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‘Castle’ production company’s new TV crypto comedy to drop an ep as an NFT

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A scripted TV collection that is about crypto — and funded by it — is in growth at Beacon Footage, the unbiased production firm behind “Bring It On”, and fashionable ABC drama “Castle.”

In accordance to Deadline Hollywood, the ten half TV crypto-comedy collection “Hold on for Dear Life” —  a reference of type to the slang time period ‘Hodl’ — goals for principal images to shoot in Puerto Rico from August.

The present, which was created by nameless crypto insider calling themselves ‘Suhh Toshee’, will look to mirror the lives of crypto entrepreneurs, and hopefully be funded by them.  Beacon CEO Mark Pennell, instructed Deadline that:

“Crypto is about community. The show is an extension of that community. So, we embraced the innovation by creating an opportunity for crypto entrepreneurs to participate in a show that reflects many of their own stories.”

The undertaking is elevating funds by way of crypto by tokenizing the earnings on Ethereum, enabling buyers to obtain their share of the proceeds straight to their wallets.

The producers additionally hope to money in on the gold rush round NFT collectibles, with plans to mint a collection of non-fungible tokens, as nicely as launch the first-ever tokenized full episode of a TV present.

The storyline is targeted on Mel, a younger tech founder who launches a token named after her lacking greatest buddy Aveer and units off along with her band of “misfit” pals to make the Aveer token a hit.

“To do so, they must overcome enemies, centralized powers and FUD (Fear Uncertainty Doubt)”

The collection is ready to characteristic cameos from figures within the crypto-world such as billionaire Bitcoin investor Tim Draper, and Crystal Rose, the CEO, and Founding father of Sense.

As blockchain know-how and cryptocurrency proceed to creep their method into mainstream society, the urge for food for crypto-based TV exhibits and flicks is gaining momentum.

Cointelegraph reported on the event of the first-ever Okay-drama crypto-series “Romantic Hacker” in July 2020, which entails a fictional story of a Korean buying and selling change being attacked by hackers.

In October, acclaimed actress Kate Winslet signed on to star in an MGM production portraying the founding father of  the $4 billion OneCoin Ponzi scheme and in February ‘Silk Street’ was launched depicting the lead up to the arrest darknet Silk Street founderRoss Ulbricht.

The story of how the Winklevoss twins turned Bitcoin billionaires was additionally snapped up by Stampede Ventures earlier that yr, and the identical writer that penned it, Ben Mezrich is engaged on a e book and film for MGM and e book that particulars the GameStop saga.

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