MoviToken, with ticker MOVI, is an ERC20 + VERIFIED community cryptocurrency that has been specifically developed to cater to the needs of the independent film community. It allows producers to trade MoviToken for time and services with talented individuals and crew members who can later exchange their tokens for Ethereum (ETH), which can then be further converted into USD, BTC, or other altcoins or tokens. Meridian0x is the platform where users can conveniently trade MOVI tokens.
MoviToken serves as a community currency in the independent film industry, offering a solution to the common issues of „low/no pay“ and „deferred“ agreements. With MoviToken, everyone involved in a production can receive fair compensation for their time, services, and talent, ensuring that the reliance on limited USD (fiat) is no longer necessary.
Created to address the funding gap in the indie film world, MoviToken is a basic utility token smart-contract that operates on the Ethereum Blockchain. By leveraging the power of blockchain technology, MOVI provides a transparent and secure platform for financial transactions within the independent film community.