April 5, 2022

#koinfetti Announces New NFT-Independent Film Financing Site – Popkoin.com

(einnews.com)

#koinfetti ANNOUNCES NEW NFT-INDEPENDENT FILM FINANCING SITE POPKOIN.COM Special NFT Collections Will Be Sold On KOINFETTI; Independent Films Will Be FinancedPOPKOIN marries the innovation of NFTs with the creative talents of independent filmmakers. Furthermore, the NFTS to be sold by the KOINCESSION STAND, will stand out from the crowd of other NFTs.”— Peter Sordjan – FounderFORT LAUDERDALE, FL, USA, April 5, 2022 /EINPresswire.com/ — KOIN MARKETPLACE, LLC (“KOINFETTI”), the NFT marketplace of the cryptocurrency (xKN), KOIN, announced today the launch of a transformative new affiliated Web site, POPKOIN.com, which, through its KOINCESSION STAND, will sell special NFT collections on KOINFETTI and will finance independent films.

POPKOIN.com will sell two kinds of NFT collections, KERNELS and POPKOIN TUBS, with the first NFT

drops of each in April 2022. Each KERNEL collection, available through POPKOIN, will be associated with a particular independent film. Purchasers of KERNELS will own the NFTs, and POPKOIN will finance the film from net proceeds to POPKOIN. Prior to the release of the film, the KERNELS will “POP,” meaning that holders of the KERNELS, at that time, will have the option either to “burn” (redeem) the KERNELS in exchange for a percentage of POPKOIN’s share of revenues from the exploitation of the film or to retain the KERNELS, which holders then can continue to consume, including through secondary sales.

POPKOIN will use a portion of the net revenues from sales of POPKOIN TUBS to finance one or more films on the slate of films funded by POPKOIN; holders of POPKOIN TUBS, at the time of distribution of revenues from the exploitation of each film, will be eligible to receive, from #popkoin, as a reward, a percentage of POPKOIN’S revenues from each such film.

POPKOIN will be reserving up to 20% of royalties from secondary sales to share on a pro rata basis with purchasers of NFTs from the KOINCESSION STAND, as a reward.

Independent filmmakers can submit projects for NFT collections and financing by POPKOIN by going to the SCREENING ROOM on POPKOIN.com.

POPKOIN also, in the near future, will be launching PKNGAME (POPKOIN GAME), a game in which thousands of prizes, including many NFTs and special access—even participation—in films financed by POPKOIN, can be won.

About KOIN MARKETPLACE, LLC:
KOIN MARKETPLACE, LLC is a Florida company that provides a different and innovative NFT marketplace, one with a purpose. KOINFETTI provides its members, incubators, and holders of (xKN) KOIN, its affiliated cryptocurrency, benefits and rewards and a real sense of community, keeping users engaged at all times, and does the same for its creators. The company is poised to announce many more inventive features in the very near term.

By: Koin

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2 N.J. Counties Make Pitch for More Film, Tv Productions Using State Tax Credits

(nj.com)

 

Two counties are ready to yell “action” in an effort to attract more lights and cameras to New Jersey.

The South Jersey Film Office Cooperative is launching a campaign to market the region as a premiere destination for film and television production.

The effort is fueled by a state tax credit program that could reimburse up to 35% of the costs spent on services provided by New Jersey businesses. The new office plans to work with the state’s Economic Development Authority and Motion Picture and TV Commission to help promote the development of soundstages and other permanent facilities to continue to grow the industry.

Officials say the effort will create jobs, demand for services and pride from seeing your hometown on big and little screens.

“It’s an effort to create one-stop shopping for potential film producers,” Camden County Commission Director Louis Cappelli, Jr. told NJ Advance Media. “With the tax credits available to the film industry in New Jersey, we want to take every advantage of the opportunity to attract filming here in South Jersey. “We want to try to get as many movies and TV shows produced here in order to attract new business to our communities.”

By: Bill Duhart

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