The Token Disrupting the Film Industry

Prior to the 2019 introduction of COVID-19, movie ticket sales in the United States amounted more than $45 Billion. The pandemic caused cinemas to close across the US. This led to a 65.7% drop in US movie sales to $11.4 billion and $3.9 billion respectively.

Global movie markets have slowly started to recover since the pandemic ended and people are able to adapt to a new normal. The entertainment sector is thriving again thanks to the pandemic. The popularity of entertainment streaming platforms like Netflix, Hulu, or Amazon Prime Video has increased. They offer users convenience, a variety of options and encourage independent filmmakers and producers to submit projects and ideas. This gives them an opportunity to compete in the once-monopolized entertainment market.

Decentralized technology is becoming more popular as blockchain makes its way into the financial industry. This will allow companies to have greater financial transparency and financial security. But, the film industry still has not yet found a decentralized solution.

Film Industry decentralization

MovieBiz Coin is a blockchain-based platform that aims to centralize the film industry. MovieBiz Coin provides producers, directors and other actors involved in moviemaking with greater opportunities to raise capital, grow their projects and create new ones. This platform gives them the opportunity to showcase their talents and investors the chance to invest in the film industry.

Producers can use crowdfunding technology to tokenize their movies by using the MovieBiz Coin platform. With BookingCandy, the platform also disrupts other areas of film industry.

BookingCandy makes it possible to purchase tickets for local cinemas from your smartphone using blockchain technology. The smart contract technology ensures that tickets can be purchased at face value and retailers will not sell them duplicates.

MovieBizCoin was founded to assist independent filmmakers. This allows them to show and promote their content, raise funds and connect with a global audience of film fans. MovieBiz Coin is a native $MBZ token that allows investors to make investments in film and artist worldwide.

MovieBiz Coin can confidently enter large, diverse markets thanks to its decentralized platform. It attracts movie-making fans from around the world. MovieBiz Coin is a revolutionary step forward for the film industry, inspiring unconventional movie talents to access a slew of projects that, thanks to blockchain technology, are sure to enrich people’s lives with content that captivates and entertains.

“Most people don’t have the opportunity to invest in the movie industry and the main investors [are]People from the film world. We [want to] change the way the movie industry works while making it possible for anyone to invest and make profits by investing in movies,”According to the website, it has made these statements.


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