NFT-Funded Film “The Quiet Maid” Secures Global Sales Agreement

In a groundbreaking move for the film industry, “The Quiet Maid,” a movie funded through the sale of NFTs, has successfully landed a global sales deal. The film, a poignant social satire previously known as “Calladita,” is the brainchild of Spanish director Miguel Faus. Recently, the world sales rights for the film were acquired by the renowned Ibero-American entertainment company, FilmSharks, during the Iberseries conference in Madrid.

The narrative of “The Quiet Maid” revolves around the life of a Colombian maid, portraying her challenges and triumphs while working for an affluent, yet possibly deceitful, Spanish family in Catalonia. The story finds its roots in a short film by Faus, which garnered attention on the festival circuit and was subsequently streamed on the Max platform.

Capitalizing on the momentum from the short film, Faus ventured into the realm of NFTs, selling unique tokens to fund the feature-length adaptation of his story. This innovative approach proved fruitful, amassing a production budget of $750,000. These NFTs weren’t just a fundraising tool; they granted holders exclusive insights into the film’s production process and even a say in the distribution of the film’s future earnings through a decentralized autonomous organization (DAO).

Adding to the film’s unique journey, Steven Soderbergh, the acclaimed director behind “Ocean’s Eleven,” granted Faus $100,000 from an on-chain fund. This fund, created in collaboration with Decentralized Pictures, aims to support budding filmmakers exploring unconventional financing avenues.

However, Faus emphasizes that while blockchain-backed financing was instrumental in bringing “The Quiet Maid” to life, the film’s merit lies in its content rather than its novel funding method. He shared with Decrypt, “The innovative and decentralized funding was a triumph, but the film’s true test lies ahead. Its success will hinge on its ability to resonate with audiences, irrespective of its unique origin.”

Film enthusiasts can look forward to “The Quiet Maid” making its global debut at the Tallinn Black Nights Film Festival in Estonia next month, where it will vie for honors in the First Feature category.

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