Series of change Initiated by Moviebiz Coin in Film Industry?
Before we proceed with revolutionizing cinema by Moviebiz Coin. Let us discuss what is the current state of our entertainment companies.
Independent filmmakers face a great deal of difficulty in getting funding that is actually required for the creation of the film and its promotion.
Why you must be wondering?
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. Filmmakers must be a salesman to achieve and gain the trust of the investor. He needs extreme convincing skills to do so because in most cases a filmmaker can not guarantee a return on the investment leaving it to the investor to take risks.
The secondary is even if you manage to pitch an Investor. You are most of the time working on a shoestring budget. As many products get lucky when they raise their proposed budget, there is usually nothing left when you reach the end of the product. Unlike Hollywood films where you can rely on additional sponsorship from the sale of distribution rights, marketing, product placement or even having a wing on the wing that gives you bridge support in the event of cost overruns, indie filmmakers do not have those options.
If you have enough resources to make a short film on your own, or with a little volunteer help, then put this online. Getting enough feedback will encourage others to support your next attempt.
If you can make a short film winning a festival prize, that is a good start. There are thousands of film festivals, and the winner will advertise to others. It is common for a film to be screened at many festivals.
The real question is whether making an independent film is a work of love or aimed at boxing success.
Most movies that are made do not include production costs. Some are simply designed to explore ideas, new techniques, real styles, etc.
It takes about as much time and effort to raise money as it does to make the film, if not more.
This is not the only issue related when it comes to the entertainment sector.
Films are currently financed in three ways — debt financing by way of loans, equity investments, and capital raised by selling rights to distribute and commercially exploit the film. Films are about luck and chance — and of course, the audiences. Finance is critical, and new funding options have emerged in the past few years.
Moviebiz Coin is changing everything. MovieBiz Coin is a crypto project dedicated to helping independent filmmakers access their films financially. The project has improved the marketplace where the content is displayed in the global consumer community. In addition, the MBZ token will be used for voting and giving artists tips, as well as the curve as a key motivator in-app marketing and as a reward for the chosen talent.
With a vision of creating movies that will inspire, MBZ’s long-term goal is to become a global catalyst bringing projects to completion and providing a platform for those interested in getting involved in the financial aspect of our projects that would normally never have such an opportunity.
How is Moviebiz coin changing this scenario?
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.
Till now filmmakers have suffered a lot but everything is about to change. MovieBiz Coin is a Digital Revolution in the entertainment industry.
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.
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