“We saw that we’re coming to a dead end for the kind of movies we do, and how we used to do them,” said Tasioulis. “We cannot finance our movies any longer in the way we used to.”
Icebreaker is in advanced negotiations with Extended Monaco, an initiative recently launched by the principality that uses blockchain technology to offer investors an opportunity to support sustainable, environmentally minded businesses. Icebreaker will be based out of Monaco.
The company will also raise financing through an initial security token offering, as well as the sale of additional tokens through a secure, blockchain-enabled platform. Corporate sponsorship alliances will also play a role.
The new funding model will