Producers can pay talent and crew with MoviTokens. Essentially financing movies on the Ethereum Blockchain. Cast/Crew can later exchange MoviTokens for Ethereum (ETH), then to USD, BTC, or other altcoin or token.
MoviToken is a community cryptocurrency making the days of "low/no pay" and "deferred" agreements a thing of the past. With MoviToken, everyone gets paid! Producers can then use cash for equipment, expendables, etc.
MoviToken was created by indie movie producers to fill a gap in the indie film world - a financing gap. The MoviToken smart-contract, deployed on the Ethereum Blockchain, is immutable. It cannot be "killed".
MoviToken Founder / CEO of Southern Meridian, LLC
Lead Developer - MoviToken/MoviLine