Monday, May 16, 2022
Home Crypto News Market Hollywood Legend Michael Douglas To Give Bitcoin Awards For The First Time...

Hollywood Legend Michael Douglas To Give Bitcoin Awards For The First Time In Meihodo International Media Festival

- Advertisement -
Follow-Us-On-Google-News

Actor Michael Kirk Douglas, married to actress Catherine Zeta-Jones, will give a Bitcoin prize at an event for young filmmakers the ‘Meihodo International Youth Visual Media Festival.’



Michael is a Hollywood legend with “Wall Street – Money Never Sleeps”, “Basic Instinct”, Marvel’s “Ant-Man”, the most successful films.

In his most recent performance, he participated in the sitcom “The Kominsky Method”, which ended in 2021 on Netflix. Furthermore, Michael has also been the director of several productions and carries an Oscar for his achievement as the lead actor in the Wall Street movie.

According to a press release Michael Douglas will give the Bitcoin award to young film stars: Actor Michael Douglas was announced in recent days as the Advisor and Guest of Honor of the Fourth Meihodo International Youth Visual Media Festival, an event started in Japan in 2018.

This will be the first time the event will be hosted by Meihodo’s American headquarters, in New York, on February 22, Michael will introduce the winner.

According to a press release, the festival’s theme will be “Dreaming Big in the Digital Revolution.” As a major event in the film industry, it attracted thousands of entries from over 100 countries.

Winners will win Bitcoin, and NFTs as exclusive prizes. The total prize pool is expected to be $100,000.

“This year, as we celebrate the next generation of film artists, and employ new awards features like NFTs and crypto, we’re incredibly honored and excited to be joined by Michael Douglas,” said James Zhang, Vice Chairman of Meihodo International Youth Visual Media Festival.

The statement Winners will be classified in the Grand, Gold, Silver, and Bronze categories. Each category winner will receive official NFT trophies through OpenSea. All NFTs will have unique digital representations of the posters submitted from the winning films, as well as the official signature of actor Michael Douglas.

Bitcoin was chosen by Meihedo as the award due to its global popularity as the main form of digital currency. This is the first event in the billion-dollar film industry to give out prizes in Bitcoin and NFTs, showing that the industry is already catching on to the possibilities.

“For the prize money, Meihodo will use Bitcoin, which was chosen for its global popularity as the premier form of cryptocurrency. Meihodo will mint official NFT trophies through the Open Sea NFT Marketplace. The trophies will be singular digital renderings of the submitted posters of the winning films and will also be stamped with the official signature of Michael Douglas.”

Last week, Netflix asked its fans what they thought of the NFTs, showing that it could also launch NFTs.

- Advertisement -

Disclaimer

The content is for informational purposes only and may include the author’s personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

Albert Brownhttps://thecryptobasic.com/
Albert Brown is a cryptocurrency investor and journalist who has been in the nascent space since 2017. His love and passion for technological innovations made him delve deeper into the world of blockchain and cryptocurrencies. As a journalist, Brown has written on several crypto-related topics that have been referenced by popular industry players like Tyler Winklevoss, Binance CZ, etc.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Recent News & Articles

Top Hedge Fund Manager Who Warned Investors, Says Terra’s Project Was Destined to Fail Due To High Yield

The hedge fund manager said Terra failed because the system was designed to enrich investors and the team. ...

SHIB Army Burns 449.98 Million Shiba Inu In 24 Hours, 2.17 Billion In A Week

2.17 Billion Shiba Inu (SHIB) Burnt within the Last 7 Days and 449.98 Million During Last 24 Hours. ...

Ethereum Founder Vitalik Buterin “Strongly Agrees” With Terra’s Plan to Compensate Small TerraUSD (UST) Investors Over Rich Ones 

The Ethereum creator believes that a plan to focus more on compensating small investors is a good hybrid formula. ...

Ethereum Founder Sends 500 ETH To Dogecoin Foundation

Ethereum Founder Sends 500 ETH To Dogecoin Foundation. It’s not always that Vitalik Buterin sends funds to support other crypto projects. However, he appears to...

Binance CEO Says Buy Back Or Burn Terra (LUNA) To Create Value, Confirms Exchange Doesn’t Hold UST

Binance CEO Says The Exchange Doesn’t Hold Any UST and Terra team should Burn LUNA to help price recover. ...

Top DeFi Coins Ready to Explode: Chainlink (LINK), Fantom (FTM), and Logarithmic Finance (LOG)

DeFi is rapidly surpassing conventional banking as an innovative application, and the expansion in the future years will be unparalleled. From pioneering borderless payment to...

Can Calyx Token (CLX) Empower the DeFi Space as Tron (TRX) Empowers the DApps Community?

DeFi tokens are taking over the market in the world of digital currencies due to their ability to be swapped or traded for other...

Subscribe To Our Newsletter

Get Updated with All The latest Crypto News, Articles, Reviews, Analysis and much more. Delivered Every Monday.