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Revolutionizing the Film Industry Through Blockchain
Mogul has officially completed its IDO and token listing. Establishing a strong foundation in film and entertainment through innovative blockchain technology, Mogul is disrupting the industry by empowering a community-driven ecosystem, offering fans ownership opportunities, exclusive behind-the-scenes experiences, and deeper engagement with their favorite filmmakers and actors.
TORONTO, ON / ACCESSWIRE / July 19, 2024 / Mogul Productions has completed its IDO round on Kommunitas, Spores Network, Huostarter, and Matic Launchpad. The completion of the IDO on these launchpad platforms not only led to the successful listing of the $MOGUL token, but also showcased the overwhelming support from our vibrant community and enthusiastic fans. This significant milestone demonstrates Mogul Productions’ unwavering commitment to revolutionizing film and entertainment with advanced blockchain technology. With a solid foundation now in place, Mogul Productions is poised to open up unparalleled opportunities, making the film industry more accessible and rewarding for all participants.
Mogul Productions uniquely combines filmmaking and blockchain technology. With over 50,000 users and a team that has over 110 years of collective filmmaking experience, Mogul Productions has achieved remarkable success with its films, grossing $425 million at the box office and winning 4 Oscars, 1 Emmy, and 3 Golden Globes. Mogul Productions empowers everyday people to invest in films and participate in the decision-making process.
Owning $MOGUL tokens comes with a variety of benefits, including voting rights that allow holders to participate in the decision-making process for film projects, ensuring the community has a say in which films get funded. Token holders enjoy a 5% discount on NFT purchases and reduced market fees for both buyers and sellers. Additionally, they earn rewards from the profits of funded films, with 50% of profits shared with $MOGUL holders, and can participate in NFT farming to earn exclusive NFTs by staking their tokens. Additionally, $MOGUL holders gain exclusive access to special events, behind-the-scenes content, sneak peeks of upcoming films, and unique experiences and perks available only to them.
$MOGUL tokens have extensive functionality, allowing holders to directly invest in film projects via the Mogul platform, contributing to the production and distribution of films. Token holders can also participate in the decentralized governance of the platform, influencing key decisions and strategic directions via quadratic voting, ensuring fair and proportional representation. $MOGUL tokens can be used to buy and sell NFTs on the Mogul marketplace, benefiting from seamless integration with popular NFT platforms such as Opensea and Rarible for increased liquidity. Additionally, holders can stake their tokens to earn additional tokens or exclusive NFTs and participate in farming contracts to maximize returns and obtain unique collectibles. The tokens also provide access to various platform features, including the NFT launchpad, smart wallet, and in-app streaming, and can be leveraged for a wide range of entertainment-based NFT drops and campaigns.
Mogul Productions stands out for its unparalleled transparency and user engagement. Leveraging blockchain technology, Mogul ensures that every transaction and investment is recorded and accessible, allowing users to track how funds are allocated and spent. This open approach is a stark contrast to traditional film financing, which is often secretive and exclusive. Additionally, Mogul strengthens its community by allowing fans and token holders to participate in the decision-making process by voting on which film projects to fund. This not only democratizes filmmaking, but also fosters a strong sense of community and engagement among users.
Additionally, the Mogul team has over 110 years of combined filmmaking experience, with their projects generating significant box office revenue and prestigious awards such as Oscars, Emmys, and Golden Globes. The platform also supports Ethereum and Binance Smart Chain, offering users flexibility, lower transaction fees, and faster processing times. Mogul’s integrated NFT marketplace allows users to buy, sell, and auction NFTs, with improved liquidity through integration with popular platforms such as Opensea and Rarible. These features, combined with exclusive access to content and special rewards for $MOGUL token holders, make Mogul Productions a disruptive force in the film and entertainment industry.
In a remarkable display of market confidence and investor interest, Mogul Productions successfully raised over 65% of its targeted funding within the first 6 hours of launching across multiple launchpad platforms. This rapid fundraising underscores the strong community support and reflects the excitement around Mogul Productions’ mission to reinvent film production and distribution through active community participation and its team of film production experts.
Following the launch of the IDO and token, Mogul Productions aims to revolutionize film financing by integrating blockchain technology, providing a transparent and participatory platform for both investors and fans. By democratizing the filmmaking process, Mogul seeks to make it more accessible and profitable for a wider audience. Additionally, Mogul Productions is strategizing to enhance its token purchasing power by bringing more films to the platform, thereby increasing the variety and attractiveness of investment opportunities for its community, further driving engagement and growth.
About Mogul
Mogul Productions, founded in 2016 and launched in 2018, is at the forefront of bridging the film industry with blockchain technology. The innovative platform boasts over 50,000 users and is revolutionizing film financing and production by harnessing the power of NFTs and decentralized finance (DeFi). With an experienced team whose credentials include over 110 years of experience, contributions to over 95 feature films, and a combined box office gross of over $425 million, Mogul is a leader in its field. The team’s expertise is recognized through numerous awards, including 4 Academy Awards from 7 nominations, an Emmy Award, and 3 Golden Globes. Mogul Productions empowers film enthusiasts, creators, and investors to actively participate in the filmmaking process, democratizing the industry and improving fan engagement.
For further information, please contact:
Name: Matt Gigault
Email address: [email protected]
Company Name: Mogul Productions
Country and city: Toronto, Canada
Website: www.mogulproductions.com
SOURCE: Mogul Productions