MovieCoin Rolls Out ICO for Security and Utility Tokens

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MovieCoin Services Inc., an affiliate of MovieCoin Holdings Inc., has announced the start of the presale for its Moviecoin Utility Tokens effective September 17. MovieCoin is a next-generation financial technology company that is leveraging blockchain technology and digital assets to revolutionize the film and entertainment industry.

With a hard cap of 10,000 BTC, the presale follows the conclusion of MovieCoin’s private sale, which successfully reached the Company’s soft cap of 2,000 BTC. Two billion Moviecoin Utility Tokens will be distributed at 0.11 USD per token from the Cayman Islands. The Moviecoin Utility Tokens are not available for sale in the United States or Canada or to U.S. Persons or Canadian residents.

MovieCoin will accept Ethereum, Bitcoin and BKX tokens for the presale, with the minimum commitment set at 5 BTC or equivalent. Initial buyers of Moviecoin Utility Tokens may also receive up to 25 percent in bonuses. The presale will end on October 30, 2018 at 00:00 PST. MovieCoin is planning a separate offering of MovieCoin Smart Fund (“MSF”) Security Tokens to accredited investors pursuant to Regulation D of the United States Securities Act and National Instrument 45-106 – Prospectus Exemptions.

BKX tokens are issued by BANKEX, a top-20 global financial technology company that is developing MovieCoin’s Proof-of-Asset Protocol. As a variation of the ERC-20 utility tokens attached to Ethereum’s blockchain, BKX tokens will be accepted for the presale with an added five percent bonus rate.

Participants in the presale must complete the Know Your Customer (KYC) process, a standard verification process that prevents capital, or token equivalents, from being used for illicit activity such as money laundering. To participate, please register at www.movie.io

Following the conclusion of the presale, MovieCoin plans to initiate the sale of tokens on November 1, 2018 with no minimum contribution required. The token sale is expected to end on November 25, 2018.

About Richard Kastelein

Founder and publisher of industry publication Blockchain News (EST 2015), partner at ICO services collective CryptoAsset Design Group ($500m+ and 50+ ICOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur.

He sits on the advisory boards of some two dozen Blockchain startups
and has written over 1500 articles on Blockchain technology and
startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat

Ad honorem - Honorary Ph.d - Chair Professor of Blockchain at
China's first Blockchain University in Nanchang at the Jiangxi Ahead
Institute of Software and Technology. In 2018 he was invited to and attended University of Oxford's Saïd Business School for Business
Automation 4.0 programme. Chevalier (Knight) - Ordre des Arts et des
Technologies at Crypto Chain University and on advisory board of Advisory Board Member of International Decentralized Association Of Cryptocurrency And Blockchain (IDABC) as well as Advisory Board Member at U.S. Blockchain Association.

Over a half a decade experience judging and rewarding some 1000+
innovation projects as an EU expert for the European Commission's SME
Instrument programme as a startup assessor and as a startup judge for
the UK government's Innovate UK division. Kastelein has spoken
(keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London (5x), Manchester, Minsk, Nairobi, Nanchang, San Mateo, San Francisco, Santa Clara, Shanghai, Singapore (3x), Tel Aviv, Utrecht, Venice, Visakhapatnam, Zwolle and Zurich

His network is global and extensive. He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe

He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com and his work and ideas have been translated into Dutch, Greek, Polish, German and French.

A journalist by trade, an entrepreneur and adventurer at heart,
Kastelein's professional career has ranged from political publishing to
TV technology, boatbuilding to judging startups, skippering yachts to
marketing and more as he's travelled for nearly 30 years as a Canadian
expatriate living around the world

In his 20s, he sailed around the world on small yachts and wrote a
series of travel articles called, 'The Hitchhiker's Guide to the Seas'
travelling by hitching rides on yachts (1989) in major travel and
yachting publications. 

He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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