Blog Posts Archives - Page 22 of 22

Mogul to Work With CrooGloo on Productions

BEVERLY HILLS, CA

Mogul will be leveraging CrooGloo as a preferred vendor on its film & television productions

Mogul Productions, the decentralized film financing (DeFiFi) platform, will be working with Croogloo as a preferred vendor to manage production documentation on a network to ensure transparency and compliance.

Croogloo connects all off-chain data sources to allow Mogul to oversee the finances of all of our productions.

“We’re proud to be working with Croogloo, as they’re trusted by the world’s largest studios such as Paramount, Disney and Netflix,” said Gagan Grewal, CEO of Mogul Productions.

“Croogloo is thrilled to be partnering with a pioneer like Mogul, ushering a new era of Film & Television production. Working together to democratize an industry and empower anyone to make an impact,” said Gad Tisch, CEO of Croogloo.

Croogloo shares many of the same values as Mogul, including a serious commitment to security and privacy.

Learn more about Croogloo here.

About Mogul Productions (Mogul)

Mogul Productions is a decentralized film financing (DeFiFi) platform that connects creators, movie fans, and film financiers in one space to ensure the best films get made by giving everyone a voice. By leveraging blockchain technology, NFTs and a tokenized system, Mogul incentivizes participation and rewards engagement. Using the Mogul in-app payment and utility token (STARS), users can vote on, greenlight and participate in key decision-making aspects of production.

About Croo Gloo

Croogloo is a data platform for Film and Television production studios and crew. On a mission to empower studios and production professionals to connect operations for seamless data management and curation. Croogloo has been implemented on over 500 Film and Television productions by major studios like Paramount, Disney, and Netflix. Croogloo helps them connect operations to digitize processes, automate workflows, and leverage data to generate actionable insights.

‍

How to Bridge Your STARS Tokens to Binance Smart Chain (BSC)

STARS tokens are going to be available on Binance Smart Chain (BSC) as of July 15, 2021. By default, STARS are ERC-20 compliant, meaning they live on the Ethereum blockchain.

That means in order to hold and trade STARS on BSC, you need to trade in your Ether-friendly STARS for ones that are BEP-20 compliant.

Remember, you also need to be able to do the reverse and bridge BEP-20 STARS back over to ERC-20 because using STARS for voting or staking on the Mogul platform can only be done with the ERC-20 version.

Here’s exactly how to bridge your STARS tokens in six easy steps.

Step 1: Go to AnySwap.Exchange

Anyswap.exchange does exactly what the name says. It allows you to swap almost any digital currency for one of a different format. Click here to get to the website and get to the exact page for swapping the STARS currency pairing.

Here’s exactly what the page looks like:

Step 2: Decide Which Way You Want to Complete the Swap

If you have BEP-20 STARS and want to convert them into ERC-20 STARS, you need to choose the option to Redeem your tokens by toggling the menu to the top right of the screen. If you’re trading ERC-20 STARS for BEP-20 STARS, choose the deposit option. See the screenshot below:

Step 3: Choose the Right Blockchain Network within Your MetaMask Wallet

No matter what you’re doing, your MetaMask wallet always has to be set to the right blockchain network. If you select your wallet by clicking the fox icon that represents your MetaMask Google plugin and get a “Wrong Network” message, it means you need to either switch to Binance or Ethereum, depending on whether you are redeeming or depositing tokens in the step above.

If you don’t know how to connect MetaMask to BSC, check out this guide offered by Binance. See the screenshot below for further guidance:

Step 4: Initiate the Bridge Transaction

Enter the number of STARS tokens you want to trade and hit Cross-chain Deposit/Redeem. You need to swap at least 1,260 tokens in order for your transaction to go through.

Step 5: Confirm Your Transaction via MetaMask

AnySwap will accept your transaction, but that doesn’t mean you’re done. Once you initiate the cross-chain exchange, you’ll need to confirm it through MetaMask.

Make sure you have a minimum of 0.02 ETH in order to complete the transaction because you do need to pay a fee to the network.

Step 6: Check to See That Your Bridge Transaction Is Complete

Now that you’ve looked at your MetaMask wallet and confirmed your transaction, you can click on the STARS token to the far right to see when you’ve successfully bridged your tokens. Make sure you check that before you leave the page so that you don’t get caught having to do the transaction again.

You can now be fully confident in bridging your tokens from BSC to Ethereum and vice versa. Join us as we launch on BSC on July 15, 2021 and give you, the STARS token holder with the lower fees and faster speeds that BSC provides and that movie fans like you deserve.