VANCOUVER, British Columbia, July 30, 2018 /PRNewswire/ -- MovieCoin, a leading next-generation financial technology company that is leveraging blockchain technology and cryptographic tokens to revolutionize the film and entertainment industry, today announced that it is preparing for the launch of Movie.io, a first-of-its kind, online, mobile-friendly portal designed to create more engaging experiences for film fans. The portal will be available for usage beginning this Fall.
Approximately 250 million individuals across the world purchase more than one billion tickets to attend movies each year. This number continues to grow even as new distribution models emerge. For example, while certain social media channels are available to convene and events such as fan meet-ups and film festivals currently exist, they are limited in number and often expensive and inconvenient for most people to attend. In response to the growing needs for an online space that encourages greater engagement, MovieCoin's Movie.io portal will provide fans, directors, actors and crew members with an economical and dedicated venue that democratizes their ability to engage, gather, share, learn and play.
"The power of cinema to transform and connect people eclipses all other art forms," said Christopher Woodrow, Chairman and CEO of MovieCoin. "Through our Movie.io portal, we are connecting those whom share a love of movies with like-minded movie-watchers and the professionals behind the films they love. Our new platform will revolutionize the ways in which film fans experience and engage with their favorite movies. It's a major win for the industry overall and will no doubt create the ultimate interactive experience."
Movie.io will provide fans with access to a broad array of features via the MovieCoin platform, including:
Efficient Purchasing with Moviecoin Tokens: Movie.io has created a new economy based on the proprietary Moviecoin Token which will allow users to purchase premium services including, but not limited to, movie tickets, cinema gifts cards and on-demand video;
Discounted Movie Tickets: A one-of-a-kind ticket program for MovieCoin's community that will be underpinned by strategic partnerships with major theater chains. MovieCoin intends to purchase upwards of one million tickets globally over the next three years which will provide fans from all over the world with unprecedented discounts and access to films they want to see;
Contests, Private Events & Unique Shopping and Memorabilia Auctions: Fans can enter contests to pick award winners, guess box office successes, suggest alternative movie posters and best alternate endings to name a few. Users will also be able to challenge each other and their friends on movie-related knowledge via select social media platforms. Prizes will include exclusive local pre-opening screenings and celebrity red carpet premieres. Fans will also have access to unique online and offline events where they can interact and engage with the cast and crew from their favorite films and will have the ability to purchase and bid on authentic, limited-edition film memorabilia exclusively available on Movie.io;
Exclusive Forums & Behind-the-Scenes Access: Unprecedented access to sneak peaks behind the camera, rare content from the editing room and opportunities to visit movie sets and meet the cast. Fans will also be able to connect with filmmakers and celebrities via live chats to discuss movies;
Customized Recommendations and Search Engines: Users will have the ability to create "must-watch" lists based on their interests and activities and will be able to share their favorite movies via tailored "playlists." Fans will also have access to tools that will enable them to search for venues where they can screen films they may want to watch on platforms such as Amazon, Apple, HBOGo, Netflix and YouTube amongst others;
Film Database & User Reviews: A dedicated resource that enables MovieCoin members to look up facts and figures on their favorite movies. Users can write reviews to be commented on by the MovieCoin community. The highest rated reviewers will earn a greater number of Moviecoin tokens, which can be used to purchase premium services offered by MovieCoin.
MovieCoin is a next-generation financial technology company focused on leveraging blockchain technology, proprietary applications and cryptographic tokens to become the leading entertainment transaction platform for businesses and consumers and the standard currency for funding motion pictures, television and other media. The Company has operations spanning content finance and production, business and consumer services and technology development and licensing. MovieCoin's content finance and production businesses offer programmatic ownership of filmed entertainment assets to financial investors seeking institutionalized exposure to premium content, while the technological development of its digital assets platform utilizes cryptographic tokens to provide businesses with innovative solutions to streamline operations and entertainment enthusiasts with unique and more engaging ways to participate in the movie experience. The Company has offices in Vancouver, British Columbia and Los Angeles, California.
Prosek Partners on behalf of MovieCoin
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