A brand new sequence about blockchain undertaking Dragonchain is premiering on Discovery, and it’s been totally financed with $1 million in crypto.
Manufacturing home Imaginative and prescient Tree Media mentioned Friday its new “Open Supply Cash” documentary sequence, which can monitor crypto undertaking Dragonchain, would debut on Discovery Science, a U.S. TV channel run by Discovery Inc., which additionally owns the Discovery Channel.
Whereas the five-part sequence, scheduled to start out July 4, will focus on Dragonchain, Imaginative and prescient Tree added it’s going to accomplish that towards the backdrop of the broader cryptocurrency business. The agency name-dropped former Overstock CEO Patrick Byrne, crypto entrepreneur Brock Pierce and corporations together with Fb and Disney as the massive names interviewed for the sequence.
On its web site, Imaginative and prescient Tree says the “profitable launch of the Open Supply Cash sequence is essential as a result of it’s going to assist put cryptocurrency and blockchain expertise on the map, in addition to within the palms of extra folks passionate to make a change on this planet.”
When CoinDesk requested how the sequence was funded, Imaginative and prescient Tree mentioned the million-dollar price range got here from its personal “Coiin” cryptocurrency.
The DRGN token has been languishing not far above file lows for over a yr, following an early post-ICO spike to just about $5 in 2018. Costs at press time have been slightly below 10 cents per token.
“The restricted documentary sequence options the untold, heroic story of Dragonchain,” gushes the press launch. A spinout from Disney, Dragonchain permits enterprise customers to securely retailer information on a blockchain. It raised greater than $13.7 million in a sale of its DRGN token in late 2017.
A trailer for the brand new sequence reveals one of many documentary’s fundamental themes is the darkening regulatory surroundings towards crypto tasks within the U.S. Again in 2018, Dragonchain pressured one in every of its affiliate tasks to return investor funds – however didn’t say why.
A Imaginative and prescient Tree spokesperson didn’t say why the sequence centered particularly on Dragonchain.
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