Bridging The Gap Between Film Financing and Independent Filmmakers

MEGA MOVIE FUND

The Mega Movie Fund was developed to spearhead an issue in independent film making. This issue is simple, what has always been done in the entertainment industry just continues to be done, this includes filmmakers having limited resources to launch their projects, equity holders worried about the level of risk associated with such projects and the age old issue of how to bridge that gap.

The Mega Movie Fund bridges that gap in a very unique way and makes every attempt to mitigate the risk for current and future equity holders of an independent film project.

The films that would be included in the Mega Movie Fund will span different genres, directors, cast and each project will provide full transparency via blockchain technology. The Mega Movie Fund “MMFx” tokens represents 100% of the fund and each slate of films will be represented by a project token for that  slate of films. The MMFx tokens are what allow membership access to the MMF Private Club Community on MegaHoot Soapbox, allow voting on what film projects may be included in MMF, all voting will take place in the Mega Movie Fund Private Club on MegaHoot Soapbox.

The MMF welcomes community involvement and the inclusion of a decentralized autonomous organization function is what allows that to happen seamlessly. MMFx Token holders will be able to get involved in the process, help decide what projects fit best into the MMF and other perks come  with it such as exclusive NFTs and other digital assets that will be distributed to MMFx Token holders.

The Mega Movie Fund Token “MMF” and all project tokens associated with the fund will be minted on the Pecu Novus Blockchain Network. The MMF will be staked in a liquidity pool on the decentralized cryptocurrency swapping system HootDex, this will allow for an automated market maker system to be in place and also provide transparency through out the lifecycle of the DAO. Each slate of films will also have a project token representing those film projects, those project token holder will be benefit from the revenue generated from the film projects in that slate of films.

Each film project will incorporate a blockchain enabled system that would provide 100% transparency to the public on a step by step basis as the film progresses. This is in place to avoid any potential fraud or mismanagement of funds as all funds will be allocated according to the approved budget, which will be verifiable line by line, either by the DAO, equity holder, filmmaking team or general community.

Token holders will also be able to swap for other project tokens representing another slate of films or even with other projects available on HootDex away from the Mega Movie Fund. 

Each slate of films will be replaced with other projects as the films are completed, released and revenue is being generated from those completed projects.