Web3 funded film ‘Calladita’ is now the latest recipient of the Andrews/Bernard Award at Sundance 2023. Filmmaker Miguel Faus was presented the award by iconic industry filmmaker Steven Soderberg during Sundance at the Film3 on the Mountain conference. Read on to learn more about the film.
Calladita: Why Web3 Matters In Films
Calladita is the first ever fully web3/NFT funded European movie. The movie follows its central character “Ana” along a mix of realism and satire surrounding the Catalan high bourgeoisie. The film focuses on class differences and injustice among seperate soceital sectors. Calladita uses NFTs as its funding strategy. The movie recently received its Completion Funds award from Steven Soderberg and the Decentralized Pictures foundation. The award grants $300,000 $300,000 in post-production funding for outstanding English-language films and shorts.
“This movie started as a crazy idea in my mind that maybe I could fund my first feature through an NFT collection, and a few months later, thanks to 500 degens on the internet who believed in us and minted our NFTs, we got to make the movie,” says Faus. “To have it now awarded by a legend of independent cinema like Steven is a dream come true.”
According to Faus, the “Film3 revolution is coming”, and by the looks of it, it has already begun. The NFTs for Calladita are almost sold out. They are of four tiers, ranging from 0.16 ETH all the way up to 6 ETH. To clarify, tiers 2 to 4 are sold out, leaving only Tier 1 (0.16ETH) to be collected. Each NFT tier comes with its own perks and benefits, though. Users can also support the film by donating to their main wallet – calladita.eth. All Tiers also qualify holders for additional airdrops & raffles for IRL perks.
The official Calladita website also ranks a leaderboard for its patrons. It displays the top collectors and contributors to the film. Moreover, the NFTs are slated to form Calladita DAO. The project transfers 50% of the profits gathered by the film to that DAO. Though the legal resolutions are yet to be put in place, the Calladita DAO will make use of the existing NFTs as governance tokens. These tokens allow their holders to make decisions for the project moving forward.
For more information on the project and how you can get involved, you may reach out directly to the official Calladita website.
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Nike .SWOOSH Platform Will Let Users Create Custom Wearables
The Nike .SWOOSH platform is shaking up the fashion world by allowing users to create digital wearables and mint them as NFTs. The #YourForce1 competition is running on Instagram until January 29th. Fans have the ability to submit a footwear design and, if chosen, will receive $5,000 for their work to be created into digital sneakers by Nike designers. This is a must for any Nike fan to see their design backed by the Swoosh.
The contest to work with Nike Designers runs until January 29th. Credit: Nike.
What Is The Nike .SWOOSH Platform?
The Nike .SWOOSH platform is a big move forward, as it will allow fans to create and sell their own digital wearables. The platform is built on blockchain, providing security and transparency in trades. Additionally, the platform will enable designers, artists, and everyday enthusiasts to create their own wearables and sell them through a decentralized marketplace. The Instagram competition runs until January 29th.
The .SWOOSH platform allows users to create their own designs. Credit: CoinSwitch.
Who Will Benefit From .SWOOSH?
Fans will be able to access the .SWOOSH platform directly from the Nike app. There, anyone can use a number of tools that will allow them to create their custom designs. Nike is also giving fans access to its library of designs, so that imaginations can run wild and iterations can be completed quickly. Finally, users will be able to set their own prices and receive payment directly.
Fans can sell their Nike designs directly via the Nike app. Credit: PYMNTS.com.
Nike Moves Into The Metaverse?
Nike is making big moves into the metaverse with .SWOOSH. The platform allows fans to create and sell their unique designs, all within the Nike ecosystem. Additionally, fans can join in on the #YourForce1 competition on Instagram. Winners get a chance to work with Nike designers. The competition runs until January 29th.
The post Nike .SWOOSH Platform Will Let Users Create Custom Wearables appeared first on NFT Evening.
