무비블록(MBL) 극장과의 협업 소식… 10% 껑충

MovieBloc (MBL) is a coin that has expressed its intention to create an ecosystem in which filmmakers and audiences can participate.

Today something happened that fit the coin’s value they were pursuing.

Today, the 15th, MovieBloc announced through Twitter (X) that it will enter the real asset film industry by collaborating with an anonymous theater.

The real-world asset film industry, also known as the RWA (Real-World-Asset) of the film industry, is a new trend that has never existed before, investing in the film industry using blockchain technology for virtual assets.

MovieBloc, which had fallen to nearly 700 won in early July and even sparked rumors of delisting, saw a significant increase of nearly 10% today with news of a collaboration.

Additionally, MovieBloc held an AI-themed shorts (aka short-form) contest, which attracted the attention of many audiences, raising expectations for continued investment in the film industry.

The ‘Short Block Contest’ is open to filmmakers worldwide until September 30th, and the total prize pool will be over $5,000.

This contest is the first of its kind in Korea and is expected to play a significant role in assessing the current and future value of the AI ​​film industry.

The Correlation Between MovieBloc Coin and the Film Industry

So, is there a connection between MovieBloc (MBL) coins and the development of the actual film industry?

Most experts answer, ‘Not at all.’

First of all, coins, which are invisible assets, are often swayed or influenced by unseen factors. Since they are the only coins in the coin industry that are linked to the film industry, it is inferred that they will be affected.

Additionally, MovieBloc itself has been making aggressive investments in the film industry recently, and thus, if the use of virtual currency is introduced for the first time in the film industry, it could be MovieBloc.

However, this is only a guess and is limited to the ‘domestic film industry’ market.

This means that since it is a coin that was first issued domestically, even if a major movie is released overseas and the industry is booming, if it fails to expand its presence in Korea, its value will not be recognized.

Therefore, it can be said that MovieBloc’s position depends on its progress in the domestic film industry.

If the domestic film industry consistently invests a lot of money and the domestic film industry recognizes this and treats it as a part of its business, the status of the coin can rise rapidly.

It is no exaggeration to say that investors are currently flocking to the market in anticipation of these points.

MovieBloc, which has shown rapid growth by demonstrating various investments in less than a month, is expected to rise to a certain level, and attention is focused on what kind of investments and changes it will make in the future, thereby showing the volatility of the cryptocurrency market.