• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Crypto.com Logo Crypto.com Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance
Breaking News: Binance.US Takes Action Amidst SEC Complaint: Delists Over 40 Trading Pairs
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance
Bitcoinist.com
No Result
View All Result
Breaking News: Binance.US Takes Action Amidst SEC Complaint: Delists Over 40 Trading Pairs
Ethereum

Why The Ethereum Movie Will Be Produced By Blade Runner Director Ridley Scott

Reynaldo Marquez by Reynaldo Marquez
1 year ago
in Ethereum
0

Legendary filmmaker Ridley Scott will take the history of Ethereum to the big screen. Via his production company, Scott Free Productions will adapt Camila Russo’s book “The Infinite Machine” into a movie.

Related Reading | Inside The Ethereum Foundation Treasury: What Does It Hold?

Russo revealed the news on her personal Twitter account as she welcomed Scott into the ETHMovie project. In a career that spans decades and with multiple awards, Scott is known for directing some of the great classics of Science Fiction, including “Alien” and “Blade Runner”.

news is out!!

?? The GOAT Ridley Scott and his production company Scott Free, the makers of

? Gladiator
? Alien
? Blade Runner
? House of Gucci
? Nominated for 80 Academy Awards

?? Will produce @ETHMovie The Infinite Machine movie!!!

WAGMAM ETHEREANS!!!

— Camila Russo (@CamiRusso) April 21, 2022

According to a post from Deadline, the film will be written and directed by Shyam Madiraju (Harami, 2020). In addition to Scott, the production will be managed by Tom Moran and Vera Meyer with Alejandro Miranda from Versus Entertainment, the post clarified.

Russo told Deadline the following as the materialization of her book to the big picture moves forward:

It’s incredibly exciting to have Ridley Scott and the crew at Scott Free produce the movie of The Infinite Machine alongside us. I can’t imagine a better team to turn the riveting story about the people behind the most revolutionary technology since the internet into a feature film that will capture the hearts of our generation.

The film will be partially funded with a community treasury, per its official website, via a Decentralized Autonomous Organization (DAO), and with traditional funding strategies. The intention of the project has been clear from the start: to “become a blockbuster movie for the mainstream”.

The Infinite Machine DAO launched an NFT collection, called Genesis, to support the project. The DAO itself is the movie’s executive producer. The proceeds of the sales will be distributed in two phases, the website explained. The first phase is the movie budget which is expected to be valued at $16 million.

The NFT collection sales will be equally distributed amongst the 36 intervening artists which will receive 22.5% of the budget. 10% will be sent to a community treasury pool to fund the DAO, and the 67.5% will be used for the movie.

Taking Ethereum To The Masses

In its second phase, the project will distribute 22.5% of the NFT sales to the artists, 25% to the collection core team and contributors, and 52.5% to the community pool. NFT holders can have active participation in the project as Associate Producers and will have a voice in future projects.

According to the ETHMovie official website:

The Infinite Machine movie will be the first of many productions, content and artists the DAO will support. The organization will be a vehicle for the Ethereum community to organize people and capital to continue funding content creators and artists.

At the time of writing, the collection reached over 100 Ethereum (ETH) in trading volume on the popular marketplace OpenSea. The movie is expected to begin shooting between Q3 2022 and Q1 next year with a potential release in 2023.

Related Reading | Vitalik Buterin Says Hostile Twitter Takeover Could Go Very Wrong

As of press time, ETH’s price trades at $3,000 with a 2.5% loss in the last 24-hours.

Ethereum ETH ETHUSD
ETH’s price moving sideways on the 4-hour chart. Source: ETHUSD Tradingview
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.

Reynaldo Marquez

Reynaldo Marquez

As an editor at NewsBTC, Reynaldo is an experienced journalist passionate about all things crypto. Reynaldo has interviewed key industry leaders, and created unique pieces analyzing the promise of crypto as the next frontier for an economic and social transformation of humanity. Since 2018, he has been at the forefront of the industry, closely following every major development and analyzing critical events at the heart of the crypto industry. With a keen eye for detail and an unwavering commitment to excellence, Reynaldo has been instrumental in bringing the latest news and insights to the crypto community. Outside of work, Reynaldo enjoys lifting weights and literature, which he believes gives him a unique perspective into the world of crypto. As an aspiring trader, he is always looking for new opportunities to explore and believes that crypto holds the key to unlocking the future of finance.

Related Posts

Ethereum (ETH)

VanEck Says This Is When Ethereum (ETH) Will Reach $11,800

3 days ago
Ethereum

Ethereum Bearish Signal: Profit-Taking Transfers Spike

3 days ago
Ethereum

Bullish Signal? Ethereum Average Fees Declines 69% Since Early May

7 days ago
Ethereum Deribit

Ethereum Open Interest On Deribit At A 3-Year High

1 week ago
Ethereum (ETH)

Long Dormant $14.7 Million Ethereum ICO Wallet Surfaces After Eight-Year Slumber

1 week ago
Ethereum (ETH) Whales

Ethereum Whales On The Rise, Acquire Over $9 Billion ETH In 2023

2 weeks ago
Please login to join discussion

Premium Partners

Premium Casino Partners

Play Finance

Now Trending

  • Whale Power Unleashed: Mooky Emerges as the Rival Meme Coin...

    7 days ago
  • Exploring the Meteoric Rise of Mooky: Could It Be the Next...

    7 days ago
  • Discover the Next Big Thing: Mooky.io Presale Boasting Fair...

    1 week ago

Top Casinos

Trust Dice
Trust Dice
Punt Casino
Punt Casino
mBit
mBit
1xBit
1xBit
K8
K8

Press Releases

  • dYdX Price Prediction for June

    1 hour ago
  • InQubeta (QUBE) Presale Sees High Adoption Rate Among...

    2 hours ago
  • Earn Interest with Uninvested Crypto Assets at Blofin

    2 hours ago
  • Cosmos (ATOM) challenger utilizes Blockchain AI –...

    3 hours ago
  • Don’t Ignore These 4 Crypto Gains If You Want To Make...

    3 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
© 2023 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance

© 2023 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.