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London, UK – (Newsfile Corp. – December 29, 2021) – Darkhorse Technologies Ltd (“Black Horse“) announces (following its press release of November 22, 2021) the launch of Darkhorse Film Studios, a pioneering new digital platform for film and television independently funded by the digital currency, FilmCoin (“FilmCoin“).
Darkhorse, through its newly formed subsidiary Darkhorse Films Ltd. (“Dark Horse Movies“), of which Darkhorse owns 50%, will operate film and television content production, digital e-commerce platforms, the NFT marketplace, tokenomics, distribution and payment channels from the first film production, Tales From The Trap in January 2022.
At 08:00 GMT on 01st January 2022, FilmCoin will offer up to 90,000,000 utility tokens in general sale (the “Public presale“) for: £ 0.32 GBP ($ 0.42) per utility token (“TokensThe sale of Tokens by FilmCoin will finance the production of digital film and television content on Darkhorse Films’ digital platforms. Darkhorse does not have any ownership interest in FilmCoin.
Empower filmmakers and fans around the world: FilmCoin is the first Dex Initial Offering (IDO) of its kind in the world. FilmCoin is a blockchain-based film creation and television production cryptocurrency that unites the film and television industry with the world of digital assets, including blockchain, cryptocurrency, non-fungible tokens, and decentralized finance.
FilmCoin aims to challenge the current status quo of the film industry. The big Hollywood studios have historically dominated large-scale productions; FilmCoin has created a new and attractive way to fund movies. Specifically designed for fair and accurate funding throughout the various stages of the film and television production cycles, FilmCoin streamlines the process, “smartly cutting the fat” to maximize profit potential. Revenue collection and dissemination is instantaneous, benefiting both industry professionals and token holders with blockchain security and full financial and business transparency.
Token holders will have the ability to effortlessly buy, sell, trade and trade FilmCoin tokens and take advantage of the e-commerce platform, digital marketplace and a proprietary NFT platform. . Additional perks include exclusive VIP competitions and airdrops on token holders’ digital wallets, including exciting opportunities to secure memorabilia, meet movie stars, or even appear in a film production.
FilmCoin Advocates and Senior Executives Include Highly Acclaimed Actor and Producer Sponge Stone (Rise Of The Footsoldier, Rollin With The Nines, Anuvahood), social media influencer and music artist, ImJustBait and Danish Chaudhry; co-founder of Bitcoin.com Exchange and current CEO of centralized cryptocurrency exchange FMFW.io. (Mr. Chaudhry is also a director of Darkhorse). Thanks to his in-depth knowledge of the film industry, Courtenay-Semel; Executive producer and daughter of former Warner Bros. US CEO Terry Semel will lead FilmCoin in the United States.
Terry Pierre,noted, “FilmCoin’s immediate goal is to be the industry’s disruptive cryptocurrency of choice and to empower filmmakers and fans alike. We aim to give creators around the world control over their own income rights, rewards and royalties with unfettered financial transparency. “
Courtenay Semel, commented, “I am extremely excited to be working alongside Terry and the entire FilmCoin team, I believe the film industry has no choice but to fully embrace blockchain technology and digital currencies, FilmCoin will change the way whose films are funded and monetized globally. Facebook has already invested heavily in the metaverse, growing at a timely rate, FilmCoin is without a doubt the underlying cryptocurrency of choice. “
Danish Chaudhry, CEO of FMFW.io and strategic advisor at FilmCoin,noted, “The FilmCoin Angel Token sale closing speaks for itself, sometimes willing participants can be dissatisfied with the opportunity to participate in quality IDOs, as DEX token sales essentially sell out in minutes or even seconds, leaving little chance for the public to actually contribute and acquire these types of tokens, at FMFW.io we aim to help the FILMCOIN team with their tokenomics, business strategy and trading lists, once the team will close this general public sale, we will offer our merchants the opportunity to participate in the official FILMCOIN DEX offer. “
FilmCoin’s exciting 2022/23 production roster includes:
Tales from the trap: The FilmCoin supported the inaugural film. An uncompromising look at the world of young people growing up in British streets and Council Estates. Tales of gang culture, fashion, music, knife and gun crime, the County Line drug cases, and a story of friendship and loyalty that runs deeper than anything. what a family. https://talesfromthetrap.com/
Requiem for a King: The Rise and Fall of the Shah of Iran, written and directed by Oscar winner Guy Nativ.
King of crime: The story of one of the world’s greatest criminals of all time, John Palmer.
The supremacy of Claus: Family Christmas animated film for children from the producers of Saving Santa & Nativity.
About FilmCoin I DO: In essence, FilmCoin Utility Token’s initial DEX offering is a robust successor to the old ICOs and IEOs of the past. FilmCoin IDO is a highly administered and governed utility token offering, FilmCoin IDO will provide sustainability and create a legal framework around its projects backed by digital assets. The FilmCoin IDO has, in theory, a few powerful advantages, including: top transaction speeds for FilmCoin token holders, immediate and growing liquidity pools, a robust due diligence process (to be conducted by a recognized exchange) , fast and governed access to both centralized and decentralized project funding, a highly secure and scalable business model, proven technology and manageable units ready for mass adoption.
About FilmCoin: FilmCoin is independent from Darkhorse Technologies Ltd and is the world’s first IDO of its kind and one of the world’s first blockchain-controlled cryptocurrencies powered by filmmaking and television production. FilmCoin is uniquely designed for fair and accurate funding throughout the various stages of the film and television production cycles, and where revenue collection and dissemination is instantaneous. FilmCoin smart contracts remove the need for middlemen who could devalue any profit potential. FilmCoin’s goal is to be the tool that empowers creatives and gives them full control over their own rights in terms of income, rewards, and royalties. By using FilmCoin as the currency of choice for the film and television industries, smart contracts managed by the blockchain will ensure that “no preference” regulations are enforced and all industry professionals benefit from financial transparency. unimpeded in all FilmCoin projects.
About Darkhorse Film Studios Ltd: Darkhorse Film Studios Ltd is a Business to Business (B2B) FinTech and Digital Entertainment subsidiary of Darkhorse Technologies Limited and Empire Pictures Limited. The Company has established itself as a market-leading service provider for the multi-billion dollar film and television production and digital asset industries. Using sophisticated technology, we have closed the commercialization gap between cryptocurrency and movie making, uniting these billion dollar industries. Darkhorse is now able to monetize its highly scalable and diverse film and television production business. Contact: IR Manager Darkhorse Technologies Ltd All inquiries – [email protected]
Forward-Looking Statements: Certain matters discussed in this press release are forward-looking statements, including, but not limited to, the timing and ability to complete additional acquisitions and develop our business, as well as the size of future revenues or the volume of transactions or future access to capital markets. Although Darkhorse Technologies Ltd and its subsidiaries believe that the expectations reflected in these forward-looking statements are based on reasonable assumptions, it cannot guarantee that its expectations will be met. Darkhorse Technologies Ltd and its subsidiaries do not undertake any obligation to update any statements contained in this document (including forward-looking statements), except as required by law. Factors that could cause actual results to differ materially from expectations include general industry considerations, regulatory changes, changes in local or national economic conditions, our ability to access capital markets on terms acceptable to us , or not at all, our ability to comply with our contractual commitments, including with respect to our debt and other risks detailed from time to time in Darkhorse Technologies Ltd’s reports filed on SEDAR.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/108649