Sycamore Entertainment Group, Inc. announced that it has partnered with the Freiberger Company Inc. to launch MediaCoin LLC. MediaCoin is a media rights management application using blockchain technology. This application is a decentralized and encrypted system to manage artists and producers rights, track payments, ELIMINATE PIRACY, and manage terms of the distribution contracts and royalty revenues. Sycamore Entertainment Group will also seek to use MediaCoin to acquire film and television content as well as other media. This partnership between Sycamore and Freiberger is one of the world's first token collateralized asset management platform that offers artists and rights holders access to an open sourced management accounting and audit system, powered by a flexible and transparent ledger that is managed securely on a blockchain.