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Home » Ethereum documentary’s funding raises $1.9M in 3 days

Altcoin NewsEthereum News

Ethereum documentary’s funding raises $1.9M in 3 days

Joy Dahunsi
Last updated: July 19, 2021 2:22 pm
By Joy Dahunsi
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Ethereum’s documentary is slated to premiere in winter 2023, the film will present the innovative real-world uses of the Ethereum blockchain, the die-hard community of enthusiasts and developers, and its creator, Vitalik Buterin.
Ethereum documentary's funding raises $1.9M in 3 days

The debut of a new documentary about the Ethereum blockchain is greatly anticipated by the cryptocurrency world , with the film’s funding campaign exceeding expectations.

The makers announced on July 16 that a crowdfunding campaign for the Ethereum-themed documentary Ethereum: The Infinite Garden had surpassed its goal of 750 Ether (ETH), generating a total of 1,035.96 ETH worth $1.9 million.

And that’s a wrap. 984.16 ETH raised for the film. 31.08 ETH to @gitcoin grants. 20.72 ETH to @Carbonfundorg. THANK YOU to everyone who supported, and congratulations to our new producers. Now let’s go make a movie! See the complete set of credits here: https://t.co/qOcezAOj4R pic.twitter.com/1K6fVEGaO8

— Ethereum: The Infinite Garden (@EthereumFilm) July 16, 2021

Last Wednesday, a crowdfunding campaign was launched to help fund the production of a feature-length character-driven documentary film about the “innovative real-world uses of the Ethereum blockchain, the die-hard community of enthusiasts and developers, and its creator, Vitalik Buterin.”

The fundraising effort received 662 contributions through Mirror, a decentralized crypto-based network before it ended on Friday. “We are blown away by the community’s response. “We exceeded our goal in three days,” the project’s developers announced.

The film’s production budget will receive 95% of the cash received, while 3% will be awarded as Gitcoin grants to promote open-source Ethereum projects, and the remaining 2% will be donated to Carbonfund.org, a non-profit dedicated to reducing global carbon emissions.

The film, which is set to debut in winter 2023, will treat Ethereum as an “infinite garden,” describing its blockchain as a “decentralized ecosystem with soil, plants, and insects” rather than a “machine managed by a central brain.” Aya Miyaguchi, the Ethereum Foundation’s executive director, came up with the concept of the infinite garden.

The project’s creators released a set of nonfungible tokens (NFTs) attached to certain on-screen credits in the movie. The top three backers received these three one-of-a-kind NFTs created by digital artist Pplpleasr, who has worked on films such as Batman v Superman, Wonder Woman, and Star Trek Beyond.

TAGGED:DocumentaryethereumEthereum blockchain
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