For many self -advertised Cinephiles, enjoying a strange game of Letterboxd and screaming online on the Internet around the box office groups. Now, MoviePass He has a plan to take advantage of this energy using a Blockchain platform.
today, Advertise MoviePass and Mysten Labs MGUL launcher, a new “competitive recreational experience” inspired by fictional sports. Built on MySten’s Sui Blockchain, Mogul will give users a way to compete against each other with fictional style championships and challenges that focus on providing predictions about the critical classifications of films, the prizes that they may win, and how to perform them in the box office. Users will be able to win digital holdings (Read: NFTS) and the coin in the game, while comparing their rankings on the leading board.
In a statement on the new platform, Participant founder and CEO of MoviePass Stace Spikes He described the Mongols as “the culmination of a long -term WEB3 strategy”, and stressed that the company is trying to meet fans wherever they are.
“[T]”The biggest vision is more exciting – the activation of a new generation of fans who watch not only films, but also affect the culture and economy around them,” said Spix.
Mysten Labs, founder and CEO of Evan Cheng, added that, with Mogul, is not just Gaming Hollywood, but rather opens a new category of consumer experiences in ONSAIN “and trying to” push the limits of what is possible to share fans. “
MoviePass currently says more than 400,000 people have participated in the early waiting list to reach Mogul, and those who enter the experimental version will be given digital portfolios to store the virtual currency of the platform. The company also says that over time, Mogul will become more deepening in the MoviePass app to mix “tickets, Vandum and speculation on a better entertainment trip.”
MoviePass started in 2011 as a service that allowed subscribers to watch an unlimited number of films in theaters for only $ 10 a month. The launch of the Mogul comes two years after MoviePass after that Previously, go bankrupt After its acquisition by the Helios and Matheson analysis company. To combat the financial issues that were removed from the unusual MoviePass business model, CEO Mitch Lowe, Helios and Matheson, CEO of TED FARNSWORTH in order to reach the company from reaching the platform without their knowledge. These moves led to an investigation into the Federal Trade Committee, by the Federal Trade Committee. In response to the charges of defrauding investors, both Louie and Varinsworth Ultimately pledged guilt.
The current MoviePass leadership is more transparent about its ancient guard actions. But the axis in NFTS and the bet to get fake money is a strange look from a company that has originally marketed itself as a disruption in the entertainment industry that focuses on giving people a better theater experience.
