Sycamore Entertainment and Freiberger Company Inc. Launch Blockchain Project

By , in PR PR Sci/Tech on .
HOLLYWOOD, Calif., Dec. 26, 2017 — Sycamore Entertainment Group, Inc. (SEGI), a leading innovator in hybrid film and entertainment distribution, is pleased to announce it has partnered with the Freiberger Company Inc. to launch MediaCoin LLC.  MediaCoin is a media rights management application using blockchain technology. This application is a decentralized and encrypted system to manage artists and producers rights, track payments, ELIMINATE PIRACY, and manage terms of the distribution contracts and royalty revenues. Sycamore Entertainment Group will also seek to use MediaCoin to acquire film and television content as well as other media.
 
This partnership between Sycamore and Freiberger is one of the world's first token collateralized asset management platform that offers artists and rights holders access to an open sourced management accounting and audit system, powered by a flexible and transparent ledger that is managed securely on a blockchain. 
 
Edward Sylvan, CEO of Sycamore Entertainment Group Inc. stated:
“Blockchain is the backbone of numerous digital currencies including Bitcoin, Ethereum and Litecoin, but it has uses and applications that go beyond currency. Blockchain can be used to verify multiple levels of transactions and opens the door to platforms that can track permanent, and traceable peer to peer transactions.  This opens the door to solving multiple problems in the media industry in areas of piracy and authenticity and will offer less expensive transactions to our customers. The music and Film industries are ideal for Blockchain applications as they are fraught with middlemen and have traditionally suffered from rampant piracy and a lack of transparency while being controlled by a small handful of companies. MediaCoin is going to revolutionize the entertainment industry.“We are delighted to be partnered with Jeff Freiberger and his team. They are currently launching Blockchain applications that are in full compliance with federal and securities regulations. This partnership will have a disruptive yet positive impact on the entertainment industry. MediaCoin will bring peace of mind to artists and media content creators while protecting their rights worldwide in a secure blockchain platform.” 
 
The Freiberger Company Inc. is a blockchain consulting and development company focused on launching decentralized Blockchain technologies in multiple applicable industries in the United States. The Freiberger Company Inc. and its advisors are comprised of a team of legal councils that specialize in securities regulations and blockchain technologies, blockchain developers, and blockchain expertise. 
Contact:Sycamore Entertainment Group, Inc.: 310-245-9091
Email: [email protected]
Company website: www.sycamoreentertainment.com
Investors can also follow Sycamore on:
Facebook: Sycamore Entertainment
Twitter: Sycamorefilms
The following two tabs change content below.
Maria Burns

Maria Burns

Maria is a Viral News Editor who graduated from the University Of California. She likes social media trends, being semi-healthy, Buffalo Wild Wings and vodka with lime. When she isn’t writing, Maria loves to travel. She last went to Thailand to play with elephants and is planning a trip to Bali.
%d bloggers like this: