MovieBloc MBL coin issuance price

MovieBloc's native token MBL was initially issued at $0.02 per token, raising over $5 million for the blockchain-based film industry platform.

Dec 29, 2024 at 12:33 am

MovieBloc MBL Coin Issuance Price

Key Points:

• MovieBloc is a blockchain-based platform for the film industry.
• MBL is the native token of the MovieBloc platform.
• MBL was issued at a price of $0.02 per token.
• The token sale raised over $5 million.
• MBL is used to power the MovieBloc ecosystem, including content creation, distribution, and monetization.

Issuance Details

• Issuance Price: $0.02 per token
• Token Sale: Over $5 million raised

• Token Distribution:

  • 50% sold in the public token sale
  • 30% reserved for the team and advisors
  • 20% allocated for ecosystem development

Tokenomics

• Token Name: MovieBloc Token (MBL)
• Token Type: ERC-20
• Total Supply: 1 billion tokens
• Circulating Supply: 500 million tokens

• Utility:

  • Used to create and distribute content on the MovieBloc platform
  • Used to purchase goods and services within the MovieBloc ecosystem
  • Used to reward users for their contributions to the platform

Use Cases

• Content Creation: MBL can be used to create and distribute films, TV shows, and other video content on the MovieBloc platform.
• Content Distribution: MBL can be used to distribute content to audiences around the world.
• Content Monetization: MBL can be used to monetize content through subscription fees, pay-per-view, and other methods.
• Ecosystem Development: MBL can be used to fund the development of the MovieBloc platform and ecosystem.

Future Outlook

The future outlook for MBL is positive. The MovieBloc platform has a strong team of experienced professionals with a proven track record in the film industry. The platform has also partnered with a number of leading companies in the entertainment industry, including Warner Bros., Universal Pictures, and Sony Pictures.

As the MovieBloc platform continues to develop, the demand for MBL is expected to increase. The token is used to power all aspects of the platform, making it essential for users who want to create, distribute, or monetize content.

FAQs

Q: What is MovieBloc?
A: MovieBloc is a blockchain-based platform for the film industry. The platform allows users to create, distribute, and monetize content.

Q: What is the purpose of MBL?
A: MBL is the native token of the MovieBloc platform. It is used to power all aspects of the platform, including content creation, distribution, and monetization.

Q: How much was MBL issued for?
A: MBL was issued at a price of $0.02 per token.

Q: How many MBL tokens are in circulation?
A: There are currently 500 million MBL tokens in circulation.

Q: What is the future outlook for MBL?
A: The future outlook for MBL is positive. The MovieBloc platform has a strong team of experienced professionals with a proven track record in the film industry. The platform has also partnered with a number of leading companies in the entertainment industry, including Warner Bros., Universal Pictures, and Sony Pictures.