What is Web3 film distribution?

Most interestingly, Web3 film distribution allows for the possibility of royalties payments to be automated; each time a film NFT is sold or resold, a portion of the profit can be automatically allocated to the cast and crew of the film, or to early backers.

What is film3 & how will it change the media industry?

Film3 is the next generation of media industry where the blockchain and digital communities replace those many layers of middlemen and redistribute revenue across a flat organizational structure. However, these changes to the industry still leave inherent problems:

What is a feature film?

Simply put, a feature film is a full-length movie typically intended for theatrical release. While definitions can vary, the industry generally considers a film that’s over 40 minutes in length as a ‘feature.’ This distinguishes feature films from other formats, such as short films (which are under 40 minutes) and television episodes.

What is the difference between FILM2 and film3?

For the creator, Film2 is a long series chutes and ladders where there is only room for the top 10%. Film3 is the next generation of media industry where the blockchain and digital communities replace those many layers of middlemen and redistribute revenue across a flat organizational structure.