BONUS EPISODE: The Complete Guide to NFT in Independent Film (and How to Make Money)

BONUS EPISODE: The Complete Guide to NFT in Independent Film (and How to Make Money)

So today we are going to go down the rabbit hole of NFTs. What the heck is an NFT. It is a Non Fungible Token. Basically, an NFT is a completely original digital file or a digital collectable which is registered on a blockchain ledger just like any cryptocurrency. But unlike cryptocurrency, like Bitcoin or Ethereum, an NFT is totally unique and because it lives on the blockchain it verifies who is the rightful owner of this one-of-a-kind digital collectable file.

In February 2021, digital artist Peebles sold a digital artwork for $69.3 million at auction. You heard correctly almost $70 million for a digital file. The founder of Twitter, Jack Dorsey, sold his very first tweet as an NFT for $2.9 million.

It took me a minute to understand what these things were and then it clicked. NFTs are digital baseball cards, comic books, Garbage Pail Kids or Pokemon cards. They are just a digital version and in many ways better because you know exactly how many copies exist.

The NBA is sell "moments" as NFTs through NBA Top Shots. Basically, they are selling highlight clips as NFT and they are killing it. Fans of the NBA are gobbling these NFTs as fast as they are released. I really think there is now one doing NFTs better than the NBA right now.

Musicians are having amazing success selling NFTs directly to their fans. This is turning the established music industry on its head. NFTs are essentially killing off the middle man. No more label, just a direct relationship with the artist's fans.

The other amazing thin about NFTs is that the artist continues to make money on every sale of the NFT forever. Let me explain. When an artist creates a NFT by minting it. Minting is the process of create the digital file (NFT) and placing it on the blockchain. The artist then sets the residual percentage every time the NFT sells.

So if I mint a short film and sell it for $500. I get $500. Now, if the new owner sells it 2 years from now for $10,000 I get 10% of that sale. Every time that NFT is resold I get my cut. All transactions transparent. All on the blockchain.

So how can filmmakers make money? There are so many options because NFTs are in their infancy. Everyone is trying to figure out how to use them in indie film. Some ideas are:

Selling the distribution rights to the entire film, like Kevin Smith is doing with is latest film Killjoy
Selling the distribution rights to your film in shares like the indie film Lotawana
Create an NFT to a short film to finance it
Sell NFT collectables from the film
Fund raise your film's budget with NFTs

These are just some ideas. I decide to throw my hat in the ring and created an experiment. I minted a few NFTs for my first short film BROKEN and some "legacy NFTs" of the first ever filmmaking tutorials ever uploaded to YouTube. Here is the description of one of the NFTs.

This NFT is called Muzzle Flash Breakdown and is one of the first filmmaking tutorials to ever be uploaded to YouTube. It was uploaded on August 28, 2006 by filmmaker, author and Indie Film Hustle Podcast host Alex Ferrari from his 2005 award-winning short film BROKEN.

It was taken from the best-selling DVD of the film. That DVD was one of the first indie short films to ever create a massive collection of tutorials and making of videos that explained how to make a low-budget independent film with off-the-shelf software and digital consumer cameras.

This is part of a limited series of filmmaking tutorials that were uploaded to YouTube from the short film BROKEN. All the videos were uploaded and released on the same day in 2006. The external link attached to this NFT will show the original upload to YouTube.

Link: https://www.youtube.com/watch?v=yFPoBZY5BrA

When you purchase this NFT you will also gain access to the short film BROKEN, the entire collection of tutorials and commentary tracks via private link and passcode. You will also receive the original QuickTime file that was uploaded to YouTube.

To access my NFTs go to: www.ifhnft.com

I released three of 6 of the total filmmaking tutorials I uploaded on YouTune back in Aug 2006. If these sell out I'll upload the rest and maybe some of my other popular short films I directed over the years. I wanted to give you an example of what an independent film NFT looked like and this is totally an experiment to see what happens.

Maybe I'll never sell an NFT, maybe I sell them three years from now or maybe they will sell out in 15 min. Who knows. What I am excited about is the potential of what this could mean for the indie filmmaking community.

