Fremantle and Bron-backed prodcuer The Immigrant and Cosabona Films have financed their comedy-documentary Bull Run in lower than 24 hours by providing digital tokens to non-public buyers.
Appropriately, the movie sees director Ana Ramon Rubio delve deep into the inhospitable world of cryptocurrencies to research if this new know-how can revolutionize the monetary system endlessly, or not. It additionally takes in market cycles, and hypothesis by means of meme-coins corresponding to Dogecoin or Shiba, alongside the sociological implications of adopting this new know-how, highlighting each the constructive and damaging penalties.
The price range for the film was raised through tokenization utilizing blockchain know-how, with personal buyers shopping for out the tokens in lower than 24 hours, totally financing the venture.
“To simplify a fancy course of, let’s imagine that the customers who’ve invested in it purchase tokens that, by means of sensible contracts, entitle them to obtain a part of the income from the movie. On this method, Bull Run belongs to these folks, they really feel a part of it,” defined Javier Celorrio, Carlos Celorrio and Miguel Caballero, who dealt with the token increase.
That is the second featue from Ramon Rubio, who received Greatest Documentary for her debut 3on the Arizona Worldwide Movie Competition.
