Key Takeaways
- Footage will enable filmmakers to raise funding for their films with digital assets based on blockchain technology, such as non-fungible tokens and cryptocurrencies, meanwhile allowing creators to explore creative ways to interact with audiences and create new distribution models to sell their films or ideas. The company will release the Footage platform in Q2 this year.
- Stars Collective also announced NFT product SuperBees-GenesisNFT which grants its holders the opportunity to participate in Footage’s top projects and guarantees access to Footage’s fundamental community, HiveDao.
- Additionally, Nvgui (Female Ghost) NFT, a project native to the Web3 environment and developed by Euterpe, was announced as the world’s first IP NFT-as-a-service platform and marketplace where creators sell IP NFTs to fans.
Stars Collective, the renowned filmmaker and artist incubator community founded by Peter Luo, CEO of Starlight Media, has announced the launch of Footage, a film platform based on Web3 technology. The groundbreaking platform will connect a community of investors, creators, curators, production companies, and users to the digital economy with a mission to build a Web3 film ecosystem based on blockchain technology.
Footage will enable filmmakers to raise funding for their films with digital assets based on blockchain technology, such as non-fungible tokens and cryptocurrencies. Meanwhile, it will allow creators to explore creative ways to interact with audiences and create new distribution models to sell their films or ideas.
With Footage, filmmakers will rely on the audience rather than the investment and distribution model of the traditional industry.
“We created Footage as a place where creators could gather and determine the next wave of filmmaking and distribution that’s not beholden to the traditions of the moviemaking industry,” said William Li, CEO of Stars Collective.
Footage will be released in Q2 this year and was announced recently at the “Minted in Hollywood” event hosted by Stars Collective, OKX, and ParaSpace during the Los Angeles NFT Conference. The goal of the event was to bridge Hollywood and Web3.
In addition to Footage, Stars Collective also announced two NFT products — SuperBees-GenesisNFT and Nvgui (Female Ghost) NFT.
The SuperBees-GenesisNFT grants its holders the opportunity to participate in Footage’s top projects and guarantees access to Footage’s fundamental community, HiveDao.
The Nvgui (Female Ghost) NFT, a project native to the Web3 environment and developed by Euterpe, the world’s first IP NFT-as-a-service platform and marketplace, allows creators to sell IP NFTs to fans.
Stars Collective has continued to establish its vision and business strategies for Web3 and the metaverse this year. The company collaborated with the Sundance Institute to launch the Imagination Award, which honored three diverse immersive creators’ metaverse-based projects with $25,000 each based on the innovation their projects bring to the ever-evolving mediascape. The company will launch its metaverse platform SC Meta this year.
Stars Collective is a filmmaker and artist incubator community committed to diversity, innovation, and empowerment. Since its inception in 2020, Stars Collective has produced and financed successful projects like Jamojaya, Nezouh, Playland, and Wuhan Wuhan.
The company was founded by Peter Luo, who has brokered content deals with prominent filmmakers like Robert Zemeckis, Sam Raimi, Sylvester Stallone, and Jon M. Chu. He has been involved in a wide range of critically and commercially successful films, including Crazy Rich Asians, Scary Stories to Tell in the Dark, and Malignant.
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