Endaoment is using crypto and NFTs to support the film industry! Endaoment’s “I’M NEW HERE” fund advocates for fair creator participation and compensation. As the first fully on-chain 501(c)(3), they recognize the need for change in film financing and the untapped potential of the crypto community to support more creators. Let’s take a closer look!
Revolutionizing Film Financing: Endaoment’s ‘I’M NEW HERE’ Initiative
Firstly, what is Endaoment? Essentially, Endaoment is a nonprofit community foundation and public charity powered by the Ethereum blockchain. Now, anyone can donate their digital assets to any qualified 501(c)(3) US nonprofit organization. Thus making philanthropy accessible and secure like never before.
Endaoment believes that crypto philanthropy can improve every industry, including entertainment and film. Therefore, they have introduced their “I’M NEW HERE” initiative. Small groups often control and finance the film industry, leading to great projects being turned down. Hence, Endaoment sees the need for change in film financing and believes the untapped crypto community can make a difference. In other words, crypto and NFTs can pave the way for an industry revolution!
So, what actually is Endaoment’s new initiative? “I’M NEW HERE” is an independent, feature documentary exploring the power of crypto art with NFTs and the metaverse. Viewers can watch from the perspective of isolated internet-user, ROOKIE, as they encounter leaders revolutionizing art as we know it. Endaoment fuels the “I’M NEW HERE” documentary project by using smart contracts. Ultimately, these contracts provide the necessary support for the team to create the film. To promote equitable participation, the project also launched the “WE’RE NEW HERE” NFT collection. This collection donates 15% of the revenue from NFT sales to the artists featured in the drop.
Excitingly, Academy Award-winning producer Shane Boris and Sundance award-winning director Dan Sickles are collaborating with Endaoment on their documentary. Over 90 interviews with crypto artists and Web3 builders will bring the film to life, taking viewers on a journey beyond the world of traditional art. The film promises to be a thought-provoking exploration of the intersection of art, technology, and culture.
Unlocking the Power of Crypto, NFTs, and the Metaverse
Endaoment’s “I’M NEW HERE” initiative is an independent, feature documentary exploring the power of crypto art with NFTs and the metaverse. Crypto and NFTs are captivating the attention of artists and collectors alike, and Endaoment is recognizing the potential of this emerging landscape for film funding.
But the power of crypto art with NFTs and the metaverse goes beyond just buying and selling. It’s also creating new ways for artists to connect with their fans and build communities. In this emerging landscape, artists are exploring new forms of expression, and Endaoment’s “I’M NEW HERE” fund is championing for equal creator participation and compensation.
Endaoment is keen to be a part of this new era of art and creation. Significantly, they are helping artists through their film funding. They are also supporting the growth of the crypto and NFT communities. As the web3 space continues to evolve, it’s clear that it has the potential to change not just the art world, but the way we engage with each other and the world around us. It’s an exciting time full of endless possibilities!
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