This time, the game is going big. Let’s see the first cross-border cooperation between blockchain and “Journey to the West 2: The Demons Strike Back”

At 20:00 on December 14 , 2016 , Euro Crowdfunding, the first blockchain physical asset crowdfunding platform in China, launched the " Journey to the West 2: The Demons Strike Back " film and television investment share project, with a total investment of RMB 1.2 million and a project term of 1 year. The crowdfunding fixed income is 5% , and the project dividend is conservatively estimated to be as high as 30% to 60% .

Journey to the West : Conquering the Demons is a costume fantasy comedy jointly created by Stephen Chow and Tsui Hark, produced by Alibaba Pictures, and starring Kris Wu, Lin Gengxin, Yao Chen, Lin Yun, Bao Beier, Bater, Yang Yiwei, Dapeng, Wang Likun, Wang Duo, and Zhang Mei'e. Journey to the West: Conquering the Demons, directed and produced by Stephen Chow in 2013, is the prequel to A Chinese Odyssey. After its release, it broke many box office records and became the Chinese box office champion of the year. As a classic nostalgic IP Journey to the West series of theme movies, it has become one of Stephen Chow's most influential movies.

Be the most down-to-earth "blockchain"

Euro Crowdfunding was established in mid-2015 and is the first blockchain crowdfunding platform in China that uses physical enterprises as asset certificates. In May 2015 , Euro Crowdfunding launched the Shenzhen Yongnuoshan Electronics Projector crowdfunding project at the beginning of its launch, and issued the token "Smart Projection Asset". In half a year, the project distributed dividends three times, with an annualized rate of return of more than 50% .

Screenshots of the Journey to the West : The Demons Strike Back

At present, including the crowdfunding of " Journey to the West 2: The Demons Strike Back ", Euro-Land has a total of four projects in hand; they are: Yongnuoshan electronic projector, Danmunier high-end women's clothing, Linghu Chong grilled fish and " Journey to the West 2 : The Demons Strike Back " . Except for " Journey to the West 2: The Demons Strike Back", all other projects have completed crowdfunding and regular dividends, and the tokens of each project can also be freely traded on Anbang Digital Assets. Unlike most digital currency trading platforms, Euro-Land platform is very strict in the inspection of projects, and only PE projects with stable profits are launched. Founder Sun Yonggang said that Euro-Land is the first blockchain trading platform in China. It is not just a random crowdfunding project and then a token for trading. Euro-Land is using the concept of blockchain to do things and make the word blockchain more down-to-earth.

Cross-border cooperation, run faster

The crowdfunding of the film and television investment shares of " Journey to the West 2: The Demons Strike Back" started at 8 pm on December 14 and lasted for three days. It is the project with the shortest crowdfunding cycle since the launch of Euroland. As soon as the crowdfunding project book was announced, investors were eager to try, and the enthusiasm of users for investment continued to rise. In addition to the cross-border cooperation project creativity, the super box office appeal of the director and superstar lineup, the classic IP and the championship reputation, plus the fixed income and dividends of the project, have become the highlights of this crowdfunding. Of course, film investment itself is also a high-yield industry. Let's take a look at a set of data below:

The average investor of "The Return of the Great Sage" earned 250,000 yuan.

"Love Is Not Blind " earned 360 million yuan at the box office with an investment of 15 million yuan, and the investment-output ratio reached 1:24 .

"Lost in Thailand" was invested with 30 million yuan and grossed 1.264 billion yuan at the box office, with an investment-output ratio of 1:42 .

"The Pancake Man", which only cost 20 million yuan to invest , achieved a box office of 1.27 billion yuan, with a return on investment of 1:63.5 , far exceeding the above three films .

Talking about this project, Sun Yonggang said that Euro-Land has been conducting cross-border cooperation since the launch of the platform, and each project can be regarded as a classic case in the industry . We regard the crowdfunding of the film and television investment shares of " Journey to the West 2: The Demons Strike Back" as an attempt, and this kind of "attempt" may continue to derive in Euro-Land in the future . This kind of cross-border cooperation attracts not only users in the industry, but more users outside the industry, such as the "fan effect". I believe that everyone will vote for their male god and goddess. Using blockchain for crowdfunding of film and television investment shares can definitely "run faster" .