LOS ANGELES, Calif. and
SYDNEY, Australia, July 20, 2018 /PRNewswire-PRWeb/
-- Launching at San Diego Comic-Con International, DreamCoin
is the world's first cryptocurrency specifically dedicated to
solving the film financing conundrum. A specialized crowdfunding
digital currency, DreamCoin issues a token for every film frame,
allowing audiences to own and trade pieces of film and entitling
them to respective royalties on their investment. In another global
first, the film frames may be purchased with Dream Frames, a
companion crypto-collectibles game that creates a new film
financing structure. Dream Frames issues DreamCoin tokens for each
frame in the film, allowing investors to purchase royalties by a
simple smart contract on the Ethereum blockchain. The format solves
a major problem in film financing by connecting buyers and sellers
directly and providing investors with a trackable and transparent
royalty structure.
The Dream Frames game is part a new breed of online game, known
as "crypto-collectibles", akin to smash hit blockchain game
CryptoKitties. Dream Frames generates a unique ERC721 token for
every frame of a film tethered to the blockchain ensuring
uniqueness, trackability and transparency. Fans and investors buy
DreamCoin (DZz) ERC20 tokens and then convert them into film frames
(ERC721 protocol) by selecting the frames they want to own in Dream
Frames. By tokenizing each frame of a film, a business model is
created that allows the frames to increase in value once the film
is released, along with many other factors – including whether the
film becomes a success and/or if the characters (actors) in
particular frames become a success. Through a simple smart
contract, owners are entitled to royalties based on these
respective frames. Dream Frames is a viable financing model for all
types of films, including virtual reality/mixed reality films.
Dream Frames is unique in that it is tied directly to quantifiable
units of IP (film frames). It also stands out as a viable financial
solution for films in production/post-production and finished
films. Experimental VR feature Dream Channel will be the debut film
launching from the Dream Frames game platform, initially only sold
to qualifying investors. Several features from major Hollywood producers are in the near-term
pipeline for DreamCoin, to be announced soon.
"We are thrilled to announce DreamCoin at Comic-Con and break
ground on many levels," said Jonny
Peters, DreamCoin CEO and founder. "DreamCoin allows people
to contribute to a film who could never do so before. It solves the
film financing conundrum by not only substantially widening the
catch net for Producers seeking funding, but it creates a secondary
market for trading film frames bringing the crowd to films."
Peters will be speaking on the blockchain panel at San Diego
Comic-Con "Going Crypto: How Digital Coin Technology Is Changing
How We Live Our Lives" July 19.
The DreamCoin token sale will start in August with a private
pre-sale including a 25% bonus, with the public sale slated for
December 2018.
To register your interest and for more information, please visit
https://dreamcoin.io.
About Gaze Coin
Gaze Coin is a company and platform specifically designed to
solve the monetization challenges of virtual worlds, bridging the
gap between the promise of digital reality (VR/AR) and the ability
for creators, brands and users to capitalize on it. Gaze Coin (GZE
token) is an attention-economy cryptocurrency and blockchain
solution monetizing 'gaze' in digital reality, allowing creators
and brands to mint their own tokens and users to earn and exchange
rewards without having to hold a digital currency first. Gaze Coin
also produces interactive virtual reality experiences and
environments that employ its platform. Gaze Coin was founded in
2017 and is based in Sydney,
Australia.
SOURCE DreamCoin