Blockchain
The World’s 1st Blockchain & NFT Backed Film Crowd Funding Platform MContent Secures $5 Mn in Seed Round Led by Gargash Group & Other Investors
MContent raises seed capital from prominent UAE based institutional investors at a $10 Mn pre-money valuation
Dubai, United Arab Emirates–(Newsfile Corp. – January 27, 2022) – Launched in July 2021, MContent is an eco-system that enables crowd funding of film production and capital-intensive content creators using Cryptocurrency and NFTs. Since July, the platform has now funded 11 prominent film projects across four continents of the World. The company has recently completed its Seed funding round at a valuation of over $10 Mn raising almost $5 Mn from prominent institutional investors in the UAE.
Figure 1: The World’s 1st Blockchain and NFT Backed Film CrowdFunding Platform secures $5 Mn in seed round led by Gargash Group and other investors
The most notable investment came from Gargash Group – one of the leading business conglomerates in UAE, having a strong presence within the automotive, real estate and financial services sectors. Daman Investments, which is amongst the leading non-banking financial services entities in the region; was the lead advisor and the most prominent pre-seed investor in MContent. Other institutional investors participating in the recently concluded round included DIFC based firm Fiducia Capital as well as Planet N Investments from UK (a global fintech startup investment fund).
MContent has already funded 11 production projects including the extremely popular documentary film on the El Savador’s Bitcoin Revolution. The film is set to be released on Insight TV next month, a global factual entertainment platform headquartered in Netherlands that has access to 200 Mn Households. Thereafter, MContent also partnered with Insight TV to co-produce an entire “Blockchain Life” series which is already sought after within the leading OTT platforms of the World. MContent became the first blockchain company in the World to successfully mint and market BTS NFTs which essentially meant the “Behind the Scenes / Bloopers” of the entire film minted as exclusive access NFTs on the blockchain.
The independent film makers who have successfully acquired funding for their film projects through MContent are scattered across four continents of the World including successfully concluded projects in deserving markets like South America, Africa and South-East Asia. The largest markets are also fully covered as the soon to release project titled, “The Ripple Vs SEC Saga” has been filmed in the United States – a documentary on the biggest case in the history of crypto, featuring prominent individuals related to the case like John Deaton & Ben Armstrong, as well representatives from the regulators and investors. The trailer of this upcoming thriller has already attracted millions of views on social media given the popularity of the subject and the quality of the production. Also a recent trailer on the first ever animated series in the crypto space titled “Alex Got Rekt” has got audiences waiting for another blockbuster release by MContent. A production titled “The unexpected rise of Binance,” featuring the CEO of one of the biggest crypto trading platforms is also a popular product in the works that has been funded through the MContent Eco System.
Earlier MContent also announced a “friends”-like comedy sitcom series called Wein Lambo which is being currently shot and produced in the metropolitan city of Dubai.
Figure 2: In the above picture: Founding members of MContent
In February 2022, MContent is launching the first of its kind – fully monetized content consumption platform by the name of MBrowse in order to encourage hyper inflated earnings for content creators as well as viewers. The users on the platform will receive various rewards in the form of MContent’s native digital currency for their contributions to the platform. The native token of MContent is currently trading at a Marketcap of $28 Mn on more than 6 centralized and decentralized exchanges.
MContent has also entered the metaverse and is about to launch exclusive VR screening tickets for their upcoming film launches through NFTs which will bring audiences into an environment that is termed as the Cineverse by the MContent Team.
Commenting on the successful capital raise, Umair Masoom, Founder of MContent said that, “The independent film makers and content creators across the globe have always struggled to raise funding through a structured platform & MContent has successfully championed a scalable solution to fill this gap. The real power of the blockchain technology, tokenization and NFTs lies in use cases that are asset-backed in structure, which solve real world financial problems rather than speculation-based offering of non-utility crypto assets or non-fungible tokens in the name of defi & digital art. On behalf of the team, I am grateful to our investors and partners who have believed in the eco system which will revolutionize the global content landscape in the years to come.”
Media Contact
Company Name :- MContent
Email Id :- [email protected]
Company Website :- https://www.mcontent.net/
PR Contact –
Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
Blockchain
CoreNest Capital Announces Strategic Investments in SpaceX, CTGT, Open Clinic, Asha Health, CollectWise, Curo, Hybrd, and Study Dojo
OpenAI, xAI, SpaceX, Weave Robotics, Blaze Payments, Domu AI, Phonely AI, Andromeda Surgical, Texture Capital, Artisan AI, Piramidal,Avatar Medical, OpenCall, Fleak AI, Algorized, itsElectric, Dili, CTGT, Open Clinic, Asha Health, CollectWise, Curo, Hybrd, Study Dojo, Sologenic, Coreum, Pulsara
Blockchain
The World Market for RegTech 2025-2030: Growth Trends, Industry Chain Analysis, Regional Insights, SWOT Analysis and Market Shares of Leading Players – Thomson Reuters, Deloitte, PwC, Accenture, IBM & More
-
Blockchain6 days ago
Pelican AI and Christie Capital Announce Launch of Brokered Financing
-
Blockchain Press Releases5 days agoBybit: A Global Favorite Among Full-Time and Professional Traders and the World’s Second-most popular Crypto Exchange
-
Blockchain Press Releases7 days ago
HTX Achieves 100% YoY Trading Volume Growth to $2.4 Trillion in 2024, Powers User Growth to Over 49 Million
-
Blockchain6 days agoBlocks & Headlines: Today in Blockchain (BubbleMaps, Pantera Capital, Week 2025, FP Complete, FP Block, Bybit, FarmX)
-
Blockchain Press Releases4 days agoThe Moskowitz Law Firm, PLLC Announces Preliminary Approval of a Proposed Class Action Settlement on Behalf of Purchasers of Astrals Non-Fungible Tokens and Galaxy Tokens
-
Blockchain5 days ago
Sportsbet.io Becomes New Title Partner of Snooker’s Players Championship, Tour Championship and Champion of Champions
-
Blockchain7 days ago
io.finnet and Cede Labs Partner to Transform Multi-Exchange Portfolio Management for Institutions
-
Blockchain Press Releases6 days agoBybit & SignalPlus Unveil the 100,000 USDC Global Trading Showdown
