In Hollywood, a crypto platform that isn’t just a way to lose your savings
— Projects, Lose, Crypto, Hollywood, Decentralized, Savings, Platform, Isnt, Work, Users — 1 min read
Decentralized Pictures, a nonprofit with involvement from the Coppola filmmaking family, aims to use its unofficial currency to encourage and surface a new generation of filmmakers they say might otherwise never be found. The site solicits projects — shorts, scripts, pitches — for a small fee. Users can earn crypto by reviewing those projects as well as engaging with the site in other ways. They then use the crypto they’ve earned to pay to enter their own projects, which in turn, earn their own crypto with their own. It is a self-perpetpetpetuating ecosystem — a constant re-circulation of work and feedback that goes to producers and producers with insights, according to the site’s chief executive. Source