NameEmail message*Email Found a mistake?bitcoin political action committee

First Name*Last Name*Email* message*CommentsNick Ayton, the sage of Shoreditch and our London correspondent, explores the impact of Blockchain technologies and his own motivation to get involved in a new concept for funding a Blockchain TV based on smart contracts.bitcoin low inflation riskHigh-quality television called scripted TV is very fast becoming the viewing of choice for everyone who is challenged by live programming or reality TV where the quality is poor and the news is fake.deutsche bitcoin boerseHuge hit TV series such as The Good Wife, House of Cards, Game of Thrones, Sherlock and one of my personal favorites, Billions, are, amongst many others, clearly the way to go.bitcoin price crash 2013But who decides on what gets made and can we get rid of the middlemen in the industry?litecoin price 2010

Are they about to get nuked?A new type of film and television production company is needed: open, transparent, instantly auditable that automates the payment of royalties.The future belongs to Blockchain film production operating models.As consumer tastes adapt there remains a huge demand for content produced by using Netflix, HBO and Amazon business models.But this model remains open to abuse and infringement where user accounts and passwords are handed over, where not all the revenues are collected and artists and creative writers get squeezed by the big corporations, such as Hollywood or Amazon.The 21Million project is the first full Blockchain enabled production company that uses cryptoeconomics to fund the creation of great content delivering an opportunity for everyone to invest.While normally fans don’t get a chance to get involved in the next big Netflix or Amazon feature, here they can be engaged in “permissionless investing."The story of 21Million is the libertarian story of Satoshi Nakamoto and the Bitcoin Blockchain revolution where life is our future reality and it needs to be told to everyone.

A technology that delivers a different ethos that will change the way we vote, how government operates and how we protect and manage both our identities and trade our value.Blockchain is the perfect technology and opens up new and exciting ways of financing content, delivering openness and transparency that is severely lacking across Hollywood.Cryptocurrencies have unique properties to tokenize assets (to program the behavior of value) and offer for the first time the opportunity for ordinary investors and fans to invest in the creation of great content at any level of investment, even small.To get involved in the process breaking many rules, contributing to the process, punching through the Hollywood glass ceilings of discrimination and fat cats and getting paid a royalty for owning a share of the copyright.21Million is a movie and 12 part miniseries following in the steps of Billions, although worth much less than 21Million.A film and series that mirrors the libertarian cryptocurrency reality that is being played out, as the Blockchain that is changing the world around us.

It tells the Bitcoin story of secretive coders that have designed a financial system as an alternative to the banks post-2008, offering complete anonymity, borderless, beyond censorship and not owned by anyone that is clearly making some very nervous.The system that will replace the banks and bring the people together that scares those in charge.21MCoin is a copyright token that entitles the owner to a share of copyright and thus to royalties and other benefits for perpetuity.Where the value of the token is pegged to the underlying asset and not to software development schedule or investment in code that isn’t yet written.21Million tokens are used to support the business where all staff, cast and crew get paid the same which makes production budgets go much further, with more content bang for the buck - stripping out middlemen fees just for being there.For most creative talent, artists, writers and musicians getting paid remain the hardest act.Their share is getting squeezed more and more by fat cats.