Fruition Production has announced an upcoming documentary on Ripple’s XRP that will air in November on Apple TV and Amazon. Other major platforms have yet to be confirmed.
According to official reports, the documentary titled “XRP Unleashed” “…will be available in many places so that audiences can view it in the locations they think makes sense.”
There have been some reports that the movie could be available on Netflix. However, Fruition Productions said this is only speculation. They addressed the rumors, saying, “Netflix was a rumor that was never true! Also, there would be many middlemen to get to Netflix that would harm the project on its way to completion.”
The production studio revealed that it would be self-distributing the film, eliminating the middlemen. Fruition revealed that:
Hollywood, in general, is in freefall, so there is less appetite more than ever on new content that isn’t from established providers, this means just like we’ve done the whole time, we have to remain self-financed and produce the project without their assistance.
Fruition Productions.
Incidentally, as Satoshi Nakamoto designed, crypto was created for this very purpose – to eliminate middlemen. XRP and its underlying XRPL have sought to eliminate the middlemen in the financial system, providing one of the most affordable peer-to-peer cash transfer systems.
Ripple’s CEO Brad Garlinghouse missing in action
Documentary producers say Ripple CEO Brad Garlinghouse has declined to appear in the documentary. However, they have covered takes from Ripple’s CTO, David Schwartz.
According to the producers, the documentary’s broad scope and its challenges of offering an unfiltered narrative may have impacted the CEOs’ decision not to participate.
The documentary’s trailer was released earlier this year. However, the production firm has said there will be another one “a week or two” before the official launch.
Some X users who commented below Fruition Productions’ tweet said the time of the documentary’s release is more than acceptable, given XRP’s potential for a bull run later this year.
Earlier this month, Judge Torres directed Ripple Labs to pay a $125 million fine for breaking multiple securities laws. The amount is a fraction of the $2 billion sought by the SEC, leading many industry participants to see the ruling as a Ripple triumph.
Both sides have until early October to appeal the ruling. While the development could cause additional volatility for the XRP price, none of the parties involved have yet taken action.
According to on-chain data from CoinGecko, XRP is down 0.9% at the time of this writing and currently trading at 0.5767.
