Topic: [ANN] MOVI - MOVITOKEN - For the Indie Film Community - page 2. (Read 1084 times)

Yes the basic use of the token is for any producer or talent to pay or accept payment in MoviToken, if the production doesn't have the cash to pay. It's for anyone who is involved in filmmaking!

I believe all the independent movie production will be happy to have this project.
This way they'll get a funding to keep creating a high quality movie without being worried about the fund that needed.

very good explanation and detail. but in which countries will this token apply? if all countries can use this token I think it will not be tough token movi will have a good price. but if only a few can use this, then the price movement will also tend to long

so movitoken is a place where producer can make a movie by paying talent and crew with movitoken and low fee? does movitoken also open up opportunities for new producer, or new talent to make a movie? or just for someone who is experienced or professional only? hopefully this project will be successful and run smoothly.

I have not seen a project regarding film community actually :)I am excited about this one

Whitepaper is available on the website. Bottom of page.

Interesting concept although the whitebook is not published or I do not see it on the website, it would be interesting that as soon as you can publish it to know your plans and ideas

This is one of the best project with strong team.i wish u success.If i purchase coin today when should i be expecting it in my personal wallet

I see your project is still quite new and hope it will develope strongly in the future. If I have a chance, I will be a part of your community

If by "investor" you mean a day trader in the crypto markets, one can trade based off the buys or sells.

If by "investor" you mean a person or firm investing in a project that uses MoviToken, that could cross the line into securities and might require legal review.

Please keep in mind that hodling MoviToken does not grant anyone a stake or share in the profits of any film that uses MoviToken. Traders only make their trades based off the market.

A person who holds say 10,000,000 MoviToken can make an individual deal with a filmmaker for investing in the filmmaker's movie.


***PLEASE BE AWARE THAT THE FOLLOWING IS JUST ONE EXAMPLE AND THIS EXAMPLE COULD SUBJECT THE PARTIES INVOLVED TO SECURITIES LAW REQUIREMENTS. IT IS A GOOD IDEA GET LEGAL ADVICE BEFORE MAKING/REQUESTING THIS TYPE OF INVESTMENT FIAT OR CRYPTO IN ANY PROJECT***

EXAMPLE:

Market example: MoviToken value $0.02
10,000,000 MOVI value $200,000

Filmmaker: I have a great script, but no money
Investor: I have 10,000,000 MoviTokens
Filmmaker: I'll give you 50% of the profits if you invest 2,000,000 MOVI (or $40,000).
Investor: Sounds like a deal


At this point, there are several options the filmmaker has.

1. Pay everyone in MoviTokens that the investor provides.
2. Use MoviToken as collateral on crypto-lending platform to get ETH or cash and pay everyone with fiat. Eventually, AirSwap and/or Bancor could be available to swap for ETH as well.



Movie gets made and sold to a distributor or film buyer for $150,000.

Here's the simple math.

$150,000
-$75,000 to investor for 50% profit share
-$40,000 to repay MoviToken investment
________

Investor gets: $115,000 = 187% Return on Investment
Filmmaker gets: $35,000 = started with nothing, now has $35,000 and can now buy their own MoviTokens if they wanted to

What if the movie only sells for $50,000?

$50,000
-$40,000 to repay MoviToken investment
-$5,000 to investor for 50% profits share
________

Investor gets: $45,000 = 12% Return on Investment
Filmmaker gets: $5,000 = better than nothing


DISCLAIMER:
The above examples do not account for any taxes, fees, etc. They are simple examples of how a MoviToken investment could work in a VERY simplified way. Consult your own accountants and legal teams before making any investment in anything in life. I cannot provide you with legal advice or accounting/investment advice.

That would be great! Looking forward to your review!

Absolutely! As the number of filmmakers who use MoviToken rises, the more the MoviToken "economy" grows, beneficial for all!

What is the benefit for the investor?

This is probably the next project I'll have to review for my blog visitors

it is absolutely certain that this project will get a substantial funding contribution

The idea behind this project is so briliant. If it will gain success, more film makers will benefit from it as well as we as investors.

Added this new slide to the pitch deck above! The basic utilization of MoviToken.

I will be adding some concept maps soon. MoviToken is a very versatile token and can be utilized in many ways. It's important to shed some light on the most important uses.

Stay Tuned.

MoviToken.com
facebook.com/movitoken
twitter.com/movitoken
idex.market/eth/movi
forkdelta.github.io/#!/trade/MOVI-ETH

If you'd like to participate in the bounty campaign visit the bounty thread here >>> https://bitcointalksearch.org/topic/closed-bounty-movitoken-5000000-bounty-rewardpowered-by-ethereum-3279418

Your support is greatly appreciated! Just to clarify, MoviToken is not associated in any way with Freestyle Systems or their MöVI camera rig. MoviToken is a community currency that enables filmmakers and producers by functioning as an alternative payment method where cash is limited or non-existent.

MoviToken is indeed a great project that will benefit all who adopt its use.