After first being introduced into professional basketball as tickets/memorabilia, NFTs continue to expand in the entertainment industry. Zero Contact was the first star-filled movie that was released as NFT last September, featuring Oscar-winner Anthony Hopkins. This week, we are seeing more signs of accelerated adoption in the heavily centralized movie industry.
Calladita Indie Film Raises Funds Through NFTs
With the previous short film, The Death of Don Quixote, under his belt, the 29-year-old film director Miguel Faus is trying to make a fully-featured movie, this time titled Calladita. The indie film features Paula Grimaldo and Emily Mortimer as the two female leads, telling the story about a young Colombian woman Ana serving as a maid in a summer mansion.
Not to be confused, Faus already directed Calladita as a short film in 2019. Due to its stellar critical reception at a host of indie film festivals, he decided to upgrade the short film to a fully-featured one. In the pre-blockchain era, he would have to beg big financiers for money. Now, several projects, such as ConstitutionDAO, have showcased that multi-million NFT funding is possible.
Moreover, Faus even ditched the traditional crowdfunding platforms Kickstarter and Indiegogo, saying that:
“The whole reward system is kind of subverted. The interests of the backers and the creators are much better aligned.”
Those who wish to support him will be able to do so starting on March 2. An extra bonus of insurance is that they can first watch the Calladita short version here, in order to see if they will like the expanded one. NFTs will come as stills and videos from the original short, topped with an exclusive four-minute short revolving around the Ana character.
Dubbed Ana on an August Day, that NFT will be unique, only issue to one funder.
A-Lister Reese Witherspoon Turning Into NFT Movie Producer
Playing on the strength of her good looks, Reese Witherspoon is notable for jumpstarting her career in the late 1990s, effectively playing herself in highly successful movies Election, Legally Blonde, and Pleasantville. Now 45-year-old, Reese’s latest notable films were A Wrinkle in Time and Home Again, both profitable at the box office but only by a slight margin.
Those who have been following her career have noticed that, for the last decade, she has been filling the role as a producer and voice actor more than live-action. It is then no surprise that the Oscar-winning actress is turning her media company Hello Sunshine into an NFT factory.
Feminist-oriented, Hello Sunshine partnered with World of Women (WoW) to start churning feature films and TV shows. The themes will revolve around women in male-dominated NFT spaces. WoW’s previous NFT collection has a floor price of Ξ8.4, featuring 10,000 artworks of “diverse and powerful women.”
Remarking on her partnership with World of Women, Reese told Variety that she is looking forward to making the spirit of the NFT collection into an innovative and unscripted content.
We’re proud to partner with WoW to expand their universe of characters and to develop innovative scripted and unscripted content. We look forward to engaging with the remarkable WoW community at every step of this partnership and creating opportunities for WoW holders to work collaboratively with Hello Sunshine on transforming the WoW art into powerful stories.“Interestingly, women far outnumber men in colleges in almost all developed nations, in addition to getting hired more across the board due to gender quota policies, so it will be interesting to see what the twist of the series will be.