The future of the movie viewing experience
Debuted for the first time in May during this year Cannes Film Festival/ Marché du Film and was originally offered as a collectible limited edition founder’s pack for each film title.
LOS ANGELES, 4 January 2023 /PRNewswire/ — Movieplex.io and Cinema Libre jointly announced the launch of the Movieplex.io Film Collection on OpenSea (set for Friday 6 January 2023. The collection represents the first time in history that feature films will now be available to collectors as an NFT purchase. The Movieplex platform uses Polygon Blockchain technology on the OpenSea NFT marketplace, making it the first fully decentralized platform and allowing anyone to verify the ownership of each NFT movie and create a new NFT movie category on OpenSea.
“NFTs are the future of movie viewing,” said Philippe Diaz, founder and chairman of Cinema Libre Studios. “When someone buys a movie on iTunes or Amazon, they only receive a bound video file. With NFTs, collectors retain an asset that can be resold, while also becoming part of a community. NFTs create a unique link between the filmmaker and their audience, so that the buyer can receive subsequent elements that are also part of the film distributions – such as deleted scenes, interviews with the actors or director, reviews from festivals and more.”
Movieplex and Cinema Libre Studio will initially roll out an environmental documentary, “Phosfate,” followed by another documentary, “Guantanamo Diary Revisited,” and a narrative feature, “From Iceland to Eden,” an Icelandic drug crime drama. The rest of the company’s 100+ film catalog will be available soon after the initial release. Cinema Libre Studio has a 30-year history as an independent mini-studio with production, domestic distribution and international sales divisions.
Movieplex’s technology was developed by the founder Garry Dolley and CEO, Frank Ramos. Ramos has worked as a developer in the mobile movie and music streaming industry for over a decade. As a mobile developer, he has created technology for the biggest film studios, music festivals, brands and top startups. Dolley has worked in the data center for over 20 years and has extensive knowledge of media streaming infrastructure, having served as director of technology for a business unit at The Walt Disney Company.
“Video content is the ultimate Web3 tool. It’s how the next billion people will experience Web3,” said Frank Ramos.
“The distributed file storage architecture of Web3 will break the costs of traditional movie streaming costs and drive centralized bandwidth usage to near zero,” said Garry Dolley. “This will make Web3 movie-streaming business models far more profitable than traditional streaming platforms.”
Go online to view the Movieplex/Cinema Libre collection at OpenSea (https://www.opensea.io/collection/movieplex-io-film-collection).
About Movieplex.io
With headquarters in Austin, Texas with offices in Beverly Hills, California Movieplex.io is a leader in blockchain technology for the film industry. It uses cutting-edge technology on the Polygon blockchain and distributed storage protocols to produce NFTs containing full-length HD movies that can be unlocked on the Movieplex.io website. This is the world’s first film. They will work with Cinema Libre Studio to release a list of over 100 films from their catalog.
Social links:
https://linktr.ee/movieplex
https://www.twitter.com/movieplexfilms
https://www.youtube.com/@movieplexfilms
Movieplex Affiliates
Investor: House Capital by Launch House
Winner: Solana Launch House: Hack House Los Angeles
Alumni: Y Combinator Startup School
Applicant: Andreessen Horowitz a16z Crypto Start-up school
Applicant: Outlier Ventures Polygon Base Camp by Jamie Burke
About Cinema Libre
With headquarters in Burbank, California, Cinema Libre Studio (CLS) is a leader in the production and distribution of independent narrative and documentary films with social issues. Since its inception in 2003, the studio has released over 200 titles and remains at the forefront of the independent film movement by providing the expertise and relationships needed to help filmmakers reach a global audience via all forms of media.
Media contact:
Delfina Massa
1-310-876-2847
[email protected]
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SOURCE Movieplex.io
