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Mogul Productions Presents: Malibu Crush Premiere in Sydney & LA

Malibu Crush is the award winning  independent Aussie comedy of two best friends from Pasadena who pretend to be highly acclaimed film school students in order to declare their love for an ex-girlfriend living in Sydney Australia.   

The movie stars actor and filmmaker James Pratt, Mogul Productions’ very own Live Talks host.  Its film premiere comes on the hot momentum of winning over 25 major film festivals in 2022 including, The 2022 Los Angeles Film Awards, 2022 Cannes Film Awards, The New York Movie Awards, and 2022 Beyond Hollywood Int’l Film Festival.

“My favourite comedy of 2022. Funny, witty and well-made. I’m not at all surprised by the success it’s had in US film festivals.”

 Hollywood producer Justin L. Levine

Malibu Crush was one of the few feature films shot in America and Australia during the 2021 pandemic.  It was filmed in and around Bondi Beach showcasing the incredible landscapes and businesses as part of the script.

Access Pass holders can attend red carpet premieres of the film in two major global cities.

Six tickets are available for the September  6th red carpet film premiere of Malibu Crush at Fox Studios Sydney on the 6th of September, 2022.

TCL Chinese Theatre in Hollywood will play the movie the same week as part of being a finalist in the ihollywood and Silicon Beach film festival.

“Mogul has already been a huge help to us making the film, with constant support and encouragement this is something often lacking in the filmmaking process.

James Pratt

Malibu Crush opens across all online platforms in Australia and New Zealand  in Australia on September 7th.  In America the TCL Chinese Theatre in Hollywood will play Malibu Crush during the same week as part of being a finalist for the 2022 Silicon Beach Film Festival and iHollywood Film Festival.

Malibu Crush was one of the few feature films shot in America and Australia during the 2021 pandemic.Mogul provides support to independent films around the world.  They will be active this month across Canada, Australia and Los Angeles. Mogul is a supporter of the Australian entertainment and blockchain industry.  Jake Fraser our Business Development Manager  – Anthony NFT announcement/ Mogul live guests. 

Malibu Crush Premiere Details

IMDB Details

Awards Details

6th September 2022

Hoyts Cinemas Fox Studios Australia

Red carpet is 6pm

Malibu Crush, the independent Aussie feature Film will be released on September 7th across all online platforms in Australia and NZ

USA TCL Chinese Theatre in Hollywood will play the movie the same week as part of being a finalist in the ihollywood and Silicon Beach film festival.

About Malibu Crush

Starring award-winning actor James Pratt, The Bachelor’s Brittany Hockley, Demitra Sealy ( Fast & Furious 9 ) Scott E Miller ( Once upon a time ) Bella Valentini ( Streets of Nadia ) and Billy White, Malibu Crush has been a big hit in 2022 across the USA festival circuit winning 21 major film festivals, including the Los Angeles Film Awards, Cannes Film Awards and Beyond Hollywood International Film Festival.

Distribution

Malibu Crush was one of the few feature films shot in America and Australia during the 2021 pandemic. The Dumb and Dumber style comedy has secured Australian and New Zealand distribution via Bounty Films and the USA, European and Canadian distribution through Cardinal XD.

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What is Film3?

Getting to Web 3

Web1 is an era of the internet where people could post content and it could be consumed by others.  Web 2.0 is the era of the social internet or the web as a platform, but where large companies owned all of the data being posted on them, combining mobile, social and cloud computing.

Web3 is the ownership and collaboration economy.  Web 3.0 are virtual business models, or places parallel to our physical world, built upon the core concepts of decentralization, openness, trustless networks, powered by encrypted, accountable distributed ledgers, where you can own and monetize your own content directly with a community or network.  It combines various tech like AR and VR to create centralized virtual spaces where people can meet, work and play.

Film3 is the filmmaking version of Web 3.0.

If Film 1.0 represented the era of making more movies and hoping they get consumed, and Film 2.0 represents the consolidation of the studios and everyone generally having to go through them and their distribution channels to get a movie project greenlighted, then Film3 is where the economy of Web 3.0 melds with filmmaking. It represents ownership and monetization of your own content without needing big studios to get a film produced and distributed through Decentralized Film Financing (DeFiFi) which also includes NFTs.

