Actor Matthew Lillard (Scream), and writer-director Bill Whirity (Semblance) have launched Midnite Movie Club, an NFT based project that allows holders to participate in the first ever “decentralized movie studio.”
How it works is rather simple. Each NFT allows its current owner one vote (the more NFTs you own the more votes you can cast). The blockchain records each vote, ensuring only holders can vote and only cast their allotted votes. Once a vote is cast, it is recorded and immutable.Using this system, you will be able to both vote on which films get greenlit as well as on creative decisions the filmmakers offer up to the community throughout production. They already have one film ready to begin immediately. A few examples of things you will vote on are: deciding which actors we will make offers to first, picking costumes, props, or creature designs, choosing our movie poster design, and more!
5,555 NFTs will be offered up on the Ethereum Blockchain at 0.09 ETH for 1 or 0.08 ETH for 2+ (around $250-275 USD)*The NFT will be mint on April 20.
The studio’s main focus will be on horror, sci-fi, action adventure, and fantasy. The first project is a high concept vampire movie entitled Let Them Die set to start production in summer of 2022.