NFTs For Filmmakers

NFTs (or “non-fungible tokens”) are a special kind of crypto asset in which each token is unique.

You may have heard about record-breaking sales of NFTs.

An artist named Beeple sold a collage of 5,000 “all-digital” works for a staggering $69 million. 

You can think of NFTs as being kind of like certificates of authenticity for digital artifacts. They’re currently being used to sell a huge range of virtual collectibles, including:
 

  • NBA virtual trading cards 
  • Music and video clips from EDM stars like Deadmau5
  • Video art by Grimes
  • The original “nyan cat” meme 
  • A tweet by Dallas Mavericks owner and entrepreneur Mark Cuban 
  • Virtual real estate in a place called Decentraland  

NFTs sales soared to an estimated $338 million in 2020. 

Each NFT is stored on an open blockchain (often Ethereum’s) and anyone interested can track them as they’re created, sold, and resold. Because they use smart contract technology, NFTs can be set up so that the original artist continues to earn a percentage of all subsequent sales. 

It’s the wild wild west out there, much like the early days of the Internet.
 

NFTs have raised lots of questions about the nature of ownership, government control, regulations, and opportunities.

You may be wondering why digital artifacts that can be endlessly copied and pasted have any value at all!

Huge changes are coming in the collectibles, music, art, and now even film spaces, and now is the time to get educated.

I’m in the process of setting up a discord server to discuss NFTs for filmmakers in general and Impact Factor Movie NFTs in specific.  If you are interested in the topic, I would love to have you join and we can explore the world of NFTs together.  

https://discord.gg/gHCB6E39

Hope to see you there!

All the best,

kensignature

Ken McArthur

Best-Selling Author and Producer

KenMcArthur.com
The Impact Factor Movie
The Impact Masterminds


 

About Ken McArthur

Ken challenges us to realize we ALL have an impact – whether we want to or not – on thousands of people who we touch in our day-to-day lives by demonstrating that simple things make a HUGE difference. The popular host of a series of live events that bring together top-level marketers, entrepreneurs, business owners, corporations and non-profit organizations to create multi-million dollar joint venture relationships – he creates incredible, intense impact for product launches and multi-million dollar profits in surprisingly short timeframes. Regularly asked to speak at leading marketing events, he has managed product launches ranked in the top 400 sites on the Internet. Ken McArthur is also the creator of AffiliateShowcase.com, a pioneering affiliate program search engine and directory system and the founder of the MBS Internet Research Center, which conducted the world’s largest survey ever attempted on the subject of creating and launching successful information products. Not satisfied to concentrate entirely on large organizations, Ken also works with select individuals to help them create a decent living utilizing the power of the Internet. Ken was the official mentor for Sterling Valentine as he took his launch from ZERO to over $100,000 in less than 8 days. Ken and Sterling documented the process as a “proof of concept” for Info Product Blueprint a massive home study course that is the “bible” of info product creation. Ken offers top-level coaching and mentoring programs designed to help individuals, corporations and non-profit organizations reach masses of people using the techniques, tactics strategies and systems that he has developed specifically to help people spread their ideas, products and services around the globe.

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