“No postage necessary” - A movie about an ex-computer hacker and some stolen bitcoin is the first feature film released on a blockchain, AFP reported.
The romantic indie is being distributed via peer-to-peer video network app Vevue, running on Qtum.
The movie is slated for US theatrical release and worldwide blockchain debut in June and will also be available to buy online using cryptocurrency.
"We are thrilled to provide movie lovers around the world a brand new way to experience their entertainment by turning the blockchain into a feature film distribution channel," said Jeremy Culver, who wrote, directed and produced the film.
He hopes that the movie, the for the industry, will signal a shift in the way content is shared and consumed.
According to Culver, blockchain’s advantages include immutable proof of intellectual property rights, transparent royalty payments, and a future in which movies are "no longer pirated."
“No Postage Necessary” tells the story of cynical, single computer hacker Sam who makes ends meet by stealing mail while disguised as a postal worker.
He happens upon a letter written by a heartsick Josie to her late husband and fallen marine, and the tender missive awakens something in Sam.
He conspires to meet the beautiful, young war widow and she warms to the idea of a new chance at love - but not before Sam's past comes knocking in the form of an FBI agent looking for missing Bitcoins.
Moviegoers who upload a review as soon as they leave the theatre will be able to unlock Vevue tokens as rewards, and Culver blockchain can help No Postage Necessary go viral.