Netflix is about to air the much-awaited documentary XRP which was announced and posted by Fruition Productions in April, and the crypto community is giddy with anticipation. The documentary explains the intricacies of Ripple’s history and its controversial spats with the Securities and Exchange Commission (SEC).
The XRP Unleashed Netflix release date is widely anticipated by supporters impatiently waiting for the documentary to begin. The global premiere date is November 21, and preorders are being accepted on the official website until then.
Taking matters into its own hands, the company is trying self-distribution. It will be distributed on major platforms such as Amazon and Apple TV among others. Most importantly, in a post on x.com, Fruition Productions maintained that “The documentary will be available in many places so that audiences can view it in the locations they think makes sense.”
Ripple-SEC Saga: A Central Theme
XRP Unleashed focuses on the highly publicized legal case of Ripple filed by the SEC. Determining whether XRP was a security has wide ramifications from a crypto market perspective. The documentary reveals this important case and informs about Ripple’s defense and broader effects of government oversight in the crypto market.
Those who have weighed in on how this can set the future trajectory of decentralized finance include well-known lawyer John Deaton, popular crypto influencer Zach Rector, and key employees at Ripple. Deaton, an ardent supporter of XRP holders in this case, refers to the SEC’s approach to regulation as “bullying” that could have disastrous consequences for the individual investor.
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However, the film is not all about Ripple’s legal tussles. Epistemically, the film explores how XRP goes about disrupting the global financial system. Interviews with market specialists and financial analysts give insight into how the XRP technology disrupts conventional banking systems, which facilitates faster and inexpensive cross-border settlements.
It also discusses, more generically, the so-called regulatory favoring of Ethereum and rumors of a Bitcoin ETF. Adding to the mystery is the “ETHGate” scandal, where regulators allegedly gave Ethereum preferential treatment.
Why XRP Unleashed Matters
The timing could not be more critical for the crypto sector. Global regulatory scrutiny is on the rise, and XRP Unleashed puts into perspective how all this debate surrounding investment, innovation, and the financial system affects everyone. It brings up some key questions regarding the proper balance of regulation to progress through the case study that Ripple presents in the film.
According to a statement by Fruition Production, the CEO of Ripple, Brad Garlinghouse, and his senior team couldn’t feature in the documentary because they turned down their request for an interview. At least one well-recognized face of the XRP industry seems to be featured, though the team behind the documentary did interview David Schwartz, the CTO of Ripple.
Fruition Productions said in response to the absence of some of the key ones. “I really don’t blame them at all when you think about the scope of the topics we’re touching. Resistance took the form of a requirement for numerous story compromises leading to random fame”
Distributional issues
Fruition Production self-distributed because it wanted to maintain its artistic integrity. The company emphasized that a direct deal with Netflix would include a lot of middlemen, which may cause the project never to be completed. They pointed, too, to increased diverse representation in the crypto space, saying demand is growing for content from non-traditional providers.
All in all, XRP Unleashed promises to be an interesting dive into the history of Ripple, offering insight into one of the most divisive topics in the crypto space.
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