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Indie film studios, directors and writers' main obstacle in the film process is capital and I believe the Haracoin opportunity and partnership will be a breakthrough to film projects we will be doing over the next few years." - Lee Baker, Director/Writer - "The Dome".
Haracoin, Inc, a United States based cryptocurrency company, announced at the Sundance Film Festival they will have an Initial Coin Offering (ICO) within the first quarter of 2018. Haracoin plans for its cryptocurrency to be a game changer for indie producers to power feature film development, production and distribution.
In celebration of the upcoming Haracoin ICO, the company gifted some of its cryptocurrency this year at the Music
Lodge Gifting Suite to celebrities at the Sundance Film Festival. Celebrities and producers were gifted over a total of one million Haracoins at the festival. Some of the celebrities that received Haracoins at the Music
Lodge Gifting Suite during the Sundance Film Festival were Jack Black, Jon Hamm, Josh Duhamel, Maggie Gyllenhaal, Angelina Leo, Olga Safari, Simon
Helberg, Garrett Hedlund, Haley Joel Osment, Rupert Everett, Simone
Missick and Ed Oxenbould.
The company has already partnered with indie movie studios for a slate of feature films including powering the funding of "Starlight," a $100 million A-List 3D animated film about angels produced by Utah-based Genesis
" is currently in pre-production and has secured voice talents of John Rhys-Davies (Lord of the Rings) and Larry King (Larry King Live). Other films moving forward with Haracoin are "The Dome," "Crossroads to Shaolin," "Speed of Light," "Lost in Love," a musical based on the greatest hits of Air Supply
and many others.
"Indie film studios, directors and writers' main obstacle in the film process is capital and I believe the Haracoin opportunity and partnership will be a breakthrough to film projects we will be doing over the next few years." - Lee Baker, Director/Writer - "The Dome."
Larry King speaks about HaraCoin, the Sundance Film Festival HaraCoin party and his voice role in the 3D animation feature film "Starlight
" - YouTube Video https://www.youtube.com/watch?v=1H_Nvu5l9Xg&t=5s
About Haracoin, Inc.
Haracoin is a global leader in cyber currency technologies in the emerging markets of blockchain powered cryptocurrency which uses the Ethereum platform. A gold and corporate-backed cryptocurrency with the ability to be used as a medium of exchange worldwide that will bring stability to the growing cryptocurrency financial system. It is headquartered in Orem, Utah, and founded by an experienced technology, entertainment and lifestyles company with connections around the world. Stay connected with HaraCoin at http://www.Haracoin.com
Lodge: The Music
Lodge is one of the longest running celebrity hospitality lounges held during the Sundance Film Festival, which has been in continuous operation with Music
& Media on Main St. since 2004 with many celebrities at Sundance attending each year.
About Cryptocurrencies: Cryptocurrencies started as a digital asset and are designed to work as a medium of exchange that uses blockchain technology to secure it transactions, control the creation of additional units and verify the transfer of assets. They are usually stored in an "e-wallet" online. According to Wikipedia, cyber currency has grown to over $750 billion in investment for the entire marketplace with over 1400 different cybercoins according to Coinmarketcap.com. Celebrities who have gotten into backing ICO's and crypto currencies include Paris Hilton, Floyd Mayweather and Jamie Foxx
and other celebrities are getting involved according to CNBC.com. Lionsgate Studios has also indicated a move toward using Bitcoin as a cryptocurrency for some of their deals according to Steemit.com.