Top 5 Blockchain Companies Integrating with the Film Industry
Different firms are embracing the blockchain’s potential to finance movies, develop smart contracts, and distribute content. If you want to distribute your film on the blockchain here are five companies integrating with the blockchain and film industry.
A blockchain entertainment studio called SingularDTV is building the groundwork for a decentralized entertainment sector
SingularDTV’s platform equips artists and creators with strong tools to manage projects from development to distribution by creating the future of rights management, project funding, and peer-to-peer distribution
Films being distributed through SingularDTV: Trust Machine: The Story of Blockchain directed by Alex Winter
Vevue is a cutting-edge social media software that pays users and media creators for their participation
Their ecosystem offers customers a “earn money first” strategy by utilizing blockchain technologies, such as micropayments
Vevue pays you for your content not in a monthly check in the mail way, in the blockchain totally instant way
Films being distributed through Vevue: No Postage Necessary, a romantic comedy directed by Jeremy Culver
3. Ara Blocks
In Ara Blocks all content is decentralized, secure, owned, distributed, paid for, and rewarded between peers
By using underutilized processing, storage, and bandwidth, Ara Blocks enables every device in the world to simultaneously join a global supercomputer, database, and delivery network
Using Ara Blocks you can distribute content on your own terms
FilmChain is the first automated collecting solution that transparently and effectively gathers, distributes, and analyzes income for film, television, and digital content
FilmChain is the first collection service to leverage blockchain technology to automate payments, reduce the expense of collecting and distributing film revenue, and greatly speed up the money flow from beginning to finish
In FilmChain blockchain is used as a security measure; no cryptocurrencies are used
A Swedish start-up called Cinezen Blockchained Entertainment was established with the intention of revolutionizing the current approach to movie distribution
They think that blockchain technologies can dramatically increase the amount of content that is available to viewers worldwide, bring much-needed transparency and accountability to the process of distributing films and content, and open up new avenues for rights holders to expand their audiences and monetize their collections
None of these articles constitutes financial advice. Articles are highly summarised to make it easy for the reader and save your time, so please DYOR further before putting your hard-earned money into any product mentioned.
Please note that the tech industry evolves rapidly and the info in this article is correct at the time of publishing. As Heraclitus said, “Change is the only constant,” so if anything sounds old or off, please holler on the socials or comment here so everyone stays peeled.
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