Film3 infrastructure is taking place online.  It is the immersive experience of filmmaking in blockchain and metaverse spaces.  The newest layers of the entertainment industry are being built online.  Production companies, film companies, streaming platforms, financing, advertising and more aspects of the filmmaking process are on the internet in a more transparent way.  

Filmmaking has become very Hollywood-centric and cliquey.   Only a few key decision makers act as gatekeepers for content. Studios run the show in terms of determining what content goes out because they’ve  become more vertically integrated and have lots of cash.

Film financing structures are expensive, inefficient and restrictive.  It enhances the power imbalance between distributors and indie films.

There’s a lack of funding access for indie films. Budget standards exist in silos. There is poor market data for international sales.  Even for key decision makers,  there is a lack of information regarding support for what types of film the fans actually wish to watch and engage with?   Post production is a lengthy process, often occurring without fan participation or even fan awareness. 

Film3 solves the power imbalance. 

Bottom-up design 

Film3 is being developed in full view of everyone, encouraging maximum participation and experimentation.  

New ways of financing are igniting new trends for indie filmmaking.   Too many great potential films don’t get made, due to the studios powers making it difficult for the little guys, including indie filmmakers and movie fans, to have their voices heard.  

That all changes with Film3.

With Film3, movies are made with the fans.  

For filmmakers that were struggling to get financing or to launch their story into the market, Film3 fills a gap.

The whole premise of Film3 is to enable filmmakers to get their stories turned into cinematic releases.  Film3 pioneers offer movie fans a piece of the action on movies they want to support. Through Film3, the fanbase is part of the film production.  They become a force in the decision making process.  

A film’s net proceeds can be distributed back to the fanbase community, via a blockchain smart contract.   The modern movie fan is part of a collective that lets their voice be heard, both online and off. They mobilize and fight for what they are passionate about, to the point that real changes get made to Hollywood projects. 

Film3 is built by innovative groups and partners upon the notion of decentralization, transparency, and greater user utility for fans, collectors and filmmakers.

Arabian Camels is the first NFT community to create a $50M DeFi Hollywood movie which is owned together with everyone via NFTs.

First dropped in 2021, the Arabian Camels collection helped lay the foundation for IP from the upcoming feature film Antara.   NFT holders can get acting parts in the film, access to the film’s premiere, and part-ownership of the movie, enabling them to partake in box office and streaming revenues. The community is also eligible to earn a yield on their NFTs during production. 

The vision behind Arabian Camels is to create a whole new platform and ecosystem where creators, producers, digital artists, and communities can collaborate to create something special for movie lovers. 

The Film3 landscape currently consists of subcategories

Decentralized Production Companies

Crowdfunding

Virtual Cinemas 

Film/Series using NFTs

Film related platforms 

Film related DAOs

NEARVERSE fits in the Virtual Cinemas subcategory.  They partner with Film3 communities to scale metaverse development in virtual cinemas and user engagement. NEARVERSE  is a metaverse focused on empowering artists, and provides the ability for every player to earn through exploration, by giving options to create epic lands and interactions thus enabling users to embark on a new journey within a thriving metacommunity. 

Mogul Productions is a leader in all Film3 subcategories. 

Filmmakers use Mogul as a platform to launch their movie campaigns.  Mogul and its partners establish product lines to connect movie-makers with fans to decentralize the filmmaking process and provide better fan engagement opportunities.  

Mogul partners with artists, filmmakers, actors, and other entertainers to provide an end-to-end solution for minting and launching their own NFT collections through their marketplace. They are an immersive and inclusive platform transforming how movies and other forms of art and entertainment get funded by allowing members of its expansive community to participate in the production process like never before.  

Projects are greenlit through a combination of voter staking, NFT film memorabilia sales, private funding, and film funds. 

From script to screen, Film3 has 3 pillars.  

