The documentary film ‘Project Iceman’ based on Anders Hofman’s efforts to complete the first long-distance triathlon in Antarctica is all set to be funded by NFT sales.
Project Iceman’s fundraising effort comes after the film’s producers rejected a $1.25 million offer from a major streaming platform because it offered them limited creative freedom.
Hofman’s quest included a 3.9-kilometer (2.4-mile) swim in ice water, a 180-kilometer (112-mile) bike ride across a glacier, and a 42.2-kilometer (26.2-mile) run through blizzards in Antarctic conditions.
The project’s goal is to create a community around the film, with participants acting as investors and digital owners of the documentary.
The fundraising campaign comprises four NFT levels, with benefits such as access to the film’s virtual and physical premieres, future events and NFT launches, and ownership of 10-second excerpts from the film.
Project Iceman is just one of a number of projects attempting to revolutionize the film industry by utilizing NFTs. Just two weeks back, crypto exchange Coinbase announced plans to produce a trilogy series based on the Bored Ape Yacht Club community. An unknown number of selected Bored Ape NFTs will play characters in the adventure movie.