Hollywood NFTs Crypto JamesMackieandMattHookings Hollywood could fund movies using crypto, NFTs - James Mackie and Matt Hookings
- In the future, movies may be funded through cryptocurrencies and NFTs, which could democratize the filmmaking process, according to James Mackie, Team Lead at Moviecoin.com, and Matt Hookings, an actor and producer, and founder of Camelot Films.
He added that funding movies through this means allows for more decentralized and audience-based decision making about the production process. Mackie and Hooking spoke with David Lin, Anchor and Producer at Kitco News, at the AIBC Summit in Malta.Mackie used NFTs and crypto to fund Prizefighter, an Amazon Prime movie starring Hookings as Jem Belcher, a 19th Century English boxer. The movie also stars Oscar winning actor Russell Crowe.
"With Prizefighter, we did [NFT funding] on a small scale, it was a small part of the funding," he stated."But because of the nature of it, being an Amazon film, and because we had Russell Crowe and lots of well known cast, I think it tickled the idea of this is where studios could go."
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