  1. Decentralized Film Financing platform (DeFiFi)
  2. NFT marketplace
  3. Metaverse

DeFiFi Platform 

Indie filmmakers are able to get their movies financed by incentivizing from their fans.   Crypto-based decentralized platforms allow fans to participate in the box office revenues, conduct voting and governance on key film decision aspects, plus reward users through voter staking and other incentives.  It brings a whole new level of movie promotions along with the financing. 

NFT Marketplace 

Utility based NFTs are designed to create incentive structures by bringing fans closer to the action via different forms of experiential utility and behind-the-scenes access. Independent filmmakers can  monetize NFTs during the pre-production and production phases of filmmaking as a means of funding their work.

A few examples of utility-based NFTs could be getting producer credits on a film or getting access to behind-the-scenes content. It could be meeting a lead actor for facetime, or one-of-a-kind film memorabilia or invitations to exclusive events like red carpet premieres.

Experience Hollywood in the Metaverse

Social trends are changing.  During the Film 2.0 era,  going out to the movies was a large social pastime.  It still is.  Yet, with streaming services and now home movie watching, the pastime  has lost a lot of what it once had.  The Metaverse has the ability to bring that back

Mogieland is Hollywood in the metaverse.  It is a Film3 digital reality that combines aspects of social media, augmented reality (AR), virtual reality (VR) and cryptocurrencies to allow fans and other users to interact virtually.  Visual elements are overlaid with sounds, CG, and other inputs to enhance the user experience and enhance fictional realities.

Users from around the world can host and attend digital movie premieres.  

They can…

  • Go to movie premieres and red carpet events
  • Mingle with film and entertainment creators plus get behind-the-scenes looks 
  • Attend meet and greets with the stars
  • Attend first screening viewings of films
  • Watch movies with tickets paid for in tokens 
  • Enjoy hangout areas with other cinema lovers in VR environments to discuss all things entertainment
  • Attend concerts
  • Attend fashion shows
  • Buy NFT’s from virtual stores
  • Own, build, rent and use land for Film3 commerce.
  • Own iconic pieces of Hollywood transformed in Mogieland
  • Show off your virtual style by wearing your own NFT fashions
  • Play to earn in Studio City

Introducing the Film3 lifecycle. 

Through decentralized applications

  • Filmmakers can launch their Intellectual Property (IP) to a dedicated audience via DeFi and NFTs.
  • Financing and payment distribution is handled through smart contracts, providing access to global non-dilutive capital.
  • Incentivized engagement is used to build a fanbase, and de-risk distribution. Exclusive film content is issued to fans through NFT smart contracts.  
  • Smarter data using built-in fanbases drive decisions across entire slates.

To summarize, Film3 is the next generation of media, disrupting legacy models by utilizing blockchain technology and the power of digital communities. By eliminating the many layers of middlemen between artist and audience, revenue can be distributed across a flat organizational structure. 

Film3 gives independent filmmakers unprecedented access to financing; offers them greater creative control over their projects; allows them to leverage their audience and industry connections in new, revolutionary ways; and creates a more equitable financial model that benefits creators before creditors.  

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Mogul Press

What’s moving and shaking in Film3 heading into Summer 2022?

The Summer projects and partnerships in Film3 spaces are heating up.  

Mogies! just announced the first ever fully legit NFT Animated Series in partnership with the animators that brought The Simpsons series, The Simpsons Movie and VR attractions at Universal Studios Japan. 

Deadline broke the story in an exclusive that focusses on Erick Tran and his animation team at Chavvo plus Mogieland, the new Hollywood metaverse.

The Simpsons’ Animator Erick Tran Working Up NFT-Financed Hollywood Toon Series ‘The Mogies’ With Digital Marketplace And Financier Mogul Productions.

Trace Network Labs enables the creation of lifestyle products for any multichain metaverse. Their innovative technology has the ability for users to create real lookalike “BUDDY” avatars for individuals that are represented in the form of a NFT.  In addition to the “BUDDY” avatars, there is also the option to elevate your character’s style via digital wearables such as jackets and accessories.

Mogul Productions partnered with Trace Network Labs to drive engagement within the entertainment industry and drive quality experiences within their Mogieland Metaversecofr Hollywood.

