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Second Phase of ICO Comes for Ethereum Funded Movie

The Ethereum blockchain is moving forward into the film industry as the hybrid smart contract of the first ethereum-funded movie gives away free tradable shares to early investors and nears phase 2 of its ICO. ‘Ethereum Movie Venture’ – EMV is a decentralised movie-investment platform designed for investing in the independent movie industry. The initial film, produced by a Swiss company, ‘The Pitts Circus’ follows the journey of a four-person strong circus family from their home to a circus festival in an isolated part of Western Australia.

With the second phase of its ICO beginning on 20th March 2017, investors can purchase the Ethereum blockchain-based coin called EMV coin. The coins that represent the shares are ERC-20 certified Ethereum tokens. The contract and the coins can be inspected on blockchain and prediction markets such as Augur list bets on the price – development of EMV over various timescales.

 

READ MORE OF THE ARTICLE AT CHAIN-FINANCE.COM

Based near Windsor, England, Matthew Warner is an enthusiast for innovative, cutting edge technologies. He is a B.Eng. graduate in engineering with honors from the University of Warwick and also holds an PGCE in education degree. Matthew is a member of Mensa.
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