Today Film.io announced that it will launch a DAO (Decentralized Autonomous Organization). The project, which claims the title of the first filmmaking DAO, aims to bring Hollywood to the blockchain. In essence, the DAO aims to take the power of Hollywood to create feature films and put it in the hands of fans and creators.
Film.io looks to flip the script on Hollywood through its DAO
The Film.io team has a wealth of experience in the crypto, entertainment, and tech industries. Thus, they are taking that knowledge base and using it to develop this new DAO.
To sum up, its mission is to use the blockchain to remove Hollywood’s notorious barriers to entry for creators. In addition, they hope that this model can make the film industry more transparent and fair. To that end, Film.io is dedicated to creating an inclusive DAO, open to fans, filmmakers, and investors from across the world.
Given that it…
