Filmmakers Finance With Cryptocurrency

There’s a lot of talk in the film business about using cryptocurrencies to finance motion pictures.


A few films have (apparently) been successful raising funds, including “”No Postage Necessary,” an indie film paid for and distributed on the Qtum blockchain” as well as “Braid, a psychological horror film” that sold $1.4 million of tokens and was shown at the Tribeca Film Festival.

Others have organized crypto-studios to finance a slate of films under their control, including MovieCoin run by Hollywood insiders, Crowded Cloud, and in the web television space, AlphaNetworks that just supposedly raised $10 million, and SingularDTV.

We’re still in the experimental phase but like the cable companies, the studios should be on high alert.


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:
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