AN ABSOLUTE PUBLICITY STUNT TO ATTRACT INVESTORS IS THE ETHEREUM MOVIE.

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AN ABSOLUTE PUBLICITY STUNT TO ATTRACT INVESTORS IS THE ETHEREUM MOVIE.


Ethereum is preparing its next marketing gimmick to attract more investors.

Ethereum has grown in popularity as one of the most widely used cryptocurrencies, putting Bitcoin in serious competition.

Ethereum soared to become the second-largest cryptocurrency at a time when Bitcoin was the face and heart of the crypto industry. When the world is busy accepting Bitcoin as its legal tender, Ethereum remains the second-best and is likely to overtake Bitcoin shortly.

Because of the increased rivalry among all cryptocurrencies, ETH has developed some of the most profitable services in the industry. Since its introduction in 2015, Ethereum has experienced tremendous growth and has recently experienced numerous significant price fluctuations.

However, the difference between Bitcoin and Ethereum is that the latter allows developers to create and power new tools, apps, smart contracts, and non-fungible tokens (NFTs).

This blockchain-based software network offers a wide range of uses and applications in the computer industry, including gaming, music, entertainment, and Defi, making it one of the most extensively used cryptos in 2021. However, even after all of this progress, Ethereum's designers want to attract additional investors.

As a result, they want to release the Ethereum film. The company recently announced that Ridley Scott, the filmmaker of "Blade Runner," will helm the Ethereum film. Is there a specific reason why they chose Ridley Scott as their director?

Through his own production business, Scott Free Productions, legendary director Ridley Scott will bring the history of Ethereum to the big screen. Shyam Madiraju will write and direct the film, according to sources. Aside from that, the film will be partially sponsored through a Decentralized Autonomous Organization, which will be run by a community treasurer (DAO)

as well as established financing methods The Infinite Machine is the title of the Ethereum film, which aims to be the first mainstream feature-length film on cryptocurrency, using Ethereum technology and NFTs to fund its production and turn its viewers into a community.

While the initial goals of publishing the film are apparent, namely to attract more investors and build the community, there are some doubts about Vitalik Buterin and his team's objectives. Is it an endeavor to improve the crypto's growth patterns, or is it to cover the fact that the ETH 2.0 upgrade is hugely delayed, and the news of the first crypto movie is another move to appease investor concerns regarding the next phase of the upgrade?

  • Ethereum's promotional efforts may actually contribute to the cryptocurrency's bright future.


According to statistics, Ether's yearly return on investment is 300 percent, meaning that early investors have nearly doubled their money since investing in the cryptocurrency. However, cryptocurrency values are quite volatile. Financial experts have long advised investors to only invest when they can afford to lose money, yet individuals might become overly passionate about their investments and lose millions of dollars due to a single bad move.

By the end of 2022, Ethereum prices are predicted to be significantly higher than US$4,000. If ETH developers are successful in releasing ETH 2.0 by the deadline, along with the release of the film, the cryptocurrency might become a massive hit by Q1 2023, with a high likelihood of success in surpassing Bitcoin to become the world's largest cryptocurrency.
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