Film Finance Group International (FFGI) has announced the launch of its ERC-20 utility token, FFG Token ($FFG), which aims to revolutionize film finance using blockchain technology.
FFG Token is an asset-backed token that provides transparency and accountability in the film funding process, replacing vague promises with verifiable payouts and investor control.
The token is tied to real production milestones and ensures greater accountability by allocating funds based on verified deliverables.
FFGI has also developed a blockchain accounting system for film finance and is planning to offer licensing opportunities to other studios or industries.