Avi or MP4 with an alpha/opacity channel

Hello everyone!
I cant find any definitive info on: Can you use a video file, inside the engine with transparency sections in it?
What im trying to do is to have a couple of moving objects from a clip projected over a model. I have tried using decals, loaded with a flipbook and it works, but it is very limited.

Can I use a video file, where only a specific objects from the video are projected and the rest is alpha-ed out?

Thank you in advance!

Hello Lorvang,

I’m not experienced in this - but these links may be helpful!