Founded in 2017, MovieCoin is a blockchain-based platform designed for the entertainment industry. It provides its participants (businesses and consumers) with the ability to directly perform crypto transactions and contracts between them in a tokenized ecosystem. Movie producers and actors are able to work together without a 3rd party involved (i.e. actors agencies), by matching the requirements of their project at MovieCoin.
The MOV token is an Ethereum-based (ERC-20) cryptocurrency. It is the token that will power the platform, it will serve for the users to exchange value between them as well as to facilitate the purchase, rent, and transactions or participate in movies or other media content available on MovieCoin.
MovieCoin ICO will begin on a TBA date. The ICO token supply represents 30% of the total token supply, so there is a total of 600,000,000 MOV tokens available, for 0.00001667 BTC each. The ICO funding target is 2,000 BTC, the funding cap is 10,000 BTC and is expected to end on a TBA date.
Token Reserve Split (70%):