Thread by @animocabrands

We are pleased to share that @MoviePass announced today it has raised its seed financing led by @animocabrands w/participation from Claritas Capital @GaingelsVC & others. Animoca Brands’ executive chairman @Ysiu will join the board of MoviePass.

Read more:bit.ly/3W9yujR

2/ @MoviePass will use the new funding to accelerate the beta relaunch of its #movie theatre subscription service and to develop & implement the company’s #Web3 strategy, including #VR #cinema experiences and using #technology to drive traffic to theaters.

#DigitalPropertyRights

3/ "@MoviePass has a strong vision for #technology in the field of entertainment and our #investment demonstrates our commitment to maximizing the value that MoviePass can deliver across the film industry. ” said @ysiu, executive chairman & co-founder of @animocabrands.

#BUIDL

4/ @MoviePass has the largest footprint of any theatrical subscription service featuring nearly 100% of the theaters in the US market. The company has developed strategic partnerships with more than 25 theatre chains including @bbtheatres, @CinepolisUSA, and @LandmarkLTC.