{
    "success": true,
    "data": {
        "id": 1827175,
        "msgid": "blockchain-based-platform-readies-funding-for-national-film-industry-1782546627",
        "date": "2026-06-27 14:08:00",
        "title": "Blockchain-Based Platform Readies Funding for National Film Industry",
        "author": "Putri Rosmalia",
        "source": "MEDIA_INDONESIA",
        "tags": "",
        "topic": "Technology",
        "summary": "A blockchain and AI-powered platform, Show Token, has launched in Indonesia with a USD 100 million commitment to fund Southeast Asian entertainment, focusing on the country's film sector. The platform aims to address chronic funding and distribution inefficiencies by offering token holders real-world utilities such as decentralised executive producing. It has already backed a successful horror film and plans to fund over 30 titles this year through partnerships with local production houses.",
        "content": "<p>Funding remains one of the main challenges facing the Indonesian film\nindustry. High production and distribution costs, along with limited\naccess to financing sources, often hinder the creation of new works.\nAmid rapid digital technology development, various innovations have\nemerged to cut through these barriers, including through digital funding\nschemes. A blockchain and artificial intelligence (AI) based platform,\nShow Token, was officially launched in Indonesia on Friday (26\/6). The\nplatform focuses on building a funding and distribution ecosystem for\nentertainment content, particularly the film industry, with a massive\nfunding commitment of USD 100 million for the entertainment industry in\nSoutheast Asia, including Indonesia. \u201cWe view Indonesia not as a\nconsumer market, but as an epicentre of talent that has long lacked\nliquidity and an efficient distribution system. We are here to resolve\nthat inefficiency,\u201d said Show Token COO, Joshua Khubani, in a press\nstatement received on Friday (26\/6). Technically, this digital asset\noperates on the Ethereum network (ERC-20), a blockchain ecosystem. Token\nholders (project backers) will enjoy real-world utilities, ranging from\nDecentralised Executive Producing (the right to support film funding) to\nExclusive Behind-the-Scenes Access. In June 2026, the funding platform\nmade its debut by financing the horror film \u2018Cerita Lila\u2019, which\nsuccessfully attracted 500,000 viewers in its first week of screening,\nand is set to continue with the film \u2018Sihir Tanah Kubur\u2019 next July. This\ninitial step will be followed by a production funding target for more\nthan 30 horror and drama film titles throughout the year. The ambitious\nproject is carried out through close collaboration with several\nproduction houses. Films ready to be supported include \u2018Seporsi Mie Ayam\nSebelum Mati\u2019, \u2018Taboo\u2019, \u2018Siti Vampire\u2019, and \u2018Sebelum Tiga Puluh\u2019.\n\u201cIndonesia has an extraordinary wealth of narratives, but often our\nsteps are halted in the domestic market due to a lack of global\ninfrastructure. We want to build a digital ecosystem that allows the\nnation\u2019s works to be accessed and appreciated more widely,\u201d said Show\nToken CEO, Akshay Melwani. Through its official launch in Indonesia,\nAkshay hopes the platform\u2019s presence can encourage collaboration between\nfilm industry players, the technology community, and various\nstakeholders in utilising blockchain and AI technology to support the\ndevelopment of the national film industry.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/blockchain-based-platform-readies-funding-for-national-film-industry-1782546627",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}