Will this be a good investment for Movie Lovers ?

[hirushaa]

Hi guys, I found a quite trustable project (HEAD OFFICE -Lelle 24, 11317 Tallinn, Estonia)(project name :- www.moviebizcoin.com) , Here the Coin holders will be able to stake their coins to be invested in different Movie Projects and will earn handsome APY’s based on projects.

It seems to be a trusted project since they have a head office in Estonia and also in India and  major benefits of this crypto approach is the aspect of transparency: MovieBiz Coin states that its platform will provide financiers a transparent ledger of all of the expenditures, receipts, entitlements, and ownership of each project the company assists in raising funds for.

So What about your opinion about this project ? 
I hope senior members in the bitcoinitalk will reply on this 
 

[fvb]

I've already seen something similar. The idea is not new, but promising. It is certainly relevant to raise funding for aspiring filmmakers. If this is indeed the case, then it has the right to be implemented. Only the token is not yet visible on Coinmarketcap, although according to the project plans it should already be. Although everything can only be developed.

[X-ray]

Hi guys, I found a quite trustable project (HEAD OFFICE -Lelle 24, 11317 Tallinn, Estonia)(project name :- www.moviebizcoin.com) , Here the Coin holders will be able to stake their coins to be invested in different Movie Projects and will earn handsome APY’s based on projects.

Im feeling skeptical about this. It sounds too good to be true. As far as i know based on my experience if the movie project didn't have any potential to growth in the crypto ecosystem.

It seems to be a trusted project since they have a head office in Estonia and also in India and  major benefits of this crypto approach is the aspect of transparency: MovieBiz Coin states that its platform will provide financiers a transparent ledger of all of the expenditures, receipts, entitlements, and ownership of each project the company assists in raising funds for.

You shall not fully trust it. it can become a bad project anytime. So many projects were also doing this thing. Being transparent and honest project when it was getting started. I have experienced so many times a trusted project called by others turn to be scammers once they got what they want. You must always be careful with this.
Im not seeing any potential with this kind of project.

So What about your opinion about this project ?  
I hope senior members in the bitcoinitalk will reply on this  

[/quote]Just try to reply this based on my experience but if you have different opinion and feeling free to share your opinion as well.

[yayayo]

The concept is good but the main problem is how many projects would like to be partner with the moviebizcoin? if big projects like netflix, hulu and other movie streaming platforms that produces their own shows or probably other producers I think this could be a big thing but I think it was for a projects that doesn't have budget and will get budget based on the investor of moviebizcoin right? so it means it's still 50/50 if the movie will be a hit or not.

ya.ya.yo!

[Ammaa]

Concept is too good for a  crypto project to get a potential gain and movie makers and movie lovers may invest their money into this if you can make some additional rules and something new for the current situation in the world..