Decentralized film financing platform Mogul Productions has unveiled the inaugural winner of its first-ever blockchain movie vote, revealing Terminal Station beat out competitors MR-9 and Devilreaux with nearly 75% of the popular vote.

The vote took place from Aug. 5 to 19, when token holders of a crypto currency called STARS could use their credits to choose between the three films. Users were able to cast an unlimited number of votes, however to prevent skewing, tokens were measured proportionally. (Nine STARS is the equivalent of three voting credits, however 1,000 votes would cost a million STARS.)

According to Mogul, STARS holders cast more than 45,000 votes over the two-week period. All three films were selected from a pool of about 500 entries, meeting strict requirements including having 50% of financing currently in place. They also had to feature A-list on-screen talent and experienced directors and producers, have imminent distribution deals, and feature a commercially appealing storyline.

Terminal Station hails from producers Binh Dang, Philip Goldfine, and Keoni Waxman. It’s a story of a retired mafia hitman who is leaving the lifestyle behind when he unintentionally saves a pregnant woman running away from her husband, an ex-mafia boss. The hitman then uses his skills to save the two of them while outmaneuvering his former employers.

The project is ready to go into production, as per another stipulation in the Mogul selection process. Key cast, distribution and other information will be released soon.

This is the second film funded by Mogul (Bonded will be released sometime later this year), but the first to receive funding through the company’s novel proprietary platform.

Toronto-based Mogul Productions launched earlier this year with the goal of decentralizing the world of indie film financing, following two years in development. Through its blockchain voting system and NFTs the audience becomes the producers, deciding on storylines, potential greenlights and other key decisions. The company currently boasts more than 50,000 users. In the first week of voting, the platform noted a surge of  15%  holders.

Earlier this month the company announced former Bell Media exec Mike Cosentino has joined Mogul as a strategic advisor through his own newly launched consulting company, CosMediaInc. In the role he will support the company’s growth strategy and report into co-chairs of financing, Paul Sparkes and Gorav Seth.

In the company’s July newsletter Mogul also touched on other upcoming developments, including new partnerships with Anyswap, ApeSwap and Beefy Finance. It also announced the additions of actor Isabella Blake-Thomas as a creative executive and Denton attorney Keith Stein as a consultant in the areas of business development, corporate partnerships and film financing.

During a recent AMA, Mogul founder and president Lisa Sun revealed Mogul is also aiming to launch an NFT marketplace in mid-September where fees on transfers will be shared with STARS holders. Heading into the final quarter of the year it also plans on adding continued features and working on a smart wallet and other integrations.

“Expect major NFT drops with top entertainment talent on a biweekly basis,” she said. “The people we are looking at partnering with must commit to aggressive co-marketing campaigns with Mogul and engaging with our community and each drop is prioritized to grow Mogul and our ecosystem — not capitalizing on the hype just for the sake of dropping an NFT. We want people who love crypto, love Mogul, and want to offer genuine experiences that align with our mission.”