The Arbitrum Foundation has decided to fund a film project that promises to explore the world of digital art “through the lens of new users who have fallen into the cryptocurrency rabbit hole.”
The foundation, the organization behind the Ethereum Layer 2 network Arbitrum, announced Wednesday a partnership with startup media company Dpop Studios to explore “how artists are using new technologies like blockchain and AI.” announced that it will help fund the investigative film “New Here.” To shape the future. ” The film will be produced in part by Shane Boris, who won an Academy Award last year for the documentary “Navalny.”
“To take a deeper look at what NFTs and NFT artists are doing and see the potential of what this new mode of creation can do,” Boris said on Wednesday's X Space. “We're profiling artists and thinkers within the space, but also within the films themselves, and we're profiling all kinds of creative styles and storytelling structures and ideas about how films and works of art can be discovered. We are experimenting with , reaching and creating new audiences.”
This isn't the first time the world of filmmaking and cryptocurrencies have intersected. Decentralized Pictures, co-founded last year by Roman Coppola, son of legendary director Francis Ford Coppola, helped finance the film “Quiet Made,” securing much of the funding from the sale of NFTs.
Interaction with the movie series via NFT
“The New Here universe introduces an exciting new digital realm that brings together entertainment and digital ownership in ways the media and film industries have not yet explored,” said Nina, Head of Ecosystem Development at the Arbitrum Foundation. Ron said in a statement. Her NFTs, which accommodate short-form series for an evolved viewing experience, have the potential to rethink how media companies approach media releases in her Web3 world. ”
“New Here” is a feature film made up of 11 short films and will be released throughout this year, according to a statement. The NFT collection, called Glimpses, can be claimed on Zora, a platform that artists and brands can use to mint non-fungible tokens. “Glimpse is an open-edition art piece that engages audiences in an interactive experience while viewing the short film series 'New Here,'” the statement added.
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