Crypto-Currency For Film Financing

Notwithstanding regulators’ warnings, cryptocurrencies continue to proliferate with another film-oriented token premiering at the Cannes Film Festival.

According to the promoters, “Hubii film provides film projects with a blockchain based decentralized marketplace focused on changing two key processes for film makers: Access to new funding sources and promotion support during the fundraising phase.”

Every production will have a separate coin that will trade in the secondary market.

Their first production will focus on, of course, the Bitcoin  Goldrush.”

https://www.flickfeast.co.uk/film-festivals-2/hubii-film-cannes2018/

About JeffKoeppel

I am a corporate/securities attorney in the Washington, DC area. Prior to joining the firm, I was a Senior Attorney Advisor in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. I am a member of the Bars of the States of Maryland, New York and the District of Columbia. You can also follow this blog on LinkedIn at: http://www.linkedin.com/pub/jeffrey-a-koeppel/0/63/5a9
This entry was posted in accredited investor, Banks, CFTC, checkbook, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Film, Funding Portals, Investments, Jobs, Legislative Intent, SEC, technology, VC, Venture Capital and tagged , , , , , , , , , , , , , , . Bookmark the permalink.

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