Hello everyone,

We wanted to bring it to your attention that as we continue to move forward in the rapidly changing crypto space, it is important to evolve. Before we can launch the MoviLine Relayer, get listed on more exchanges, make MOVI available for atomic swaps and more, the MoviToken smart contract must be upgraded. That's what we've done. It is now time to swap your "old" MOVI for "new" MOVI. Read more about the token swap of Medium.

https://medium.com/@a1indallas/movi-token-swap-begins-march-25-28be1977281a

To move forward and swap your tokens go to https://movitoken.com

We have begun testing the MoviLine relayer on Kovan. The MoviLine relayer (Lending DAPP) utilizes the Dharma protocol for P2P loans. MoviLine is specifically designed to accept MoviToken as collateral for loans in WETH and stablecoins such as DAI, USDT, TUSD.

Loans given out on this relayer will be used to fund independent film, television and other video projects around the globe and/or margin trading purposes.

MoviToken is currently trading on IDEX and ForkDelta. Coming soon to AMP! Ticker: MOVI

https://movitoken.com
https://dharma.io

MoviToken is now listed on CoinGecko! Stay updated on Price, Chart, Market and other data by visiting https://www.coingecko.com/en/coins/movitoken

Check out my new post on Medium about MoviToken!

https://medium.com/@a1indallas/movitoken-the-dawn-of-something-great-4d42b53df78b

Cheers! 

Yes, we're currently working on integration as an accepted collateral on the Dharma Protocol. This will unlock liquidity for MoviToken holders with P2P loans for film production. I've discussed this in short with a few of the lenders on their telegram channel and they are excited about the MoviToken project.

We are also working on getting listed on Bancor for continuous liquidity.

In the real world, the first MoviToken produced feature screenplay is being written. While it will most certainly be an independent film, it's content globally marketable. We cannot share details on this just yet, but once marketing for the movie and the project begins, I'm sure everyone will be excited! 

In the meantime, you can pick up MoviToken at the following exchanges:

https://idex.market/eth/movi
https://forkdelta.github.io/#!/trade/MOVI-ETH
https://enclaves.io/trade/MOVI
https://etherc.io/#MOVI-ETH
https://tokenjar.io/MOVI

That's exactly right!

This token is for the global independent film community. Everyone in the film industry can use it!

Yes the basic use of the token is for any producer or talent to pay or accept payment in MoviToken, if the production doesn't have the cash to pay. It's for anyone who is involved in filmmaking!

Whitepaper is available on the website. Bottom of page.

If by "investor" you mean a day trader in the crypto markets, one can trade based off the buys or sells.

If by "investor" you mean a person or firm investing in a project that uses MoviToken, that could cross the line into securities and might require legal review.

Please keep in mind that hodling MoviToken does not grant anyone a stake or share in the profits of any film that uses MoviToken. Traders only make their trades based off the market.

A person who holds say 10,000,000 MoviToken can make an individual deal with a filmmaker for investing in the filmmaker's movie.


***PLEASE BE AWARE THAT THE FOLLOWING IS JUST ONE EXAMPLE AND THIS EXAMPLE COULD SUBJECT THE PARTIES INVOLVED TO SECURITIES LAW REQUIREMENTS. IT IS A GOOD IDEA GET LEGAL ADVICE BEFORE MAKING/REQUESTING THIS TYPE OF INVESTMENT FIAT OR CRYPTO IN ANY PROJECT***

EXAMPLE:

Market example: MoviToken value $0.02
10,000,000 MOVI value $200,000

Filmmaker: I have a great script, but no money
Investor: I have 10,000,000 MoviTokens
Filmmaker: I'll give you 50% of the profits if you invest 2,000,000 MOVI (or $40,000).
Investor: Sounds like a deal


At this point, there are several options the filmmaker has.

1. Pay everyone in MoviTokens that the investor provides.
2. Use MoviToken as collateral on crypto-lending platform to get ETH or cash and pay everyone with fiat. Eventually, AirSwap and/or Bancor could be available to swap for ETH as well.



Movie gets made and sold to a distributor or film buyer for $150,000.

Here's the simple math.

$150,000
-$75,000 to investor for 50% profit share
-$40,000 to repay MoviToken investment
________

Investor gets: $115,000 = 187% Return on Investment
Filmmaker gets: $35,000 = started with nothing, now has $35,000 and can now buy their own MoviTokens if they wanted to

What if the movie only sells for $50,000?

$50,000
-$40,000 to repay MoviToken investment
-$5,000 to investor for 50% profits share
________

Investor gets: $45,000 = 12% Return on Investment
Filmmaker gets: $5,000 = better than nothing


DISCLAIMER:
The above examples do not account for any taxes, fees, etc. They are simple examples of how a MoviToken investment could work in a VERY simplified way. Consult your own accountants and legal teams before making any investment in anything in life. I cannot provide you with legal advice or accounting/investment advice.

That would be great! Looking forward to your review!

Absolutely! As the number of filmmakers who use MoviToken rises, the more the MoviToken "economy" grows, beneficial for all!

Added this new slide to the pitch deck above! The basic utilization of MoviToken.

I will be adding some concept maps soon. MoviToken is a very versatile token and can be utilized in many ways. It's important to shed some light on the most important uses.

Stay Tuned.

MoviToken.com
facebook.com/movitoken
twitter.com/movitoken
idex.market/eth/movi
forkdelta.github.io/#!/trade/MOVI-ETH

If you'd like to participate in the bounty campaign visit the bounty thread here >>> https://bitcointalk.org/index.php?topic=3279418.0

Your support is greatly appreciated! Just to clarify, MoviToken is not associated in any way with Freestyle Systems or their MöVI camera rig. MoviToken is a community currency that enables filmmakers and producers by functioning as an alternative payment method where cash is limited or non-existent.

MoviToken is indeed a great project that will benefit all who adopt its use.

Thank you! We anticipate big things!

This ANN thread will be updated soon! Stay tuned!

Had a great chat with Yahoo. Good guy, solid knowledge and advice. Looking forward to working with him in the future!