Crypto

Klapcoin, a cryptocurrency to invest in French cinema

(ETX Daily Up) – A new coin is hitting the cryptocurrency market. Klapcoin allows you to invest in French movies and series. This digital currency could well become an alternative to traditional financing methods for certain conventional series.

A new cryptocurrency is entering the market with Klapcoin, intended to finance series or movie projects on the big screen. It will be launched in January 2022 and its price is currently around 10 euro cents. Around twenty films could be financed through this cryptocurrency, including popular genres such as comedies, action films or thrillers. A good way to compensate for the fall in public aid from the CNC or television channels and to expand investment opportunities for private funds.

This project was carried out by the Diversité du Cinéma Français (DCF) production company founded by Sarah Lelouch, daughter of director Claude Lelouch. Evocative names that give legitimacy to this cryptocurrency for potential investors. On the occasion of the creation of this coin, an ICO – for the Initial Coin Offering, more commonly a fundraiser – will aim to raise from 2 to 8 million euros. Exaion, an EDF subsidiary specializing in blockchain and high-performance computing, will be in charge of the technical part. Now you need to choose the exchange protocol between Ethereum or Thesis. These protocols are actually the rules chosen by the creator to exchange their coins safely.

Reward system

Like any cryptocurrency, Klapcoin will allow its buyers to get some advantages thanks to “Lux”, a reward system. For example, users can choose a movie poster or even its title. Some previews or even meetings will also be available. To stabilize this cryptocurrency and not suffer from market turbulence, the value of Klapcoin is indexed to the earnings of the DCF company. It would not be surprising to find NFTs associated with the release of the movies at some time.

Before being able to support the project, it is necessary to wait until December 15 to meet the committee in charge of the selection of cinematographic projects. Finally, at the beginning of January it will be possible to invest through these famous Klapcoin.

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