A brand new sequence about blockchain challenge Dragonchain is premiering on Discovery, and it’s been totally financed with $1 million in crypto.
Manufacturing home Imaginative and prescient Tree Media stated Friday that its new “Open Source Money” documentary sequence, which is able to monitor crypto challenge Dragonchain, would debut on Discovery Science, a U.S. TV channel run by Discovery Inc., who additionally owns the Discovery Channel.
Whereas the five-part sequence, scheduled to begin July 4, will focus on Dragonchain, Imaginative and prescient Tree added that it’ll achieve this in opposition to the backdrop of the broader cryptocurrency trade. The agency namedropped Patrick Byrne, Brock Pierce, in addition to firms like Fb and Disney, as the large names interviewed for the sequence.
On its web site, the corporate says “the successful launch of the Open Source Money series is critical because it will help put cryptocurrency and blockchain technology on the map, as well as in the hands of more people passionate to make a change in the world.”
“The limited documentary series features the untold, heroic story of Dragonchain,” gushes the press launch. A spin-out from Disney, Dragonchain permits enterprise customers to securely retailer information on a blockchain. It raised greater than $13.7 million in a sale of its DRGN token in late 2017.
A trailer for the brand new sequence exhibits one of many documentary’s important themes is the darkening regulatory atmosphere towards crypto initiatives within the U.S. Again in 2018, Dragonchain compelled one among its affiliate initiatives to return investor funds – however didn’t say why.
A Imaginative and prescient Tree spokesperson didn’t say when requested why the sequence targeted particularly on Dragonchain.
When Fintech Zoom requested how the sequence was funded, Imaginative and prescient Tree stated the million-dollar price range got here from its personal “Coiin” cryptocurrency.
The DRGN token has been languishing not far above document lows for over a 12 months, following an early post-ICO spike to just about $5 in 2018. Costs at press time have been slightly below 1 cent per token.
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