MovieCoin, which describes itself as “a next-generation financial technology company … [that] leverages blockchain technology, digital assets and proprietary applications” for the media and entertainment industry, has just launched its public presale. The presale, with a hard cap of 10,000 Bitcoin (BTC), follows a private presale that reached its soft cap of 2,000 BTC. The company will accept Ethereum (ETH), Bitcoin and Bankex (BKX) tokens during this public presale period. The minimum commitment is 5 BTC or equivalent. Continue reading MovieCoin’s Public Presale For Blockchain-Based Technology

Producer Christopher Woodrow (“Birdman,” “Black Mass,” “Hacksaw Ridge”) is about to launch MovieCoin, his own blockchain token, based on his certainty that the cryptocurrency will revolutionize filmmaking. Monies raised in the initial coin offering (ICO) in Q1 2018 will be used to produce a slate of films. Investors, says Woodrow, will benefit because the tokens, which can be traded, will appreciate as the film succeeds. He is currently developing projects that will include top movie stars, directors and producers. Continue reading Hollywood Producer Plans Initial Coin Offering to Fund Films

Virtual reality content creator Jaunt has partnered with longtime movie sound experts at Dolby to improve the audio in immersive experiences. Audio is a crucial part of making VR feel more like reality, and the Dolby Atmos system will allow Jaunt to specifically target sounds so that they seem as if they are coming from a very specific location. The new technology is expected to improve VR storytelling since content creators would be able to use sound to redirect a user’s attention. Continue reading Dolby and Jaunt Bring Atmos Surround Sound to Virtual Reality