BitMovio will acquire more than 90 hours of premium film content for its blockchain-enabled video entertainment marketplace, available in open beta to users via web browsers, iOS and Android devices. It will also acquire the rights to offer its users a “movie night” live event-type experience by live-streaming certain films.

“What makes BitMovio unique from platforms like YouTube is that we're dedicated to enabling content creators to instantly engage with their audiences with superior economics and transparency that are enabled by blockchain technology and enhanced by ‘gamification’ elements like our MoviBits virtual currency,” said Simon Zhu, co-founder and CEO of BitMovio. “Gunpowder & Sky is the ideal partner for bringing premium brands such as DUST and ALTER to our community, which has already demonstrated a strong passion for sci-fi and horror content.”

“We are always looking for new ways to deliver our programming to our more than 10M DUST and ALTER fans, as well as find new audiences," said Floris Bauer, president of Gunpowder & Sky. “Partnering with BitMovio, as a cutting-edge and forward-looking new video platform, is a natural fit for us and we are excited for our brands and audiences to start using the platform.”