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Struggling from the fallout of lockdowns, the beginning of 2022 saw attendance at movie theaters plummet by 40%. Due to declining revenues, filmmakers became risk-averse, introducing us to copy-and-paste plots that leave many bored and uninterested. However, this could all be about to change.
Thanks to NFTs and the ingenuity of filmmaker and comedian Gary Eck, a new solution is being tried to monetize the pre-production of Ecks latest Sci-fi thriller, Amygdala. Eck had discovered NFTs by chance after helping his son buy an NFT-generating app, soon, he was hooked, and it coincided with the development of his latest film.
Typically films in the pre-production stage are secretive, with concept art, scripts, and casting being a hush-hush affair. However, Eck is casting this idea aside, instead choosing to sell pre-production materials as collectible NFTs. His concept will see revenues funneled straight into the film production budget to make the spectacular sci-fi feature film Amygdala.
His team has created stunning 3D model NFTs based on the film’s concept art, which will have tangible utility. Essentially the NFTs are also a ticket into the entire production. Owners will have access to the script, casting opportunities, and behind-the-scenes access; they will also gain entry into Amygdala-based competitions.
If this project is successful and replicated, we may see a flurry of new, quality films. Until then, watch this space.
Follow the Amygdala project >> Twitter
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Images via: Amygdala
*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.
ETH enthusiast & Web3 wonderer.
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