The owner of the studio Proxima Media, producer Ryan Kavano raised $ 100 million to create a token Proxicoin. Coinbase Bitcoin Exchange and the Government of Malta are among the investors of the project, writes CCN.
  People who bought this cryptocurrency will be able to participate in the financing of new films, music and television shows.
  The token will be released at the end of 2019 on the Malaysian Fusang Exchange.
 In addition, holders of tokens should become incomplete owners of a new platform for financing entertainment projects Entertainment Stock X (ESX), the launch of which is expected before the end of the year.
It is expected that the platform will annually create at least 600 full-length films and television shows.