TL;DR
- MoviePass introduced Mogul, a platform that combines prediction markets and fantasy leagues focused on the film industry.
- Teams are built using internal credits purchased with stablecoins, hinting at future integrations with real-money betting.
- The platform received financial backing from Animoca Brands.
MoviePass, known for offering unlimited movie theater access through subscriptions, unveiled Mogul, a platform that merges prediction markets and fantasy leagues centered on cinema.
The platform entered public beta, allowing more users to create “teams” of movies, actors, and directors whose performance is measured by box office results and cultural impact.
Users select their teams using internal credits, and the platform accepts payments in stablecoins, paving the way for future real-money betting integrations. Participants compete for a $100,000 prize. The credit and payment system enables transparent activity tracking and a scalable framework for gamification and rewards.
A New Way To Engage With Cultural Products
Mogul operates similarly to prediction markets like DraftKings but focuses on entertainment and culture. Users can also answer daily polls about Hollywood trends, such as potential remakes of classic films.
MoviePass CEO Stacy Spikes stated that “prediction markets are growing rapidly and could become the next trillion-dollar digital economy. Mogul is the first fantasy entertainment market, turning fans from passive viewers into active participants.”
Animoca Brands Backed MoviePass’s Funding
MoviePass received support from Animoca Brands, which led its seed funding round in 2023 and explored the integration of technologies such as virtual reality in cinemas. The company replaced its original unlimited subscription model with a credit-based system, aligning it more closely with the crypto economy.
MoviePass plans to introduce real-money games in the future, strengthening its position within the financial and digital ecosystem by blending entertainment, cultural knowledge, and digital assets. Mogul aims to let users apply their Hollywood expertise, compete for rewards, and explore new forms of interactive entertainment.
MoviePass is not only redefining how audiences engage with cinema but also positioning prediction markets and tokenized credits as an innovative bridge between fans and the crypto world through stablecoins
