Cinemadrom (Cinemadrom) Review

Cinemadrom: Ecosystem for Independent Filmmakers


All people enjoy well-scripted and ably shot movies or TV shows, but few of them are aware of the hardships and the obstacles that the filmmakers often face when going through different stages of film production. 

To facilitate these creative people in their tough business, an international group of producers, film directors, marketers, and screenwriters initiated a project called the International Blockchain Network of Independent Filmmakers (IBNIF) Cinemadrome (hereinafter, Cinemadrome).

Technical characteristics and concept description


The primary goal of this startup is to transfer the processes of film production and distribution to blockchain, and to tokenize these activities by the virtue of Lumiere coin (LUT). The Cinemadrome platform was built on the basis of the Ethereum blockchain in order to be able to utilize the advantages of smart contracts and ERC-20 tech standard for their token.

The Cinemadrome platform must become a meeting point for all participants in the filmmaking industry who want to relieve themselves of bureaucratic turmoil and legal complexities when raising funds for cinematographic works, conducting the processes of production and post-production and promoting their products to film distributors and viewers.

Moreover, the utilization of smart contracts will drastically reduce the chances of copyright infringement, help to settle legal disputes, and allow for complete transparency of the filmmaking and financial process, for instance, the sale/purchase of ownership rights to any of the intellectual products created by the members of the Cinemadrome network.

Giving small-time filmmakers a chance


Looking at the bigger picture, Cinemadrome has set itself a goal of defeating the oligopoly that has long been established in the filmmaking industry. It is not a secret that a handful of global studios, such as Warner Brothers, 20th Century Fox, Universal Pictures, etc., are running the show, giving preference to some actors and directors while completely disregarding the others. In addition, these studios are handling most financial operations, thus creating a substantial value gap between what the filmmakers could have earned and what they actually get.

Cinemadrome aims at severing this Gordian knot in one blow by affording ground for authors, producers, investors, directors, and other participants to establish business relationships via smart contracts, thus bring the sizeable sector of the real economy to blockchain.

Besides, Cinemadrome will provide an opportunity for individual investors to devote money to the movie projects of their choosing and reap benefits after this film becomes a box office hit.

The entire token economy of Cinemadrome is based on the active use of Lumiere coins, which also grant their holder the ownership rights in movie projects. All funds must go through the IBNIF digital wallet which is integrated into the platform. From that wallet, the users can either convert Lumiere to fiat or other cryptocurrencies or re-invest in further projects.

The team


Igor Egoroff. Project’s founder and CEO, a film director by vocation who is aspired to create a fully independent filmmaking ecosystem.

Pavel Gubanov. The co-founder and project’s chief marketing strategist and creative manager. A crypto enthusiast who has also tried his hand in screenwriting.

ICO details


At this particular period of time, Cinemadrome organizes a private sale of Lumiere which provides for a 50% bonus. It is due to last till December 31. After that, the project will conduct a proper ICO which is planned to take place in the spring of 2020. Through this period, Cinemadrome will try to reach the hardcap of $100 million. At the moment, the price of 1 Lumen is $1 with the minimum investment threshold being set at $100. The restricted areas include the United States and China.

