Home Blockchain Breaking into the film financing channel, CyberPictures

Breaking into the film financing channel, CyberPictures

by Sophie Smith

CyberPictures: Connecting Film Projects with Web3 through RWA Assets

Hong Kong-based platform CyberPictures has emerged as a one-stop solution for film projects and teams seeking to engage with audiences in the Web3 space. The platform, which focuses on entertainment-related Real World Assets (RWA), aims to bridge the gap between traditional film resources and the decentralized blockchain world.

Comprised of experienced professionals from both Hollywood and China, CyberPictures boasts a wealth of resources in top-tier film and TV projects. Additionally, the team has deep-rooted expertise in Web3, making it well-equipped to offer a comprehensive RWA solution. By combining film and Web3 domains, CyberPictures has created a unique “Web3+Film” model that addresses pain points in traditional film financing while generating additional income sources for the Web3 market.

At the core of CyberPictures’ offerings are three main types of film-related RWA assets. The Initial Film Offering (IFO) is designed for early or mid-stage projects with higher risk levels, where substantial investment returns can be earned if the film receives positive market feedback. The Security Token Offering (STO) targets mid to late-stage film investments, typically when the film is near or in production. Finally, NFTs (Non-Fungible Tokens) are issued for late-stage projects focused on fan engagement, where the film is in the promotion or released stage.

Utilizing blockchain technology, CyberPictures aims to create a new film project financing method and user engagement model that brings content creators and audiences closer together. By providing users with high-quality assets, CyberPictures enables more direct and interactive engagement with film content. The platform aims to attract a broader audience of Web2 users to the Web3 world through quality content and fan economics.

In the long run, CyberPictures plans to monetize its operations by collecting fees during film asset management and sales. As the platform gains momentum, it is actively seeking collaborations with leading crypto capital firms to expand its financing scale.

The core team behind CyberPictures includes seasoned professionals from Hollywood, Chinese film, and talent agencies, who bring their extensive resources and successful experience in film projects to the platform. By actively involving users in the entire filmmaking process, CyberPictures aims to stimulate the creation of more high-quality entertainment content and promote fan-driven economics.

CyberPictures has taken a different approach compared to other platforms that focus solely on NFTs. It aims to offer a complete “Film + Web3” solution, where NFTs are merely a tool and not the ultimate goal. By introducing real-world assets to the Web3 market, CyberPictures brings high-quality incremental assets and users to the Web3 space, resulting in a collision between blockchain technology and traditional real-world assets.

In a world where getting films made has become increasingly challenging, CyberPictures presents an alternative business model for movies by connecting creators with viewers and allowing audiences to participate in the creation process while earning returns. With its unique offerings and expertise in film and Web3 domains, CyberPictures is set to revolutionize the entertainment industry and reshape the relationship between filmmakers and audiences.

For more information about CyberPictures and its projects, visit their official website and Twitter page.

Website: https://cyberpictures.io/
Twitter: https://twitter.com/0xcyberpictures

You may also like

@2023 – All Right Reserved. Developed by Crypto Explorers