There are many celebrities taking part in the crypto sector including Johnny Depp. Many are endorsing the likes of initial coin offerings (ICOs). Some of these ended in disaster. In fact, an example of this is the fraudulent scheme involving promotional work from Floyd Mayweather and DJ Khaled.
Other celebrities are planning on launching their own tokens through a variety of different platforms.
Johnny Depp is now dealing with TaTaTu. This is a social media startup which is built on the blockchain. The founder is Andrea Iervolino and they will be collaborating with Depp to make digital content.
He will work alongside his current film production firm in Hollywood, Infinitum Nihi. Currently, Iervolino also works in the AMBI Media Group, in addition to being the co-founder for AMBI Pictures.
What are the details of this new agreement with Depp?
Therefore, their first project seems to be a movie production “Waiting for the Barbarians.” It adopts the well-known novel written by JM Coetzee.
Additionally, plans to start shooting are already in place. Filming starts in October in Morocco, and AMBI will be producing the film. Numerous Hollywood actors such as Robert Pattinson, Depp and Mark Rylance will participate in an acting capacity.
However, TaTaTu is not your usual type of social media startup. They had their launch about six months ago and they have already begun acquiring various forms of content. Another planned movie is Lamborghini biopic, and will be starring Alec Baldwin and Antonino Banderas.
The startup plans to eventually utilize tokens in order to provide payment for creators and users. At the moment, their tokens available to trade on the virtual exchange Liquid. They held their pre-sale in the summer of 2017. Consequently, they received more than $575 million via this token sale.
Talking about this new deal with Depp, the founder of TaTaTu praised the actor’s talent and creativity. They believe Depp has the prowess that will assist them in taking on the industry.
They aim to disrupt the sector and start a new trend for producing content. This will certainly be something that will be interesting to watch going forward. It seems that the company plans to produce innovative content the public to enjoy.
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