Veteran actor Matthew Lillard stepped behind the camera as one of the founders of Midnite Movie Club, an NFT-based project that allows holders to participate in what is described as the first ever “Decentralized Movie Studio”. . the Scream and scooby-doo The star teamed up with writer-director Bill Whirity to set up the studio, and the two say their goal is for audiences to have more control over the films that are made.
Lillard and Whirity say they want the public to help decide which films Midnite Movie Club will produce. They are said to focus particularly on genre films, including horror, sci-fi, action/adventure, and fantasy. They will launch the studio with the production of let them diea vampire movie slated to begin production this summer.
According to the press release, each NFT will grant one vote to its current owner, so the more NFTs one owns, the more they can vote. Blockchain technology records every vote, and this group decision-making process will determine which films will be greenlit as well as certain creative decisions made by the filmmakers during production. This includes which actors might be approached first for certain roles, as well as decisions about costumes, props, creature design, and movie poster design.
Community members will also have access to exclusive special features such as viewing audition tapes, set photos and videos, concept art and storyboarding, and participating in live AMAs and live tours of the sets. 5,555 NFTs will be offered on the Ethereum blockchain at 0.09 ETH for 1 or 0.08 ETH for 2+ (around $250-275). The NFT will be released on April 20.
Midnite Movie Club seeks to revolutionize the film industry
Matthew Lillard and Bill Whirity believe using NFTs for Midnite Movie Club is what needs to be done for the future of cinema. They liken the studio to something like a gym membership that offers exclusive benefits to its members, and that getting involved in the filmmaking process offers so much more than people typically expect from NFTs. It remains to be seen how this will eventually take off, but Lillard and Whirity are optimistic. They said in a statement:
“NFTs, Blockchain and Web3 are the future of the Internet. In the years to come, this technology will revolutionize many aspects of our daily lives and the film industry is no exception. Most people think of NFTs as just works of art, but it’s the underlying technology that makes Midnite Movie Club possible. The MMC is a private community, like a country club or gym, and your NFT acts as a membership card. It’s your key to the kingdom, so to speak, and it’s how you vote and help filmmakers develop their films. We believe NFTs are a fun way to give members access to the benefits of our community through a collectible. There is a major crossover for collectors and movie buffs, so offering NFTs as part of our project is a natural fit.
Midnite Movie Club’s first movie, let them die, will go into production this summer. It is not known when the film will be released. For more, head to MidniteMovieClub.com.
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