Hollywood Finally Goes Crypto with New Kurt Russell Film

Hollywood Finally Goes Crypto with New Kurt Russell Film

Kurt Russell is the headline in new movie Crypto due to hit the big screens in early 2019. Perhaps not surprisingly, the film will be a money-laundering crime thriller “set in the high stakes world of banking and blockchain technology.”

Starring alongside the cinema icon are Alexis Bledel (The Handmaid’s Tale, Gilmore Girls), Luke Hemsworth (Westworld), Beau Knapp (Seven Seconds) and Vincent Kartheiser (Mad Men).

Directed by John Stalberg Jr. critics have billed the film as a kind of The Firm meets The Girl With The Dragon Tattoo. With scenes already filmed and in the can, the movie is currently in its editing stage.

AUSPICIOUS TIMING FOR MOVIECOIN ICO

As if on cue, just as the Crypto movie is set to become the talk of tinsel town, a new ICO called MovieCoin has launched it’s pre-sale, proclaiming to be Hollywood 2.0.

Unusually, the sale will include two tokens; one a utility – MovieCoin Utility Token (MOV) – that powers the ecosystem, and the other a security – MovieCoin Smart Fund (MSF) – that denotes a stake of ownership in a fund of real-world film and television assets.

Billed as a fintech platform for the entertainment industry, the project has American financier Christopher Woodrow at the helm and is supported by Bankex which has resulted in the ICO already raising 2,000 BTC in its private sale stage.

Woodrow has a track record in the business and has produced a string of hit films including Black Mass, Hacksaw Ridge and Birdman. His list of productions have been nominated for 16 Academy Awards and gone on to win six Oscars.

In a recent interview with Forbes, Woodrow explained that he believed the MSF token will be “…groundbreaking for Hollywood” as it will improve liquidity within the industry and allow MovieCoin “…to finance 60 movies over the next six years” and each movie …will fall within the $15-$65 million dollar budget range.”