Wall Street

In The Shadow Of Crypto Crash, A Bold New Hollywood Token Takes Flight: $FLIX

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Knewz

By Richard Horgan Los Angeles (Knewz) — This spring, Ben Rosenblatt, executive producer of the TNT-Netflix series “Snowpiercer,” and Micho Rutare, former head of development at The Asylum, where he oversaw the “Sharknado” movie series, jumped into the crypto market. They did so with a unique twist. Unlike most cryptocurrencies, theirs, $FLIX, takes a portion of each transaction and applies it for use in various film and TV projects. There is also an additional buy-back component. “We started in April, and that was the fading gasp of the old bull market,” Rutaro tells Knewz.com via telephone fr…

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