Advent Entertainment, a film and entertainment funding company, has launched the Advent Token, what it bills as the first digital security that opens the door for investors to participate in potential upside in future Hollywood movies, television shows and video games created by Advent Entertainment.
It will officially launch on Oct. 24, 2022.
Advent Token will be listed on INX ONE, “the world’s first and only fully regulated, end-to-end platform for listing and trading both SEC-registered security tokens and cryptocurrencies,” according to Advent.
“We all grew up with icons like Stan Lee. Can you imagine profiting from the characters he created? Advent Token allows you to join in the potential profits of Hollywood productions,” said Lee Baker, CEO of Advent Entertainment. “But our goal is so much more than potential future profits. Through next-generation technology, we aim to create a worldwide community which immerses creators and fans into film, television, music, and games using augmented reality, virtual reality, cryptocurrencies, digital securities, NFTs, the metaverse and web 3. Join in production and creation. Bridge the gap between the digital world and the real world. See superheroes, speed-of-light jets, intelligent robots, and World War II fighter planes in the lobbies of theaters, at shopping malls, in restaurants and in your homes. Experience the movie and so much more.”
The team of Advent includes Academy Award-winner Keith Merrill and is led by Lee Baker and Jarom Sidwell, who have worked on projects such as Avatar, Avengers, Spiderman, Race to Witch Mountain, as well as with Stan Lee. Advent joined forces with DIMA, known for its work on Oscar-winning Parasite and “Squid Game,” and Golden Loop Group, which runs a cryptocurrency wallet (GLG Wallet) and coin and is working with K-Pop, K-NFT and K-Comics. They are currently producing a television series called “Advent,” which is about the rise of artificial intelligence to save humanity. Consumers can join the production through the Advent Robots NFT collection, consisting of 11,111 unique robots based on the television series.
“We are very excited to offer the Advent Entertainment security token on INX ONE. They deliver to investors around the world an opportunity to invest in the entertainment sector on the ground floor,” said Shy Datika, CEO of INX, in a statement. “Advent is led by an extremely talented team with a solid track record of success, with some incredible names assigned to the issuance. Democratizing alternative investment opportunities is what INX does best and we look forward to the opening of the raise.”
The Advent team has created a slate of film and television projects and plans to use security tokens, cryptocurrencies, NFTs, the metaverse, video games, augmented reality, and virtual reality to enhance consumer participation in the projects from start to finish.
“The plan is to see superheroes, animated characters, speed-of-light jets, intelligent robots, and World War II fighter planes in the lobbies of theaters and in your own home,” according to an Advent release.