Entertainment
Nollywood Veterans Endorse Nollycoin Technology
Some Nollywood veterans have endorsed a new project tagged “Nollytainment” to tackle some intractable problems facing Nollywood and other African movie industries by using block chain technology to power a new movie entertainment ecosystem.
Briefing the press recently, Nigerian entertainment stakeholder and founder of Nollytainment, Dr Ope Banwo said the use of ecosystem would centre on Nolly TV which enabled peer-to-peer movie sharing portal for the publication, distribution and consumption of movie using Nollycoin as the means of exchange.
“Nollycoin will be the official coin to access and purchase products in Nollytainment ecosystem”, Dr Banwo said. Banwo who is also the CEO of Dove Media Plc, stingomania entertainment and Nollywood block busters, stressed that some of the benefits of Nollycoin was to tackle lack of access to sustained capital by producers to produce qualitative movies, issues of proper copy right documents, protection and piracy, structural problems for fair compensation for collaborations.
Banwo further stressed that “the value proposition of the Nollycoin offers a lot of win-win opportunities to stakeholders in the entertainment industry except the pirates and copy right thrives.
“Some of the solutions Nollycoin/Nollytainment project is bringing into Nollywood is that we are providing access to financing and capital to 3rd world movie producers to produce qualitative movies for the international market and also provide top financial backing for some of our best producers in Nollywood to produce films for enjoyment of our ecosystem and global group of African movie Lovers”, he stated.
“All stakeholders will enter their copy right content into Nollycoin block chain and harvest the profits worldwide ad infinitum. Two collaborations and creative artistes in the movie production chain win” he further stressed.
Other benefits highlighted include, Nollycoin ICO initiative which he said was a crowd funding campaign to raise funds for Nollytainment block chain.
We are raising fund to execute the big plan and objectives through a global crowd fund with Nollycoin as the exchange for supporting the project.
The Nollywood pre ICO is from March 1st -31st while the ICO itself will take place from April 1st to 30th, 2018. A minimum of 0.50 entherium was approximately $425 with 16,000 Nolly for every 0.50 entherium and 30% bonus on all purchases.
Meanwhile some Nollywood Veterans are said to have endorsed the Nollytainment/Nollycoin project. They include: Emem Isong, Charles Novia, Tade Ogidan Simi Ope Oluwa, Fred Amata, Daniel Ademinokan, Zeb Ejiro and Fathia Balogun among others who were present at the press briefing, while Zack Orji and Richard Mofe Damijo (RMD) have also consented to the project.
Entertainment
My Relationship With Davido Beyond Money, Gossip -Cubana Chief Priest
Popular businessman and socialite, Pascal Okechukwu, aka Cubana Chief Priest, has said that his relationship with singer Davido is beyond money and gossip.
He stated this in a recent interview with BBC Igbo.
“Davido is my friend. He is my in-law; he married Chioma who is from Imo State where I hail from.
“So the relationship I have with Davido is beyond money and gossip,” he said.
DAILY POST reports that Chief Priest disclosed via his Instagram page that his outfit for the wedding of the singer, Davido and his wife, Chioma, in Lagos on Tuesday cost seven million Naira.
The socialite recently appreciated Davido for not “discarding” Chioma.
He stated that the DMW boss has made Imo State proud by choosing to marry from the state.
Entertainment
Simi Joins Kenya’s Anti-Tax Protests
Nigerian singer Simisola Kosoko, popularly known as Simi, has lent her voice to the ongoing anti-tax hike protests in Kenya.
The Tide’s source reports that Kenyan youths are marching against tax hike in widespread demonstrations tagged ‘RejectFinanceBill2024.’
Five people were shot dead and dozens wounded after police clashed with protesters who stormed the parliament building in Nairobi on Tuesday, according to Amnesty Kenya.
Reacting via her X handle on Tuesday night, Simi declared her support for the demonstrators.
She stated that “it is both powerful and heartbreaking for a people to have to fight and die for freedoms and rights.”
The singer wrote, “I stand with the people of Kenya. It is both powerful and heartbreaking for a people to have to fight and die for freedoms and rights. Godspeed and Strength. [Hash tag] RejectFinanceBill2024.”
In a series of other posts, she wrote: “Wow. When you’ve had enough, the fight is almost inevitable.
“African leaders- have not you done enough?
“I can’t wait for the day Africa is not a weapon fashioned against Africans. All of this amazing Black power and human resource, but the majority are not likely to thrive unless they run.”
Entertainment
Davido, Zlatan, Others In Attendance At Asake’s Atlanta Concert
Famous Nigerian Afrobeat singer, Davido was spotted among other top artistes at Asake’s ‘Lungu Boy’ tour concert in Atlanta, Georgia.
Asake’s performance at his sold-out show at the 17,000-capacity State Farm Arena in Atlanta began on August 16, 2024, and is set to run for 10 days.
In a trending video on social media, Davido appeared backstage with American rapper Quavo to support Asake during the live performance.
Other musicians in attendance included Nigerian hitmaker Zlatan and American rapper Russ Millions.
The Tide’s source reports that Asake’s ‘Lungu Boy’ tour is set to cover six U.S. cities, where he will headline notable venues including Madison Square Garden in New York, the Toyota Center in Houston, and the State Farm Arena in Atlanta.
Asake’s tour comes just days after the release of his latest hit, ‘Lungu Boy,’ which features several superstars, including Wizkid, British rappers Central Cee and Stormzy, Travis Scott and Brazilian singer Ludmilla.
‘Lungu Boy’ set a new record for the biggest opening week on Spotify Nigeria, garnering 18.9 million streams in its opening week and breaking the previous record of 14.4 million streams held by Davido’s ‘Timeless.’
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