In this episode I break down everything you need to know about NFTs, how to make money with them and more. Enjoy!

Become a supporter of this podcast: https://www.spreaker.com/podcast/indie-film-hustle-a-filmmaking-podcast--2664729/support.

Jaksot(978)

IFH 745: Screenwriting & Hollywood in the Times of COVID with Greg Gertmenian

IFH 745: Screenwriting & Hollywood in the Times of COVID with Greg Gertmenian

Today on the show, we have Greg Gertmenian, who is the Head of Script Analytics and Film Development at Slated. He is also the co-inventor of the Script Score, the only screenplay evaluation tool proven to accurately predict good films. Helped arrange to finance of films like SUPER TROOPERS 2, DEEP MURDER, CRUISE, AT FIRST LIGHT, GOD BLESS THE BROKEN ROAD, BECOMING, and WHAT BREAKS THE ICE.Prior to his time at Slated, he produced short format content, including the fan-beloved short film BALROG: BEHIND THE GLORY and the award-winning AFI Fest film THE HAIRCUT.I wanted to bring Greg on the show to discuss Hollywood, screenwriters, and the COVID pandemic, and what we all can do to survive and thrive during these crazy and uncertain times.Enjoy my conversation with Greg Gertmenian.Become a supporter of this podcast: https://www.spreaker.com/podcast/indie-film-hustle-a-filmmaking-podcast--2664729/support.

9 Huhti 20241h 23min

IFH 744: The Screenwriter's Guide to Video Game Writing with Robert Denton Bryant

IFH 744: The Screenwriter's Guide to Video Game Writing with Robert Denton Bryant

I always wondered how someone would get into the video game writing business. Today's guest is screenwriter/game development guru Robert Denton Bryant and he answers that question and so much more.Robert Denton Bryant has worked in Hollywood in marketing and production, and in video games as a publisher and a developer. He has been Executive Producer on dozens of games on platforms ranging from CD-ROMs to the iPad, including the bestselling World Championship Poker and Pinball Hall of Fame console franchises.He is the co-author (with Charles P. Schultz) of Game Testing: All in One and (with Keith Giglio) Slay the Dragon: Writing Great Video Games.Writing for the multibillion-dollar video-game industry is unlike writing for any other medium. Slay the Dragon will help you understand the challenges and offer creative solutions to writing for a medium where the audience not only demands a great story but to be a driving force within it. Aimed at traditional writers who want to learn interactive narrative as well as game creators who want to tell better, more emotionally involving stories, the book is written by two creative veterans of both Hollywood and "Nerdyhood." Through lively discussions and self-paced-exercises, Bryant and Giglio step you such topics as the:"No-act" structure of video gamesWriting great game charactersMaking gameplay emotionally meaningfulBringing your game world aliveI can't tell you what an amazing episode this is. Robert takes me down the rabbit hole of writing for video games, the business, how to break in as a writer, and a ton more. Who says you can't write for both video games and the big screen.Enjoy my conversation with Robert Denton Bryant.Become a supporter of this podcast: https://www.spreaker.com/podcast/indie-film-hustle-a-filmmaking-podcast--2664729/support.

2 Huhti 20241h 44min

IFH 743: The Guide for Every Screenwriter with Geoffrey D. Calhoun

IFH 743: The Guide for Every Screenwriter with Geoffrey D. Calhoun

After many requests, I decided to finally tackle the dreaded query letter. I bring back to the show screenwriter, author, and IFH Academy instructor Geoffrey Calhoun. Below Query Letter Checklist and a few areas, we discuss in the episode.No Snail MailDo Your ResearchAddress the Letter to Individuals, not "To Whom It May Concern"It's about the script, not you!Be Casual but not too casualCut to the chaseDon't forget the LoglineThis isn't open mic nightIts CATS meets The GooniesDig through your contactsProofreadI hope this helps you write that query letter. Best of luck and keep on writing!Enjoy my Conversation with Geoffrey D. Calhoun.Become a supporter of this podcast: https://www.spreaker.com/podcast/indie-film-hustle-a-filmmaking-podcast--2664729/support.

