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Kurt Russell Is Going to Be in a Cryptocurrency Movie

Hollywood star Kurt Russell is one of a number of performers set to star in an upcoming indie film about cryptocurrencies.

The film, entitled Crypto, will feature Russell as well as Alexis Bledel, Jeremie Harris and Luke Hemsworth, among others. The Hollywood Reporter notes that the film focuses on a young anti-money laundering agent, played by Beau Knapp, who returns to his hometown in New York to investigate a case of corruption and fraud. Russell is playing the father of Knapp’s character, according to press materials.

Crypto‘s produces are calling it “a thriller in the vein of The Firm and The Girl With the Dragon Tattoo” – but with a decidedly cryptocurrency-focused twist. The film was written by Carlyle Eubank and David Frigerio.

“Cryptocurrency has captured the attention and imagination of consumers and entrepreneurs all over the world but has never been explored in film in such a nuanced and exciting way,” Jordan Yale Levine, one of the producers for Crypto, was quoted as saying.

The independent film is currently shooting in New York with a release date not yet announced.

Cryptoreported may be one of the most high-profile films to date to center on the world of cryptocurrencies. Last year, it was that the Coen brothers – the filmmakers behind movies like The Big Lebowski and No Country For Old Men – were working on a movie about the Silk Road, the now-defunct dark market that used bitcoin as its central currency.

Yet Crypto is far from the first movie to hone in on a cryptocurrency theme. One of the more notable – and, at the same time, unusual – forays in this area was Bitcoin Heist, a Vietnamese movie that involved an international, high-stakes manhunt.

Kurt Russell photo via Shutterstock

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Hollywood Actors Set to Star in Crypto-Themed Blockbuster

Hollywood will shoot and release its first movie centered on cryptocurrency this year, industry media report today, June 15.

According to the Hollywood Reporter, ‘Crypto’ will focus on laundering of virtual assets and see star roles from the cast of popular US series including Westworld and Mad Men.

The lead roles will be played by Beau Knapp of Netflix’s Seven Seconds, as well as Alexis Bledel of Gilmore Girls fame.

“Cryptocurrency has captured the attention and imagination of consumers and entrepreneurs all over the world but has never been explored in film in such a nuanced and exciting way,” co-producer Jordan Levine told the publication.

Set in upstate New York, the indie “thriller” will tell the story of how an anti-money laundering agent uncovers a network of fraud and corruption in a small town.

Bledel will play the source of the corrupt activities, in the form of a “mysterious art dealer.”

Director John Stalberg Jr. meanwhile was upbeat about the project, calling its subject matter “timely.”

“I am overjoyed to be working with such an incredible cast to bring this timely, thrilling story to life,” he told the Reporter.

The cryptocurrency industry has until now seen representation in movie productions closer to home, in the form of documentaries such as ‘The Rise And Rise Of Bitcoin’ and ‘Bitcoin: The End of Money As We Know It,’ an earlier release from 2014 which raised money via Kickstarter.

Earlier this week, the topic of art and cryptocurrency curiously crossed paths outside entertainment, when Terence Eden criticized blockchain startup Verisart for allowing him to give the impression he had painted the Mona Lisa.

Bitcoin core developer Peter Todd subsequently defended the company, saying Eden had “misunderstood” its premise.

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Blockchain Media Company Acquires the Beyond Bitcoin Documentary at Cannes Film Festival

Blockchain media company Slate Entertainment Group revealed its ‘seven figure deal’ on acquiring rights for a documentary about blockchain during the Cannes film festival, company representatives reported to Cointelegraph.

A new lead to the movie business

Slate intends to broadcast the documentary Beyond Bitcoin via its blockchain based online streaming platform Binge. The decentralized Binge platform provides low-cost, high-speed, high-definition media access for consumers worldwide, says the text of the press release.

During the Cannes festival in May 2018, Slate appeared at the center of the buzz surrounding blockchain technology and its potential to alter the entertainment industry. In Cannes, Slate announced their newly formed partnership with Sitges International Fantastic Film Festival (Sitges), where Sitges will adopt its digital ticketing platform, Slatix, powered by the cryptocurrency SLATE SLX, for the purchase of tickets and festival passes.

“This will mark the first time in industry history that a film festival will accept cryptocurrency as well as traditional forms of payment”, says the Slate press release.

Slatix is a blockchain-based, low-cost tokenized ticketing system that aims to provide benefits to consumers based on their loyalty. According to the press release, small and medium sized enterprises can benefit from Slatix’s low setup and operating costs, while the user-friendly app is intended to simplify DIY ticket distribution and redemption.

Listings and token sale

Based in Toronto and Los Angeles, the Slate Entertainment Group has launched several media platforms on its own blockchain, including Binge and Slatix.

