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Multiple Hollywood Films Raise Millions of Dollars Through Tokenization
Summary: According to CoinDesk, Hollywood film financing is undergoing a change through tokenization and SEC exemptions (Reg CF), allowing thousands of non-accredited investors to participate and receive dividends and secondary trading through blockchain. Robert Rodriguez raised $2 million from 2000 fans, Pressman Film raised $2 million for an original film and has started repayment within 6 ...
According to CoinDesk, Hollywood film financing is undergoing a change through tokenization and SEC exemptions (Reg CF), allowing thousands of non-accredited investors to participate and receive dividends and secondary trading through blockchain. Robert Rodriguez raised $2 million from 2000 fans, Pressman Film raised $2 million for an original film and has started repayment within 6 months, and Eli Roth's horror film studio raised $5 million through Reg CF reaching the limit. 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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