‘Castle’ production company’s new TV crypto comedy to drop an ep as an NFT

‘Castle’ production company’s new TV crypto comedy to drop an ep as an NFT

A scripted TV series that's about crypto — and funded by it — is in development at Beacon Pictures, the independent production company behind “Bring It On”, and popular ABC drama “Castle.”

According to Deadline Hollywood, the 10 part TV crypto-comedy series “Hold on for Dear Life” —  a reference of sort to the slang term 'Hodl' — aims for principal photography to shoot in Puerto Rico from August.

Our top trading bots

The show, which was created by anonymous crypto insider calling themselves ‘Suhh Toshee’, will look to reflect the lives of crypto entrepreneurs, and hopefully be funded by them.  Beacon CEO Mark Pennell, told Deadline that:

“Crypto is about community. The show is an extension of that community. So, we embraced the innovation by creating an opportunity for crypto entrepreneurs to participate in a show that reflects many of their own stories.”

The project is raising funds via crypto by tokenizing the profits on Ethereum, enabling investors to receive their share of the proceeds directly to their wallets.

The producers also hope to cash in on the gold rush around NFT collectibles, with plans to mint a series of non-fungible tokens, as well as release the first-ever tokenized full episode of a TV show.

The storyline is focused on Mel, a young tech founder who launches a token named after her missing best friend Aveer and sets off with her band of “misfit” friends to make the Aveer token a success.

“To do so, they must overcome enemies, centralized powers and FUD (Fear Uncertainty Doubt)”

The series is set to feature cameos from figures in the crypto-world such as billionaire Bitcoin investor Tim Draper, and Crystal Rose, the CEO, and Founder of Sense.

As blockchain technology and cryptocurrency continue to creep their way into mainstream society, the appetite for crypto-based TV shows and movies is gaining momentum.

Cointelegraph reported on the development of the first-ever K-drama crypto-series “Romantic Hacker” in July 2020, which entails a fictional story of a Korean trading exchange being attacked by hackers.

In October, acclaimed actress Kate Winslet signed on to star in an MGM production portraying the founder of  the $4 billion OneCoin Ponzi scheme and in February 'Silk Road' was released depicting the lead up to the arrest darknet Silk Road founderRoss Ulbricht.

The story of how the Winklevoss twins became Bitcoin billionaires was also snapped up by Stampede Ventures earlier that year, and the same author that penned it, Ben Mezrich is working on a book and movie for MGM and book that details the GameStop saga.

Keep reading with Cointelegraph
Enterprise blockchain solutions rally as businesses get hip to crypto
The mainstream adoption of blockchain technology continues to pick up steam as stories like Microstrategy using Bitcoin (BTC) to pay bonuses for its board...
Canada's Purpose Bitcoin ETF may be cutting into Grayscale's market share
For the first time, shares in Grayscale’s Bitcoin Trust traded at a discount compared to spot BTC for an entire month.Rafael Schultze-Kraft, the CTO of...
Strong fundamentals push Dent, Arweave (AR) and Enzyme (MLN) price higher
According to a report by Coinshares, as of March 20, the weekly inflows into institutional crypto products has declined by about 59% when compared to the...
Painting by avant-garde master Baranoff-Rossine to be auctioned as a NFT
An early 20th century master who boasts a permanent installation at the Museum of Modern Art is about to get new life on the blockchain. In collaboration...
No More Mobile Operators & Data Interceptions — Blockchain Phone Presented
The future is happening —PundiX, an international startup, has developed a novel smartphone which facilitates decentralized calls. The device is based on...
SEC Disapproves Bitcoin ETF Proposals Again
Around a month ago the U.S. SEC spurned the proposal of early bitcoin investors, brothers Winklevoss, to establish a BTC exchange-traded fund (ETF).At the...
A Company Plans to Pay Salaries in BTC, Asks Permission From Israeli Authorities
According to news.Bitcoin.com, currently in Israel, high-tech firms are experiencing the huge rivalry, and each of them is trying to do the best at attracting...
Startup Wala Facilitates Ethereum Micro-Payments For Africans
In Uganda, South Africa and Zimbabwe locals are benefiting from Wala startup, which facilitates micropayments with no fees. People there easily put an average...
IMF Advises Banks to Create Own Cryptos To Withstand Digital Assets
According to a reсent IMF report concerning the monetary policy in the entire world in the era of digitalization, here is a probability that one day...
Bitcoin Climbed Up to $8,000 Ahead of The Tax Day
For the first time within a month, bitcoin managed to surpass the margin of $8,000 on April 12, as per cyber money trading bourse Coinbase. The “king”...
Novel Implementation: Bitcoin Cash To Upgrade Its Protocol In May
A little bit more than in a month Bitcoin Cash, altcoin which got executed from the “king” BTC last year August, is going to experience its own fork. However,...
Bitcoin Gets Wider Adoption As a Payment Option: How?
Some experts believe that bitcoin and other cryptos are not cut out for being used as public currencies for carrying out daily purchases. For instance,...
Forbes Listed The Richest People In Cryptos For The First Time. Here’s Who They Are
For the first time ever, the notorious business magazine Forbes presented the list of the wealthiest people in the sphere of cyber assets. Among 19 people,...
Nobel Prize Winner Shiller Says Bitcoin is a ‘Clever Idea’
The American Nobel Laureate and Sterling Professor of Economics at Ivy League Yale University Robert Shiller considers bitcoin as an exciting experiment...
From Transactions to Cannabis. Announcement form India Globalization Capital
The growth in the introduction of blockchain technology has led to a coup in some industries, including financial services, data management, healthcare,...