You wrote The Infinite Machine, Ethereum’s best-selling novel. Now it will be adapted to Hollywood feature films. How do you feel
Well, it feels surreal. First of all, with such great feedback, writing a very popular book from the community was the most fulfilling thing I’ve ever done. It happened at night before I published my book.
When I was writing my book, I was writing it in a way, hoping it would come back to life. Then add and create colors and make sure the instructions are there so people can imagine what’s going on.
I was worried when I wrote that it would be great if this (book) actually appeared in a movie. I never expected that to happen, but I can’t believe it now. I am grateful that this worked and I feel happy and lucky.
When did you first decide to write a book, and what exactly were you thinking when you started writing this novel?
I decided to start writing this book in December 2017. I was in Bloomberg at the time. I’ve been there for eight years and covered the market. In 2017 I covered cryptocurrencies, and writing a book has always been my dream. So I was looking for what the story was.
At the end of 2017, I decided that there was a kind of book material on cryptography, and from there I asked myself, “What is the biggest and most important story to tell?” It was clear to me that it was Ethereum. I already had a book about Bitcoin, but I felt that there was a lot of information about the inside story of Bitcoin.
But there was really nothing in the story of Ethereum. Ethereum is the second largest cryptocurrency, but it is also the first smart contract platform. It also drove the entire 2017 ICO boom, so for me it was already making history and changing the blockchain industry and even the tech industry.
So it was a story worth documenting – whether Ethereum “wins” in the long run. It was worthwhile to properly document the story of Ethereum’s founding in a book. So I decided to propose the idea of writing a book about the history of Ethereum.
At the end of 2017, I pitched this to an agent and wrote a book proposal. And in April 2018, I signed a contract with a publisher.
NFT paving the way for unique funding methods
I also read somewhere that movie funding is done in a unique way. Can you tell us a little about it?
I was fortunate to be an executive producer of Infinite Machine. So it affects me how the movie is funded. When we started these conversations, I thought it was important to include the Ethereum community in the funding process. This is the first film on the history of Ethereum, and it makes sense to use Ethereum technology to engage the Ethereum community.
So I created an NFT collection to raise money for the movie. We aim to raise as much budget as possible through NFTs. At least some of the films will be funded by NFTs in the Ethereum community, although they will need to be funded in the traditional way. It was very important to me.
This NFT collection is a collection of over 10,000 NFTs. This number is linked to EIP1559. We invited 36 artists from emerging countries to design different versions of the Ethereum logo. We then turned them into mosaics and combined these mosaics to create over 10,000 collections.
Make Market Blues last longer?
Recently, NFT sales have fallen to the lowest of the year. What do you have to say about it? Looking at the current bear market, what is the future of DeFi and NFT spaces?
I’ve been using cryptocurrencies for some time and obviously there are ups and downs in the space. It’s a very volatile market. But there are so many promises that investors and traders can go ahead and bring a lot of speculation and hype over the fundamentals of the universe.
I think that’s been the case in the last few years. It happened in 2017. It happened in 2013. But under this underlying hype, true innovation and technological revolutions centered around blockchain technology continue.
Therefore, I think this space will continue to grow and evolve. The price does what they have to do. It’s not just a crypto crash, it’s a macro crash. There are many types of macro headwinds.
Also, while reality has caught up with the crypto space and dragged everything down, projects with real fundamentals and substance will continue to prosper beyond the bear market.
Do you think cryptocurrency, blockchain, and Web 3.0 perceptions could change for the average audience in the long run as Internet machines become Hollywood movies?
That is certainly my hope for this movie. If I can do that, I feel like my dream will come true. When I started writing the Infinite Machine, it had a mainstream audience in mind so that anyone could pick it up and enjoy it, whether they had heard of Ethereum or not. Did.
I think movies have the ability to reach emotional aspects that books can’t. Books can appeal to more rational aspects, and less people read books, but movies have a mainstream appeal.
Movies are another medium, so you can move people in ways that books can’t. So I’m looking forward to seeing if this movie “Infinite Machine” can make such an impact on people. I hope it can convey this message. As you know, this is an innovation and offers an alternative to traditional methods.
Many people say that “cryptocurrencies are dead” as soon as the market goes down. What do you have to say to those people and that kind of FUD?
I say they have much more encryption than price. Fortunately, real-world use cases and applications are working and delivering value with real-world users and volumes. If you go where the builders are, if you go to meetings, especially hackathons, you’ll find that the crypto market is more vibrant and growing than ever before.
Builders are certainly continuing to build in the bear market. In fact, it’s a good time to build, as you won’t be distracted by rising prices or all this hype. In many cases, you are forced to make something useful, which brings more valuable applications into the bare market.
When money is flowing, you can get rich by running a random 10KNFT collection. That way, you don’t have to build something innovative and interesting. In the bear market, it changes. So, in reality, it’s time for cryptography to become even more fun. History shows that what is currently being built in the next few months of the bear market will facilitate the next bullish move.