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NFT-Funded Film “The Quiet Maid” Secures Global Sales Deal

Madonna by Madonna
10/09/2023
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“The Quiet Maid,” an upcoming feature film funded through the sale of NFTs (Non-Fungible Tokens), has successfully secured a global sales deal. The film, originally titled “Calladita,” is directed by Spanish filmmaker Miguel Faus and has sold its world sales rights to FilmSharks, an Ibero-American entertainment company. The deal was announced during Iberseries, an industry conference held in Madrid.

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“The Quiet Maid” is a social satire that follows the journey of a Colombian maid working for an opulent Spanish family on the coast of Catalonia. The film is an expansion of a short film by Faus that gained recognition on the festival circuit and was later picked up by the streaming service Max.

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To fund the production of a feature-length version of the story, Faus leveraged the success of the 15-minute short film by selling NFT passes. These NFTs raised a production budget of $750,000 and provided holders with exclusive behind-the-scenes access to the film’s production. Additionally, through a decentralized autonomous organization (DAO), NFT holders gained control over a portion of the film’s future proceeds.

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In January, acclaimed director Steven Soderbergh, known for films like “Ocean’s Eleven,” awarded Faus $100,000 from an on-chain fund established with Decentralized Pictures. This fund is designed to support promising filmmakers who are open to non-traditional film financing methods, contributing to the completion of “The Quiet Maid.”

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While Faus acknowledges the innovative and decentralized funding methods behind the film’s creation, he believes that the film’s ultimate success will be determined by its artistic quality and its ability to resonate with audiences. He emphasizes that the film’s appeal and reception will be independent of how it was funded and created.

“The Quiet Maid” exemplifies the growing intersection of blockchain technology and the entertainment industry, showcasing the potential for NFTs to support and finance creative projects.

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Madonna

Madonna

Madonna, the esteemed author of our blockchain website, is a recognized authority in the field. With a wealth of experience and expertise, she brings a profound understanding of blockchain technology. Her professional insights and commitment to excellence make her a trusted source for navigating the complexities of the blockchain industry.

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