All About MovieBiz Coin: The Token Disrupting the Film Industry

All About MovieBiz Coin: The Token Disrupting the Film Industry


Before the spread of COVID-19 in 2019, movie sales around the world raked in over $45 billion. As cinemas shut down across the country due to the pandemic, in 2020, the US market decreased 65.7% from $11.4 billion to $3.9 billion.

Since the pandemic has eased and people have adapted to a new normal, the global movie market has slowly begun to bounce back. With the industry booming again, the pandemic has changed the way the entertainment industry operates. Entertainment streaming platforms, such as Netflix, Hulu, and Amazon Prime Video have become increasingly popular. These platforms not only offer convenience and a multitude of options to users but also encourage independent filmmakers to submit their projects and ideas, giving them a chance at the once

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