Key Takeaway
- Ethereum documentary raises 1036 ETH
- Movie to feature Ethereum founder Vitalik Buterin
- Ethereum film a pioneer of blockchain movies
This development was revealed by the project this week with key details about the project. The documentary will feature Ethereum founder Vutalik Buterin and is scheduled to be completed by 2023.
The film will portray the Ethereum blockchain as an innovative ecosystem represented by soil, plants, and insects. The film also has the support of the Ethereum Foundation and will also feature Aya Miyaguchi, the CEO of the non-profit organization.
To raise the necessary funds to produce the documentary, the producers developed a unique financing campaign to raise 750 ETH. This included rewards for participation and establishing various tiers for this process. The three major sponsors of the film will receive exclusive non-fungible tokens (NFTs), and their names will be published during the film’s credits according to their classification.
Employees that work on the project will also receive a thank you mention on the film’s website and access to a private chat to discuss the movie, and regular updates will be shared about the film and its recording process. The promotion of the project generated hype, and it was able to generate 1034 ether within three days of fundraising.
Blockchain films are not very common, and there could be a growing need to have more movies that portray cryptocurrencies better to the public. Films have a way of shaping the idea of a concept to millions and could be a valuable tool for propagating crypto adoption.
The decentralized nature of blockchain means that film sponsors can get rewarded for their contributions. Ethereum has paved the way with its documentary, and it will not be surprising if other crypto projects follow suit.
What do you think about Ethereum’s documentary?
