Phillip cooperates with Securitize Japan to issue tokenized securities! Allow retail investors to participate in Sony film 'Treasure Island'

This site (120bTC.coM): Through blockchain, ordinary people can now invest in movies! According to foreign media "LedgerInsights" reported yesterday (12th), Singapore-based securities firm Phillip Securities (Phillip Securities) announced that it will cooperate with a blockchain technology company after investing in the movie "HERO'S ISLAND" produced by Sony. Securitize Japan collaborates to issue a security token that allows investors to invest in the film through this digital security.

Token issuance will be launched next week

It is understood that the movie is scheduled to be released in 2025, and token issuance will be launched on the chain next week. For investors, they can first enjoy a share of the film's revenue (part of the box office revenue), including theatrical distribution, audio-visual and broadcast sales, value-added bonuses, etc. They may also have the opportunity to participate in additional shots, attend the film premiere, and receive promotional posters , even adding his name in the end credits.

However, the amount of tokens issued this time is small, only 100,000 yen. It is not yet certain whether they will issue additional tokens in the future.

The movie "Treasure Island" was adapted from the Naoki Award-winning novel, starring Satoshi Tsumabuki, Suzu Hirose, Masataka Kubota and other well-known Japanese actors

Phillip Securities: The way film production has changed

In this regard, Phillip Securities stated that the motivation for this issuance of tokenized securities to allow investors to participate in film investment is that they believe that the way films are produced has changed: producers and ordinary consumers can jointly create and cultivate films.

At the same time, it can also be seen that blockchain technology is not only expected to change the traditional financial lifestyle, but can also be applied to real-life activities such as film investment and distribution. In addition, if such a movie distribution method is used, it would also be a good thing to refer to the DAO organization in the Web3 world, allowing token holders to participate in voting and decision-making, and choose movie casting, promotion methods, etc.

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