BORA’s developer WAY2BIT and Barunson Co., Ltd. signed a MOU for a joint project on ‘blockchain-based movie production investment and OTT platform’.
By establishing a film production investment and OTT platform using blockchain technology, BORA intends to bring transparency to the film production funding, where opaque funds and obscure funding profit distribution were previously pointed out as some of the major problems.
Establishment of a movie production investment platform using the blockchain technology of BORA’s developer WAY2BIT.
Barunson connects potential and creative indie filmmakers with investment funding and supports the production of decent works to be submitted for some of the notable domestic film festivals.
Founded in 1985, Barunson Co., Ltd. is a cultural content company that strives to produce, invest and distribute various cultural contents such as beauty and entertainment, and challenge new genres and lead trends.
BORA ISLAND: https://island.boraecosystem.com
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