A long time hollywood producer, neil's jewel, decided to take the plunge and finance his move using nft. Jewll intends to solicit funds and produce a series of full length feature films entirely through nfts. The plan is to raise around eight to ten million us. Dollars by selling closes to ten thousand nft to a mix of public and traditional industry investors. For people that buy the nft, well, they get to own the digital token, representing some degree of owner ship. Perhaps this could change the face of financing movies altogether.
In today's episode for 3rd December 2021, we talk about movie financing and see how NFTs may shake up the entire ecosystem for once.
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