Film / 5 posts found
Web3 and Hollywood: How Omega Runner is Democratizing Storytelling
It’s no secret that Hollywood is small. For decades, a select group of industry gatekeepers has dictated what and where stories were told. No matter how talented, most people won’t ever get to pitch their ideas to the teams capable of bringing them to life. But even with this knowledge, few truly realize how difficult chasing this dream is. Roughly 50,000 screenplays are registered with the Writer’s Guild of America each year — but in 2021, 403 movies were released in the United States and Canada. That’s less than a one percent chance to get your script made into a […]
The State of Web3 Film: How Royalties Help Visionary Artists Find Community
In 2020, artist J.N. Silva was in a Clubhouse room talking about NFTs and the power of royalties when a prominent psychedelic artist from the late 60s in the audience asked to speak. According to Silva, he shared, “I just stumbled into this room. I had no idea what was going on. But this single-handedly would have changed my life if it would have been around when I was creating art.” The artist, who Silva didn’t name, sold pieces throughout the 60s and 70s during what he called a “period of prime.” Today though, his works are reselling for millions, but due […]
Gala: A Platform Spending Billions to Build a Web3 Powerhouse
For Web3 companies in the entertainment industry, it’s crucial to understand how flexible NFT minting can be, especially when the goal is to onboard as many people to Web3 as possible. This is why diversifying platforms still under construction is so common among firms making their ascent in the space. And Gala is attempting to do just this. Perhaps best known for its Gala Games and Gala Music platforms, it took steps to expand its lead within Web3 via the August reveal of Gala Film, a platform that offers users the opportunity to enjoy “watch-to-earn” mechanics. Calling Gala “ambitious” may […]
Here’s Why Filmmakers are Abandoning Crowdfunding Platforms in Favor of NFTs
For years, independent filmmakers have turned to Kickstarter, Indiegogo, GoFundMe, and the like to secure funds for their passion projects. From critically acclaimed action comedies like King Fury to award-winning horror flicks like The Babadook, crowdfunding has helped many cult classics come to fruition. Yet, times are changing in the entertainment industry. The COVID-19 pandemic transformed the in-person reliant sectors of television, music, and film into a semblance of what they once were, forcing creators to think outside the box when launching new endeavors. Enter NFTs — a new, robust, growing ecosystem that lives at the intersection of art, tech, […]
Coinbase Is Creating A Three-Part Bored Ape Yacht Club Film Series
It just keeps getting better and better to be a member of the Bored Ape Yacht Club. The ever-popular NFT project and brand is now coming to the silver screen. Today (April 11, 2022), crypto-exchange giant Coinbase announced plans to create an interactive film series featuring the Bored Ape Yacht Club and ApeCoin communities. The three-part film series is titled “The Degen Trilogy,” and the first of the films is set to feature only the inaugural Bored Ape collection originally launched in April of 2021. A casting call went out today for any BAYC holders interested in submitting their unique […]