#TheFaustFlick is the first comedy film to be executive produced by a Smart Contract. An audacious move by estudios amazonia who also challenges the status quo by pursuing an Initial DEX Offering (IDO) atSwitchDex.ag. #TheFaustFlick White Paper is a sound business plan backed by an impressive market study which highlights a latent opportunity: 8.3 million Latinos frequent moviegoers in the U.S. (go to movies once a month or more) who yearn to see good stories they can relate to and familiar faces playing roles they can identify with, spend as much as $2.3 billions at the U.S. box office alone, year after year.
Smart Contracts automate the independent filmmaking and film business process through transparency and engagement with its stakeholders.
The filmmaking and the film business process go through at least sixteen (16) fully identifiable and auditable stages. The Film Business Buster™ Smart Contract, conceived and developed estudios amazonia, provides a platform to tokenize #TheFaustFlick and any future film, thus becoming the first film producer to leverage the blockchain networks to optimize an existing and highly lucrative business model.
#TheFaustFlick is to be executive produced via the Film Business Buster™which grants TheFaustFlick (TFF) and FilmBusinessBuster (FBB) token holders:
a) Access to the screenplay, celebrity letters of intent and the film project financial records.
b) Voting rights on five (05) critical financing gates enabling the successive stage from the filmmaking process and/or film business cycle.
c) Net profits in perpetuity from #TheFaustFlick´s multiple revenue sources as well as all other future film projects.
d) Empower highly talented but industry-excluded screenwriters to submit screenplays for estudios amazonia to review, select, executive-produce and co-produce according to a predefined criteria, including story quality, film budget and their target audience market opportunity, among other elements later to be published.
TFF token holders will receive in perpetuity their respective share of net profits from 90% of #TheFaustFlick multiple revenue sources. Additionally, FBB token holders will receive in perpetuity their respective share of net profits from 10% of this film and of all New Film Projects that will be reviewed, selected, produced and/or co-produced by estudios amazonia.
A 2-minute film teaser of #TheFaustFlick, produced with a stringent budget and more than 30 passionate creatives, is available atTheFaustFlick.com. It is estimated that the 90-minute film production will require at least 300 film professionals.
At the IDO which started on May 1st 2019, there are 2.000.000 TFF tokens available at 0.01 ETH each before an initial 25% discount, with a minimum contribution of 0.15 ETH. There will be a maximum supply of 10.000.000 TFF tokens. By launching the first ever IDO at SwitchDex, estudios amazonia lives up to the truly decentralized paradigm of distributed networks.
TFF Token Contract Address:
FBB Token Contract Address:
#TheFaustFlick & the Film Business Buster™ Smart Contract Legal Framework
Both projects are regulated by the Bolivarian Republic of Venezuela National Superintendence of Crypto-Assets and Related Activities, or SUNACRIP (acronym in Spanish), ascribed to the People’s Power Ministry for Industries and National Production, and it is in full compliance with the Crypto-Assets Integral Systems (CIS) Law, issued by the Constituent National Assembly on November 20th, 2018. All interested parties in TheFaustFlick Token and the FilmBusinessBuster Token must download, read and understand #TheFaustFlick and the Film Business Buster™ Smart Contract WHITE PAPERS, both available at TheFaustFlick.com, FilmBusinessBuster.com and estudios-amazonia.com.