MovieBloc (MBL) is a decentralized platform that's revolutionizing the film industry by leveraging blockchain technology. Founded by Peter Kim, it originated from the Korean video streaming platform Pandora.tv and aims to empower creators and offer viewers more control over their content choices ¹.$MBL
*Key Features:*
- _Decentralized Movie Distribution_: MovieBloc allows filmmakers to showcase their work, breaking free from traditional media conglomerates.
- _Transparent Revenue Sharing_: Creators receive fair compensation for their content.
- _Community Engagement_: Viewers can contribute subtitles, marketing materials, and more, and get rewarded for it.
*Token Information:*
- Symbol: MBL
- Market Cap: $51 million
- Circulating Supply: 17.975 billion MBL
- Total Supply: 30 billion MBL ¹
*Real-World Applications:*
- Independent filmmakers can reach a broader audience.
- Viewers can access diverse films and content.
- Community-driven curation and review systems.
*Recent Developments:*
- MovieBloc has transitioned to the Ontology mainnet, enhancing its blockchain capabilities.
- Acquired Cobak, a Korean crypto community service, and established MBL Media for content IP development.
*Current Status:*
- Ranked #547 cryptocurrency by market cap.
- Price: $0.002838 USD, with a 24-hour trading volume of $5,680,929 USD ¹.
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