26 Maalis 202422min

IFH 742: Writing a Screenplay from the Inside Out with Brian Herskowitz

IFH 742: Writing a Screenplay from the Inside Out with Brian Herskowitz

Today's guest is screenwriter Brian Herskowitz. He wrote the book called Process to Product: From Concept to Script: A Practical Guide for the Screenwriter. Like millions before him, Brian Herskowitz moved out to Los Angeles to pursue an acting career.  He soon learned that there was a dearth of roles for shorter leading men and began searching for other outlets for his creative passions.  In 1980 he wrote his first screenplay, an action thriller about a young man who moves to Tokyo to train for the Olympics in Judo and gets caught up in an intrigue with the Yakuza.   Through that script, based on his true-life experience as an international judo competitor, he uncovered a knack and passion for writing.  As a writer, Brian has completed well over a dozen feature films.  His first produced feature was a low budget slasher titled DARKROOM.  He currently has several projects in active development including, THE ABDUCTION, THE EMPRESS OF ELSEWHERE (co-written with Theresa Nelson based on her best selling novel), TAKE A RIDE, and FAIRIES (co-written with Pam Dawber and Andy Tobey).His TV credits include a staff writing position on the NBC sit-com BLOSSOM, multiple episodes of the syndicated series HERCULES: THE LEGENDARY JOURNEYS, and ACAPULCO HEAT, the HBO hit comedy DREAM ON, CBS’s RENEGADE, THE EXILE, MURDER, SHE WROTE, the FOX Network’s YOUNG HERCULES, and CBS’s critically acclaimed was series TOUR OF DUTY (associate producer). Brian co-wrote the FOX pilot MANTIC with Jason Alexander.   In addition, he worked as a punch-up writer on BOB PATTERSON, and LISTEN UP.Brian currently holds the title of lead faculty in screenwriting for the prestigious  BOSTON UNIVERSITY IN LOS ANGELES - WRITER IN HOLLYWOOD PROGRAM.  Brian has taught online for UCLA EXTENSTIONS and has had students from every corner of the earth. Enjoy my conversation with Brian Herskowitz.Become a supporter of this podcast: https://www.spreaker.com/podcast/indie-film-hustle-a-filmmaking-podcast--2664729/support.

19 Maalis 20241h 14min

IFH 741: How to Break into Television Writing with Steven Vitolo

IFH 741: How to Break into Television Writing with Steven Vitolo

Have you ever wondered what it takes to break into a network television writer's room? Then this episode is for you. Today's guest is Steven Vitolo and he did just that. His latest written episode is on the hit ABC show Black-ish. Steven has over 10 years of experience working in writer's rooms, most recently as a script coordinator on the TV series Black-ish, where he co-wrote the episode "Dream Home".Steven Vitolo also is the CEO and founder of Scriptation, the script reading and annotating app for film, television, and video production. Steven developed Scriptation after seeing first-hand the staggering amount of paper that gets consumed onset and is dedicated to promoting sustainable practices that inspire productions to go paperless.Enjoy my conversation with Steven Vitolo.Become a supporter of this podcast: https://www.spreaker.com/podcast/indie-film-hustle-a-filmmaking-podcast--2664729/support.

