Reedeux Media, which is seeking a $1 Billion IPO in 2018, has developed a cryptocurrency for media that backs television shows, movies and celebrities products.
One of their main goals is to give the power of what you watch back to the consumers! The idea is that by purchasing their coin, you can invest it in media properties such as a television show idea that you like and then they will go and produce it. Rather than a few super rich execs and top companies in Hollywood controlling everything you watch, now you can influence what gets produced – and then make money on the backend of that show!
You may read all about the cryptocurrency and the company - including the whitepaper [here](
http://www.reedeuxprototype.com/medadyn/about.html).
They are currently in pre-ICO sales and sold out their first tranche of $2.5 million in 5 hours when it was released on January 19. Yesterday, January 20, they released the second tranche of $5 million (and no word on if it has sold out yet). However, assuming there are still tokens to be sold, they are currently being sold at 25% discount - a $100 token is going for $75. There are also 2 more tranches coming up at a 10% and 5% discount on February 5 and February 19 respectively.
On March 5, when the ICO occurs, the coins will be tradeable on the Ethereum blockchain with a minimum price of $100. Theoretically, this means that any purchase today should receive a 33% boost in value on March 5.
You may purchase Medadyn (MDA) here:
http://www.reedeuxprototype.com/medadyn/buy.html by submitting the early purchase form and having a representative reach out to you from the company directly.
Although obviously speculative, sources from within the company expect that value of the coin to jump to $200-$300 per token within the first 48 hours and up to $1000 per token within 2 weeks.
More information about the company from interviews with executives at Reedeux Media can be found on Reuters:
https://www.reuters.com/article/us-reedeux-ipo/reedeux-media-seeks-ipo-after-first-coin-offering-sells-out-idUSKBN1F723W and PYMNTS:
https://www.pymnts.com/blockchain/2018/cryptocurrency-shoppable-movie-video-content-reedeux-connext/. Reuters talks more about the crypto whereas PYMNTS talks more about the company and its products.
More articles from interviews with the CEO are expected to come out on Wired and TechCrunch within a week with more details.
