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
First of all, what is Endaoment? Essentially, Endaoment is a non-profit community foundation and public charity powered by the Ethereum blockchain. Now anyone can donate their digital assets to any qualified 501(c)(3) non-profit organization in the US. Thus making philanthropy accessible and secure like never before.
Endaoment believes that cryptophilanthropy can improve all industries, including entertainment and film. For this reason, they have presented their Initiative “I’M NEW HERE”. Small groups often control and finance the film industry, leading to large projects being turned down. Therefore, Endaoment sees a need for a change in film financing and believes that the untapped crypto community can make all the difference. In other words, cryptocurrencies and NFTs can pave the way for a revolution in the industry!
So what really is Endaoment’s new initiative? “I’M NEW HERE” is an independent documentary exploring the power of crypto art with NFT and the metaverse. Viewers can watch from the perspective of an isolated, NOVICE internet user as they meet leaders who are revolutionizing art as we know it. Endaoment feeds the “I’M NEW HERE” documentary project through the use of smart contracts. Ultimately, these contracts provide the necessary support for the team to create the film. To promote equal participation, the project also launched the “WE ARE NEW HERE” NFT collection. This collection donates 15% of the proceeds 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. More than 90 interviews with crypto artists and Web3 creators will bring the film to life and take viewers on a journey beyond the traditional art world. The film promises to be a thought-provoking exploration of the intersection of art, technology, and culture.
Unlocking the power of cryptocurrencies, NFTs and the metaverse
Endaoment’s “I’M NEW HERE” initiative is an independent documentary exploring the power of crypto art with NFTs and the metaverse. Crypto and NFT are captivating the attention of artists and collectors alike, and Endaoment is recognizing the potential of this emerging landscape for film financing.
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 advocating for creator equitable compensation and participation.
Endaoment wants to be part of this new era of art and creation. Significantly, they are helping artists through the financing of their films. They are also supporting the growth of the crypto and NFT communities. As the web3 space continues to evolve, it is clear that it has the potential to change not only the world of art, but also the way we engage with each other and the world around us. It’s an exciting time filled with endless possibilities!
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