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.

Episoder(979)

IFH 730: Writing the Netflix/TV Drama Series with Pamela Douglas

IFH 730: Writing the Netflix/TV Drama Series with Pamela Douglas

There’s always been a feel-good, easy-times nostalgia for the 80s and 90s TV shows. More so now that we sometimes feel overwhelmed by the plethora of shows we have to pick from. If you feel me then you will enjoy this conversation. Our guest today is the award-winning screen and television writer, professor, and best-selling author, Pamela Douglas. Pamela is a member of the Board of Directors of the Writers Guild of America and a USC School of Cinematics Arts tenure professor for screenwriting. She is credited for her writing on shows/series such as Star Trek: The Next Generation and The Ghostwriter (1992) to name a few.Aside from her awesome career as a screenwriter, she’s an international writer with multi-lingual adaptations of her books (German, Mandarin, Italian, French, Korean, and Spanish). Pamela packed her expertise in her 2018 revised fourth edition of her 2008 book 'Writing the TV Drama Series: How to Succeed as a Professional Writer in TV'.The book is a complete resource for anyone who wants to write and produce for television drama series or create an original series, as well as for teachers in screenwriting classes and workshops. It leads the reader step-by-step through every stage of the development and writing process, offering practical industry information and artistic inspiration. The Fourth Edition leads readers into the future and engages provocative issues about the interface between traditional TV and emerging technologies. It’s also the single most comprehensive source on what is happening in original television drama around the world, with surveys of 15 countries.As you will learn in this episode, Pamela’s passion for writing goes back to her childhood. Even though she’s dabbed in screenwriting for movies, she’s discovered throughout her career that television carries a bigger pull in terms of communicating ideas, stories, characters, life, and experience. Its essence allows for vertical story-telling, expansion, and continuity to reveal newer plots and characters.Star Trek: The Next Generation is a classic sci-fi series set almost 100 years after Captain Kirk's five-year mission, a new generation of Starfleet officers set off in the U.S.S. Enterprise-D on its own mission to go where no one has gone before - the exploration of the Milky Way galaxy.Ghostwriter is an American children's mystery television series that revolves around a circle of friends from Brooklyn who solve neighborhood crimes and mysteries as a team of young detectives with the help of a ghost named Ghostwriter who can only communicate through writing and words.Chatting with a seasoned screenwriter like Pamela, there is so much wealth of knowledge packed in every word. We talked about presentation reelers, the forex structure and her approach to it, and why she thinks The Wire is the best show of all time in terms of character, layering, and sterilized storytelling.Enjoy this conversation with Pamela Douglas.Become a supporter of this podcast: https://www.spreaker.com/podcast/indie-film-hustle-a-filmmaking-podcast--2664729/support.

26 Des 20231h 4min

IFH 729: How to Create Story & Character Conflict with Eileen Cook

IFH 729: How to Create Story & Character Conflict with Eileen Cook

Today on the show we have best-selling author and screenwriter Eileen Cook. She is a multi-published, award-winning author with her novels appearing in nine languages. Her books have been optioned for film and TV.She spent most of her teen years wishing she were someone else or somewhere else, which is great training for a writer. She’s an instructor/mentor with The Creative Academy and Simon Fraser University Writer’s Studio Program where she loves helping other writers find their unique story to tell.Her best-selling book Create Story Conflict: How to increase tension in your writing & keep readers turning pages is a must-read for screenwriters. Here's a bit about the book:Conflict is essential to story—regardless of genre. The friction between what a character wants and the lengths they will go to reach that goal is what pulls readers through your book. Great conflict is what leaves readers cheering (or crying) at the end of a story. Using humor and her deep knowledge of human behavior, counselor and award-winning author Eileen Cook will guide you through the causes of conflict, the differences between internal and external conflict, and show you how conflict resolution techniques can be turned upside down to ramp up the tension in your book. Filled with practical tips, examples, and prompts, this is a craft book you’ll keep on your shelf to use again and again.Enjoy my conversation with Eileen Cook.Become a supporter of this podcast: https://www.spreaker.com/podcast/indie-film-hustle-a-filmmaking-podcast--2664729/support.

