The upcoming Ethereum movie is an absolute PR stunt to attract investors!

Ethereum is preparing its next promotional move to attract more investors.

Ethereum has become quite popular as one of the most popular cryptocurrencies, posing great competition to Bitcoin. At a time when Bitcoin was the face and heart of the cryptocurrency market, Ethereum surged and became the second largest cryptocurrency. While the world is busy adopting bitcoin as legal tender, Ethereum remains the second best, and probably the best soon. This growing competition among all cryptocurrencies has led ETH to invent some of the most profitable services in the cryptocurrency world.

Since its launch in 2015, Ethereum has grown tremendously and also faced several big price swings lately, but the differentiating factor between Bitcoin and Ethereum is that the latter allows developers to build and power new tools. , applications, smart contracts and NFT. This blockchain-based software network has many uses and applications in the tech world, including gaming, music, entertainment, and DeFi, making it one of the most popular and widely used cryptos. in 2021. But even after this growth and development, the creators of Ethereum want to attract more investors. That’s why they planned to release the Ethereum movie. Recently, the company revealed that it has cast “Blade Runner” director Ridley Scott to direct the Ethereum movie. But is there any particular reason why Ridley Scott was chosen?

Legendary filmmaker Ridley Scott is bringing the story of Ethereum to the big screen, through his own production company, Scott Free Productions. According to reports, the film will be written and directed by Shyam Madiraju. Additionally, the film will be partially funded by a community treasurer, through a Decentralized Autonomous Organization (DAO), and through traditional funding strategies. The movie ETH is called “ The Infinite Machine and aims to become the first mainstream cryptocurrency feature film, leveraging Ethereum technology and NFTs to fund its production and turn its audience into a community. While the initial intentions of the film’s release are quite clear, namely to attract more investors and develop its community, questions arise as to the intentions of Vitalik Buterin and his team. Given that the ETH token is currently facing adverse downturns, is this a move to improve the cryptocurrency’s growth trends, or is it to hide the fact that the upgrade ETH 2.0 is massively delayed, and the news of the first crypto movie is another step to satisfy investor questions regarding the next stage of the upgrade.

Ethereum’s Attempt to Promote Could Actually Add to Its Bright Future

According to reports, the annual return on investment of Ether is 300%, which means that early investors have almost quadrupled since their first investments in ETH. But the prices of crypto-currencies are quite volatile. Financial experts have always suggested investing only when they can afford to lose, but sometimes investors get too enthusiastic about their investments and lose millions of dollars worth of investments due to their poor investment alone. gesture.

The price of Ethereum expected to be well over US$4,000 by the end of the year 2022. If ETH developers manage to deploy ETH 2.0 on schedule, alongside the release of the movie, the crypto could become a huge hit by Q1 2023 and will have a high chance of surpassing the bitcoin to become the largest cryptocurrency in the world.

💎 Open an account for free to Invest in crypto!

CoinHouse allows you to easily invest in crypto-assets. Creating an account is free and takes just a few simple steps.

📈 Trade cryptos online in just a few clicks!

eToro allows you to trade cryptocurrency easily online. Creating an account is free and very simple.

68% of retail investor accounts lose money when trading CFDs with this provider. You should ask yourself if you can afford to take the high risk of losing your money. eToro users in France cannot open positions to buy real crypto assets, all orders are opened as CFDs.

On the same subject : Cardano hits 1-year low as bulls drop ADA below $1..

Thomas Estimbre
Latest articles by Thomas Estimbre (see everything)

Leave a Comment