The Arbitrum Foundation has decided to fund a film project that promises to explore the world of digital art “through the lens of a new user falling down the cryptocurrency rabbit hole.”
The Foundation, an organization that supports the Ethereum layer network Arbitrum, announced on Wednesday that it has partnered with new media company Dpop Studios and will help fund “New Here,” a film examining how “artists are using new technologies like blockchain and artificial intelligence.” To shape the future.” The film is partly produced by Shane Burris, who won an Oscar last year for the documentary “Navalny.”
“Just to look at what NFTs and NFT artists are doing more deeply, and see the possibilities of what this new style of creativity can do,” Boris said during X Spaces on Wednesday. “We're kind of drawing these artists and thinkers within the space, but also within the film itself, experimenting with all different kinds of creative approaches and storytelling structure, and ideas about how to allow a film or a piece of art to find and reach and create new audiences.”
This is not the first time that the worlds of filmmaking and cryptocurrency have intersected. Last year, Decentralized Pictures, co-founded by Roman Coppola, son of legendary director Francis Ford Coppola, helped finance “The Quiet Maid,” which received much of its funding from the sale of NFTs.
Interact with the movie series through NFTs
“The world of New Here offers an exciting new digital world that connects entertainment with digital ownership in a way that the media and film industry has not yet ventured into,” Nina Rong, head of ecosystem development at Arbitrum Foundation, said in a statement. A short-chain NFT to unlock advanced viewing experiences has the potential to reimagine how media companies approach media releases in a web3 world.
“New Here” is a feature film that includes 11 short films that will be released throughout the current year, according to the statement. An NFT collection called Glimpses can be claimed on Zora, a platform that artists and brands can use to mint non-fungible tokens. “The glimpses are open-release pieces of art that will connect audiences to an interactive experience while watching the New Here short film series,” the statement also said.
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