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Topic: Funding a movie with Bitcoin possible? - page 3. (Read 1947 times)

legendary
Activity: 1666
Merit: 1001
July 13, 2017, 08:58:32 PM
#32
I really like the idea, but I think not all people wanted to be paid using Bitcoin or ether, and not all people is fond of crypto currencies, I think there are too much things can't be used for supporting the making of the movie
I think to pump Bitcoin popularity, the Hollywood people could make a movie about Bitcoin
sr. member
Activity: 322
Merit: 253
Property1of1OU
July 13, 2017, 02:42:59 PM
#31
check out

https://www.21million.co.uk/

project sounds  Cool
hero member
Activity: 1428
Merit: 653
Leading Crypto Sports Betting & Casino Platform
July 13, 2017, 01:53:33 PM
#30
If all the people involved in movie making agree to accept bitcoin as their remuneration and if all the other necessary things required in movie making are made available for bitcoin then it's possible. Actually, I don't think if it would be different from funding a movie with USD or any other fiat currency the only condition is that bitcoin has to be accepted by everyone like actors, actresses, directors, technicians etc.
full member
Activity: 350
Merit: 108
July 13, 2017, 01:50:44 PM
#29
Would it be possible to fund a reasonable budget movie (say $10MM) via BTC or Ether?

What do you think would be required to get enough interested contributors including some whales?
I think that's possible. The only problem is it takes a long time to explain "what is BTC and ETh" to the parties involved in filming. Not to mention the price of BTC and ETH that fluctuate, so that the funds that have been saved can go down or up. Very risky. Shocked
hero member
Activity: 924
Merit: 506
July 10, 2017, 02:44:47 PM
#28
I just hate your guts OP so much, from the next week we'll start to see [ICO] the best one on the planet, buy your share of the next movie Cheesy
Not that there isn't something called ETH with unlimited capacity to host even millions of these movies ICOs. could I reserve the rights for any future attempt on launching an ICO for making the best story porn movie ever?
I'd like to use this rare opportunity and invite Franky1 to this movie for acting as the used co*dom on the floor which is not even completely shown on the screen just very blur corner of it Cheesy
legendary
Activity: 2562
Merit: 1441
July 10, 2017, 02:35:03 PM
#27
Its definitely possible with a straight to DVD movie. Or one of those fan made films that stream for free on youtube. It might even be possible to get Kevin Sorbo or another somewhat name actor if the movie is for a good cause or attracts the right kind of attention.

Don't think that you need money or crypto to make a movie. There are a lot of volunteer based budget projects out there that worked with little funding and few resources that managed to do decent work.
member
Activity: 67
Merit: 12
Byteball: highly scalable cryptocurrency platform
July 10, 2017, 02:04:38 PM
#26
If it is a movie in the context of Bitcoin, cryptocurrencies and related technologies, you have a good chance of getting funding. But you would also need a very good script.
sr. member
Activity: 546
Merit: 261
July 10, 2017, 01:30:46 PM
#25
Yes it can be done,but making a movie need a long time and the crypto price is very volatile
Director don't want to take risk in that,so in term of making movie,using fiat is more convenient
sr. member
Activity: 490
Merit: 256
July 10, 2017, 01:22:46 PM
#24
Would it be possible to fund a reasonable budget movie (say $10MM) via BTC or Ether?

What do you think would be required to get enough interested contributors including some whales?

Well why not, right? Bitcoin or ETH has a value so it can totally fund a movie. But it would be great if the movie would be about Satoshi and Bitcoin right? That would be a hit and would even give a great publicity. If the producer itself would invest Bitcoin in the movie then it is his decision. But theoretically, it is highly possible to fund a movie using Bitcoin.

Do you mean the community will fund the movie? If ever the movie will assure to give a huge ROI then it is possible.
sr. member
Activity: 415
Merit: 250
July 10, 2017, 12:18:46 PM
#23
Would it be possible to fund a reasonable budget movie (say $10MM) via BTC or Ether?

What do you think would be required to get enough interested contributors including some whales?

Funding a movie with bitcoin is a good idea. I also think Hollywood should make a movie on bitcoin and the New World and it should be funded with bitcoin only making it a truly bitcoin based movie. I know some day we shall see this idea becoming a reality.
hero member
Activity: 882
Merit: 500
July 10, 2017, 12:05:29 PM
#22
Would it be possible to fund a reasonable budget movie (say $10MM) via BTC or Ether?

What do you think would be required to get enough interested contributors including some whales?
I think 10mm $ is a  really big amount , so I am thinking that it would not be easy for anyone to make payment with the Bitcoin amount directly .
first of all he needs the legalisation rules should be followed by them because if one person will give payment with the Bitcoin then he need to follow all.the rules otherwise it will be called as the black money or secret payment .
So here possibilities are many but to do the same work with fully safely then we need  to go through the any types of the formalities .
Well this types of the payment in big industries will results into the good and better future of the Bitcoin .
full member
Activity: 146
Merit: 100
July 10, 2017, 12:03:18 PM
#21
Probably possible. If you don't have enough money then invite more people to invest in bitcoin. And, make a best film in your budget and get profits. Nothing is impossible in these days, there is a possibility for any thing.
full member
Activity: 129
Merit: 100
July 10, 2017, 12:02:16 PM
#20
Of course it's money after all, this makes no sense to me, you would most likely need to exchange it for first though.


