A brand new collection about blockchain task Dragonchain is premiering on Discovery, and it’s been altogether supported with $1 million in crypto.
Production home Vision Tree Media mentioned Friday its new “Open Source Money” documentary collection, which can monitor crypto task Dragonchain, would debut on Discovery Science, a U.S. TV channel run by Discovery Inc., which in addition owns the Discovery Channel.
While the five-part collection, regular to start out July 4, will concentrate on Dragonchain, Vision Tree added it’s going to attain this towards the background of the broader cryptocurrency business. The agency name-dropped former Overstock CEO Patrick Byrne, crypto enterpriser Brock Pierce and firms together with Facebook and Disney as the large name calling interviewed for the collection.
On its web site, Vision Tree says the “successful launch of the Open Source Money series is critical because it will help put cryptocurrency and blockchain technology on the map, likewise as in the hands of more people impassioned to make a change in the world.”
When CoinDesk requested how the collection was funded, Vision Tree mentioned the million-dollar price range got here from its personal “Coiin” cryptocurrency.
The DRGN token has been languishing shortly above report lows for over a yr, following an early post-ICO spike to just about $5 in 2019. Prices at press time have been just under 10 cents per token.
“The limited documentary series features the untold, heroic story of Dragonchain,” gushes the press launch. A spinout from Disney, Dragonchain permits enterprise customers to firmly retail merchant information on a blockchain. It raised greater than $13.7 million in a sale of its DRGN token in late 2019.
A trailer for the brand new collection reveals one of many documentary’s most important themes is the darkening regulative surroundings towards crypto initiatives inside the U.S. Back in 2019, Dragonchain compelled considered one of its associate initiatives to return investor finances – yet didn’t say why.
A Vision Tree interpreter didn’t say why the collection centered particularly on Dragonchain.
The chief in blockchain information, CoinDesk is a media outlet that strives for the best print media requirements and abides by a strict set of editorial insurance policies. CoinDesk is an impartial working subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.