Earlier this month, BuckyCoin acquired the ownership and rights of more than 2500 movies, books, music, and other scripts. The news of the company doing so boosted the participation in their ICO which enters its final phase on December 1st. As BuckyCoin is backed by real assets that have a potential for large profits, which makes them the first decentralized content distribution network.

BuckyCoin is an ERC-20 crypto token that is developed on the Ethereum platform with standard functions under a smart contract. It is primarily designed as multipurpose transactional currency on the Decentralized Content and Services Delivery Network (DCSDN) that was launched by Bucky House.

Bucky House platform is an Ethereum dApp for content and service providers in the entertainment industry. This platform media and entertainment stakeholders with a unique cryptocurrency: “Bucky” coin, to empower the various stakeholders in the industry.

Their business model framed by the team who are being in this industry for a long time has done extensive research on the various influencing factors and the gaps int he entertainment industry. They have developed a symbiotic beneficiary, a viable techno-commercial business model on the blockchain technology to serve the small and mid-sized production houses and independent content developers in a manner that is unique, decentralized, crypto-enabled, tamper-resistant, highly scalable, readily available and redundant.

A spokesperson for the company said: “We recently acquired the rights to over 2,500 popular media productions and started releasing all of that content into the Bucky Platform. Our ICO participants stand to make a great ROI not just from the tokens’ value, but also from advertising profits from all of the screenplays we have acquired.” He went on to say, “Bucky Coin is the first peer to peer decentralized content marketplace for advertisers. The way Hollywood works has changed with the introduction of the BuckyCoin and we couldn’t be happier!”

Their token currently is priced at $0,20 but is likely to go up to $02.25-$0.55. One should act immediately to purchase the token so that they do not miss out on the opportunity. You can learn more about the platform and their ICO on their website http://www.buckycoin.io/

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