The Cinemadrom present DefiMovie protocol to create Money Markets.

The DefiMovie is an open source, non-custodial, decentralized protocol to create money markets. Users can receive interest on deposits and borrow assets for their own purposes. Producers a Movie Project can obtain for movie production assets secured by a Movie Rights to their a future movie. The MovieCach (MVH) token...

Why is a MOVIECASH burned after an exchange for a MOVIE RIGHTS?

According to the economic strategy of the CINEMADROM project, the burning of MOVIECASH is planned. This happens at the moment when users change the MOVIECASH to a Movie Rights. Thus, the total number of MOVIECASH decreases, and the demand for the token increases. In this case, the likelihood of growth...