ECONOMICS OF MOVIEBIZ COIN ($MBZ) TOKEN

The economics of MovieBiz Coin describe the token details, utilities, and allocation of the token for various functions such as development and Marketing.

In the MovieBiz Coin ecosystem the major component is the $MBZ token, which is the native cryptocurrency that fuels the ecosystem.

$MBZ is a utility token with many functions within its ecosystem which includes fundraising for films, purchasing of cinema tickets and also users will also be able to stake $MBZ once the option is provided.

$MBZ TOKEN DISTRIBUTION

$MBZ has a total supply is 410 million in which 35% (143.5 Million $MBZ) will be allocated to pool and staking rewards, another 35% (143.5 Million $MBZ) for token sales, 7% (28.7 Million $MBZ) for remuneration for the team to initiate development, 3% (12.3 Million $MBZ) for advisors and deep expertise and lastly, 20% (82 Million $MBZ) for development and marketing.

THE FUNCTIONS OF $MBZ
The funtions or utilities of $MBZ includes;
Buying Movie Tickets
Governance
Providing Liquidity
Fundraising for Films
Staking (soon to be incorporated into the platform)

In conclusion, MovieBizCoin is a decentralized platform that helps independent filmmakers with unique, compelling, and powerful stories as well as make films that contribute to society generate income and also also create a marketplace where all these contents are showcased instantly to a trusted global community of buyers.

To learn more about MovieBiz Coin, visit;
https://www.moviebizcoin.com/

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