2024-08-18 18:15:00 +0300

How can DAOs involve fans in filmmaking? Expert answers

As more people begin to integrate Web3 technologies into entertainment and production, the use case for decentralized autonomous organizations (DAOs) in filmmaking has been highlighted in a Cointelegraph interview with Jake Fraser, the head of business development at the film-focused blockchain project Mogul Productions.

When it comes to DAO usage in films, a deeper level of fan engagement was highlighted by Fraser. As an example, the executive pointed out the involvement of fans in the production process such as in creating the script, choosing stories and picking the location. He explained that:

AD
AD

DAOs come into play within the film industry by enabling the fans to become more involved with decision making through the whole script to screen process of making a film.

Apart from this, fan involvement can be stretched out to even nominating a lead actor for the role or deciding the movie poster according to Fraser. The opportunities are endless, he said.

In addition to DAOs, Fraser also talked about the role of other Web3 technologies such as crypto wallets, decentralized applications (DApps) and nonfungible tokens (NFTs). Fraser explained that people can use wallets to connect with DApps which lets them be involved in the production process. Furthermore, NFTs can be used as tickets to a film premiere or as a way to gain ownership of a film.

Continue read on cointelegraph.com

AD
Logo Investing.com
CryptocurrenciesBy Cointelegraph2024-08-03 17:00:17 +0300
NFT communities greenlight Web3 films: A decentralized future for fans and Hollywood The traditional film industry is one of the most centralized and...

Logo Investing.com
CryptocurrenciesBy Cointelegraph2024-08-10 17:20:26 +0300
How to bake your own DAO at home With just 5 ingredients! Decentralized autonomous organizations come in all sizes and flavors. Some can seem sweet; others...

Logo Investing.com
CryptocurrenciesBy Cointelegraph2024-08-09 17:00:16 +0300
How to bake your own DAO at home With just 5 ingredients! Decentralized autonomous organizations come in all sizes and flavors. Some can seem sweet; others...

Logo Cointelegraph
CryptocurrenciesBy Cointelegraph Mitch Eiven2024-08-03 16:42:16 +0300
In the centralized movie industry, independent filmmakers are often denied a share of a successful films profits, while fans are locked out of the filmmaking...

Logo Coinworldstory
CryptocurrenciesBy Chainwire2024-08-11 22:03:27 +0300
Jackson, WY, USA, 11th August, 2022, Chainwire Gala, one of the leading innovators in blockchain gaming and music, has announced the launch of Gala Film....

Logo Cointelegraph
CryptocurrenciesBy Cointelegraph Ezra Reguerra2024-07-27 12:32:59 +0300
While some refuse to adopt nonfungible tokens (NFTs), others are finding ways to realize the potential of NFT technology to solve real-world problems. In an...

Logo CoinJournal
CryptocurrenciesBy Chainwire2024-08-11 22:13:26 +0300
Jackson, WY, USA, 11th August, 2022, Chainwire Gala, one of the leading innovators in blockchain gaming and music, has announced the launch of Gala Film....

Logo Coinworldstory
CryptocurrenciesBy Chainwire2024-08-10 13:59:15 +0300
Jackson, USA, 9th August, 2022, Chainwire Announce Partnership With Stick Figure Productions to Distribute Four Down Executive Produced by Dwayne Johnson and...

Logo CNN
MarketsBy Lisa Respers France2024-07-27 16:15:36 +0300
CNN — Brendan Frasers latest role involves a major transformation. The actor is starring in the forthcoming Darren Aronofsky film, The Whale in which he...

Logo Coinworldstory
CryptocurrenciesBy Verna2024-08-03 08:30:00 +0300
About Mogul Productions Airdrop Mogul Productions Airdrop is a decentralized film financing (DeFiFi) and movie-based NFT platform that connects creators,...

Logo Cointelegraph
Nonfungible tokens (NFTs) have grown a lot in popularity since the release of CryptoKitties in 2017, with the sector expected to move over $800 billion in...

Logo Bitcoin.com
CryptocurrenciesBy Sergio Goschenko2024-08-16 11:00:47 +0300
“Durmientes,” a new movie that will be directed by Gibran Bazan, a Mexican filmmaker, aims to be funded fully by the sale of a series of non-fungible tokens...

Logo Investing.com
CryptocurrenciesBy Cointelegraph2024-08-05 20:40:16 +0300
Nonfungible tokens don't live on the blockchain, experts say Nonfungible tokens (NFTs) are advertised as blockchain-based technologies, there are...

Logo Cointelegraph
Web3 has become the most sought-after investment sector of 2022, as use cases for nonfungible tokens (NFTs), the Metaverse and other blockchain applications...

Logo Investing.com
CryptocurrenciesBy Cointelegraph2024-08-06 22:00:21 +0300
Nonfungible tokens don't live on the blockchain, experts say Nonfungible tokens (NFTs) are advertised as blockchain-based technologies, there are...

Logo Investing.com
CryptocurrenciesBy Cointelegraph2024-08-07 22:20:22 +0300
Nonfungible tokens don't live on the blockchain, experts say Nonfungible tokens (NFTs) are advertised as blockchain-based technologies, there are...

Logo Cointelegraph
CryptocurrenciesBy Cointelegraph Ezra Reguerra2024-08-03 16:25:00 +0300
As the floor prices of popular nonfungible token (NFT) collections took a nosedive along with the broader crypto market, an NFT expert believes that this is...

Logo Investing.com
CryptocurrenciesBy Cointelegraph2024-07-27 15:20:17 +0300
NFT potential vast and creative possibility endless, says YellowHeart CEO While some refuse to adopt nonfungible tokens (NFTs), others are finding ways to...

Logo U.S. News & World Report
PoliticsBy Associated Press2024-07-24 07:01:07 +0300
By DAWN KANE, News & Record GREENSBORO, N.C. (AP) Kaleab Kurtz has learned a lot about filmmaking in recent weeks. And its not all about cameras and...

Logo Investing.com
CryptocurrenciesBy Cointelegraph2024-07-30 17:40:14 +0300
How NFTs can boost fan engagement in the sports industry Nonfungible tokens (NFTs) have grown a lot in popularity since the release of CryptoKitties in 2017,...