The Mogul community will soon be able to mint their own NFT and bring that avatar into a variety of virtual experiences such as film premieres and events in Mogul’s Metaverse cinemas. There will also be the opportunity for users to obtain Mogul branded wearables that will unlock certain utility aspects and special “Behind The Scenes” experiences.

Actor/filmmaker, David Bianchi has over 100 professional credits and can be seen in studio films and major network TV. His work in front of the camera has earned him membership into the very prestigious Academy of Television Arts and Sciences.

Mogul Productions Partners with Globally Acclaimed Actor, Filmmaker & Poet David Bianchi on his latest collections.  “SENSES”, is centered around 100 philosophical poems (written by David) on the human experience inspired by the five human senses. 

First dropped in 2021, the Arabian Camels collection helped lay the foundation for IP from the upcoming feature film Antara.  

NFT holders can get acting parts in the film, access to the film’s premiere, and part-ownership of the movie. The community is also eligible to earn a yield on their NFTs during production. 

The vision behind Arabian Camels is to create a whole new platform and ecosystem where creators, producers, digital artists, and communities can collaborate to create something special for movie lovers. 

Arabian Camels NFT Partnered With  Mogul Production to help launch the $50M Feature Film.

NEARVERSE.org is focused on empowering artists, and provides the ability for every player to earn through exploration, by giving options to create epic lands and interactions thus enabling users to embark on a new journey within a thriving metacommunity. It is built on Eco friendly NEAR Protocol, and is empowered by human guild, the video game development arm of near foundation.

NEARVERSE partnered with Mogul Productions to Launch Virtual Hollywood Experience

There will be events such as film premieres, shows, meet ups and users will be able to play to interact with the wider NEARVERSE ecosystem. Partnering with NEARVERSE allows both communities together to scale Metaverse development and user engagement.

MoonPay is the leading global crypto payments infrastructure provider. The company was created with the mission of onboarding the world to Web3 by creating tools that make it easy to buy cryptocurrencies and NFTs. 

MoonPay’s partnered with Mogul Productions to offer a simplified credit card payment interface and process that film fans can use to buy NFTs. 

Mogul partnered with Bubble Maps, a crypto data company. To help the DeFi ecosystem become a safer place for token holders. 

By listing STARS on Bubble Maps, Mogul is becoming more transparent and helping users access deeper information on the health and security of the ecosystem.

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.

More Film3 announcements and updates are coming soon. Stay tuned.

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The Mogul Impact From Script to Screen

Welcome to the future of filmmaking.  

With a series of major announcements soon to be revealed, the road to blockchain driven filmmaking in combination with fanbase participation will go through Mogul Productions, and its upcoming metaverse Mogieland.  From script to screen, Mogul is thrilled to be a leader in the film and entertainment industry within Film3, the Hollywood version of Web3. 

Rapid development of the Mogul NFT and DeFi platform in just one year has put our seal on the new direction of film and entertainment creation.  So far, there is no blockchain platform or project on the planet that is addressing the movie industry the way Mogul is.    

A gigantic amount of planning and functionality was required to build a crypto platform of this size from the groun d up.  This includes coding, development features for users, STARS token development, onboarding, writing and graphics, security development, payment features, metaverse features and successful DeFi movie production and NFT campaigns.  On top of all of this is all our technology partnerships with the best resources in the world as seen on Nasdaq, Forbes, and Cointelegraph.

Several Mogul partnered films have already gone through the production process.  They are hitting the big screen and international film festivals.  New films are being onboarded.  By the same time next year, the library of films and entertainment products from script to screen will showcase the rapid changes taking place in the industry and Mogul Production’s leadership in this transition.

Experience the Power of the Crowd

Mogul offers movie fans a piece of the action on the films they support.  

There are too many great films out there not getting made, due to the studios holding all of the power and making it nearly impossible for the little guys, including indie filmmakers and movie fans, to have their voices heard.  New ways of financing are igniting new trends for indie filmmaking. 

Movie fans are becoming a powerful force in the decision making process. The modern movie fan is part of a collective that lets their voice be heard, both online and off. They mobilize and fight for what they are passionate about, to the point that real changes actually get made to Hollywood projects. 

Bringing power back to the crowd.

