The partnership will see Mogul’s native token, STARS, be integrated into Beem’s ecosystem. Beem users will be able to pay with STARS to consume Web3 content directly on the platform.
STARS is the utility and governance token that fuels the Mogul ecosystem. It enables Mogul users to buy NFTs (non-fungible tokens) on its marketplace, vote on which film projects to get funded, receive discounts on purchases, earn returns for staking, and redeem exclusive rewards.
Beem is the place where content creators use advanced video and NFT tools to meet with their communities. For Mogul creators, the partnership will bring new monetization and community utility opportunities. Producers, artists and creators on Mogul can use Beem to partake in token-gated events, live experiences, and screenings. The collaboration will enable Mogul to monetize add-ons or charge streaming fees, including to users who don’t own NFTs.
Beem is fueled by its native token $Beem. The platform supports a new generation of emerging creators, which focus on the ownership economy and value independence. Creators build real communities through direct relationships instead of renting audiences from social media platforms. The latter can be used to funnel new followers into a customized space that is fully controlled and owned by creators. NFTs empower creators by offering transparent and customizable monetization options.
With Beem, Mogul will further be able to meet the demands of the new generation of Web3 content creators, giving them the opportunity to leverage some of the best blockchain and NFT tools in the industry. One of the key achievements of the partnership is that NFT holders on Mogul can partake in token-gated events. For example, if a film that partnered with Mogul had a virtual meet and greet or BTS screening, NFT holders could verify their NFT on the Beem App and then interact with that content.
About Mogul Productions
Mogul Productions is revolutionizing film financing, allowing a global audience of fans to participate in the financing of movies and other forms of entertainment through NFT sales. Mogul’s NFT marketplace serves as a bridge between the NFT arena and the world of entertainment financing. It’s a platform for film fans, by film fans, empowering users to take an active role in the script-to-screen process. Access Pass holders get even more insider benefits and perks, including access to exclusive events held around Mogul-produced film releases.
Beem is a video live streaming and distribution solution designed to foster direct relationships between creators and communities. Leveraging Web3 unique monetization and access technologies including NFT token gated content and events, Beem offers a first of its kind innovative toolbox for diverse creators.