NFT Funded Film Calladita Wins Top Prize At Sundance
An NFT-funded film, Calladita, has won the top prize at the Sundance film festival. The movie, directed by Miguel Faus, tells the story of Ana and “explores themes of class differences and injustice from a profound and sophisticated perspective, moving away from easy clichés and caricatures.”
Calladita is a Film3 type of movie that employs decentralized technologies to free and empower independent artists. In this case, Faus and his team financed the movie using NFTs, and by winning the Andrews/Bernard Award, it’s a dream come true.
The award was established in April of last year by Steven Soderbergh, a renown filmmaker, and Decentralized Pictures. To encourage independent filmmaking talent, he committed $300,000 in completion funds for notable English-language films and shorts, with the NFT-funded film, Calladita, representing the first film to win the award.
Speaking to Decrypt, Faus notes that Film3 represents the future of independent cinema and is the reason the movie exists. The award presented on Saturday had Faus beaming. He took to Twitter to express his joy, thanking the Decentralized Pictures Foundation, his entire team, and the more than 500 individuals who believed in his idea and bought the NFTs.
Legend Steven Soderbergh just gave us a Completion Funds award for our film CALLADITA at Sundance.
— miguel faus.eth CALLADITA FILM (@miguelfaus) January 21, 2023
Decentralized Pictures is a non-profit organization that seeks to discover new and innovative filmmaking talent. The platform allows filmmakers to submit movie pitches by paying a submission fee in FILMCredits (FILM), its native token. Then, platform users get to vote on which ideas receive funding from grants.
According to Leo Matchett, cofounder of Decentralized Pictures, blockchain technology doesn’t only allow the platform to “fairly and transparently determine who deserves the financing the most, but also has this incentivized behavior mechanism built into it.”
What Does The Future Hold For Film3 After NFT Funded Film Calladita Won Top Prize?
That said, funding movies using NFTs represents a new frontier for filmmaking. So far, the likes of Spike Lee and Kevin Smith have utilized them to finance films and drive engagement. At a time when most people see NFTs as nothing more than speculative assets, maybe this is the kind of use case required to prompt mass adoption. Now it’s possible for fans to fund the next blockbuster and own a piece of its success.
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*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.
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NFT Influencer Break Up Raises Suspicions About Barkmeta
Trouble in paradise: the breakup of NFT influencer BarkMeta (@barkmeta) & Leah (leelahmeta) has sprung a string of allegations against the former. Leah claims that in her time with BarkMeta, she has seen and heard things that could “destroy his personal brand”.
BarkMeta: Is The NFT Influencer A Fraud?
In the Twitter thread that allegedly exposes Bark, Leah starts by claiming that she has seen and heard things in their former relationship that could destroy his reputation entirely. The first in a series of accusations claim that Bark pays an ex-WeRunCrypto employee $15,000 a month to run the account. She states that the brand Bark has built with his “800 tweets a day” strategy isn’t even written by him. Moreover, she claims that Bark has been paying this person since October 2022.
Next, she accuses Bark of running a pump and dump project – Metaluxe. Metaluxe is a collection of 10,000 digital suits. She claims that a simple Google search and DYOR will help expose the project as fraudulent. Furthermore, Leah also alleges that Bark is in huge financial debt. According to her tweets, Bark is now in a debt of at least $500,000. She claims that this is why he left for Taiwan.
Additionally, she states fellow NFT influencer @MachiBigBrother (Jeffrey Huang) promised to pay off his debt if they worked together. In her tweet thread, she links to a previously published article claiming Machi to be a scammer. Leah says that the BAYC influencer flew her and Bark to Vegas, where they were hosted at 5-star resorts and even paid extra money to gamble. She goes on to say that Machi’s “business partners” that they could be rich if Bark gave Machi a 10% cut of the project he was working on.
Leah also claims that Alex (Shillain Villain) has returned to the USA from Taiwan to legally divorce his wife and “abandon” his 10-year-old daughters. She also claims that she has photo evidence, but is under threat from Machi’s lawyers. There are NFT Evening follows the story as it develops.
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