Until Mogul, the mass of enthusiastic movie fans who sought greater involvement in movie production, were an under-served community. This was due to the lack of a platform that would allow the fans to be part of the process to contribute, collaborate, and vote on films and feel a sense of ownership over the content.

The greatest force in the world is compound interest.

– Albert Einstein

With Mogul, films are made through voter staking, NFT film memorabilia funding, private funding, and a Mogul film fund, the  fanbase community now has a collaborative voice and a part of the whole film making process.   

Up to 50% of the film’s net proceeds can possibly be distributed back to the voting community, via a blockchain smart contract. If you don’t vote, you don’t get rewards.  By voting you are participating in the project and staking tokens. The last winning film from Mogul’s showcase, Terminal Station, had over 30,000 votes.  

Terminal Station – movie
Bonded – Movie
Reboot Camp – Movie

The trend is your friend.  

Digital movie merchandise will be used to promote upcoming releases.  Mogul is the platform for independent filmmakers to monetize NFTs as a means of funding their work.

Fans are also part of the process for buying the NFTs especially during the pre-production and production phases of filmmaking.  Mogul Productions has previously highlighted this market gap.   Utility based NFTs are designed to bring the fans closer to the action via different forms of experiential utility and behind-the-scenes access. A couple of examples of those could be attending red carpet premieres.  It could be getting producer credits on a film.  It could be getting access to behind-the-scenes content from the production or it could be meeting a lead actor for face time, or one-of-a-kind film posters, and invitations to exclusive events.

The power of how Mogul gets cool stories to the big screen.

This is how voting works. People will vote with their STARS utility token.  That gets kept in a smart contract.  When the fans help vote for a film, they get access to certain perks.  

Sneak peek at Mogieland, Hollywood’s metaverse in its fully-fledged form.

Mogieland is being produced in partnership with the animators that brought The Simpsons series, The Simpsons Movie and VR attractions at Universal Studios Japan.  Along with Mogieland will come the first ever NFT animated series. The Mogies animated series is a celebration of the 100th anniversary of the Hollywood sign being erected.  Mogul Productions is bringing the fun to the 1923 milestone.

The metaverse will likely leverage Film 3 technology to support real-time CGI rendered simulations of real life on a mass scale. Just like Hollywood, Mogieland will be a shared virtual space where people from around the world will be able to gather, interact, and play, all in real time.

Mogieland is open to all. Mogieland visitors will be able to visit the walkaround environment and partake in the festivities. Hollywood is one of the most highly trafficked tourist destinations in the world.  Soon Mogieland will be too. All powered by STARS tokens.

Big reveals from Mogul Productions are coming this year. It’s going to be a fun ride. 

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The Story of Sonic

Sonic the hedgehog! We all wish we were half as radical as this guy! 

After its release in 1991, the SEGA Genesis game quickly grew into a cultural phenomenon spanning multiple generations.  However, the last ten years have been quite rough for the makers of the game. After ‘Sonic Generations’ was released in 2007 it seemed like the Sonic team didn’t know what it wanted the series to be anymore.  Many argue that the best game to come out during this period was ‘Sonic Mania’, which wasn’t even made by the Sonic team.  SEGA enlisted the help of fans to construct it. If it weren’t so sad, that would be amusing. Fans yearned for something fresh, anything that could turn the franchise’s fortunes around. 

So, what would that turn out to be? Certainly not a game made by the Sonic team of course. It was time for a movie/CGI adaptation of the legendary game! 

It’s no stretch to say that this movie has one of the most fascinating production stories out there. A story of how it almost got thrown into the pile of bad Sonic 2010’s content, but more importantly, how it turned itself into one of the franchise’s biggest successes. 

Sony Pictures secured the rights to make a live-action/CGI Sonic the Hedgehog feature film in 2013. Unfortunately, Sony was unable to develop the film, so in 2017, Paramount purchased the rights and things began to move forward. 

The fans however were concerned about how a live-action / CGI Sonic was going to look. Sonic the Hedgehog’s first trailer was shown on April 30th, 2019. The trailer, however, caught fire online for all the wrong reasons and it was clear that fans were not happy with the questionable CGI and overall look of the character. 

