CryptoWatch: Here’s your chance to invest in the next Hollywood blockbuster—using crypto

Ever wanted to be part of the next box-office hit? One Hollywood producer is trying to make that possible, using digital currencies and blockchain technology.

Christopher Woodrow, who produced Oscar-winning films Hacksaw Ridge and Birdman plans to fund major motion pictures with digital currencies—and you can be part of it.

“Most individual investors have no opportunity to participate in the performance of studio-released product other than by buying shares in a studio’s parent company,” said MovieCoin, Woodrow’s company, in its draft white paper.

MovieCoin plans to sell $250 million worth of MovieCoin Smart Fund Tokens in its initial coin offering, and over the next three years plans to raise $1 billion, which will help finance 10 to 12 movies a year.

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