Another Blockchain First: Mogul Productions to Auction Producer Credits as NFTs
*TORONTO, ON / ACCESSWIRE / February 7, 2022 / *Mogul Productions is already well known for helping revolutionize movie financing through the power of non-fungible tokens (NFTs) and now it's breaking ground once again at the intersection of film and NFTs: offering producer credits on the blockchain for the first time in movie history.
Historically, producing credits have been reserved for the wealthy and connected. Through blockchain technology, Mogul Productions is breaking down the gates to the Hollywood system, giving community members the chance to join the producers' circle for their upcoming feature film "Bonded" by bidding on 1 Executive Producer and 1 Associate Producer credit in the form of NFTs via Mogul's native token, STARS.
These credits are made available to the community via Mogul's early investment in the film.Auction winners will have their backing of the film enshrined forever on the blockchain and immortalized on screen in the credits of the finished production. It represents a monumental step in bringing in more fan engagement, and it's all being made possible through Mogul's platform.
"Bonded" was the first film to be partially financed via Mogul's proprietary platform, and now presents an opportunity for fans to own producer credits, adding another layer of excitement and offering something to the community that was not previously possible.
Bonded is a harrowing human trafficking drama directed and written by Mohit Ramchandani and inspired by a true story that follows the journey of a teenager from Mexico whose dreams of becoming a soccer star are shattered when he's smuggled across the border and sold to a sweatshop making party dresses in downtown Los Angeles.
Bonded stars Jason Patric, Alfredo Castro, Paulina Gaitan, Francisco Denis, Samm Levine and Mexican newcomers Diego Calva (who was cast in Damien Chazelle's upcoming "Babylon" with Brad Pitt and Margot Robbie) and Ari Lopez in the lead role of ‘Jesus.'
The NFTs will be available in two tiers:
*Associate Producer* auction winners will receive an associate producer credit on IMDb and within the final cut of the film, a digital copy of the shooting script, and an invitation for 2 to a private industry screening of the film to be held in Los Angeles or Toronto.
*Executive Producer* auction winners will receive an executive producer credit on IMDb and within the final cut of the film, an autographed digital and hard copy of the shooting script, and an invitation for 4 to a private industry screening of the film to be held in Los Angeles or Toronto.
Mogul Productions is one of the world's first cross-chain non-fungible token (NFT) marketplaces, and the only global NFT marketplace and platform focused on the film and entertainment industry. Its platform is transforming film production through decentralization, giving its community of film buffs ways to take part in the filmmaking process that would have never been possible before blockchain and DeFi technology.
Mogul works alongside some of the biggest names in entertainment as an NFT launchpad for movie and entertainment IP, providing end-to-end service for minting and launching their own NFT collections through their immersive and inclusive marketplace. Through digital ownership, fans can get closer to the action in a way that's never been possible before.
Please note: To be eligible for either producer credit, the winning bidder must submit and pass a background check and sign a Producer release form.
*About Mogul Productions*
Mogul Productions is revolutionizing film financing, allowing a global audience of fans to participate in the financing of movies and other forms of entertainment through NFT sales. Mogul's NFT marketplace serves as a bridge between the NFT arena and the world of entertainment financing. It's a platform for film fans, by film fans, empowering users to take an active role in the script-to-screen process. Access Pass holders get even more insider benefits and perks, including access to exclusive events held around Mogul-produced film releases.
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*Media Contact:*
Dan Spencer
Dan@energentmedia.net
*SOURCE:* Mogul Productions
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