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Cryptocurrency News Articles
FFGI Announces FFG Token: A New Chapter in Blockchain-Based Film Finance
Apr 17, 2025 at 12:10 am
Raleigh, United States, April 16th, 2025, Chainwire
Film Finance Group International (FFGI) is venturing into a new chapter with the launch of its ERC-20 utility token, FFG Token ($FFG). Based in Raleigh, NC, FFGI is known for its innovative approach to funding independent cinema.
Announced today, FFG Token is designed to power a transparent, milestone-based ecosystem for film project funding. The token is backed by real-world film budgets and will be governed by community vote, with tokens granting voting rights for upcoming film project selections.
The token is also an asset-backed security, tying the token value to underlying assets and offering greater risk mitigation to participants.
The FFG Token ecosystem is designed around four key pillars:
* Transparency: Open-source code, smart contract audits, and regular reporting to ensure visibility and trust.
* Participation: Token holders vote on film projects, influencing the content queue and engaging directly.
* Interoperability: ERC-20 standard for broad compatibility, and IP NFTs for unique collectability.
* Sustainability: Focused on supporting diverse voices in cinema and promoting inclusive storytelling.
This new model aims to address the trust and transparency issues that often plague independent film finance. By leveraging blockchain technology, FFGI hopes to create a more efficient and equitable system for funding and engaging with film projects.
“We’re bringing together the best in blockchain technology, experienced entertainment industry professionals, and a passion for supporting great storytellers,” said G. David Keaton, Co-Founder and Managing Member of FFGI and a licensed CPA. “Our platform isn’t just about tokenizing investment — it’s about offering visibility, accountability, and participation to our community.”
FFG Token is scheduled to go live in the coming weeks with a capped supply of 1 billion tokens. Backed by a proprietary on-chain accounting system (SPV #2) and a unique SPV #1 for holding and licensing film IP through NFT tokens, the ecosystem is designed from the ground up for both breadth and depth.
“We’ve built what we believe is the most advanced blockchain-native accounting system for film finance,” said Michael Dallas, Development Manager at FFGI and a veteran systems architect. “It’s real-time, rules-based, and ready to be licensed to other studios or industries. The token and the technology work together — but they also stand strong independently.”
The post FFGI Announces FFG Token: A New Chapter in Blockchain-Based Film Finance appeared first on Chainwire.
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