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MovieBloc Price

(MBL)

$0.000687
0.00%(5m)

1m5m15m1h8h1d1W
MovieBloc (MBL) Live Price Chart

    MovieBloc Live Price Data

    MovieBloc is currently trading at 0.000687, with a 24-hour trading volume of 39694987.2234. Over the past hour, the price of MovieBloc changed by -0.14%, and over the past week, its value in dropped by -1.15%. The circulating supply of MovieBloc is 19.53B MBL, with a market cap of 13485071.11120525891183164100 , down -0.14% in the last 24 hours. MovieBloc is ranked #853 by market cap.

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    Note: This data is for reference only.
    pk

    MBL(MBL) Profile

    altRank853
    rate--
    Expand
    $0.000682
    $0.000709

    ATH
    $0.04599472
    Price Change (1h)
    -0.29%
    Price Change (24h)
    -0.14%
    Price Change (7d)
    -1.15%
    Market Cap
    24h Volume
    Circulating Supply
    19.53B
    Max Supply
    30B

    About MovieBloc

    • What Is MovieBloc (MBL) Crypto?

      MovieBloc, abbreviated as MBL, is a reverse Initial Coin Offering (ICO) project initiated by the Korean video streaming platform Pandora.tv. It is a decentralized platform for film and content distribution. With its blockchain-based approach, MovieBloc aims to solve the existing problems in the cinema and home entertainment sector caused by the dominance of large corporations.

      Through this technology, filmmakers will receive a transparent share of the revenues and gain access to audience data. In addition, it allows them to present their works on an equal footing with others. On the other hand, viewers can discover a variety of films and content and be rewarded for their contributions to the community, such as creating subtitles or marketing materials.

      The use of MBL tokens plays a crucial role in the entire ecosystem. These are used for economic activities like watching premium content or donating to other participants. Likewise, users who report illegal content or write film reviews are rewarded with $MBL. More than 100 films and series have been presented on the platform.

      MovieBloc aims to become the largest film ecosystem, heavily based on active participants. To this end, the company acquired "Cobak" in February 2020, a crypto community service in Korea that offers, among other things, a crypto wallet, real-time ticker, and token sale services.

    • How Does MovieBloc Work?

      MovieBloc uses blockchain technology to democratize the film and entertainment sector. It is a decentralized platform that allows filmmakers, translators, and viewers to interact directly with each other and benefit from their activities.

      The MBL tokens used in the MovieBloc ecosystem serve as a means of payment for various activities. Users can use them, for example, to view premium content or to donate to other participants. Likewise, the tokens are rewarded for certain activities, such as reporting illegal content or writing film reviews.

      A unique feature of MovieBloc is that the project is a so-called reverse ICO. This means the company first brought a product to market and only then carried out a token issue. In this way, the company demonstrated a user base and a functioning platform before issuing its tokens.

      In terms of technical infrastructure, MovieBloc recently made the switch to the Ontology main chain. This is a significant step, as Ontology offers high scalability and speed while ensuring user privacy and security.

    • History of MovieBloc and MBL Coin

      MovieBloc was initiated by Peter Kim, the founder of the Korean video streaming platform Pandora.tv. The project was launched on May 5, 2019, and has since been listed on various leading crypto exchanges, including KuCoin. The official service was launched on December 31, 2019.

      Since its inception, MovieBloc has steadily worked on expanding its ecosystem. In February 2020, MovieBloc acquired "Cobak,” a crypto community service in Korea, and founded MBL Media, a content development company, in March 2020. MBL Media primarily focuses on developing, producing, and managing animation and film content copyright. Ahn Hong-ju, one of MovieBloc's advisors, was appointed CEO of MBL Media.

      The vision of MovieBloc is to create the largest film-centered community where filmmakers, translators, and viewers can equally benefit from their participation. More than 100 films and series have already been shown on the platform.

    FAQ

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