Film.io DAO Surpasses 100 Million $FAN Staked Milestone, Cementing Momentum Towards Partnership with Madrid, Black Mirror Promotions and more
Over 20,000 group members exceed 100 million $FAN staked into 250 authentic initiatives, highlighting its speedy development and momentum in the direction of upcoming partnerships
Toronto, CA — August 14, 2024 — Through the Canada Crypto Week on the Blockchain Futurist Convention, Film.io, the world’s first decentralized autonomous group (DAO) for the movie and leisure trade, at the moment introduced a serious milestone, surpassing $100 million in $FAN staked by its increasing group. This achievement highlights the rising help for Film.io because it charts a course in the direction of a sequence of group votes and occasions together with Black Mirror NFT giveaways, and the extremely anticipated collaboration with the Metropolis of Madrid within the Ventana Madrid prestigious movie competitors.
Since debuting on the Sundance Movie Competition in January, Film.io has shortly established itself as an modern platform within the leisure trade. The launch of its governance token, $FAN, alongside strategic partnerships with trade innovators like Polygon, Pixelynx, Consensys VillageDAO, and CoinList has established Film.io’s position as an rising platform in decentralized movie financing and manufacturing.
In lower than a yr, Film.io has attracted over 20,000 lively DAO members and onboarded 250 authentic filmmakers with their initiatives. These creators are leveraging the ability of Film.io group voting and decentralized governance to advance their initiatives in new and unprecedented methods to safe expertise attachment, various financing, crowdfunding, and conventional licensing and distribution.
One such success story is Xavier Rull’s “My Stalker”, a thriller that has already begun constructing a devoted fanbase on Film.io. By way of the continued group vote, the challenge is securing financing, attracting prime producers, and has been chosen for inclusion within the unique Marché du Movie on the Cannes Movie Competition—demonstrating the potential of decentralized decision-making within the movie trade.
“Every token staked is a vote for diversity, inclusion, and originality in storytelling for films and TV,” stated Christopher J. Davis, CTO at Ingredient X and Co-Creator of Film.io. “100 million FAN staked is a clear message that the world wants more of these things, and they are coming to Film.io to make it happen.”
Film.io invitations stakeholders within the movie and crypto industries to affix this initiative by staking FAN tokens to help modern filmmakers and earn SuperFan credit. The FAN token might be staked and obtained on the Film.io dApp Uniswap and MEXC.
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About Film.io
Because the main decentralized filmmaking ecosystem, Film.io leverages blockchain expertise to position Hollywood decision-making into the arms of creators and followers, and offers filmmakers with an end-to-end resolution for creating, funding, and distributing their initiatives.
Film.io empowers movie and TV creators by changing centralized energy with collaboration and inclusivity, whereby creators submit their initiatives as proposals, construct audiences, and broaden entry to funding and licensing. Utilizing Film.io’s native and governance $FAN Token, followers can be a part of the Film.io DAO, vote on movie and TV initiatives, and help their favourite creators to assist them get seen by buyers, studios, and new audiences.
Assaf Igell
VP Advertising and marketing
[email protected], [email protected]
