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New Klapcoin cryptocurrency aims to help French cinema find funding
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A new cryptocurrency is on the scene and is aiming to finance French cinema.
Klapcoin was launched on Tuesday by Sarah Lelouch, the daughter of the renowned French director Claude Lelouch.
It is a decentralised blockchain-based asset that wants to involve as many people in the production as films.
"Cryptocurrency is a great way to get the general public interested. I think the public is always right," Sarah Lelouch told AFP.
She is hoping to raise €2.8 million in the first quarter, which she says would allow everyone to invest in the crypto.
Klapcoin uses blockchain technology to record transactions and will be used to help finance films and series. Unlike traditional ways of financing cinema, investors can expect to see the value of their
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