Dr Ope Banwo a Lawyer and Businessman have come up with a new Nollycoin initiative which celebrities have fully accepted.
Furthermore, some iconic figures in the movie industry have given their full support towards the project; some of them which were also present at the Oriental Hotel, Lagos for the dinner are Zeb Ejiro, Fred Amata and some others.
According to the lawyer, Nollycoin and Nollytainment are set to be a game changer in Nollywood. Through the establishment of a streaming service called NollyTV.
Secondly, producers are able to sign Smart Contracts. Uniquely lets everyone in the movie to get a payment. In addition, it is simply a pocket boosting medium for filmmakers while also solving the issue of movie financing.
In his words “We are excited to be the first in Africa. We are creating an ecosystem, which is the NollyTV online streaming. Where Nigerians can now use Nollycoin to watch movies in cinemas. A blockbuster movie will kick it off.”
Additionally, when Nollycoin Project is in full gear, accessing some movies both in cinemas or online would have to be through Nollycoin.