Sharknado Co-Creator and Snowpiercer Producer Launch New Token $FLIX to Revolutionize Indie Film

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Los Angeles, United States, 1st June, 2022, Chainwire

Veteran Hollywood filmmakers Ben Rosenblatt and Micho Rutare launch $FLIX, a novel crypto-token, in order to reinvent how independent films are financed, produced, and distributed. 

Their company American Meme will leverage $FLIX to raise capital for a slate of indie films that appeal to both film and crypto enthusiasts. A fee on each transaction goes directly to a “film wallet,” and the team has committed to investing 75% of film wallet funds in production and only 25% in marketing and publicity. Profits from film sales, distribution, and licensing will be used to buy back $FLIX, which will make the token deflationary, in order for its relative value to continually increase.

In addition, token holders will receive exclusive access to cast and crew chats, behind-the-scenes invites, votes on creative decisions, premiers and parties, and provide input on the film slate. The founders envision a growing, robust community of crypto and film enthusiasts who can invest in indie filmmaking both financially and creatively. 

“Hollywood is once again evolving and the most powerful voices can come from outside the town. The filmmaking and crypto communities are incredibly engaged and powerful. We want their help in creating the next hit movie,” says co-founder Ben Rosenblatt, a producer of Snowpiercer, Star Wars and Star Trek films and series. “We want to foster the next great wave of popular, original independent cinema. We’re tired of corporate gatekeepers determining what movies get made. It’s time for a shift, and we think these new cryptocurrencies and blockchain technologies are the keys to