For those confused mm is how you say million.

It makes sense because where some people live there aren't houses where they can borrow money. Banks lend money, but maybe the interest they pay to Bitcoin lenders can be more worthful as here the deals are "malleable". You can promise future shares from the movie's income, as you can sell the movies in DVD (some people would buy it as they don't access internet), maybe a movies session with paid ticket, and internet monetization.

before thinking about budget / funding.. any decent movie team starts with the basics.. which is a script/story line

most producers make a 'short', which is kind of like a trailer. or a storyboard, which is like a comic strip and they distribute it out to the major movie VC's who then fund the full production.

so before thinking about being a middle man money manager (sounds scammy) atleast think about the movie first. money last
EG actors, story, plot, script, locations,

you cant just shout out you need $Xm without even knowing the basic logistics like costs
you cant just shout out the basic logistics like costs without knowing who is going to star/direct to know their salary
you cant just shout out who is going to star/direct to know their salary without them seeing a script/plot to think its good
you cant just shout out a script/plot to think its good without writing it and knowing of locations and time needed to film

so start at the basics and dont try being a money grabber of empty 'vapor' projects

Yes, that is very important. Everything must be very well calculated and some previous jobs (portfolio), sinopse of currently movie should be exposed to possible investors.

Movies industry is very expensive, even for home made ones. I believe the most expensive part is to pay actors, especially if you need many movie extras.
In funding a movie through bitcoin all you need to do is proper education of bitcoin to all of the staffs and crews of the movie production. With that certain idea you can easily divert the possibility of bitcoin adoption to those people who worked for the movie funding. If the people involved with the movie making will be able to achieve good results of the project, they will attain faster salary issuance and transactions will be faster. We will now have a modern and digital way of spending funds for the movie production as well as the latest mode of spending.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
July 10, 2017, 11:58:56 AM
#19
Why not, this is duable. Usualy crowdfunding campaigns are very convenient for such funds raising but since there are not popular with Bitcoins you can try some other ways. Present your project to the community and relevant individuals and if you have something quality to offer there should be no problems.
hero member
Activity: 2282
Merit: 589
July 10, 2017, 11:57:44 AM
#18
I think it is a possible idea but the only problem may be is actors and technicians may not be interested in accepting Bitcoins or other altcoins. So we have to convert them first to fiat. If they accept it then it is a great news because you will save allot in taxes. But it is quite complicated right now I guess.
hero member
Activity: 1063
Merit: 502
RIP: S5, A faithful device long time
July 10, 2017, 11:57:23 AM
#17
Yes i think its possible, do you have installations ready (Cameras, personell, place to film, actors) Ten million dollars is big money. Try kickstarter etc.
sr. member
Activity: 254
Merit: 1258
July 10, 2017, 07:50:11 AM
#17
Would it be possible to fund a reasonable budget movie (say $10MM) via BTC or Ether?

What do you think would be required to get enough interested contributors including some whales?

Ofcourse it's possible. It only depends on the director/funds manager or whatever you call the person who manages the funds/finances. But most likely not soon, since crypto is still very volatile. They wouldn't want to risk their funds crashing.
Pretty sure smaller indie flicks have already been funded with Bitcoin. It all depends on the budget.
hero member
Activity: 1190
Merit: 525
CryptoTalk.Org - Get Paid for every Post!
July 10, 2017, 11:44:19 AM
#16
Of course it's money after all, this makes no sense to me, you would most likely need to exchange it for first though.


For those confused mm is how you say million.

It makes sense because where some people live there aren't houses where they can borrow money. Banks lend money, but maybe the interest they pay to Bitcoin lenders can be more worthful as here the deals are "malleable". You can promise future shares from the movie's income, as you can sell the movies in DVD (some people would buy it as they don't access internet), maybe a movies session with paid ticket, and internet monetization.

before thinking about budget / funding.. any decent movie team starts with the basics.. which is a script/story line

most producers make a 'short', which is kind of like a trailer. or a storyboard, which is like a comic strip and they distribute it out to the major movie VC's who then fund the full production.

so before thinking about being a middle man money manager (sounds scammy) atleast think about the movie first. money last
EG actors, story, plot, script, locations,

you cant just shout out you need $Xm without even knowing the basic logistics like costs
you cant just shout out the basic logistics like costs without knowing who is going to star/direct to know their salary
you cant just shout out who is going to star/direct to know their salary without them seeing a script/plot to think its good
you cant just shout out a script/plot to think its good without writing it and knowing of locations and time needed to film

so start at the basics and dont try being a money grabber of empty 'vapor' projects

Yes, that is very important. Everything must be very well calculated and some previous jobs (portfolio), sinopse of currently movie should be exposed to possible investors.

Movies industry is very expensive, even for home made ones. I believe the most expensive part is to pay actors, especially if you need many movie extras.
member
Activity: 86
Merit: 10
July 10, 2017, 07:54:32 AM
#15
Yes it's possible, you can receive investments in bitcoins or start an ICO by Etherium.
sr. member
Activity: 254
Merit: 1258
July 10, 2017, 07:42:48 AM
#15
Of course it's money after all, this makes no sense to me, you would most likely need to exchange it for first though.


For those confused mm is how you say million.
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