19 Des 20231h 11min

IFH 728: The Science of Storytelling for Screenwriters with Will Storr

IFH 728: The Science of Storytelling for Screenwriters with Will Storr

I'm super excited to bring you today's show. Today on the podcast we have best-selling author Will Storr. Will's latest book The Science of Storytelling: Why Stories Make Us Human and How to Tell Them Better is a deep dive into how story affects the brain. Here's a bit about the book:Who would we be without stories?Stories mold who we are, from our character to our cultural identity. They drive us to act out our dreams and ambitions and shape our politics and beliefs. We use them to construct our relationships, to keep order in our law courts, to interpret events in our newspapers and social media.Storytelling is an essential part of what makes us human.There have been many attempts to understand what makes a good story – from Joseph Campbell’s well-worn theories about myth and archetype to recent attempts to crack the ‘Bestseller Code’. But few have used a scientific approach. This is curious, for if we are to truly understand storytelling in its grandest sense, we must first come to understand the ultimate storyteller – the human brain.In this scalpel-sharp, thought-provoking book, Will Storr demonstrates how master storytellers manipulate and compel us, leading us on a journey from the Hebrew scriptures to Mr. Men, from Booker Prize-winning literature to box set TV. Applying dazzling psychological research and cutting-edge neuroscience to the foundations of our myths and archetypes, he shows how we can use these tools to tell better stories – and make sense of our chaotic modern world.His TED Talk is a must-watch for all filmmakers and screenwriters. After interview hundreds of the world's thought-leaders on story it's rare for me to find a completely new way of looking at story. I can't tell you how fascinating this conversation is. If this episode doesn't spark an idea or two in your screenwriting I don't know what will.Enjoy my conversation with Will Storr.Become a supporter of this podcast: https://www.spreaker.com/podcast/indie-film-hustle-a-filmmaking-podcast--2664729/support.

12 Des 20231h 29min

IFH 727 Lessons Learned Writing Oliver Stone's The Doors with Randall Jahnson_mixdown

IFH 727 Lessons Learned Writing Oliver Stone's The Doors with Randall Jahnson_mixdown

Randall Jahnson is an American screenwriter and film producer. He was born on March 7, 1951, in Des Moines, Iowa, United States. Jahnson is best known for his work in the film industry, particularly as a screenwriter.Jahnson's notable credits include writing the screenplay for the 1989 film "The Mask," starring Jim Carrey. He also co-wrote the screenplay for the 1992 film "Dudes" and the 1998 film "The Doors," which is a biographical film about the rock band of the same name.In addition to his work as a screenwriter, Jahnson has worked on other aspects of film production. He served as a producer for the 1997 film "The Doors: When You're Strange," a documentary about the band, and was an executive producer for the 2009 film "The Spirit," directed by Frank Miller.Randall Jahnson has had a varied career in the film industry, working on both independent and mainstream projects. While he may not have the same level of name recognition as some other screenwriters, his contributions to the films he has worked on have left an impact on the industry.Become a supporter of this podcast: https://www.spreaker.com/podcast/indie-film-hustle-a-filmmaking-podcast--2664729/support.

5 Des 20231h 42min

IFH 726: Story$elling Your Screenplay with Heather Hale

IFH 726: Story$elling Your Screenplay with Heather Hale

Today on the show we have returning champion Heather Hale. Heather Hale’s new book Story Selling: How to Develop, Market, and Pitch Your Film & TV Projects helps you get your stories out of your head and onto the worldwide stage. From the inspiration and conception of all kinds of creative writing, through the development and refinement of all the elements, to navigating the legal, financial, physical production, distribution, and marketing labyrinths of the overlapping businesses of mass media, she explores how (and why) we write, co-create, share and monetize stories around the world today.Pitching is an art form that brings together content and communication channels. Regardless of What you’re pitching . . . Where, When and to Whom . . . the principles are universal. It’s How you pitch that matters ― and there are countless strategies that combine elements in different combinations.Heather's book details all of them, their construction and applications, in a fun and interactive way that inspires readers to create memorable and saleable pitches in order to get their projects made.Enjoy my conversation with Heather Hale.Become a supporter of this podcast: https://www.spreaker.com/podcast/indie-film-hustle-a-filmmaking-podcast--2664729/support.

21 Nov 20231h 17min

IFH 725: Hidden Tools of Comedy for Screenwriters with Steve Kaplan

IFH 725: Hidden Tools of Comedy for Screenwriters with Steve Kaplan

Steve Kaplan is a well-known comedy writer, teacher, and consultant. He is the author of the book "The Hidden Tools of Comedy: The Serious Business of Being Funny," which is a popular resource for aspiring comedy writers. The book delves into the principles and techniques of comedy writing, offering insights and practical advice for creating humorous and engaging content.Steve Kaplan has been teaching comedy writing and performance for many years, and his expertise has made him a sought-after consultant in the entertainment industry. He has worked with numerous writers, actors, and directors, helping them develop their comedic skills and enhance their comedic projects. Kaplan's approach to comedy emphasizes the importance of understanding human nature, exploring characters' desires and obstacles, and using specific comedic techniques to elicit laughter.In addition to his book, Steve Kaplan has also conducted workshops, seminars, and lectures on comedy writing and has worked with various entertainment companies, including Disney, HBO, and DreamWorks Animation. He continues to be a respected figure in the field of comedy writing education.Become a supporter of this podcast: https://www.spreaker.com/podcast/indie-film-hustle-a-filmmaking-podcast--2664729/support.

