Tuesday, February 27, 2018 1:08:27 PM
Hollywood, CA -- February 27, 2018 -- InvestorsHub NewsWire -- Sycamore Entertainment Group, Inc. (USOTC:SEGI), a leading innovator in hybrid film and entertainment distribution, is pleased to announce several prominent theaters in the Chicago and surrounding areas will accept MediaCoin LLC tokens as payment for goods and services.
Cinemasentertainment.com parent company of Lawndale Theaters has agreed to accept MediaCoin LLC tokens as a form of payment at the box office and for other entertainment products and services.
“Because we are seeing such a strong uptake to our blockchain and streaming technology, Lawndale theaters has agreed to be the first to accept MediaCoin LLC tokens as a form of payment” Says Ed Sylvan CEO of Sycamore. He goes on to say “As a result of the recent exciting developments and despite the fact that the whitepaper and it's corresponding streaming technology are complete and actively functioning in the marketplace, Freiberger Company, Cinema Entertainment and Sycamore Entertainment as a group have agreed to temporarily delay the official launch of MediaCoin LLC in an effort to obtain the necessary confirmations and protocols from all the parties involved."
The company is confirming all aspects of its launch to solidify its positioning as a process leader and focusing on all regulatory matters.
Mr.Sylvan Says, “We are a unique offering in this space. That is evidenced by the level of support we are getting from the entertainment community. We want to make certain that we deliver the best opportunities for our new partners within an SEC compliant framework.”
Sycamore will continue to provide updates on the new release timing as well as the latest updates on its’ partners, Technology and film projects.
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