A scripted TV series that's about crypto — and funded by it — is in development at Beacon Pictures, the independent production company behind “Bring It On”, and popular ABC drama “Castle.” According to Deadline Hollywood, the 10 part TV crypto-comedy series “Hold on for Dear Life” — a reference of sort to the slang term 'Hodl' — aims for principal photography to shoot in Puerto Rico from August. The show, which was created by anonymous crypto insider calling themselves ‘Suhh Toshee’, will look to reflect the lives of crypto entrepreneurs, and hopefully be funded by them. Beacon CEO Mark …

With an explosion of video streaming as a result of the COVID-19 pandemic and now around $40 billion locked into decentralized finance protocols, it’s time for decentralized finance and the film industry to meet. Film financing is a cumbersome and inefficient system. Investors are the first to put their money in but last to see any return. There is no transparency into how funds are being used during production or how profits are allocated after distribution. Investment decisions are generally based on very little data about what people actually want to watch, so the chances of a film’s success are …

Major Cineplex Group, the largest operator of movie theaters in Thailand, has reportedly enabled some of its customers to buy tickets with cryptocurrencies like Bitcoin (BTC). According to a Thursday report by local news agency Siam Rath, Major Cineplex has announced the launch of its cryptocurrency payment pilot project in a move to support innovation and new technologies. In order to unlock the new payment option, the company has partnered with local crypto exchange Zipmex and lo digital payment startup RapidZ. Major Cineplex debuted the new feature at Bangkok’s Major Cineplex Ratchayothin movie theater on March 4, allowing customers to …

Silk Road founder Ross Ulbricht’s story is coming to the silver screen in 2021 following an announcement from major entertainment company Lionsgate. According to Deadline, Lionsgate has acquired the rights to the Silk Road movie and plans to release the feature in theaters and online starting on Feb. 19. The film will reportedly be based on the 2014 Rolling Stone article Dead End on Silk Road, focusing on the lead up to Ulbricht’s arrest as the founder of the darknet marketplace. Nick Robinson, the 25-year-old American actor from Jurassic World, will portray Ulbricht, who is now 36 and serving two …

Bitcoin SV benefactor Calvin Ayre has announced he’s funding a documentary centered around the life and times of Craig Wright, the Australian man who claims to have invented Bitcoin. According to an Aug. 12 tweet from Ayre, the billionaire BSV backer and nChain board member has already given the go ahead to filming and provided an ‘in-production’ still. Ayre said he has hired a documentary film crew from London and they will “dig through everything” regarding Wright’s claim to be Satoshi Nakamoto. Reaction to the news was typically divided between BSV supporters like Neil Gallacher who said, “the more exposure …

Stampede Ventures — a production company owned by ex-Warner Bros. president Greg Silverman — has partnered with Cameron and Tyler Winkelvoss to produce a movie featuring the brothers’ story as portrayed in the best-selling book Bitcoin Billionaires. According to the report published on Deadline, Silverman will be co-producing the movie along with Jon Berg, known for his work with superhero blockbusters such as Wonder Woman and Aquaman. Bitcoin Billionaires was written by the American author Ben Mezrich in 2019 after the Winklevoss twins became crypto billionaires. The Winklevoss story The Winklevoss brothers came into the limelight following Mezrich’s other best-selling …

The Litecoin Foundation acted as an executive producer for the heavy metal horror flick "We Summon the Darkness." The film was produced by the Los Angeles-based film production company and Litecoin advocates Common Enemy and was released digitally on April 10. Litecoin Foundation among executive producers for comedy-horror film On April 13, the Litecoin Foundation shared the trailer for a satanic heavy metal-themed comedic horror movie for which it acted as executive producer. The foundation’s logo can be seen in the trailer’s opening credits. We Summon the Darkness stars Alexandra Daddario and Amy Forsyth, and also features an appearance from …

Alibaba Group’s movie-making arm Alibaba Pictures reportedly plans to tokenize distribution rights for its new film "Striding into the Wind,” Chinese English-language publication China.org.cn reports on Nov. 22. The company has purportedly signed an agreement with New York-based decentralized entertainment platform Breaker, formerly known as SingularDTV, to distribute the film overseas using its blockchain platform. Li Jie, senior vice president of Alibaba Pictures and CEO of Alibaba's ticketing app Taopiaopiao, reportedly announced the news during the China Golden Rooster & Hundred Flowers Film Festival on Nov. 20. New film will be released on SingularDTV's Ethereum-based EtherVision The executive noted that …

TZERO, the cryptocurrency wing of American retail giant Overstock, will tokenize forthcoming motion picture “Atari: Fistful of Quarters,” according to a press release published on July 9. Per the release, tZERO has partnered with the upcoming movie’s producers to develop a token dubbed “Bushnell,” which will be sold by the film production and financing company Vision Tree. Token owners will purportedly get shares of movie earnings, and receive additional benefits, including the ability to vote on the movie’s trailer and make a point of choosing the movie cast. The upcoming movie is a biopic about Nolan Bushnell, an American businessman …

A Brazilian state-owned bank is reportedly funding a documentary film through its own ether-based stablecoin, Cointelegraph Brazil reports on June 3. Brazil’s National Bank for Economic and Social Development (BNDES) will finance the production of a documentary in collaboration with local cinema producer Elo Company, whose movie “The Boy and the World” by Alê Abreu was nominated for an Oscar in 2016. According to the report, the funding for the project will be carried out through the national bank’s own cryptocurrency, BNDES token, a Brazilian real (BRL)-backed stablecoin that has been under development since 2018. BNDES’ stablecoin has reportedly had …

Edward Zuckerman is a journalist and an Emmy-winning television writer. The best news for crypto enthusiasts about the movie “Crypto” is that “Crypto” has very little to do with crypto. It is mainly concerned with Russian mafiosi, money laundering and a main character who plods through the heavy plot with the affect of a depressed zombie. Cryptocurrencies do make three appearances in the movie: 1. It is revealed that a major bank, because (one character explains) such banks are terrified of being made irrelevant by cryptocurrencies, is secretly buying crypto in order to drive the price up, on the theory …

Austrian startup Qravity has developed a payment method that aims to help digital entertainment producers and creatives receive royalties for their work, and improve creative collaboration and content distribution. David Brandstaetter, the CEO and founder of Qravity, explains how it works: “Using Qravity, creatives work for project stakes. Once their project is complete, the movie, video game or other digital media they helped create goes directly to market. Then, if, say, a scriptwriter has a 30 percent stake in a movie they wrote, they receive 30 percent of the revenue every time someone buys or rents that film.” Measuring talent …