Dubai-based cryptocurrency-based content platform MContent has partnered with PricewaterhouseCoopers (PwC) Middle East to launch its documentary “Ripple vs SEC Saga” in a virtual theater in the me…
“Ripple vs SEC Saga” delves into the ongoing case being brought byIn this landmark case the SEC has accused Ripple of raising $1.3 billion in unregistered digital asset securities by using its digital coin, called XRP. The SEC’s key claim, which is being refuted, is that XRP is not a currency, but a security and therefore subject to strict securities laws.
In order to watch “Ripple vs SEC” in the Cineverse viewers need to use Oculus VR headsets or augmented reality glasses. The doc is also available on MContent’s tokenised streaming platform. The idea behind the platform is to enable crowd funding of film and TV productions using cryptocurrency, NFTs and the MContent Cineverse. Having already funded an alleged eleven film projects from various parts of the world, they now plan to step things up using the parallel MContent Cineverse economy.
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