NFT

Steven Soderbergh-Backed, NFT-Funded Film Lands Global Sales Deal

“The Quiet Maid,” an upcoming function movie funded by the sale of NFTs, has secured a worldwide gross sales deal.

The movie, a social satire previously titled “Calladita” from the Spanish filmmaker Miguel Faus, bought its world gross sales rights to the Ibero-American leisure agency FilmSharks out of Iberseries, the business convention held this week in Madrid. Deadline first reported the deal.

“The Quiet Maid” follows a Colombian maid’s lows and highs as she labors for an opulently rich and doubtlessly misleading Spanish household on the coast of Catalonia. It’s primarily based off a brief movie made by Faus, which was picked up by streaming service Max after a stint final 12 months on the pageant circuit.

Faus quickly after leveraged the 15-minute movie to promote NFT passes, within the goal of elevating funds for a feature-length model of the identical story. The NFTs had been a hit, elevating a $750,000 manufacturing funds; they provided holders behind-the-scenes entry to the movie’s manufacturing in addition to management, through a decentralized autonomous group (DAO), over a portion of the movie’s eventual proceeds.

In January, “Ocean’s Eleven” director Steven Soderbergh awarded Faus $100,000 to complete the movie, from an on-chain fund established with Decentralized Photos and designed to help promising filmmakers open to non-traditional movie financing strategies.

Legend Steven Soderbergh simply gave us a Completion Funds award for our movie CALLADITA at Sundance.

HUGE because of @DCP_Foundation, our entire forged & crew, and the five hundred+ degens that made this movie doable. pic.twitter.com/Br8DFmlAzc

— Miguel Faus 🎥 CALLADITA FILM (@miguelfaus) January 21, 2023

Whereas Faus is elated to have efficiently gotten his movie over the end line with blockchain-backed financing, he believes the expertise that facilitated the mission’s realization can solely take it to this point, and can’t outline its inventive high quality.

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“I don’t assume any success of the film will come from the progressive and decentralized means it was funded.” Faus instructed Decrypt. “That was a hit in its personal proper, however now the movie has to seek out its viewers and can attraction to them, or not, independently of the way it got here to exist.”

Steven Soderbergh Presents Blockchain Award to NFT-Funded Movie ‘Calladita’

“The Quiet Maid” may have its world premiere subsequent month in competitors on the Tallinn Black Nights Movie Pageant in Estonia. It would compete within the First Function class.



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