That’s how much the recent Marvel movie, Endgame, pulled in at the box office.
That’s just $15.5 million shy of the all-time box office record. It was set by James Cameron’s Avatar in 2009.
Up to now, movie profits have ended up in the pockets of the Wall Street Hollywood elite who produce these movies. You have to be able to cut a check for $50 million and up to get a foot in the door.
But thanks to the blockchain, you’ll soon be able to invest in… and profit from… Hollywood blockbusters.
But as you’ll learn today, it will also open up investing in Hollywood to you and me.
We’ll get to that in a moment. And we’ll show you what it means for you as an investor.
But first, there’s something you need to grasp about blockchain tech.
In the case of bitcoin, that information is the record of all bitcoin transactions.
But the information on a blockchain can be anything you want.
That’s why cryptos have so much potential as speculations.
The crypto economy is a revolution in more than just the money system. It’s a revolution in how we record, store, and share information. Disruptive Profits editor Marco Wutzer…
A blockchain is a digital ledger or database. Each record on this ledger is shared online among thousands of participants on a network.
The verification process for each record is decentralized and cryptographically secured. So you can trust each new record is real. No participant, or group of participants, can alter a record that’s already been verified.
Yesterday, we showed you how this trusted record-keeping system will revolutionize the cannabis farming business. Next on the list is Hollywood.
But crypto billionaire Brock Pierce wants to change that.
Pierce is behind some of the world’s most successful crypto ventures. He cofounded Blockchain Capital. It’s a venture capital company that invests in blockchain technology. He also cofounded Block.one, the company behind EOS. It’s the sixth most valuable crypto in the world today.
Marco, our digital assets expert, met with Pierce last month.
He was at a blockchain conference in Berlin doing research for Disruptive Profits readers. Here’s a picture of them together…
Marco with crypto billionaire Brock Pierce at the UNCHAIN Convention in Berlin, Germany
Marco talked to Pierce about the coming wave of “asset tokenization” and how it relates to the movie business. It’s a trend Marco’s been tracking for his readers. Here’s what he reported back…
When you tokenize a real-world asset, you’re using digital tokens – or “coins” – to prove ownership of real assets. This allows you to sell fractional ownership in everything from real estate… to art… to classic cars.
When most folks talk about tokenizing assets, they talk about real estate. But Brock says the best opportunities will be in assets that are unavailable to the average investor today… such as movies.
That’s why he’s raised $250 million to create a stock-exchange-like trading platform, Entertainment Stock X (ESX). He’s partnering with some of the biggest producers in Hollywood to tokenize movies.
That means you’ll be able to speculate on the next Hollywood blockbuster through the crypto market. Already, deals are in place to tokenize more than 30 movies.
And this just scratches the surface of the changes coming down the pike thanks to blockchain technology.
And almost every business in the world runs on some kind of database.
Every transaction between businesses and their suppliers involves a database. The same goes for transactions between businesses and their customers.
In the near future, Marco says blockchains will replace these regular databases across just about every industry you can imagine…
Every process and interaction that involves digital data will move to a blockchain. Blockchains are more secure than regular databases. They’re also decentralized. So no one can tamper with them. Plus, they cut out costly middlemen. And these advantages are too tempting to pass up.
Today, blockchain developers are working on decentralized solutions for all kinds of different sectors. Insurance, lending, social media, business supply chains, cloud computing, machine learning, voting, medical records, virtual reality, real estate, gambling, power grids… and hundreds of other areas. All these will run on blockchains in the future.
When you’re investing in a new technology, one of the most important metrics to keep your eye on is adoption. In other words, are more people using it?
And that applies to blockchain tech today.
If you follow world-renowned crypto investing expert Teeka Tiwari, this will sound familiar. It’s something he’s been reminding his readers for years. And he speaks from personal experience. Teeka…
The best example I can draw from is back in 2003. I started buying shares in Apple because of the iPod. It was amazing… But the iPod was only being sold into a very tiny market – just 3% of the market owned an Apple product.
What happens when you get an amazing product that’s still only selling to a tiny corner of the market? It’s going to at least double. And Apple did much more than that.
The same is true with crypto. It’s still a niche market. But as more industries adopt blockchain technology, we’ll see growth that’s orders of magnitude greater than we’ve seen before. Just like with the iPod… we’ll be going from a tiny market to a massive market.
It’s why if you haven’t dipped a toe into crypto yet, it’s not too late. And the best way to get started is to buy bitcoin.
As we told you yesterday, it’s the reserve currency of the crypto world… just as the U.S. dollar is the reserve currency of the fiat money system.
You typically need bitcoin to buy other cryptos. Which is why it’s also a great way to capture gains in the overall crypto market.
To get started, check out this guide Teeka and his team put together.
You’ll find the top three online crypto exchanges to buy bitcoin. You’ll also learn about the four digital “wallets” Teeka recommends you use to store your bitcoin.
July 9, 2019