The NFTs cost between 75 and 100 dollars, which provided their holders with unique experiences, bonus material, and visits to the recording set.
Mexican filmmaker Gibrán Bazán revealed that he is considering financing his films through the sale of non-fungible tokens (NFT), which would allow him not to require conventional financing from private or government funds.
Bazán’s Talk to Forbes Mexico
The Mexican filmmaker explained the following to Forbes Mexico magazine:
“The Web 3.0 opens up a new panorama especially for creators because instead of big companies monetizing projects, now creators are going to choose the platforms to monetize their projects. It is a decentralization of content and financing.”
Last year, during the webinar organized by Macabro Lab, speakers referred to the benefits of cryptocurrencies such as Bitcoin.
In terms of monetization and production, Mexican cinema has difficulty finding sufficient institutional funds.
At the time, Mauricio Chernovetzky pointed out that Bitcoin (BTC) is changing paradigms and changing communities to create and said that part of the budget for his movie “Patitos Feos” came from cryptocurrencies, contributing 400,000 Mexican pesos in Bitcoin (0.41 BTC).
Filmmaker Gibrán Bazán pointed out that he launched the “Durmientes” collection of 1,500 pieces of NFT art, related to the movie “Bazán”, which cost between 75 and 100 dollars, which provided its holders with unique experiences, extra material, and visits to the set. of recording.
Gibrán Bazán pointed out to Forbes that, “We are a think tank with a platform to develop NFT technology throughout different industries: real estate where we already have a project, art, film, music, clothing, there are many applications.”
Mexican Movies, NFTs and Bitcoin
The movie industry and other arts in Mexico have integrated NFTs and Bitcoin before. Last year, the Hidalgo International Film Festival of the Americas (FICAH) reported that its fifth edition awarded prizes in Bitcoin and NFTs, becoming the first film event in the country to award winners under other formats.
The Festival explained that this award format will be awarded in the FICAH5 category, but only to the most competitive works. The organizers, who sponsor the Museum of Chaos, argued that the advantage of using tokens and Bitcoin is that the winners do not reside in Mexico.
On the other hand, there is already a documentary called “Ethereum: The Infinite Garden”, which had the goal of raising 750 ETH and ended up raising 1,036 ETH, almost 2 million dollars. The story focuses on the history of cryptocurrency and has its co-founder Vitalik Buterin as a key player.
By Audy Castaneda
