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Crypto Funding Grows as Means to Tell New Stories
The Arbitrum Foundation is financing a new feature film titled “New Here” that aims to shine a light on the burgeoning world of digital art and crypto through the experience of a newcomer diving into the space. Produced by Dpop Studios, a production company known for being crypto-friendly, the project marks a growing trend of utilizing blockchain technologies like crowdfunding to back ambitious storytelling ventures.
Led by acclaimed filmmaker Shane Norris, best known for his Oscar-winning documentary “Navalny” about Russian opposition leader Alexei Navalny, “New Here” seeks to push the boundaries of traditional filmmaking by uniquely matching its narrative techniques with the subject it explores. Norris shared his excitement about the project during an X Space event hosted with the Arbitrum Foundation, looking forward to profiling artists and influencers while also examining the burgeoning world of NFTs.
Exploring New Frontiers of Storytelling
By financing “New Here,” the Arbitrum Foundation reflects the increasing precedent of blockchain technologies aiding arts financing. As Cryptonews reports, other examples include the short film “Calladita” crowdfunded through the Decentralized Pictures Foundation with a $100,000 contribution, as well as the Oscar-winning short “Irish Goodbye” benefitting from a crowdfunding model adopting NFT funding.
Notably, Stephen Graves recently launched a crypto crowdfunding campaign for his short horror film “The Dead of Winter” utilizing the Polygon network, showing how filmmakers are actively exploring new avenues like decentralized financing.
A Glimpse into the Cryptoverse
Through following the journey of a newcomer diving into the crypto art world, “New Here” aims to provide viewers with an engaging and insightful look into this burgeoning creative economy. By profiling prominent NFT artists and influencers, Norris hopes to convey the excitement and possibilities of this digital frontier to wider audiences. The film promises to explore not just the technical underpinnings of blockchain and cryptocurrencies, but also their growing cultural impact and ability to open new channels for creativity and community.
With Shane Norris at the helm of “New Here” and a dedicated team behind it, the crypto-funded film appears poised to push the traditional boundaries of storytelling in unique and compelling ways, inviting more involvement and investment from the blockchain space. As the lines between finance and art continue to blur, projects like this may foreshadow increasing collaboration between cryptocurrencies and creative fields.
The post Oscar-Winning Filmmaker Shane Norris Explores Crypto Art with “New Here” appeared first on Althalla.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
