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Children of Satoshi first of slate of films headed for Blossom TV platform
LiveTree ADEPT, the world’s first platform for the creation, funding, rights management and distribution of film and TV projects using the blockchain, has announced a partnership with pioneering independent production company The 21 Million Project.
Under the partnership, LiveTree ADEPT, which launches the main ICO (Initial Coin Offering) sale of its digital token Seed on the January 31, will provide The 21 Million Project with a pre-pay-per-view platform for its six-part action-drama Children of Satoshi. Set in the world of cryptography and espionage, the hard-hitting storyline focuses on the rise of cryptocurrencies, and the lengths to which governments and the ‘1%’ will go to stop this dangerously democratic phenomenon.
The feature-length TV series moves into pre-production on February 5. The pilot will be available to view on LiveTree ADEPT’s new channel, Blossom TV, later this year
The 21 Million Project also raised production finance in June 2017 through an ICO for its 21M coin, which has since tripled in value. The fundraise has covered the operational, marketing and infrastructure costs for the pilot of Children of Satoshi.
Children of Satoshi is a world first in that the blockchain is at the core of its development and production structure. Smart contracts will ensure that the entire cast and crew, from director to catering team, will be rewarded with a share of the gross revenue of all future income in perpetuity. All the immediate fees will be funded through the 21M ICO and paid in the relevant fiat currency. Read More Here