12 Maalis 202456min

IFH 740: Screenwriting Rules You Need to Learn Then Break with Julian Hoxter

IFH 740: Screenwriting Rules You Need to Learn Then Break with Julian Hoxter

You should all know this by now. I love bringing on different perspectives on the craft because you never know what might click for someone. At the end of the day, we are all trying to tell a and compelling story. I invited to the show this week Julian Hoxter to talk about his book, The Creative Screenwriter: 12 Rules to Follow and Break to Unlock Your Screenwriting Potential. Julian is a published writer, lecturer, and screenwriting story consultant with extensive experience in scholarly writing.After film school at UCLA, Hoxter returned to his homeland, England, where he served as a senior lecturer at Solent University for some years before starting up at San Francisco State University, where he currently is an associate professor of cinema.Hoxter’s latest textbook, The Creative Screenwriter: 12 Rules to Follow―and Break―to Unlock Your Screenwriting Potential, distills the craft of screenwriting into 12 key elements, from developing your story to revising and rewriting, plus plenty of inspiration to create your screenplay with confidence.It encourages readers to look behind the scenes at iconic films using a classic screenwriting structure, along with experimental films from innovative writers that have transcended the rules and paved their way to the silver screen. Apart from academia, Hoxter has been producing his independent features, documentaries and doing rewrites collaborations with other filmmakers. One of his most known productions is the award-winning documentary feature, Imagine a School... Summerhill, produced in 2009. Other must-read textbooks or scholarly papers written by Hoxter include, Off The Page: Screenwriting in the Era of Media Convergence, The Pleasures of Structure: Learning Screenwriting Through Case Studies, and Theorizing Stupid Media: De-Naturalizing Story Structures in the Cinematic, Televisual, and Video Games. Keep an eye out for Hoxter’s sci-fi novels that will be out soon, The Ballad of Coopy Meakes.I collected a lot of knowledge bombs from chatting with Julian.Enjoy this conversation with Julian Hoxter.Become a supporter of this podcast: https://www.spreaker.com/podcast/indie-film-hustle-a-filmmaking-podcast--2664729/support.

5 Maalis 20241h 19min

IFH 739: Horror Screenwriting - The Nature of Fear with Devin Watson

IFH 739: Horror Screenwriting - The Nature of Fear with Devin Watson

I was glad to take a deep dive into the deep end of horror screenwriting with writer and producer, Devin Watson, notably known for writing and producing The Cursed (2010) which was the first draft he wrote in only two days. He’s also written several books, the latest of which is Horror Screenwriting: The Nature of Fear. Horror has, among all of the genres in film and written works, one of the longest, most distinguished, and often misunderstood bloodlines in history.It is often overlooked by critics who don't see anything more than blood and guts on the screen or a collection of cheap scares. But what is missed is the hard-hitting commentary on society and life contained in those works.Devin got his start working with the website, 'moviepartners.com' in the late 90s which was one of the first websites out there that really had any kind of information on independent filmmaking.Eventually, he decided to try out writing some scripts. But reading what every he could find to prepare him for scriptwriting. He was influenced in a big way by Lew Hunter's book, Screenwriting 434. Here, Lew Hunter shares the secrets of his course on the screenwriting process by actually writing an original script, step by step in Screenwriting 434.When he felt ready, Devin wrote his first five scripts, all of which turned out not very good. Not until November 2006 that he wrote a script in 2 days for his friend, Phil Melfi. That was when he felt confident in his work. That script became his debut production and writing, The Cursed, which is still a sci-fi channel Halloween rotation regular.Devin’s book Horror Screenwriting really dives into the craft of horror and screenwriting pretty deeply.Enjoy my conversation with Devin Watson.Become a supporter of this podcast: https://www.spreaker.com/podcast/indie-film-hustle-a-filmmaking-podcast--2664729/support.

27 Helmi 20241h 13min

IFH 738: Inside Warner Bros Writing Program with Rebecca Windsor

IFH 738: Inside Warner Bros Writing Program with Rebecca Windsor

Today on the show is Rebecca Windsor, the Vice-President of the Warner Bros. Television Workshop, the premier writing and directing program for professionals looking to start and/or further their careers in television.As an extension of her role developing new talent, Rebecca was recruited to help launch Warner Bros. new digital content brand Stage13, overseeing the critically acclaimed short-form digital series Snatchers, which premiered at the 2017 Sundance Film Festival and is available on Verizon’s go90 platform.Previously, she was the Creative Producing Initiative Manager of Sundance Institute’s Feature Film Program, playing a key role in coordinating the Creative Producing Lab and Summit, Screenwriters and Directors Labs, and Episodic Story Lab.Prior to Sundance, Windsor was Manager of Development at Samuel L. Jackson’s television company, UppiTV, and at Mandeville Films. She started her career as an assistant at the Broder Webb Chervin Silbermann Agency and ICM. A San Diego native, she attended Northwestern University, where she received a BS in Theatre.Enjoy my conversation with Rebecca Windsor.Become a supporter of this podcast: https://www.spreaker.com/podcast/indie-film-hustle-a-filmmaking-podcast--2664729/support.

20 Helmi 20241h 7min

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