Bitcoin Blockbuster to be Distributed Using Blockchain
Independent film No Postage Necessary is a dramatic comedy about a computer hacker and a whole lot of missing Bitcoins - the perfect plot for the first feature film to be released using blockchain technology.
The film is teaming up with Vevue, a peer-to-peer video network app running on the Qtum blockchain platform, for distribution. Vevue currently offers an iOS app, with Android and web versions in development. Completing tasks listed on the company’s website earns you tokens, ranging from as little as a single token to thousands of them, depending on the task at hand.
Jeremy Culver, who wrote, directed and produced the movie, said in a press release, “There are many advantages to blockchain distribution, including immutable proof of intellectual property rights, transparent royalty payments, and, since all data on the blockchain is resistant to duplication, we can now envision a world where films are no longer pirated.”
The movie was released in the USA on October 14th, 2017, but its worldwide blockchain debut is set for June. The story follows Sam, a brilliant computer hacker seeking a better life, who is on probation and banned from using the internet. He poses as a postal worker, stealing people’s mail, until he reads a letter from a woman to her dead husband who was killed in Afghanistan… And from then on, it becomes a “boy meets girl” story, with a side of stalking and a missing Bitcoins case led by the FBI.