From the iconic white gloves to facial expressions, in an attempt to make Sonic more “real” the team forgot to make him likeable. 

The design was received with a barrage of criticism from supporters. It was a complete flop, and fans vented their frustrations on social media with nasty comments and memes. 

Reaction channels picked up the noise, Twitter was on fire and it was looking like the beginning of the end… 

And there was a possibility that the story would stop there. The film may have been released in November 2019, however, it would have received mixed reviews because it was a good tale that was ultimately pulled down by an unattractive lead character. 

Sonic fans would undoubtedly have a good time with it, but it would ultimately be a missed opportunity. With a budget of $90 million, it may have made some money at the box office, but not quite enough to be considered a thrilling success. 

Certainly not enough to warrant a sequel or even a continuation of the series. It would be released, people would comment on how unattractive Sonic was, and then it would fall into obscurity. 

Good thing none of that happened! 

Director Jeff Fowler made an announcement on Twitter three days after the video was aired, thanking fans for their comments and promising that the team was committed to resolving it by going back to the drawing board and altering Sonic’s look based on public feedback! 

The result was a completely redesigned Sonic that went on to become the highest-grossing video game adaptation movie, making a whopping USD 319 million in the US alone. 

Few films have ever existed solely on their own merits in movie history. A group of fans or a community will always champion a film and argue for its place in the zeitgeist. The success of a film is as much dependent on the audience as it is on the filmmakers. 

The story of the Sonic movie is a shining example of community power and voice – something that’s central to us at Mogul Productions. By incorporating blockchain and quadratic voting, we are making sure we create a platform where every fan’s voice is heard.

 Learn all about our quadratic voting process here: Mogul Pioneers Blockchain Voting with Quadratic Voting for Hollywood Movies

At Mogul we fund movies from script to screen and thanks to our voting system – the community is involved every step of the way. 

Mogul Productions is revolutionizing film financing through decentralized finance (DeFi), allowing a global audience of film fans to directly participate in the movies and entertainment industry. 

It’s a platform for film fans, by film fans, empowering users to take an active role in the script-to-screen processes of their favourite movies. 

Well… that’s all for now. 

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Let’s Make A Film Together!  VOTING IS BACK

The Mogul development team is assembling the newest features for Mogul’s NFT Marketplace and ecosystem. Ten major features have been or are about to be onboarded. A new feature will be reviewed each week over the course of ten weeks.  

Mogul Development Update #10 

For this exciting update, Jake Fraser, Head of Business Development joined us to discuss.

“The whole premise of Mogul is to enable filmmakers to get their stories turned into a cinematic release.  For filmmakers that were struggling to get financing or launch their story into the market, we see a gap here.”

One of Jake’s favorite references is the Deadpool story.  Deadpool had rested in development purgatory for years. Animated test footage for a Deadpool movie leaked online and was met with critical acclaim, resulting in 20th Century Fox finally giving the greenlight to the project.

It got made into a film because it was the power of the crowd demanding that it should be made into a movie. 

“That’s the premise of Mogul. Bringing power back to the crowd”

To dive into the voting more specifically; how the process works when we had done voting in the past is we had a submission process called Showcase. With the Showcase portal on Mogul, people submitted their stories and screenplays. 

Once they were submitted, our team of award winning producers in Hollywood and the entertainment industry reviewed them. Mogul would then come to a shortlist of three films based on the producer’s recommendations and expertise.  

We’d present those three films to the community. Then the community votes on what film they want to see turned into a cinematic release. 

Once greenlit, the production team then commences with the production or pre production process from where they are. It’s a hybrid financial model.  There are voters staking STARS, combined with NFT funding, private funding and Mogul’s Film Fund.

We have had some great success in the past, an example of this was the first film we helped fund, Bonded.  

It was the first film that Mogul helped finance from the script to screen process.  It’s super exciting that the premiere was this year. And now it’s about to commence its tour on the film festival circuit.

Inspired by a true story, BONDED 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.

It highlights the power of Mogul and how we can get cool stories to the big screen.

