Hold on for Dear Life, from Castle production company Beacon Pictures, follows a young tech founder as she launches a token named after her best friend who disappeared. Hold on for Dear Life "is being developed as a ten-part series with principal photography set to commence in August in Puerto Rico," reports Deadline's Peter White. "The show is being financed using blockchain technology – it will 'tokenize' portions of its profits into a cryptocurrency token, built on Ethereum, a technology that is essentially digital money, allowing investors to receive pro rata net profits from the series directly into their digital wallets. It will also mint non-fungible tokens (NFT) – one of the most buzzed about new technologies among digital investors – and will look to release an entire episode as an NFT."
TOPICS: In Development, Hold on for Dear Life, crypto currency, non-fungible tokens