![]() ![]() But this is a totally different mechanism and procedure (as) raising funding through crypto assets does not mean that the underlying participation of the film is digitised,” said Poujol and Florian Spiegl, co-founder of FinFabrik. L'enfance de Patrice, la dcouverte de l'informatique. Dans cet pisode de Parlons NFT, nous parlons financement certes mais aussi de notre amour inconditionnel pour cet art. Previous experiences from other companies involve the finance of films with crypto assets like Braid. Acclam par la critique, le film reoit en 2020 le Csar du meilleur premier film et celui du meilleur espoir fminin pour Lyna Khoudri. ![]() “What Finfabrik and Lumiere have done with ‘Papicha’ is the first issuance with a hybrid instrument and fully digital workflows. Poujol said that the transaction was a first of its kind, and a step forward for film financing. Encrypted and stored this way, transactions are secure, always available, and cannot be controlled by a single gatekeeper or authority. He described the company’s mission as “reinventing capital markets and bringing finance to everyone.”ĭistributed ledger technology, such as Blockchain, allows information ranging from contracts through to units of stock, or money (such as Bitcoin), to be stored and simultaneously updated on multiple servers around the world. “We are humbled to bring forward our experience and our distributed ledger technology-based asset tokenization platform CrossPool to co-create with Lumiere a new way to invest into movies, that will lead to more transparency, security and efficiency gains,” said Alex Medana, co-founder and CEO of FinFabrik. In the future, we may see more liquid markets on dedicated exchanges.” ![]() “If allowed by the issuer, these tokens can immediately be traded on CrossPool over-the-counter, directly between investors. “By having their equity participation digitalized, investors will have the opportunity in the future to transfer or sell it to other investors who want to have access to an exciting alternative asset,” Patrice Poujol, CEO of Lumiere, and author of the book “Online Film Production in China Using Blockchain and Smart Contracts,” told Variety. ![]()
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