14 Nov 20231h 12min

IFH 724: What is Maximum Screenwriting with Jeff Schimmel

IFH 724: What is Maximum Screenwriting with Jeff Schimmel

Jeff Schimmel began his Writing/Producing career in the 1980s while attending law school in Los Angeles. When not studying for the bar exam, Jeff wrote and sold his original Cold War spy thriller, Archangel, to Phoenix Entertainment Group. Soon after, Jeff was chosen by comedy legend Rodney Dangerfield and award-winning Writer/Director Harold Ramis to co-write the full-length Warner Brothers animated film, Rover Dangerfield. This led to a sports comedy screenplay assignment from Orion Pictures and 20th Century Fox, and Jeff’s first TV writing job as Story Editor on ABC’s top ten sitcoms, Full House.Next, Jeff co-wrote and produced The Schimmel Papers, a series of several short films for Fox TV's Sunday Comics, then went on to write for the groundbreaking, Emmy Award-winning sketch comedy series, In Living Color, worked as Story Editor on the WB network’s first-ever sitcom, then served as Writer and Producer on Laughing With The Presidents, NBC TV's final comedy special starring Bob Hope, with appearances by Presidents George Bush and Bill Clinton, actors Tom Selleck, Don Johnson, Tony Danza, Ann-Margret, Naomi Judd, and many more.In 2016, Jeff took over as Executive Producer of Fuse network’s music intensive Skee TV series, working with hip hop artists like Snoop Dogg, Tyler the Creator, Post Malone, and T.I. Also in the rap world, Jeff was credited as a producer on three multi-platinum selling CDs by Busta Rhymes. In 2017, Jeff’s book, “Maximum Screenwriting,” was released and has earned Amazon’s five-star rating. Jeff has appeared as a guest lecturer at L.A.’s famed Screenwriting Expo, is a popular speaker at prestigious universities and film schools, and has worked closely with the Writers Guild of America to protect the best interests of writers.25 COMMONLY ASKED QUESTIONS AND STRAIGHT ANSWERSThe entertainment industry is the toughest business around. To achieve success as a professional screenwriter, you will need every advantage you can get. A writer who faces readers, agents, producers, and creative executives are no different than a soldier going into combat. To have the best chance of survival, both would be wise to bring every weapon they can carry into the fight.This book is ammunition for the battles every screenwriter will face as it teaches: How to create a bulletproof outline, How to build and breathe life into compelling characters, How to defeat crippling procrastination, How to avoid being ripped off, and How to deal with a myriad of situations other books never mention.The one thing this book will not do is tell you what the proper margins are for a screenplay, where to place a parenthetical in dialogue or what is supposed to happen on page 30. There are dozens of books and free online lectures for that. Maximum Screenwriting was written for one reason only: to teach you what other books don’t and to tell you what other writers won’t.Enjoy my conversation with Jeff Schimmel.Become a supporter of this podcast: https://www.spreaker.com/podcast/indie-film-hustle-a-filmmaking-podcast--2664729/support.

7 Nov 20231h 5min

IFH 723: The Essentials of Screenwriting with Pilar Alessandra

IFH 723: The Essentials of Screenwriting with Pilar Alessandra

Pilar Alessandra is the director of the screenwriting and TV writing program On the Page®, host of the popular On the Page Podcast and author of the top-selling book “The Coffee Break Screenwriter.”Pilar started her career as Senior Story Analyst at DreamWorks SKG and, in 2001, opened the On the Page Writers’ Studio in Los Angeles. Her students and clients have written for The Walking Dead, Modern Family, Grey’s Anatomy, Lost and Family Guy. They’ve sold features and pitches to Warner Bros, DreamWorks, Disney and Sony and have won the prestigious Nicholl Fellowship, Austin Screenwriting Competition and Warner Bros. TV Writing Workshop.In addition to her private classes taught out of the On the Page Writers’ Studio, Pilar has trained writers at DreamWorks, Disney Animation, ABC, CBS and regularly moderates the Pitch Conference at the American Film Market. Pilar has traveled the world teaching in London, Dublin, Beijing, Warsaw, Lisbon and Cape Town, training writers, animators, producers and show runners in the art of writing, story telling and pitching.Become a supporter of this podcast: https://www.spreaker.com/podcast/indie-film-hustle-a-filmmaking-podcast--2664729/support.

31 Okt 202358min

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