Film Development Needs an On-Chain Business Model
The film industry is undergoing a transformation, with traditional financing models struggling due to shifts in media consumption and financial realities faced by studios. Pressman Films aims to innovate this landscape through an on-chain business model, leveraging blockchain technology to increase transparency and democratize film financing. The company is launching a crowd financing campaign that allows both accredited and unaccredited investors to buy securitized tokens on the Avalanche blockchain, leading to shared financial outcomes across multiple films. This approach not only provides accountability through smart contracts but also allows early engagement with audiences, enabling more targeted marketing based on a film’s appeal. With regulatory compliance in place, Pressman Films is at the forefront of a movement that seeks to connect creators and audiences closer than ever, fostering a community around independent films during their production phase.
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