Ethereum Film is Definitely a Publicity Gimmick to Attract Investors

Ethereum became quite popular as one of the most popular cryptocurrencies, and bitcoin constituted a huge competition.

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Ethereum Has Made Great Progress

When bitcoin became the spokesperson and core of the cryptocurrency market, Ethereum soared to become the second largest cryptocurrency. While the world is busy adopting bitcoin as its legal tender, Ethereum is still the second best and may soon become the best. This increasingly fierce competition among all cryptocurrencies led eth to invent some of the most profitable services in the cryptocurrency world. Since its launch in 2015, Ethereum has made great progress and recently faced several major price fluctuations.

However, the difference between bitcoin and Ethereum is that the latter allows developers to establish and provide new tools, applications, smart contracts and NFT. This blockchain based software network has many uses and applications in the whole scientific and technological community, especially in games, music, entertainment and DeFi, making it one of the most popular and widely used cryptocurrencies in 2021. But even after this growth and development, the creators of Ethereum hope to attract more investors. Therefore, they have been planning to release Ethereum films. Recently, the company revealed that they had chosen Ridley Scott, the director of blade runner, to direct Ethereum films. But is there any special reason for their special director Ridley Scott?

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Ridley Scott

Legendary film director Ridley Scott will bring the history of Ethereum to the big screen through his production company Scott free productions. It is reported that the film will be written and directed by Shyam madiraju. In addition, the film will be partially funded by community financiers through decentralized autonomous organizations (DAO) and adopt traditional financing strategies.

The ETH film, named “infinite machine”, aims to become the first mainstream feature film about cryptocurrency, use Ethereum technology and NFTs to fund its production and turn its audience into a community. Although the original intention of releasing the film is quite clear, that is, to attract more investors and develop its community, some problems are looming around the intention of vitalik buterin and his team.

As ETH tokens are currently facing an adverse recession, is this a measure to strengthen the growth trend of cryptocurrency, or to cover up the fact that eth 2.0 upgrade has been postponed on a large scale? The news of the first cryptocurrency film is another step to meet investors’ inquiries about the next step of upgrade.

Ethereum’s Promotional Attempts May Actually Increase its Bright Future

It is reported that Ethereum’s annual return on investment is 300%, which means that early investors have nearly quadrupled since they first invested in eth. But the price of cryptocurrency is quite unstable. Financial experts have always advised investing only when they can afford to lose, but sometimes investors are too enthusiastic about their investment and lose millions of dollars due to their wrong behavior.

It is expected that by the end of 2022, the price of Ethereum will be much higher than US $4000. If eth developers can launch eth 2.0 within the specified time, coupled with the release of the film, this cryptocurrency may actually become a huge blow by the first quarter of 2023, and will have a great chance to surpass bitcoin and become the largest cryptocurrency in the world.