NFT Evening NFT Evening
    Facebook Twitter Instagram Reddit
    NFT Evening NFT Evening
    • News
      • Collectibles
      • Crypto Art
      • Blockchain games
      • Metaverse
      • Music
      • Interviews
    • Guides
      • Top NFT Projects
      • Top Blockchain Games
      • NFT Marketplaces and Tools
    • Learn here!
      • What is an NFT?
      • How to keep your NFTs safe
      • NFT Glossary
    • NFT Calendar
      • NFT Drops
      • NFT Conferences
    NFT Evening NFT Evening
    Sponsored Content

    Home » News » Film Company Kinoapp.xyz Announces Launch of Founding Membership

    Film Company Kinoapp.xyz Announces Launch of Founding Membership

    By Janelle BorgSeptember 7, 20222 Mins Read

    Kinoapp.xyz, a web3 film company that democratizes film and protects artists’ rights, has just announced the launch of its founding membership on 7 September 2022. What makes Kinoapp.xyz or “Kino” stand out from the crowd is the fact that it allows anyone to invest in Hollywood movies. Moreover, it ensures that creators receive proper compensation. Undoubtedly, Kinoapp.xyz will help push the envelope in the film industry with the launch of its founding membership programme. 

    Daril and Austin from kinoapp.xyz at ETH Barcelona
    Co-founders Austin Worrell(left) & Daril Farrin (right)

    About Kinoapp.xyz’s Founding Membership Programme

    On September 7, 2022, Kino will release 1,000 memberships, where users will be given whitelist access and priority for all future opportunities. Founding members will be invited to the annual Kino Party. Among its attendees, the party will include celebrities, industry professionals, financiers, and other film lovers. The Founding Membership will also offer many perks. These include surprise invitations to online and IRL events, special merchandise and much more.

    Kinoapp.xyz’s economic model creates an opportunity for Founding Members to have lifetime access to physical and digital art from movie sets, as well as exclusive online and IRL experiences. In addition, they will be given the opportunity to invest in Hollywood productions with Oscar, Emmy and Golden Globe-winning and nominated talent.

    How is this web3 film company protecting the rights of film and TV workers?

    According to Kinoapp.xyz, many artists still struggle in a $212 billion industry. There is a process by which studios and corporations can swindle billions of dollars called “Hollywood Accounting.” This reduces the amount the company must pay in taxes and royalties or other profit-sharing agreements. 

    According to Kinoapp.xyz’s co-founder Daril Fannin, Hollywood Accounting is a persistent problem that is rarely discussed. This practice affects films of all sizes. He pointed out that Lord of the Rings, which had a $281 million budget, grossed $6 billion globally. However, the studio reported a horrendous loss. This meant director Peter Jackson did not receive the 7.5% royalties he was owed.

    Kinoapp.xyz, therefore, aims to protect artists’ rights. By doing so, the team hopes to make film and television more equitable for all. The Kino Founding Membership is a clear step forward to bring about a paradigm shift in a traditional industry via Web3. Keep up to date with all the exciting updates Kinoapp.xyz has in store via the project’s official Instagram and Twitter. 

    Join Our New "To The Moon" daily Newsletter

    Get our free, 5 minutes daily newsletter. Join 25,000+ NFT enthusiasts & stay on top 👊🌚

    Thank you!

    You have successfully joined our subscriber list.

    .

     


    All investment/financial opinions expressed by NFTevening.com are not recommendations.

    This article is educational material.

    As always, make your own research prior to making any kind of investment.

    Previous ArticleSUPERF3ST: The First Web3 Festival From Superfly and Velvet Sea Ventures
    Next Article Bali NFT Week Organizers Accused Of Fumbling $50k Investment
    Janelle Borg
    • Website

    Janelle is a freelance content writer with a passion for all things related to music, marketing and tech. She looks forward to bringing you more news relating to the fast-paced world of Crypto and NFTs from her home office in Brighton.

    More great NFT Evening content:

    ToastPunk Launches Crypto Toast and Becomes a Binance Partner

    February 1, 2023

    The North Apes NFTs Mix South Park Vibes With Web3 Utility

    January 31, 2023

    GEN-X NFTs: The ’80s-Themed Collection Designed for an Entire Generation

    January 25, 2023

    TT, Guardian Of Web3, Just Landed On Earth To Create NFTTCity

    January 20, 2023

    ContactOut Email Finder: A Must-Have for Online Professionals

    January 2, 2023

    Football Ape Fan Club: The Legendary Football NFT Collection

    December 19, 2022

    Red Bull Racing x Bybit: How Formula 1 and NFTs Came Together

    December 16, 2022

    Explore AMC’s “Interview With The Vampire” Series In An All-New NFT Experience!

    December 6, 2022
    Latest NFT News

    Proof Collective’s Ex-COO Ryan Carson Accused of Unethical Dealings with Flux Fund Announcement

    February 6, 2023

    Rug Radio x Cory Van Lew PFPs are Minting Today!

    February 6, 2023

    NFT Market Makes a Comeback with $945 Million in January Sales

    February 6, 2023

    World of Women’s Artfest Starts Today With ‘Artfest Winter’

    February 6, 2023

    Alo Yoga Offers Free ‘Digital Twin’ NFTs for Aspen Collection Buyers

    February 6, 2023

    Takashi Murakami x Hublot Drop NFTs Linked To Physical Watches

    February 6, 2023

    Louis Vuitton x Yayoi Kusama To Drop 10,000 NFTs

    February 6, 2023

    Are These NFT Twitter Accounts Liking Your Posts? It’s a scam!

    February 6, 2023
    Get The FREE Exclusive Report
    CLICK HERE

    NFTevening is the biggest website for NFT news. We cover; breaking news, upcoming mints, plus, interviews with top NFT artists and projects. Put simply, we are the best place for new and experienced non-fungible token fans — making content fun & accessible

    Privacy policy
    Terms and conditions

    Article Categories
    • Blockchain games
    • Collectibles
    • Crypto Art
    • Guides
    • Interviews
    • Metaverse
    • Music
    • News
    • NFT Marketplaces and Tools
    • Sponsored Content
    • Top Blockchain Games
    • Top NFT Projects
    NFT Calendar
    • Today’s NFT Drops
    • Upcoming NFT Drops
    • Solana NFT Drops
    • NFT Calendar
    • NFT Calendar : Add Your NFT Event
    Get In Touch
    • Advertise (Media Kit)
    • Collaboration and Press Releases
    • Job Opportunities
    • About Us
    • Contact Us
    NFT Beginners Guides
    • How to Sell NFT Art
    • How to Create NFT Art
    • How to Display NFT Art
    • How To Make Passive Income With NFTs
    • Best Crypto Wallet
    • Best NFT Coins
    • Best NFT Rarity Tools
    • What is a DAO ?
    • What Are Crypto Gas Fees ?

    Type above and press Enter to search. Press Esc to cancel.