Mogul has officially completed its IDO and token listing. Establishing a robust foundation in film and entertainment through innovative blockchain technology, Mogul revolutionizes the industry by empowering a community-driven ecosystem, offering fans ownership opportunities, exclusive behind-the-scenes experiences, and enhanced engagement with their favorite filmmakers and actors.
TORONTO, ON / ACCESSWIRE / July 19, 2024 / Mogul Productions has completed its IDO round on Kommunitas, Spores Network, Huostarter, and Matic Launchpad. The IDO completion on these launchpad platforms not only led to the successful listing of the $MOGUL token but also showcased the overwhelming support from our vibrant community and enthusiastic fans. This significant milestone demonstrates Mogul Productions' firm commitment to revolutionizing film and entertainment with advanced blockchain technology. With a strong foundation now in place, Mogul Productions is set to open up unparalleled opportunities, making the film industry more accessible and rewarding for all participants.
Mogul Productions uniquely combines film and blockchain technology. With over 50,000 users and a team boasting 110+ years of collective filmmaking experience, Mogul Productions have achieved significant success with its movies, grossing $425 million at the box office and earning 4 Oscars, 1 Emmy, and 3 Golden Globes. Mogul Productions allows ordinary people to invest in films and participate in the decision-making process.
Holding $MOGUL tokens offers a range of benefits, including voting rights that allow holders to participate in the decision-making process for film projects, ensuring the community has a voice in which films get financed. Token holders enjoy a 5% discount on NFT purchases and reduced marketplace fees for both buyers and sellers. Additionally, they earn rewards from the profits of funded films, with 50% of the profits shared with $MOGUL holders, and can participate in NFT farming to earn exclusive NFTs by staking their tokens. Furthermore, $MOGUL holders gain exclusive access to special events, behind-the-scenes content, early previews of upcoming films, and unique experiences and perks available only to them.
The functionality of $MOGUL tokens is extensive, allowing holders to invest directly in film projects through the Mogul platform, thereby contributing to the production and distribution of movies. Token holders can also participate in the decentralized governance of the platform, influencing key decisions and strategic directions through quadratic voting, ensuring fair and proportional representation. $MOGUL tokens can be used to buy and sell NFTs on the Mogul marketplace, benefiting from seamless integration with popular NFT platforms like Opensea and Rarible for increased liquidity. Additionally, holders can stake their tokens to earn additional tokens or exclusive NFTs and participate in farming contracts to maximize returns and gain unique collectibles. The tokens also provide access to various platform features, including the NFT launchpad, smart wallet, and in-app streaming, and can be leveraged for a wide range of entertainment-based NFT drops and campaigns.
Mogul Productions distinguishes itself through unparalleled transparency and user engagement. By leveraging blockchain technology, Mogul ensures that every transaction and investment is recorded and accessible, allowing users to track how funds are allocated and spent. This open approach contrasts sharply with traditional film financing, which is often secretive and exclusive. Additionally, Mogul empowers its community by allowing fans and token holders to participate in the decision-making process through voting on which film projects to finance. This not only democratizes film production but also fosters a strong sense of community and involvement among users.
Moreover, Mogul's team brings over 110+ years of combined filmmaking experience, with their projects earning significant box office revenue and prestigious awards such as Oscars, Emmys, and Golden Globes. The platform also supports both Ethereum and Binance Smart Chain, offering users flexibility, lower transaction fees, and faster processing times. Mogul's integrated NFT marketplace allows users to buy, sell, and auction NFTs, with enhanced liquidity through integration with popular platforms like Opensea and Rarible. These features, combined with exclusive content access and special rewards for $MOGUL token holders, make Mogul Productions a revolutionary force in the film and entertainment industry.
In a remarkable display of market confidence and investor interest, Mogul Productions successfully raised over 65% of its targeted funds within the first 6 hours of its launch across multiple launchpad platforms. This rapid fundraising underscores the strong support from the community and reflects the excitement around Mogul Productions' mission to reimagine film production and distribution through active community participation and its experienced filmmaking team.
Following its IDO and token launch, Mogul Productions aims to revolutionize film financing by integrating blockchain technology, offering a transparent and participatory platform for both investors and fans. By democratizing the film production process, Mogul seeks to make it more accessible and profitable for a wider audience. Additionally, Mogul Productions strategizes to enhance its token buying power by bringing more movies onto the platform, thereby increasing the variety and appeal of investment opportunities for its community, further driving engagement and growth.
About Mogul
Mogul Productions, founded in 2016 and launched in 2018, is at the forefront of merging the film industry with blockchain technology. This innovative platform boasts over 50,000 users and revolutionizes film financing and production by harnessing the power of NFTs and decentralized finance (DeFi). With a seasoned team whose credentials include over 110 years of experience, contributions to more than 95 feature films, and a collective box office success of over $425 million, Mogul is a leader in its field. The team's expertise is recognized through numerous accolades, including 4 Oscars from 7 nominations, an Emmy award, and 3 Golden Globes. Mogul Productions empowers movie enthusiasts, creators, and investors to actively participate in the filmmaking process, democratizing the industry and enhancing fan engagement.
For more information, please contact:
Name: Matt Gigault
Email Address: Press@mogulproductions.com
Company Name: Mogul Productions
Country and City: Toronto, Canada
Website: www.mogulproductions.com
SOURCE: Mogul Productions
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