How movies can be funded make use of Crowdfunding?

How movies can be funded make use of Crowdfunding

Crowdfunding is one of the fastest-growing online industries. Crowdfunding is when individuals or startups use an online platform to gain funding for a project. Globally Crowdfunding industry raised 16.2 billion USD in 2015 and is projected to grow to 96 billion by 2025. Generally speaking, there are four kinds of crowdfunding sites although some include more than one type of crowdfunding first debt-based sites.

These are where contributors receive interest payments in exchange for their contributions. 

Next is Equity-Based sites where contributors receive shares in exchange for their contribution. The third is reward-based platforms where contributors are promised rewards in exchange for their support like first priority access to the product once it goes live. 

Lastly, Donation Based platforms where donations are charitable and usually tax-deductible. 

But there are 2 major models or types of crowdfunding:

  • Donation-based funding, in which donors donate the full amount of a new project. The promised return is usually a product or service that will be enhanced by the revenue generated by the fundraising campaign. For projects that provide its main non-donor beneficiary, it may be another benefit or reward for sponsors.
  • Investment Crowdfunding, in which businesses seeking capital funds sell ownership and participate online in the form of equity or debt. In this model, financiers become owners or shareholders and have the opportunity to receive a cash refund, unlike the donation model. This happened when Title II of the Labor Law came into effect in September 2013 for authorized investors. Nonprofits are generally unable to use equity markets.

 

Want to know how can you get your movie crowdfunded? 

Even if your film idea is mindblowing and captivating but you are not able to pitch the investor just because you are not able to sell it to him. Everything goes in vain. 

Moviebiz coin is dedicated to helping independent filmmakers with unique, compelling, and powerful stories or films that make a contribution to society, get their films funded and, create a marketplace where content is showcased instantly to a trusted global community of buyers. 

That is why Moviebiz. funds are for you. Once your ideas are whitelisted on our platform, your projects will then be presented to Moviebiz Coin holders, who will invest in them, relieving you of the daunting task of getting your ideas funded. 

This platform is curated to provide Crowdfunding to Independent Filmmakers.  

 

Want to know the Series of changes Initiated by Moviebiz Coin in the Film Industry? 

 

Through Moviebiz.Funds You can get your Movie Crowdfunded with ease. 

Using blockchain technology, MovieBizCoin provides investors, actors, and directors access to fundraising for movies in the most decentralized way. Being a freelance filmmaker, your record before making any movie might be a boost. With the launch of MovieBizCoin, aspiring Directors, Producers, or Actors now have the platform to make inspiring movies and, more importantly, create jobs that will grow within the industry. The MovieBizCoin ecosystem is powered by a $ MBZ token that enables the project to offer many applications. The $ MBZ is an ERC20 token built into Ethereum and designed by Polygon & Binance Smart Chain with the proposed Solana & Avalanche bridge and 2 other layer solutions. A multi-chain token is a scale that has a wide range of cases for use within the ecosystem. Utilizing all available resources, MovieBizCoin is dedicated to helping filmmakers, and independent investors create a secure, fair, and transparent environment backed by blockchain technology.

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