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NFT News

Steven Soderbergh Gives the Andrews/Bernard Award to NFT-funded Calladita

Steven Soderbergh funded the $300,000 grant for the Decentralized Pictures network in April 2022 as he was eager to test the viability of blockchain film finance.

Written By:
Vismaya V

Last updated: January 24, 2023 1:08 PM
Published 2023-01-24
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Steven Soderbergh Gives the Andrews/Bernard Award to NFT-funded Calladita

Acclaimed and prolific filmmaker Steven Andrew Soderbergh names the NFT-funded film ‘Calladita’ by director Miguel Faus as the winner of the Andrews/Bernard Award.

Legend Steven Soderbergh just gave us a Completion Funds award for our film CALLADITA at Sundance.

HUGE thanks to @DCP_Foundation, our whole cast & crew, and the 500+ degens that made this film possible. pic.twitter.com/Br8DFmlAzc

— Miguel Faus 🎥 CALLADITA FILM (@miguelfaus) January 21, 2023

The Andrews/Bernard award launched by Steven Soderbergh and the Decentralized Pictures grants $300,000 in finishing funds for notable English-language films and shorts for up to three filmmakers.

The film synopsis of Calladita: “In a summer mansion in the Costa Brava, a young domestic worker has to serve two rich kids while she looks for her own way to have fun.” 

Director Miguel Faus stated “This movie started as a crazy idea in my mind that maybe I could fund my first feature through an NFT collection, and a few months later, thanks to 500 degens on the internet who believed in us and minted our NFTs, we got to make the movie. To have it now awarded by a legend of independent cinema like Steven is a dream come true.”

Faus continued by saying he believes that “Film3 is the future of independent cinema and is the reason “Calladita” exists.” 

Decentralized Pictures, a blockchain-based platform where filmmakers can submit movie pitches and pay a submission fee in the project’s native token, FILMCredits, was launched in 2021 by Mike Musante, producers Roman Coppola and Matchett, and with $50,000 in documentary funding from The Gotham Film & Media Institute.

Soderbergh funded the $300,000 grant for the Decentralized Pictures network in April 2022 as he was eager to test the viability of blockchain film finance.

Last June, legendary filmmaker Spike Lee stated that using NFTs to fund films is “bringing more democracy to filmmaking,” while speaking at the NFT.NYC conference. When asked if he’d fund his own project with NFT sales, Lee replied, “Maybe down the line, but not right now.”

Also Read: ‘Infinite Machine’, an NFT-Backed Movie by Versus x Decentraland x Lumiere

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Vismaya V - Content Writer
By Vismaya V
Vismaya is a crypto content writer with over two years of experience in the field. With a passion for writing and research, Vismaya has made a name for herself in the crypto community with her in-depth analysis and clear explanations of complex topics. In addition to her love for writing and crypto, Vismaya is also a big fan of football and anime.

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