Filmio Uses Blockchain Tech To Democratize the Entertainment Industry

CoinEdition

Published Jul 07, 2021 11:20AM ET

Updated Jul 07, 2021 12:00PM ET

Filmio Uses Blockchain Tech To Democratize the Entertainment Industry

  • Filmio announced the launch of its platform.
  • The firm said it will democratize the entertainment industry and include fans.

Filmio brings blockchain to film creation with its platform set to empower film, television, and VR creators. Leveraging distributed ledger technology, Filmio aims to include fans in the project-greenlighting process and democratize film the same way blockchain is opening access to financial markets.

Of note, Filmio is a blockchain development for entertainment. Its platform leverages third-generation blockchain tech to empower creators and fans throughout the filmmaking process.

As boundaries between creators and fans are blurring across the entertainment industry, Filmio noted that it tackles that challenge by bringing the democratizing properties of blockchain to film.

Following this, the Filmio team said,

“Fi...

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