$100,772.00
5.02%$3,822.17
6.92%$2.38
5.59%$227.34
6.54%$717.16
8.06%$0.410494
8.41%$1.00
0.20%$1.087
10.94%$3,820.30
6.76%$0.283539
7.83%$49.00
13.51%$0.00002883
10.13%$6.43
11.28%$4,539.82
6.08%$24.21
13.51%$4.71
31.27%$9.03
11.76%$100,518.00
4.84%$0.431682
5.67%$0.292358
6.51%$546.19
7.83%$3,826.48
6.91%$0.00002478
14.08%$17.08
15.06%$117.70
10.28%$9.50
0.36%$6.88
11.16%$13.58
20.97%$4,028.60
6.87%$13.11
14.67%$1.002
0.08%$0.634613
13.91%$15.92
17.77%$0.997972
-0.16%$33.75
16.44%$9.61
13.75%$0.182505
9.45%$1.83
11.91%$0.058876
10.43%$617.54
11.77%$303.15
15.17%$1.33
13.88%$3.18
16.34%$0.163534
7.23%$1.004
11.58%$6.73
12.39%$4.24
8.77%$204.43
15.34%$0.448298
10.68%$2.40
14.01%$25.00
0.99%$1.26
13.05%$8.79
14.37%$55.07
6.28%$7.36
14.03%$1.89
13.00%$1.056
20.83%$3.06
10.43%$0.00003932
14.41%$2.35
10.10%$29.10
10.34%$0.288848
14.12%$1.81
11.67%$2.59
12.24%$4.54
23.37%$0.621838
16.80%$3.14
15.04%$0.0002437
12.52%$3,826.63
7.20%$0.052681
19.04%$6.34
7.93%$0.04371263
13.26%$141.91
6.73%$0.03848063
19.36%$100,792.00
4.85%$4,293.04
6.97%$0.779488
16.62%$3,939.08
6.20%$1.84
20.33%$0.182376
13.99%$4,015.77
7.48%$1.001
0.49%$1.93
8.98%$1,888.35
9.87%$1.095
9.73%$0.0295524
5.96%$0.444715
12.83%$13.38
6.76%$0.711421
0.93%$5.51
13.81%$0.271013
10.79%$12.47
7.37%$2.18
19.99%$23.62
11.56%$3,932.93
6.62%$1.14
12.06%$2.14
13.84%$0.978541
12.23%$1.48
7.82%$0.658366
11.38%$100,597.00
4.88%$0.142027
-5.55%$0.398651
12.56%$8.09
2.81%$17.52
6.54%$3.23
0.99%$1.092
9.21%$100,938.00
5.48%$0.089078
-2.24%$67.03
8.64%$39.59
17.24%$1.16
9.54%$47.13
10.76%$0.00000135
12.14%$18.43
13.84%$1.29
28.38%$0.00000323
2.50%$282.75
6.50%$0.634949
13.76%$7.98
12.09%$1.25
9.87%$0.654853
13.53%$1.29
10.94%$231.91
6.70%$1.54
10.69%$0.118961
21.04%$3,829.09
7.13%$4,012.21
7.42%$3.97
11.94%$5.02
19.46%$100,344.00
5.04%$0.214602
12.05%$3.52
10.12%$6.14
8.56%$4.06
12.53%$63.39
11.74%$2.93
12.07%$0.806713
11.43%$1.49
5.00%$2.14
14.07%$0.345274
14.88%$2.10
12.69%$0.00942684
15.36%$241.73
6.23%$103.99
12.60%$100,592.00
5.28%$0.00004499
12.23%$0.01288979
26.39%$0.00000001
14.15%$3,823.85
7.08%$0.23864
13.24%$0.00845997
17.24%$3,825.28
7.22%$0.412529
9.13%$0.758328
37.26%$15.82
15.35%$0.931083
14.39%$2.17
13.99%$1.001
0.04%$0.01475712
10.56%$0.116077
12.60%$0.00964371
5.66%$0.00866536
17.32%$0.37178
15.73%$3.14
14.45%$6.86
16.57%$36.42
12.24%$1.00
0.00%$0.00013378
11.18%$0.00175286
17.47%$0.711883
9.53%$276.28
8.01%$0.76248
12.76%$4,146.41
6.66%$0.49067
17.84%$5.16
-25.07%$2,724.47
0.82%$0.668484
22.35%$1.29
9.40%$101,143.00
6.24%$0.01435399
10.56%$0.067704
9.79%$3,823.58
6.67%$0.996378
0.36%$2.03
11.57%$0.582649
12.35%$17.21
15.40%$38.46
11.45%$0.00864848
12.50%$1.44
19.52%$5.89
15.24%$0.0000006
6.83%$0.00329364
13.62%$48.36
9.31%$3,825.66
6.81%$1.36
9.58%$0.075761
12.91%$100,690.00
4.66%$0.298678
10.58%$3,829.06
6.81%$2.64
14.17%$0.080736
13.38%$0.02828463
10.73%$0.00695846
6.80%$9.46
1.81%$0.99988
0.13%$0.303123
13.96%$0.077949
5.76%$2,705.36
0.79%$0.627962
17.62%$0.201317
10.80%$0.522534
27.81%$4.17
26.53%$0.00000417
8.85%$0.0069069
4.26%$0.54095
20.51%$0.00000024
10.41%$100,636.00
4.89%$1.02
1.52%$6.13
5.13%$4,112.77
7.09%$0.882449
9.96%$3,949.69
5.30%$27.89
13.13%$0.04761296
14.99%$0.01431383
10.83%$0.04963316
11.96%$0.670076
9.82%$1.15
9.39%$6.02
3.40%$57.61
12.57%$1.66
-4.81%$0.508719
13.70%$1.099
