The Pitts Family Circus is the first Ethereum financed movie production. The production company aKenEvilThing recently announced their crowdsale of limited 666 evil shares. The independent horrorcomedy about an Australian circus-artist family will be produced from the beginning of early 2017 in Australia and in Switzerland.
The finished film will be presented on several film festivals in 2018. It will find its way to cinemas all over the planet after that and gives a proof of todays effective impact of smart contracts on the real life of people all over the planet.
Movie-afficionados and interested Ethereum investors are now able to invest into the movie production via a simple Ethereum smart contract. By sending Ether (ETH) to the smart contract address Ether holders can buy full shares or fractional parts depending on the amount of sent Ether. As a result of the smart contract, shareholders will get a return on their investment based in Ether. Investors will receive dividends from generated net-profit until the year 2036 on a yearly basis. To save the investors rights, all legal issues are settled on common Swiss law and on smart contracts.
If the movie is successfully, investors can expect a profitable outcome of their investment for the next 20 years, based on the incoming streams of sold tickets, broadcasting and transmission rights, author`s fees, sold soundtracks and other commercial exploration activities. This funny and scary movie promises to bring attention to the Ethereum ecosystem and could act as a long term money-making investment for investing participants.
Details are declared on www.the-pitts-circus.com while Ethereum holders are now able to start investing into the crowdfunded Ethereum financed movie via the following smart contract: 0x0C7c0b72004A7a66fFa780637427fEd0c4FaAc4