Author: Alex Paulson for Crypto-Rating.com

  • For authors. Opportunity to film your creative idea independently or in co-authorship. Find a producer, director, creative team and implement your project. Create a scenario group to work on their plan. Sell the script on the online movie market.
  • For producers. The opportunity, without politics and connections, in a short time to collect the necessary budget for the production of the film, start shooting and go to hire. Find the script, the author, the director - for the film version of his plan. Get profit from the film project.
  • For filmworkers. Ability for directors debutants put their first full meter. For experienced filmmakers assemble a team and get funding for their project. For beginning directors take off a short meter for festival rentals. Make a career in cinema.
  • For investors. The ability to create a portfolio of projects of different genres, with the optimal ratio of risk and return. Buy and sell property rights to movies and screenplays. Get a profit. Having a library of films, constantly receive deductions from the use of rights to shows.
  • For partners. Opportunity for cinemas and distribution companies to increase distribution fees. For organizations providing services to filmmakers - to get new consumers of their product or service. Enter new regional and international markets. Increase profits.
  • For the viewers. Opportunity to choose to watch a movie in a partner’s cinema or in the IBNIF Streaming service. Receive LUMIERE crypto coins for watching movies and advertising. To form a rating of film projects, and to make suggestions for improving films. Participate in funding and filming projects.
Pre-Ico Start dateMay 30, 2019
Pre-Ico End dateDecember 31, 2019
IndustryMedia
PlatformEthereum
Founded2019
Websitehttps://cinemadrom.com/
WhitepaperYes
CountriesCayman Islands
  • Igor Egorov. Founder, Produser, Film Director
  • Pavel Gubanov. Сo-founder, Internet marketer
  • Katya Ulyanova. Сhief Еditor, Produser
  • Elena Egorova. Designer, Screenwriter
  • Alexander Sivak. Produser, Film Director
  • Sveta Valucheva. Еditor, Screenwriter
  • Charmaine Maravilla. Community Manager
  • Yury Dziatlau. Bounty Manager
  • October 2017. Project start IBNIF CINEMADROM.
  • March 2018. Implementation plan IBNIF CINEMADROM.
  • May - December 2019. 1) Start Pre Sale. 2) Start Pre Sale 1-2-3-4-5. 3) Start a marketing company. 4) Finalization of the IBNIF CINEMADROM platform. 5) Launch of the projects of the IBNIF Film Studio.
  • February 2020. 1) Start the ICO. 2) The release of the blockchain, the release of a crypto coin LUMIERE. 3) Test of the IBNIF CINEMADROM platform. 4) Placement of the first film projects of users. 5) Attraction of the first investors.
  • March 2020. 1) Launch of the final version of the IBNIF CINEMADROM platform. 2) Production projects of the Film Studio IBNIF. 3) Create a map of servers in the world. 4) Opening of IBNIF CINEMADROM offices in the regions of the world. 5) Production of user projects.
  • September 2020. The planned functioning of IBNIF CINEMADROM.
Cinemadrom
StartFebruary 3, 2020
EndApril 30, 2020
191 days left
TokenLUT
Soft cap$1 000 000
Hard cap$150 000 000
Minimum investment100 USD
Tokens for sale300000000
AcceptingETH, BTC, TRX, BNB, USDT, FIAT

I have just checked the Cinemadrom website and that the token sale is going at a great pace. They are currently in Stage 3 of the private sale and have already surpassed 43% of their funding goal. Apparently, people around the world have grown tired of the products of the Hollywood factory, which are becoming increasingly predictable and stereotypical, only with the improving visual effects. Cinemadrom offers a chance to experience new films with fresh ideas and deeper-running scripts. Hope that Cinemadrom will live up to its potential.

crypto_creature   October 4, 2019  

I admire the ICO projects that don't shy away from displaying the bar that depicts the progress of the token sale. Unfortunately for Cinemadrom, this progress hasn't been quite good since they have managed to raise only 15% of the softcap so far. Sure, one might argue that it is still the pre-sale phase, but this tendency does not instill confidence. That is only to show that people still care more about the unsophisticated mainstream movie industry instead of independent filmmakers.

smalljuke32   August 26, 2019  

The idea at the core of Cinemadrom is so simple yet so brilliant. It must be applied to any area of business that has been usurped by large corporations. I am not an anti-globalist by any means, but it is obvious that the contemporary movie industry is in a state of permanent degradation. It seems that all they care about is a larger box office revenues. Of course, Cinemadrom won’t be able to compete with the likes of Warner Brothers, but I am sure that this project will produce quality movies that will find the appropriate audience.

Hank   July 29, 2019  

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