11.08%$4.20
12.96%$2.04
10.55%$0.085062
18.02%$0.04456806
7.49%$1.47
12.64%$3,827.91
7.35%$4.16
11.67%$2.26
15.58%$0.03533374
7.56%$1.046
-1.34%$0.433777
11.11%$0.290228
12.11%$4,224.16
6.71%$0.745801
14.63%
"Ocean's Eleven" director Steven Soderbergh has teamed up with crypto-powered film fund Decentralized Pictures to launch a $300,000 grant on the blockchain film financing platform.
According to IndieWire, Soderbergh's production company Extension 765 has launched the Andrews/Bernard Award on Decentralized Pictures's platform, offering a $300,000 pot of money to support filmmakers with finishing funds for English-language feature films or shorts.
"As with a lot of things I’ve done, it’s kind of an experiment," Soderbergh told IndieWire, adding that he's interested to see if blockchain film financing "really does work," and that he wants "to get up in the grill of this blockchain approach or structure to see if it’s going to do what it’s supposed to do."
Have you heard the news? 😱 Steven Soderbergh is joining in on our efforts + mission with a coveted financing award. The future of #film financing is HERE! ⚡️🎥 #filmtwitter #blockchain #decentralized #Crypto pic.twitter.com/6UY480sHvJ
— Decentralized Pictures (@DCP_Foundation) April 5, 2022
As well as directing blockbusters including the "Ocean's Eleven" franchise, "Magic Mike" and the Oscar-winning "Erin Brockovich" and "Traffic," Soderbergh has past form when it comes to cinematic experiments.
His 2017 film "Logan Lucky" was funded through pre-selling foreign distribution rights to finance the film's production, and "everything except the movie showing up in a movie theater" to finance advertising and prints of the film. Soderbergh's 2018 thriller "Unsane," which was shot on iPhone cameras, followed a similar funding model.
At the time, he told GQ that this approach to funding would allow for "complete transparency," noting that, "There’s no intermediary. The money is not passing through anybody’s hands. All these people who work for scale to make this film will literally be able to go online with a password and look at this account as the money is delivered from the theaters."
It's unsurprising, then, that Soderbergh would be drawn to Decentralized Pictures, which promises to bring a similar level of transparency to indie film financing using crypto.
Co-founded by members of Francis Ford Coppola's production company American Zoetrope alongside producer Roman Coppola, Decentralized Pictures invites filmmakers to submit movie pitches, paying a submission fee in the project's native token, FILMCredits (FILM).
Those submission fees go into a smart contract, which pays members of the DCP community for reviewing projects and completing other tasks to support the community.
The top-rated projects go on to be reviewed by DCP, with the eventual winners receiving funds from awards such as that donated by Soderbergh. A portion of the profits from successful projects is then returned to the Decentralized Pictures pool to fund future awards.
"What we're trying to create here is an evergreen, self-sustaining film fund, that can support independent artists and artists from underserved and underrepresented communities going forward," Decentralized Pictures co-founder Mike Musante told Decrypt in a recent interview.
