Multiple Hollywood films raise millions of dollars through "tokenization" financing
ChainCatcher news, according to CoinDesk, film financing is being transformed through tokenization and SEC exemption (Reg CF) compliant crowdfunding, allowing thousands of non-accredited investors to participate and enabling dividend distribution and secondary trading via blockchain.
Robert Rodriguez raised $2 million from 2,000 fans, Pressman Film raised $2 million for its original film slate and began repayments within six months, and Eli Roth’s horror studio reached the $5 million Reg CF fundraising cap. The article states that this model enhances creators’ retention of IP and creative freedom, and positions film and television as accessible alternative assets.
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