MoviePass, Inc. is an American subscription-based movie ticketing service. The service was launched in 2011 and allowed subscribers to purchase up to a movie ticket a day for a monthly fee.The service utilized a mobile app, where users check in to a theater and choose a movie and showtime, which resulted in the cost of the ticket being loaded to a prepaid debit card, which was used to purchase the ticket from the movie theater.&nbsp;MoviePass said it plans to use the new funding to accelerate the beta relaunch of its movie theater&nbsp;subscription service, and to develop and implement the company’s Web3 strategy, which includes virtual reality cinema experiences and using technology to drive traffic to theaters.

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