ChainCatcher news, the decentralized content platform MovieBloc has announced the MBL token distribution plan, with a total supply of 30 billion MBL tokens.Among them:Marketing: 11% of the total supply.Ecosystem: 43% of the total supply.Foundation: 10% of the total supply.Team: 15% of the total supply.IEO (Gate.io): 8% of the total supply.Private: 3% of the total supply.ONT Foundation: 10% of the total supply.

According to ChainCatcher news, data from RootData shows that the MovieBloc token (MBL) has increased by 19.24% in the last 24 hours, currently priced at $0.003.Additionally, the Web3 asset data platform RootData indicates that MovieBloc is a participant-centered film ecosystem. Creators will enjoy equal screening opportunities, transparent revenue sharing, and viewing statistics on MovieBloc. Audiences will enjoy various content on MovieBloc and receive rewards for creating subtitles.

ChainCatcher news, according to the official announcement, Upbit has suspended the deposit and withdrawal services for ONT, ONG, and MovieBloc (MBL) due to network issues. During the suspension of deposit and withdrawal support, the refund process for the corresponding digital assets will be paused and will be handled sequentially after the deposit and withdrawal support is restored.

ChainCatcher news, according to CoinDesk, after the Dencun upgrade, developers published the entire script of "Bee Movie" on the Ethereum chain, an animated comedy directed by legendary comedian Jerry Seinfeld, which tells the story of a bee suing humans.Paradigm developer Dan Cline stated that his initial transaction cost was around $14, and shortly after, as fees further decreased, another developer published the script for $5. Copying and pasting the "Bee Movie" script is a niche internet meme that originated on Tumblr and quickly spread to Reddit, YouTube, Facebook, and other social media platforms.

ChainCatcher news, according to The Block, the Arbitrum Foundation announced that it will fund a feature film produced by Oscar winner Shane Boris in collaboration with Dpop Studios. The film, titled "New Here," will explore the world of digital art through the perspective of a new user who falls down the cryptocurrency rabbit hole. The film will be co-produced by Shane Boris, who won an Oscar last year for the documentary "Navalny."

ChainCatcher news, the decentralized content platform MovieBloc has released its 2024 roadmap, which includes the launch of new language presets, an open film festival, expanded media services, enhanced funding support systems, the introduction of membership services, and improvements to personal pages, to strengthen MovieBloc's importance as a global platform for independent films and short films.Previously, it was reported that MovieBloc and DWF Lab reached a partnership to achieve decentralization in the film industry.

According to ChainCatcher news, DWF Labs has launched a series of strategic initiatives to promote the growth of MovieBloc, marking another step for the company towards its commitment to redefining the film industry by creating a fairer, decentralized platform that rewards its creators. MovieBloc aims to address the challenges arising from vertical integration in production, distribution, and exhibition within the film industry.

ChainCatcher message, Bitget will launch MovieBloc (MBL) in the Innovation Zone and Web3 Zone, the deposit channel is now open, and the trading channel will open today at 19:00 (UTC+8).

ChainCatcher news, the production company Red Granite Pictures, which holds the rights to The Wolf of Wall Street, is seeking to sell NFTs based on iconic scenes to help monetize its fan base and combat piracy. The company stated that for a payment of over $100, fans have the opportunity to own NFT collectibles related to scenes from The Wolf of Wall Street. Buyers will become members of an online community where they can purchase props, costumes, and listen to remixed songs from the soundtrack. (Bloomberg)

ChainCatcher news, the movie subscription service MoviePass has completed its seed round financing, led by Animoca Brands, with participation from Claritas Capital, Emerald Plus, Gaingels, Harlem Capital, PKO VC, and Sandhill Angels. As part of the deal, Yat Siu, the executive chairman and co-founder of Animoca Brands, will join the board of MoviePass.MoviePass stated that it plans to use the new funds to accelerate the testing phase of its cinema subscription service relaunch and to develop and implement the company's Web3 strategy, which includes virtual reality cinema experiences and using technology to drive theater traffic. Spikes noted that Animoca Brands believes there is an overlap between moviegoers and fans of the metaverse and blockchain. (source link)

ChainCatcher news, Gala Games stated on their official Twitter that they are currently collaborating with Dwayne Johnson and Mark Wahlberg, who has appeared in the Transformers film series, to produce two movies. Additionally, since they will be released on-chain, Gala Film and Gala Music will use GALA as the Gas token. (Source link)

ChainCatcher news, according to a report by PR Newswire, Hollywood movie NFT service provider ROW8 has announced the completion of a new round of financing, with the specific amount not disclosed. Crypto venture capital firm Ayre Ventures led the round, with participation from Intersect VC (investors in Dapper Labs and Triller), Revere VC, former Washington Redskins and Oakland Raiders quarterback Jason Campbell, and MSG Ventures partner Rusty Matveev, among others.Previously, ROW8 announced the acquisition of the Web3 streaming platform Rad. ROW8 stated that the company will collaborate with Rad to create the first platform providing NFT services for movies like "Avatar" for Hollywood studios and Web3 creatives. (Source link)

ChainCatcher news, according to Decrypt's confirmation with Coinbase, the production of the Degen Trilogy, a film trilogy series for the Bored Ape Yacht Club (BAYC), has been paused by Coinbase. A Coinbase spokesperson stated, "We are continually evolving our content strategy and have decided to pause the production of the remaining two films while we determine the best creative path forward."It is reported that in April this year, Coinbase announced the production of a film trilogy for BAYC, and subsequently released the first short film of the trilogy, "RUN THE CHAIN," in July. (Decrypt)

ChainCatcher news, according to Deadline, Apple is about to reach a copyright deal with Michael Lewis, the author of the commercial bestseller "The Big Short," for his book "The Fall of the Crypto King Sam Bankman-Fried & FTX," which is expected to be adapted into a feature film. Deadline reports that this deal beat strong competition from companies like Netflix and Amazon, with the transaction amount in the seven-figure range. (Source link)

ChainCatcher news, the Web3 film community and movie studio ATTA has completed an additional financing of $2 million, with investors including GuildFi, Hashed, and Shima Capital, as well as individual investors such as Fawaz Hourani from the Stanford Bitcoin Club and Jared Polites from RareStone. Hashed will serve as the Web3 advisor for the ATTA project. This round of financing will be used for the development and production of ATTA's next film projects and to establish a Web3-enabled film and entertainment ecosystem.ATTA helps content creators continuously produce high-quality ideas while maximizing their commercial value through a DAO-powered film community. Previously, ATTA completed a $2 million angel round of financing, with participation from Zonff Partners, Shima Capital, Hash Global, Altonomy Ventures, Winkrypto, Youbi Capital, and others. (source link)

ChainCatcher news, NFT financing platform Raze Fintech Inc. announced the completion of a $175,000 Pre-Seed round of financing. The platform is now live and accepting client applications, with two pilot clients (RedDoors Tech Inc and Versafy Inc.).It is reported that Raze is dedicated to providing a platform for businesses to raise funds through minting NFTs in a compliant manner. The platform requires issuers to conduct KYC on all qualified investors and also obtain accredited investor declarations and execute agreement digital signatures. The team plans to deploy the Raze NFT financing platform across multiple verticals, such as venture capital, real estate, film, and Web3 projects. (source link)