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MovieBloc is a platform that aims to decentralise the film industry. The platform runs on the Ontology blockchain and has been designed for all film distribution participants including content creators, consumers, translators, designers, curators and reviewers. The project was launched in 2019 from South Korea with the intention of creating a transparent revenue stream and equal opportunity for content creators. According to MovieBloc’s whitepaper, content creators are guaranteed up to 90% of the revenue they generate. The platform holds a partnership with KMPlayer, a video playback software with 20 million active monthly users. There are 3 key elements that compose MovieBloc. These are Bloc, Market and Fundraising. Bloc acts as the decentralised layer for communicating with participants. Market is where content can be exchanged and traded. Fundraising is the layer that provides incentives to participants. MBL is the native cryptocurrency of the MovieBloc platform. The primary use case of the MBL token is to pay for services. A user must also hold a certain amount of MBL in a wallet to secure voting rights at PICK, which is an event that allows users to vote for the curation of high-quality movies.
MovieBloc (MBL) is the 880th largest cryptocurrency in the world by market cap, valued at $21,985,370. The current price of MovieBloc is $0.00619829, which is -11.324% lower than yesterday. Prices have ranged between $0.00704498 and $0.00616788 over the past 24 hours. All prices are listed in US dollars and accurate as of January 21, 2022 03:01 UTC.
| Coin symbol | MBL |
|---|---|
| Coin Marketcap | US$21,985,370 |
| Total MBL supply | 30,000,000,000 |
| Circulating MBL | 3,528,314,334 |
| Current price | US$0.00619829 |
| All time high | US$0.0450322 |
| All time high date | April 02, 2021 |
Historical prices compared with the price of US$0.00619829.
| 1 hour | 0.00% |
|---|---|
| 24 hours | -11.32% |
| 7 days | -17.33% |
| 14 days | -24.33% |
| 30 days | -28.65% |
|---|---|
| 60 days | -46.37% |
| 200 days | -25.96% |
| 1 year | 266.46% |
Disclaimer: Cryptocurrencies, including MovieBloc, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of MBL is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the MovieBloc or any other cryptocurrency discussed.