Financing / Crowdfunding : Have you ever tried to make your logline NFT? by Yu-Chen Kuo

Have you ever tried to make your logline NFT?

Hello everyone, I am Chen, a screenwriter from Taiwan. The environment for professional screenwriters in Taiwan sucks, and I've always wanted to do something to improve it.

Recently I've turned a logline into 101 independent NFT cards with my dogs' pics, which I haven't seen anyone else do it so far.

This is a story about three dogs swapping souls with some serial killers. I hope one day I can sell this idea to Hollywood.

I was trying to make the script easier to enjoy, and use the properties of the blockchain to secure copyrights, this method also might help screenwriters find people who would love or even sponsor their story idea early in the development of their scripts, maybe get some fee that can maintain their livelihoods as a crowd-funding.

You don't have to buy them, but if you support this idea to make a better environment for screenwriters, please share this with more and more people, perhaps consider starting to make your own logline NFT as well. I hope that in the future, every scriptwriter can directly use the existing resources at hand to produce their own NFT!

If you see the potential of these NFTs and want to buy them, well, I definitely don't mind lol

After all, if one day the copyright is bought and made into a movie, this series of NFT may have room for value-added.

Plz check here to find out:

https://opensea.io/collection/theres-something-wrong-with-my-dogs

BTW, for those who don't know what NFT is, please refer to this video:

https://www.youtube.com/watch?v=Oz9zw7-_vhM&t=143s

Thx for your time to read this, cheers and have a great day.

Karen "Kay" Ross

Hey Yu-Chen, this is Karen from the Stage 32 team. I just wanted to let you know I moved your post from Screenwriting to Financing / Crowdfunding (since you're talking about ways to raise money), as it fits much better there. Also, what a fascinating idea! What made you turn your loglines into cards? Let me know if you have any questions and all the best to you!

Yu-Chen Kuo

Thank you very much Karen! I think this idea comes from the poor scriptwriting environment in Taiwan. It makes me wanna try to use NFT to market my script ideas lol

Casimir Gradek

The records braking valuation of digital art and collectible NFTs are mainly associated with cryptocurrencies and hyper-target publicity. Still, when the associated psychological hype vanishes, is there anything of value left? The most optimistic answer is the foundation for decentrally financed (DeFi) economies.

Hence cryptocurrencies were born on blockchain and rendered extreme volatility; cryptos as a basis for film finance have a little or no go. However, when detached from speculative markets, blockchain-type digital ledger finds prolific use in automating the IT, accounting, legal, administrative, and information-sharing apps. That occurs in supply chains and production management processes, which, by the way, do not need cryptos or hype to become effective. In synergy with intelligent contracts that can handle customized events, hype-less blockchains make ground for streamlining some niche economies using, in fact, traditional money. The film industry is among them.

Blockchain has developed instrumental technology over the last couple of years far beyond cryptocurrencies. Keeping entrenched in the old good administrative patterns while digital infrastructures expand cannot help much. Custom-tailored Smart Contracts can unlock broader access to film equity funding, manage copyright, profit rights, and distribution legal aspects, automate revenue and ROI dispersal for producers and financiers, and even reward audiences.

The NFT ownership concept, which evolved on a public blockchain using cryptos, goes further on permissioned digital ledger. It is converted to a Smart Asset film token, turning each project into an independent film venture. Creating a multiparty film finance model subject to segregated ROI provides a basis for a more intelligent infrastructure while processing all incoming and outgoing transactions in fiat electronic cash.

Yu-Chen Kuo

Thank both of you for your comments and sharing, I have learned a lot of new knowledge!

Yu-Chen Kuo

I think this is still a very new field, worth more exploration and experimentation :)

Karen "Kay" Ross

As did Owen - you can read his recent blog post here: https://www.stage32.com/blog/How-Writing-a-Stage-32-Blog-Helped-Me-Get-D...

Yu-Chen Kuo

Colette "ByFilms" Byfield totally agree with you!

Yu-Chen Kuo

Karen "Kay" Ross WOW! Thx for your info.

Yayoi Winfrey

Edward Yang had a crossover hit with A Yi Yi. as a film critic, i reviewed many Taiwanese films.

Yu-Chen Kuo

Yes, some Taiwanese movies are really great!

Yayoi Winfrey

absolutely! this is one of my favorite Taiwanese films, and i generally don't like action movies:

https://www.youtube.com/watch?v=CKFtNsQ78oI

Jack Binder

Fascinating times we live in. Hopefully this will be an avenue for indie filmmaker finance. Many companies are diving into it and it will be interesting to see who the winners are.

Yu-Chen Kuo

Jack Binder yeah... Hope we can make it work together lol

Yu-Chen Kuo

Yayoi Winfrey the movie link u shared is very famous lol

Yu-Chen Kuo

Colette "ByFilms" Byfield Yeah! sooooo much to learn!

Yayoi Winfrey

Yu-Chen Kuo yes, it won the Golden Horse award. as a film critic for 21 years, i reviewed mostly Asian/South Asian films and interviewed incredible directors like Chen Kaige, Tsui Hark, and even Edward Yang just before he died.

Felipe Zucchetti Galdos

I can put augmented reality to your NFT´s, please contact me!

Other topics in Financing / Crowdfunding:

register for stage 32 Register / Log In