The 7ypegeist return, stronger than ever -Like a phoenix from the flames, rewarding "hodlers"! Welcome back everyone, and welcome to any new subscribers! I hope you all had a fantastic holiday season, and that the New Year is treating you well so far.
Wow, so its been a long time since I've updated. Like, a really long time. There are valid reasons, but first off, let me apologise. Sincerely. I am sorry. Truly I am. Though the circumstances are not entirely my fault, I have thus far been the public face of the company, and the person you have all previously spoken with via email, Twitter etc. 7ype is essentially my baby and that means that when things go well, I get the glory, but also, when something goes wrong, the buck starts, and stops, with me. I take responsibility entirely, I should have done better.
I'll get to the reasons for the lack of updates in a minute, but first a TL:DR of good news:
7ype is working on massive "blockbuster" films! We are on the verge of some huge, huge contracts, films with Worldwide distribution, cinema releases, major companies and star names in both cast and crew involved - this includes one confirmed Super Hero film with a huge VFX-filled trailer launching at a major Comic-Con this year, and being fully released for sale to a major distributor by the end of 2020. This is far sooner than we originally planned in our original short whitepaper! Add to this at least four smaller indie feature films now 100% confirmed for release this year in the USA, UK and beyond, & the "bull" is well and truly out the pen! I am so proud of what the 7ype team has achieved.
7ype Coin can thrive in market instability! Because of changes in the cryptocurrency market (and financial markets as a whole), instability, FUD, collapsing of major platforms, regulation scares and the like, we have completely re-invented our plan for raising further investment, other innovative methods to bolster our funding pot, and all whilst sheltering ourselves from the damage that has seen many ETH and smart contract platforms sadly die out within the last year. We are calling this exciting plan "7ype Phoenix", and will have a completely revamped website, whitepaper, roadmap, videos and marketing strategy.
Your 7ype coins will now earn you Ethereum! This is a big one. A real game changer. A large cut of the profits made by 7ype through release of films will be paid, automatically, in ETH to the addresses that you used to buy your 7ype coins. For as long as you hold on to your coins, you will receive regular Ethereum transfers into your wallet, directly proportionate to the amount of 7ype coins you own. An automated ETH faucet for all!
We will be launching a new, smart contract based exchange! I'm sure you'll all be glad to hear that we have shelved the idea of a new ICO due to regulation, market changes and distrust of the term. Simply put: Newcomers to the 7ype ecosystem will be able to purchase coins, until all 50,000 are sold. 7ype coin holders will also be able to sell their coins to other users. Once all of the 50,000 allocated 7ype coins are sold, the only way for people to get coins will be to buy them from other coin holders (like you!). This should mean that the value of your coins naturally increases, as bigger film releases means more brand recognition, bigger royalty payments, more desirable perks etc.
Your 7ype Coins should quickly increase in value! Once the relaunch goes live, the remaining 7ype coins sold to the public will be priced at significantly higher than the 0.05/0.1 ETH that current holders paid for their coins, rewarding early adopters for their patience and belief in the project - and also meaning that those who want to sell their coins will instantly be able to offer them for private sale for more than they originally paid.
Your 7ype Coins will have more uses! For those that want to hold onto their coins, you have many benefits - those who joined because they were interested in film credits, limited edition merchandise, premiere tickets etc. will be able to sign up to automatically receive these perks for every new film released through the 7ype eco-system. There is no extra charge, ever. Not even shipping.
An exclusive opportunity for 7ypegeist subscribers! Before the 7ype Phoenix project launches, there is an exclusive opportunity for 7ypegeist members to purchase more coins at the original low price, meaning a massively reduced cost way for current 7ype coin holders to increase their ETH payouts and upgrade their eligibility for perks, and offering another opportunity for 7ypegeist subscribers who have not yet purchased to get in early for the reduced price before the relaunch.
I hope you all agree that this is an incredibly exciting time! Its a huge upgrade to the original scope of the plan and really turns 7ype into a world leading platform releasing massive films, rewarding coin holders with incredible perks, true "movie producer" status, and regular ETH transfers into their wallets. The films being made and released under the "7ype" brand will create a new paradigm for the industry - an honest, ethical, trustworthy company, ignoring the usual shady tactics, shadowy deals and sleazy hiring ever present in certain circles of the film industry, and producing market leading films - both mainstream "blockbuster" spectaculars, and incredible, arty indie and genre films.
Before we get into the reasons for our silence, I think its important to reassure you all that this will not happen again. I have employed a new member of staff who will be answering emails and tweets daily, and will be sending out new 7ypegeist updates at least once a fortnight, even when I am personally unavailable to do so. Because of some nastiness that we have had with members of our staff being targeted for harassment and extortion (large pots of cryptocash sadly have placed a target on all of our heads) I am keeping the new staff member anonymous for now, but let's (fittingly!) call them "Phoenix". You can reach out to them at a new email address -
phoenix@7ype.com and a new Twitter handle - @7ypephoenix.
