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Web3 alternatives

3 years, 8 months ago - Steve Deery

Been heavily involved this past year or so in alternate means of film funding and distribution. Personally I have a pathological aversion to standing inline waiting for a 'handout' from film industry bodies. I am fortunate in being able to self-funded my shorts, and have funded films for others. But those I know personally who ever got industry funding were invariable hostage to the system. None said they would endure the process again. We cannot of course go from the particular to the general. But it is clear that funding projects is a merry-go-round of submissions. Web3 offers alternatives for those who have made films and want revenue, and those who want to create and need funding. Anyone wants guidance into the Web3 world happy to help. No angle, just chipping in

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3 years, 8 months ago - Steve Deery

This is an example of how to raise money in a new way without form filling and trying to justify your existence. Julie Pacino is a
starhttps://twitter.com/Julie_Pacino/status/1499882679910559745

3 years, 8 months ago - Paddy Robinson-Griffin

I can't open your link sadly, but what do NFT's etc (what people referring to Web3 often mean) bring to the party over traditional crowdfunding?

3 years, 8 months ago - Steve Deery

My error. Bodged the link. Traditional funding is one dimensional. You get or you don't the the funding. You throw in a few perks to contributors. That's about it. Crowd funding builds a community around raising the money, once raised you report back. You may develop a support base. But it is not a dynamic structure. In web3 the project lives in that contributors, funders, have a keen interest, potentially a vested interest in the projects AND artist's, success. The differences is not really nuanced. Web2 leverages 'community' Web3 IS community. It costs the artist more, but the price paid is freedom from the tyranny of centralized 'beneficents' who fund as they deem fit, appropriate, suitable.... But it is not just funding. talking today with another service based in Singapore raising $20M to develop distribution network to pay creators. As I said in my initial post, no angle here fund and distribute content not based on a gated system that pays the gate keeper not the creator.