Their idea is quite investing in my opinion. Really good results, sensible logo!  Good luck team!

They are establishing this project very well devs are doing wonderful job which attracting a lot of new people to invest in it. I think in future this will be great project and we will see it on the top of the market.

Thanks for the support, come check us out on the Telegram Group if you have any questions!

 

"The MovieCoin financing platform will tokenize the movies and television programs using BANKEX’s Proof-of-Asset Protocol, smart assets and smart asset assembly. The platform will provide financiers and other parties with an immutable, transparent ledger of all of the expenditures, receipts, entitlements and ownership of each project funded by the MovieCoin platform."

- https://blog.bankex.org/tokenizing-the-film-industry-with-the-help-of-bankex-technology-683edc2873cb

Great thanks for your support, Aaron! 

Here are the problems that were described in MovieCoin's Whitepaper:

The problem is that Hollywood is controlled by studios, networks and their corporate affiliates and movie investments are unavailable or unattractive to common investors.
Current system has several problems:
• Friction problem:  the industry has an abundance of platforms, aggregators, royalty collection services, agents, and other gatekeepers and intermediaries that collect money from consumers, deduct fees & expenses and delay payment to the proper channels. Stakeholders looking to verify the accuracy of their payments are subject to substantial audit fees.
• Access problem: the vast majority of the most desirable content is produced and distributed through an entrenched global system that is dominated by a handful of companies and a few privileged insiders who are able to participate in the financing of that content.
• Transparency problem: “Hollywood Accounting” obscures the true performance of entertainment assets. While a film’s box office is public, this one number represents only a single frame of a movie’s performance.
• Liquidity problem: there is typically no secondary market for a financier’s participation. The ability to sell an interest would require reliable information supplied in a timely manor.

Learn about Ethereum tokens standards with Bankex: https://steemit.com/bankex/@bankex/token-standards

Thanks for your support!

For any questions about the project, please join our telegram channel here: https://t.me/BANKEX

​​BANKEX Foundation Web3swift Library is at the top of the GitHub chart

This is the time when we can all agree that the Foundation Team is our Falcon Heavy.

Should we just rename them?

BANKEX Foundation Web3swift:
https://github.com/BANKEX/web3swift