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1/ What does Hollywood have to do with crypto? Right now, 5 big studios control 80% of box office revenue. That is some serious centralized power. Come along for a quick story about how crypto is empowering filmmakers and audiences outside of the traditional studio system…🧵
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2/ Meet @Julie_Pacino. She is a writer, director, and NFT artist. For the last several years, Julie has embraced the opportunities web3 provides for creators and filmmakers to explore alternative ways of building communities and financially supporting new artistic visions.
3/ For her film “I Live Here Now,” Julie looked to her passion for NFTs as a way to fund her movie and involve fans in the filmmaking process, blazing a path forward for the world of moviemaking that doesn’t require studio support.
4/ Julie turned early concept photos from her film into NFTs and fans who bought them got special perks — all the way up to associate producer credit. Some even shaped the film’s story: “several holders have helped me with the creative, sharing their ideas.”
5/ Julie’s story is just one of many. NFTs are empowering filmmakers to make the kinds of movies they want to make *and* empowering fans to fund the movies they want to see, while giving them a chance to get involved.
6/6 Want to dive deeper into the world of NFTs in the film industry? Join @YusufOmarSA as he chats with @Julie_Pacino and travels around LA to understand how crypto, NFTs, and web3 are changing how movies get made. 👇
@Theta_Network setting up the video delivery infrastructure on chain will come in handy one day 😉🎥🍿
Right now 2 big exchanges control more than 80% of the crypto market 👀
This is a concept @HendrikHey1 had many years ago and is being developed through the @MILCplatform $MLT Check out their whitepaper
@antiprosynth As the Media & Entertainment blockchain $THETA is providing this infrastructure for independent artists. In addition to their current partnerships with Hollywood including Loinsgate, MGM & CAA.
Hi! is the world’s most powerful #decentralized #filmmaking ecosystem, placing #Hollywood decision-making into the hands of #creators and #fans. Ask @moonwatcher1 how he kept his creative freedom with our latest Original 5-25-77.
![Binance CEO CZ 🔶 BNB says the crypto industry is too transparent: "I think right now the crypto industry is too transparent. It's actually extremely easy to track crypto funds. The blockchain is a public ledger. If you couple that with a few centralized exchanges, KYC information, you can track most of the transactions pretty accurately. So I think right now there's a lack of preserving of privacy." "For example, if your company pays everybody in crypto and if you get one payment today on the blockchain, you can just trace to the address that paid you and see how many addresses that address paid in the last week, then you can figure out everybody's salary. That's a privacy issue." "Another example, if you pay for a hotel [in crypto], then people will know that you're going to stay at that hotel, which for some people may create security issues. So there's little problems like those that are not solved yet."](https://image.24vids.com/tw-2042724121327604022/amplify_video_thumb/2042724058501197824/img/ZTfUQbhFT_G7IfKB.jpg)