Right - now the bit I've been putting off. Its hard to write this without sounding like "giving excuses" for the lack of updates, but I feel an explanation is owed for those interested. If you don't want to read personal stuff and are only interested in the films, the coin, and your stake in the future of the company, you need read no further! Thank you once again for your continued support, belief, and for sticking with me through everything. I hope that you'll agree that its truly paying off!
But yeah - lets just cover the nasty bits here, and preferably, never mention them again (I am positive about the future of 7ype, and don't like to dwell on negativity - but also I want to be transparent and honest about the situation).
Essentially, as hinted at in previous 7ypegeist newsletters, the fact that I have been so transparent with how much ETH we have raised, and what crypto reserves in Bitcoin and other currencies we were holding, this meant that both I and other employees of 7ype have become constant targets for threats, extortion, frivolous unsubstantiated lawsuits and malicious attempts to damage us through misuse of regulatory boards, government departments and copyright/trademark/patent/IP claims. I have never been anything but upfront and transparent about everything we have done, and everything has been above board and honest. As I'm sure you're aware, whilst legal proceedings and/or police cases are in progress, the advice is to remain completely silent, and not comment on matters, as to not damage the cases.
The second factor is sadly a more personal, and in some ways, more serious one. I myself have been under a huge amount of pressure and stress through all of this. I've had multiple direct attacks on myself in person - I've been mugged and had attempted robberies on several occasions. I've had people hack into online accounts, hijack email addresses, social media accounts, and even (failed) attempts to drain our crypto wallets. (Don't worry, we store everything major in Ledger hardware wallets). In "real life" I've had both personal items and business equipment stolen. I've had people turn up to my front door and threaten to physically attack myself and family members. I have been forced to sell my car and move house to hopefully avoid these things happening in future. I've stopped using my personal social media accounts and other things that may make myself and my family traceable. Thankfully, the appropriate authorities have been informed and these kinds of situations are now under control.
Shortly after writing the last 7ypegeist update, I went on a business trip to Greece to meet the director of one of our upcoming films, and to plan a future film also being shot there. I had a wonderful, and productive time. But when I returned, I came home to a whole host of horrible things - essentially nasty stuff that not only affected myself, but my children, and my wife (and putting a huge strain on our marriage). Also, various very close members of my family and very close friends had had huge health problems - heart attacks, stage four cancer diagnoses, severe mental health issues - and all of this had happened whilst I was away. I instantly went into warrior mode, fighting to protect those closest to me, but I must admit that I felt guilt for both potentially causing a lot of the stresses by inviting attention into our lives, and for being out of the country and unable to help those who I love when they needed it.
I am not afraid or ashamed to admit that I essentially suffered a massive nervous breakdown. I became a complete social recluse - not being able to leave the house, answer the phone, or go online, due to massive clinical stress, depression, and anxiety - I even had some heart problems, and blood pressure issues of my own. Its been a scary time. Thankfully, I was completely able to keep the business going (and indeed thriving and growing!) behind the scenes, by throwing myself into script writing, storyboard & animatic creating, VFX work, and meticulously creating my "plan of attack" for once my health returned fully.
Honestly, for months I completely eschewed going online at all. I have undergone a huge turnaround since then. Doctors have been a fantastic help. I am now on mild anti-depressants, and medication to regulate my heart and blood pressure. Perhaps even more importantly I have a dedicated "life coach" who has helped me enormously through continuous therapy, CBT, NLP and hypotherapy, and a personal trainer who is ensuring I have a healthy diet and exercise regime.
I can gladly say now that I am in the best physical health I have been in over a decade, and I am feeling enormously positive about the future of 7ype! I'm genuinely enormously excited about all the incredible progress that has been made behind the scenes, and the huge film projects we are working on. One film in particular has the potential to start an enormous franchise & create many more films, jobs, and secure royalty payments for decades to come. I've honestly never felt so inspired & looking forward to so many great things!
I don't say any of this wanting sympathy, just hopefully to at least partially explain why I didn't even pop up with a quick update. I have now got a great team around me, including Phoenix who will be able to answer messages and keep everybody updated, so this will never happen again, you have my word.
Many, many thanks again to everyone for the continued support, it is truly, truly appreciated. I hope you all have a great day, and I look forward to sharing great success with you all this year!
All the best, Samuel Victor (
phoenix@7ype.com / @7ypephoenix)
PS - One last thing as a quick disclaimer! Some of you may have seen that I started up a (non-film related) YouTube channel (I won't link it here as I don't want to risk the trolls attacking me there or taking it down through false copyright claims as they have with other things). You may think that this is non-congruent with the above, but actually it was recommended by my therapist as something that I could do at home, without leaving the house, as a project that I could do with my children, and as a way to slowly increase being "social" but on my own terms and with no pressure. Its actually been enormously helpful in slowly helping me to get back to “proper” outside work.
However, "me being me". I don't do things by halves, and have actually used the positive reception to the videos as a way to network and gain contacts with other YouTubers, and am now good friends with many creators with many subscribers and fans (often in the literal millions!) and have met a few of them in real life, and actually secured several of them for roles in films on the 7ype slate - this is one of the ways I secured the "blockbuster" projects mentioned above! Funny how these things work out. "Life gives you lemons and you make lemonade films!" Thanks again, Sam
