A DAO for filmmaking envisions a community-driven ecosystem that will take power from big production houses and distribute it among a diverse group of creators, audiences, and fans.
DAOs also aim to involve fans in the production process. Fans will play a major role in choosing the script or the plot of the movie through community crowd voting. They can also select the location for shooting the film and even nominate lead actors that they think can do justice to the character. Audiences can use their wallets to connect to dApps and even use NFTs to get tickets to film premieres. The main idea is to distribute the power equally among filmmakers and fans.
Movie makers can generate revenue through collectibles like merchandise and other toys after the theatrical release of their films. Community members can form a group and make their NFT films and stream them online. DAOs could create global franchises by outsourcing movies and video games that feature popular characters.
DAOs create a popular marketplace to harness like-minded creative minds and fans who can support contents they love and contribute to the filmmaking process.
DAOs democratize the movie industry, and establish transparency in financial transactions.
Community members and audiences are incentivized to support DAO films and promote them. Profits can be distributed through smart contracts among the production team and token holders.
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