The Next Frontier of Film Finance, Ethereum Crowdsales
Five years ago, I wrote this article asking whether crowdfunding was the future of independent film finance.
Today, I am writing about the next frontier of film finance via crowdfunding, and it revolves around blockchain technology.
Rewards most often took the form of DVD copies of the film or tickets to the premiere screening or movie posters or other goodies.
For the first time ever, a feature film project will raise its production budget via an Ethereum crowdsale.
The film is called Braid and its producers are raising $1.4 million via this new frontier of film finance.