Menu

Search

  |   Digital Currency

Menu

  |   Digital Currency

Search

Ethereum-financed feature film Braid to begin crowdsale on June 7

Braid, the psychological thriller and horror movie, which is the first US feature film to be financed through an equity crowdsale using Ethereum, has announced that it will commence its campaign for the token launch from June 7th.

Braid is directed by Mitzi Peirone and it has partnered with blockchain company ConsenSys, and will be utilizing its award-winning crowdfunding platform WeiFund to raise the capital required to produce the film beginning on June 7th.

The Braid crowdsale will enable and incentivize numerous people e to become investors and promoters of the film. The movie team is seeking to raise a minimum of $1.4 million and maximum of $2.1 million worth of Ether in exchange for 30% of the future profits of the film.

“Token holders will have the first rights to any revenue generated by the project with 15% interest before any profits are taken by the production team. After contributors to the sale are made whole, the remaining profits of the film will be divided 70/30, with 30% of the net profits being proportionally distributed to token holders,” the release stated.

Non-US residents are eligible to participate for the token launch that is starting on June 7th.

  • ET PRO
  • Market Data

Market-moving news and views, 24 hours a day >

May 24 15:00 UTC Released

USKC Fed Manufacturing

Actual

41 Mln

Forecast

Previous

33 Mln

May 24 15:00 UTC Released

USKC Fed Composite Index

Actual

29 Bln USD

Forecast

Previous

26 Bln USD

January 31 00:00 UTC 163908163908m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 163908163908m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 175728175728m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 163908163908m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 175728175728m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 163908163908m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 163908163908m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 163908163908m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.