Slate has launched its presale in May 2018. The public token presale will remain open until June 9, 2018. So far, the Slate team has overpassed its soft cap goal, having raised over $20 mln. The current discount is 45 percent and bonus is 3 percent.

As the Slate team reported to Cointelegraph, Hong Kong based HitBTC, one of the top 10 cryptocurrency exchanges in the world, will be listing SLX on its exchange.  HitBTC will host SLX with trading pairs against Bitcoin (BTC) and Tether (USDT).

“Slate Entertainment Group is especially pleased to announce the agreement during the presale as it assures buyers that they will be able to trade SLX on the open market. The listing on a major exchange will also expand SLX’s exposure to new markets and increase distribution after the initial sale” says the press release.

Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor this article can be considered as an investment advice.

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New Blockchain-based Platform Pays For Watching Videos and Provides Advanced Metrics For Filmmakers

Being paid for what a person would do for free is normally considered as the ideal employment in most climes. But being paid for what you would do for fun completely takes employment to another level. What about being able to achieve a dream that would naturally have cost a huge amount of money at almost no cost and not depending on favors from acclaimed stakeholders within the field of endeavor?

The above-mentioned scenarios represent the developing trend and promise of Blockchain powered CinemaWell.com to the filmmaking industry which is undergoing significant revolution at the moment.

An industry under expansion

The influx of independent filmmakers into the filmmaking industry has been encouraged by the drop in price of equipment for shooting, producing, and editing films. Hence, filmmaking is not just for big production companies anymore. In 2017 alone, over 6.4 mln viewers enjoyed almost 70,000 independent films. Traditional cinemas cannot possibly grow to support the exploding volume of independent films being created worldwide.

Every year there are approximately 6,000 film festivals worldwide, with participation of over 100,000 film directors. With so many films being made, only a small percentage ever reach the big screen of the cinema. Only a maximum of 100 films from a festival will ever even reach the rental market. Even large film companies are not able to show their movies physically in the cinema. Film companies and individual independent filmmakers must spend huge amounts to market their films because without advertisement cinemas will never show those movies. The result is that many quality films never make it to the movie screens. This is a lost opportunity for both filmmakers and audiences.

Innovation eliminates intermediaries

The combination of more affordable equipment and a decentralized technology serve as an enabling setup for both filmmakers and audiences. These filmmakers now find the opportunity to make their work visible to global audiences who now enjoy the luxury of unrestricted access to unlimited products at no cost.

The closest that filmmakers have come to sharing their content with global audiences have been through online platforms like YouTube. This boycotts the hassle of going through the tedious screening processes and costly marketing and publishing packages of large established studios. However, the benefits offered by YouTube and other similar platforms fall short of the offerings by CinemaWell.com powered by Blockchain technology.

Win-win for everyone

CinemaWell.com provides a much more user-friendly platform with far superior functionality. When movies are viewed on YouTube, one of the most available metrics is just number of views. CinemaWell.com offers much more valuable marketing data. Filmmakers will see all members of the viewing audience, will get feedback about the film and will be able to save these users information for inviting them to view future films as well. This will be a convenient tool for growing the filmmakers’ business, as they can analyze audience, obtain feedback from them, and invite to view future films as well. Now everyone can open his/her own cinema and sell tickets to videos.

Beyond the direct and sustainable relationship between filmmakers and their audiences, the CinemaWell.com platform enables a symbiotic relationship for both film creators and their audiences. For filmmakers, the tool will enable films and other content (sporting events, business training, online theatrical plays, etc)  to be shared with viewers worldwide. CinemaWell.com will also have benefits for moviegoers. First, of course, a whole new world of entertainment will be open to viewers. In addition to the obvious viewing pleasure, users will be paid for viewing films using the platforms underlying cryptocurrency, ApplauseCash (APLC) and used only inside the product.

Enhancing social networking

The CinemaWell.com platform goes beyond cash rewards by offering its users the opportunity to connect with other viewers across the globe. This is possible through the platform’s Internet Video Co-Viewing (IVCV), a new way of distributing video, which allows an unlimited number of online users to gather together and view the same video content in one virtual theater at the same time. This fosters an entirely new social network with unlimited potentials in today’s digital world.

Indeed, Blockchain technology is introducing humankind to a world of several new possibilities. Who could have assumed a filmmaking industry with so much fun and opportunities packed in one place at almost no cost.

The CinemaWell.com project kicks off its opportunity to the general public through its APLC token sale during pre-ICO (Jan. 18-24, 2018) and ICO period (Feb. 1-28, 2018). Based on the platform’s smart contract, tokens will be distributed next day after the end of the token sale (March 1, 2018). Payment for content and any action in CinemaWell.com APLC tokens in CinemaWell.com platform will be possible when version two of the Alpha Platform will be released in late April 2018.

Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor this article can be considered as an investment advice.