Is MovieCoin worth holding?

[lksufrr]

I suppose that this cryptocurrency is good for trading not holding. It is quite active now so with trading you will get more profit than holdin could bring for you.

[DanielJacob]

Movie Coin is another great project in cryptocurrency platform. It aims on democratizing the Hollywood investment opportunities. You can hold this coin for long term investments as it is built with great potentials in the community.

[DeViL303]

Fewer Loopholes, More Useful Data: MovieCoin Offers Benefits to Mid-Sized Film Production and Service Businesses
https://medium.com/moviecoin/fewer-loopholes-more-useful-data-moviecoin-offers-numerous-benefits-to-mid-sized-film-production-e4ea63ebe63

Even to the most sophisticated and seasoned entertainment executives, Hollywood’s accounting structures, payment processes and reporting practices are often challenging to navigate. A lack of uniformity and transparency across the industry has long created inefficiency and lengthy delays for parties involved in financing projects. In many cases accountants, lawyers and other service providers are required to step in and remediate issues, which in turn can amount to an even greater expense.

Mid-sized film production companies and service businesses involved in financing entertainment projects often get the short end of the stick as they generally have fewer resources available to closely track the financial reporting and “waterfall” of payments that is required to understand their investments at any given point in time. Without this detailed information, these companies can only guess as to where their capital is being allocated and how their investment is performing.

Like the large laptop computer that your parents love but can’t seem to part with, the present system may appear to work just fine, but the reality is that it’s outdated, inefficient and in need of an upgrade. The same can be said for entertainment industry financing. Today, new technologies are available which will play an integral role in helping to create next-generation solutions that will greatly enhance legacy financing and accounting practices.

[yla1974]

First of all, analyzing the company background, it's invested by Techno, PreAngel, Yeahmobi, GX Capital, MoBy Capital.
Secondly, analyzing from the team background, our team members are all graduated from universities like Columbia, Peking University and so on.
Thirdly, analyzing from the app itself, it already has 100 million monthly active users worldwide. That's a great achievement.
Lastly, seeing from the business model, the movie distribution is a highly needed demand. With the deployment of blockchain in the platform, all participants can split revenue in real time, and all transactions are transparent, which may revolutionize the movie industry.
 

Perhaps you are right and the film industry needs it. But as I understand, for today, huge sums of money are laundered there and control is absolutely not necessary to them, because on the contrary it can only do much harm. Although I agree, at the time of marketing, control is needed no matter when.