Simply put
- Spike Lee will release a series of Ethereum NFTs based on She’s Gotta Have It’s appearance as Mars Blackmon.
- Lee talked to Decrypt about how this project will fund young filmmakers and get NFT holders to vote on which projects will take place.
Legendary filmmaker Spike Lee is the latest veteran director to make a leap forward. NFT Space for future collections Ethereum Artwork based on the still images of the 1986 special feature “She’s Gotta Have It”.
Like Quentin Tarantino When Kevin SmithThe writer and director of “Do the Right Thing” is exploring the possibility of using his IP. Web3 space.In this case, he does so through a new filmmaking platform called Visible projectThis supports young directors and allows NFT holders to vote on which films to fund.
Lee appeared in Gary Weinachuk’s VeeCon Conference After discussing the initiative in Minneapolis on Friday Decryption After his on-stage interview.
The Visible Project will release 3,945 Ethereum NFTs featuring still images of Lee depicting the character of Mars Blackmon in “She’s Gotta Have It”. Lee starred in a series of Nike commercials, especially Michael Jordan, as Blackmon, and Lee recently starred in a short film as Blackmon to commemorate Nike’s 50th anniversary.
Each NFT image is rendered from the original 35mm print on film and has generated effects, frames, and other details to visually distinguish each from the other images. The final details haven’t been confirmed yet, but they will be available this summer.
On stage, Lee told Vayner NFT President Avery Akkineni that his adult children Satchel and Jackson introduced him to the NFT. It serves as a proof of ownership of digital artwork and collectibles. Since then, he has purchased a single edition of NFT artwork, interacting with artists and doing homework to learn about the space.
“I think you have to do some research to learn about it in order to do something in this world and to succeed,” Lee said. Decryption.. “Dive into something that doesn’t know anything about it-it’s not a wise move.”
“Maybe I did it in an ignorant era,” he added, saying he was 65 years old. “But not now!”
After such a long and acclaimed filmmaking career, Lee said Decryption Creating an NFT is “something new to me.”Visible projects are supplied by Habitat LabLee, a Web3 infrastructure startup, said, “I’ve put him in the best position to win.” He then added, “Now it sounds like a sport.”
The Visible Project aims to democratize film financing by using NFT drops to raise funds and allow them. token Holders who vote on whether the proposed project will receive funding.
Co-founder Elliott Green said Decryption At VeeCon, Lee will guide filmmakers funding films through The Visible Project, enabling them to harness some of the production resources of Lee’s studio, Forty acres and Mule Filmworks. The platform will also launch a face-to-face film festival in Brooklyn in the spring of 2023, along with a virtual version.
“We are creating a decentralized film studio, where we plan to fund short films directly from emerging creators. All NFTs are voting,” Greene said. “That is, we are democratizing Hollywood’s greenlight process and can say what content we actually created.”
The Visible Project is the latest in a series of recent Web3 initiatives. Shake modern filmmakingFrom indie creators to beloved veteran directors.Platform like Roman Coppola decentralized photo When Mogul production Similarly, have the token holder vote on which project will be done. FF3 Use NFT Drops to fund your movie.
in the meantime, Shibuya Ward Is a platform that allows NFT buyers to influence the direction of the movie by voting for story decisions.And Kevin Smith’s Future Killroy was NFT here Allows owners to create their own movies and shorts using their respective NFT characters, after which “Clarks” director will work with them to release an anthology-style sequel.
“As they say, the horses are out of the barn,” Lee said. Decryption About the potential for NFTs to disrupt traditional film finance models.
Lee said it should be a fairly low-budget independent film as to whether to consider funding his film through NFTs. However, there are benefits to pursuing community funding through a decentralized Web3 model.
“Victory is that you own it,” he said. “You own it.”
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