Web3 funded film ‘Calladita’ is now the latest winner of the Andrews/Bernard Award at Sundance 2023. Filmmaker Miguel Faus received the award from iconic industry filmmaker Steven Soderberg during Sundance at the Film3 on the Mountain conference. He reads on to find out more about the movie.
Calladita: Why Web3 is important in movies
Calladita is the first European film fully financed by web3/NFT. The film follows its central character “Ana” through a mixture of realism and satire around the Catalan gentry. The film focuses on class differences and injustice between separate social sectors. Calladita uses NFT as a financing strategy. The film recently received its Completion Funds award from Steven Soderberg and the Decentralized Pictures foundation. The award awards $300,000 $300,000 in post-production funding for outstanding English-language feature films and shorts.
“This movie started as a crazy idea in my mind that maybe I could finance my first feature through a collection of NFTs, and a few months later, thanks to 500 degens on the internet who believed in us and coined our NFTs, we were able to make the film,” says Faus. “To now have it awarded by an independent film legend like Steven is a dream come true.”
According to Faus, the “Film3 revolution is coming”, and apparently it has already begun. The NFTs for Calladita are almost sold out. They are of four levels, ranging from 0.16 ETH to 6 ETH. To clarify, Tiers 2-4 are sold out, leaving only Tier 1 (0.16ETH) to collect. However, each NFT level comes with its own perks and benefits. Users can also support the film by making a donation to their main wallet: calladita.eth. All tiers also qualify holders for additional airdrops and raffles for IRL perks.
DAO
Calladita’s official website also ranks a leaderboard for its patrons. It shows the main collectors and collaborators of the film. Also, the NFTs are scheduled to form the Calladita DAO. The project transfers 50% of the profits raised by the film to that DAO. Although legal resolutions have not yet been implemented, Calladita DAO will use existing NFTs as governance tokens. These tokens allow their holders to make decisions for the project to move forward.
For more information about the project and how you can get involved, you can contact the project directly. Calladita official website.
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