THE XMP PLATFORM AND WORLDWIDE FILMAKING CURRENCY WILL SOLVE SOLUTIONS FOR FILM INDUSTRY SHORTCOMINGS

X Motion Pictures filmmaking platform was created out of frustration and a necessity to enhance how the film industry economy is currently operating with technology on an international scale. Streamlining key film business elements by integrating blockchain technology in a user-friendly platform, can decrease time and cost for filmmakers, investors, studios and corporations.
The global filmmaking industry has been hindered with many costly and time-consuming inefficiencies including:
- Legal and Accounting Costs
- Co-production and Co-finance treaties
- Banking and international transfers
- Film investment structures and strategies
- Film Piracy
The XMP platform strives to provide easy and equitable solutions for the current shortcomings of the film industry by:
- Building a shared decentralized filmmaking platform with utilities in legal, accounting and finance administration for film production.
- Integrating an international filmmaking currency with secure and quick transactions for online videos, film and television.
- Streamlining traditional filmmaking legal processes by offering smart contract and extended contract templates to expedite XMP transactions.
- Restructuring traditional filmmaking accounting processes by securely maintaining transaction records, automated technology for budgets, bookkeeping, tax management, project reporting, auditing, government treaties and producer offset.
- Offering smart contract templates, extended contract templates and access to strategic alliance partners to facilitate arrangements regarding film investment structures.
- Streamlining film finance structures and co-production strategies for investors, governments, companies and filmmakers internationally.
- Offering investor and financial management tools for producing film projects, online videos, wealth creation and trading.
- Scaling back traditional filmmaking banking costs, currency exchange expenses, company, trust and offshore structures.
- Allowing users to upload film projects for investment opportunities.
- Adopting security measures to ensure safer transactions over the internet, enhancing internationalization.
- Utilizing the immutable and secure blockchain technology to mitigate piracy.
Learn more: www.xmotionpictures.io
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