First Ethereum-Financed Independent Film Uses Smart Contracts 

While there are several Ethereum projects currently being created, The Pitts Family Circus is the first attempt at an Ethereum financed movie, which eventually will share the profit of the films production with investing Ethereum holders via Smart Contracts on the Ethereum Blockchain.

With only 666 limited shares available, the shares are 10 ETH each, but there is also the possibility to buy fractional parts of a full share. Token holders can invest in the crowd-sale via an Ethereum smart contract and they will receive a Ethereum based ROI for the next 20 years.

Source: First Ethereum-Financed Independent Film Uses Smart Contracts – Blockchain News

Advertisements

Author: Paul Sweeting

Paul Sweeting is the founder and principal of Concurrent Media Strategies, LLC and editor of RightsTech.com

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s