www.banklesstimes.com
HomeNewsUntold.io Launches First SEC-Regulated Equity Crowdfunding Platform for the Entertainment Industry
Untold.io Launches First SEC-Regulated Equity Crowdfunding Platform for the Entertainment Industry

Untold.io Launches First SEC-Regulated Equity Crowdfunding Platform for the Entertainment Industry

Last updated 5th Aug 2022
Disclosure
  • Untold.io offers both accredited and non-accredited investors a first-of-its-kind investment opportunity
  • Untold.io is the only SEC-registered funding platform that allows anyone to invest via both Reg CF and Reg D

Untold.io has launched Hollywood’s first and only SEC-regulated, equity investment platform and digital community that connects filmmakers, investors, and distributors to curate and fund mass content, Bankless Times learned from a press release.

Democratizing production of entertainment

Developed as a way to democratize the production of a variety of entertainment content, starting with film, Untold.io offers both accredited and non-accredited investors a first-of-its-kind investment opportunity for a minimum investment of $1,000.

Anyone can invest

While traditional crowdfunding models in the media space allow participants to donate toward film production, Untold.io is the only SEC-registered funding platform that allows anyone to invest via both Reg CF and Reg D.

Investors and producers may sign up on the platform to support or list a project. Credit cards, ACH, checks, and wire are accepted. The company is closely observing the digital asset ecosystem to implement blockchain solutions down the road including but not limited to payments.

Ali M. Aksu, international film producer, Founder, and CEO of Untold commented:

We created Untold to respond to the growing demand for streaming content, and also open the investment opportunity in a way the finance industry has never seen before. All projects go through an extensive due diligence process to feature projects from major and minor studios, senior production houses, and independent producers while offering both retail and institutional investors a simple, cybersecure means to invest.

First movie starring DeNiro, Morgan Freeman released November

Founded in 2018 at MIT and incubated in 2019 at Singularity University in Silicon Valley, UNTOLD is designed to accelerate the production cycle and allow retail investors to participate in the world of content.

Successful projects offer a variety of benefits that may range from attendance at film premieres, inclusion in credits, NFT merchandise, and more. In 2021, the angel-funded company completed its proof-of-concept stage with a $1M raise on an independent feature film that is currently in post-production.

The first project on the platform is titled “The Comeback Trail,” starring Robert DeNiro, Morgan Freeman, and Tommy Lee Jones, to have its US release in November 2022.

Daniela Kirova

Daniela Kirova

Daniela is a writer at Bankless Times, covering the latest news on the cryptocurrency market and blockchain industry. She has over 15 years of experience as a writer, having ghostwritten for several online publications in the financial sector.