As blockchain technology expands its horizons, attention is turning to Hollywood with the launch of a brand new decentralized series titled “HODL,” which will feature fan engagement tokens and highlight mining services for all.
Audience to familiarize themselves with token incentives and mining
The art mimics life in one of the newest expressions of the blockchain universe as a story in which a budding entrepreneur introduces a blockchain project approaching onto viewers’ screens.
Cudos, a decentralized Layer 1 and Layer 2 blockchain network, has teamed up with the upcoming TV series “HODL” and the fan engagement protocol Sator in order to offer viewers an added value experience via the mining platform .
Short for Hold On For Dear Life, “HODL” is about Aveer, a symbolic project named after a lost friend that captures the comedy and drama that followed. The decentralized TV series, slated to air in 2022, draws on influences from actual crypto life and features a range of real crypto personalities as well as a soon to be announced Hollywood A-listener who will narrate the role of Satoshi Nakamoto.
The fictional work, to be produced by Beacon Pictures and distributed in a decentralized format, will be co-written by Chris Martin, who also serves as CEO of Sator. Sator, which provides fan engagement tokens (SATOR) for the audience, will stimulate “HODL” viewers by connecting viewers to the show’s memorabilia. Users who download the Sator application and view compatible content or take part in related interactive quizzes and games will have the opportunity to collect NFTs and rewards and earn the platform’s native SATOR token.
The connection between these projects will result in the TV series introducing Cudo Miner to viewers through in-show spots. Developed by Cudo, this mining application is designed to help users harness free computing power to generate tokens through a system that automatically adapts to mine the most profitable coins and maximize returns for users.
The miner fits seamlessly into the existing ecosystem of Cudos and offers decentralized cloud computing services on demand, which are derived from the free computing and graphic resources of the community. Cudos Network aims to play a bigger role in the entertainment industry, especially in terms of decentralized resources, given the extensive resources required to render video during the post-production process.
In relation to the new partnership, “HODL” viewers who download Cudos ‘mining application will receive SATOR tokens to bid on NFTs or opportunities to appear in the TV series’ storylines on digital memorabilia.
HODL isn’t the industry’s first attempt at bringing a crypto-themed television series to a wider audience. “StartUp,” a crypto-focused show that debuted on Crackle, a free streaming service from Sony Pictures Entertainment, ran for three seasons before being discontinued.
A planned reality show titled “Crypto Castle Chronicles”, which was supposed to follow young crypto entrepreneurs who lived together in so-called Crypto Castles founded by creator Jeremy Gardner, was canceled before its release.
While the idea of cryptotainment isn’t exactly new, these cases show how difficult it has been for crypto to break into more mainstream entertainment and what hurdles the industry faces in trying to build more mass appeal.
Who do you think will tell Satoshi Nakamoto? Let us know in the comment section below.
Photo credits: Shutterstock, Pixabay, Wiki Commons, watchhodl.tv
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