The voting community is really a collaborative way for film lovers to have a voice and be a part of the whole process.  Not only are they part of the process from a voting standpoint and get a say in what gets to be turned into a film.  But they can also be part of the process for buying the NFTs that we offer the community that are attached to the film.

Utility based NFTs are designed to bring the fans closer to the action via different forms of experiential utility and behind-the-scenes access. A couple of examples of those could be attending red carpet premieres, It could be getting producer credits on a film, It could be getting access to behind-the-scenes content from the production or It could be meeting a lead actor for face time. 

This is how voting works moving forward. People will vote with their  STARS utility token.  That gets kept in a smart contract.  When the fans help vote for a film, they get access to certain perks.  

Voters are able to get rewards from the film’s net proceeds.  For example, up to 50% of the film’s net proceeds can possibly be distributed back to the voting community, via a smart contract. If you don’t vote, you don’t get rewards.  By voting you are participating in the project and staking tokens. The last winning film from showcase, Terminal Station, had over 30,000 votes.  

This collaborative process is always what resonates with people I talk to.  

Jake speaks to a lot of external people be it partners, users, people in film. They all love the idea of crowdfunding and community empowerment in the film industry.  That’s why he feels we need to lean into this more. 

“There are a million NFT marketing places, but no one else is doing this with film.”

How that fits into the overall strategy is we are trying to help creators and fans have more power in the script to screen process. 

We have built a voting system called quadratic voting.  It’s a product we built that prevents double voting, fraudulent activity and people trying to game the process.

A quadratic voting system is an alternative to a plurality voting system. 

A plurality voting system is one that we are all familiar with. Every voter gets one vote, all votes are equally weighted, and the candidate that ends up with the most votes wins. That’s it!

Quadratic voting uses an equation to weigh votes differently. 

With this system, STARS token holders are assigned a certain number of votes per token they own. For every token that a holder has, they get fewer voting credits, so large token holders with millions of coins are unable to skew the vote. 

This promotes active participation in voting from all of the STARS token holders, regardless of their size, because each holder has a voice in the process. Small holders have a proportionally large voice; which in turn allows Mogul to gauge the sentiment across our entire community, and not just a few large holders!

Why Quadratic Voting Keeps Things Fair

The number of voting credits you get at Mogul depends on how many STARS tokens you own. This is one reason for the implementation of a quadratic voting system. Mogul doesn’t have a “one person, one vote” system. STARS tokens can be earned through on-platform activities, contests, or purchased, so the number of tokens an individual person owns varies a lot!

An early adopter or large purchaser of STARS tokens has many more tokens to vote with than somebody who owns just a few tokens, but quadratic voting makes it less likely for a user with more tokens to skew the voting, because purchasing enough voting credits to do so would be VERY VERY expensive.

There is also a secondary (and equally important) benefit to the quadratic voting system. It prevents voters from buying votes or registering fake Mogul accounts to try and skew the voting of a particular showcase round to unfairly pump up the odds of certain movies going into production.

We are trying to help really good creators and fans have more power in the script to screen process for the film and entertainment industry.  

We had to build a proprietary quadratic voting system.   It positions us as innovators in the crypto entertainment space.  With the technology, it prevents double voting and fraudulent activity. It prevents bad actors, pardon the pun. 

It’s a hybrid financial model with voter staking, NFT film memorabilia funding, private funding and a Mogul film fund.   It’s a big push to greenlight a project and move this into the community.  Once a film is greenlit and depending on what stage the film is in, the production team will commence with the pre-production and production process. 

Getting the buy-in from the people that are actually going to watch the film it sets up a better chance of succeeding, because we already have the market’s approval with what they want to watch.  

We are pooling together different stakeholders to make this as successful as possible.  We are getting the fans involved, financiers involved, and an amazing production team involved.  The role Mogul plays is that it acts as the bridge between the traditional entertainment industry and the new innovative way of film financing and blockchain.  We’ve nailed that innovation and  technology on our platform and are excited to help scale this to the masses.. 

For more information on the voting process: Gitbook

For more information on Quadratic Voting: What Is Quadratic Voting?

For other developmental articles:

The Future of Unlockable Content in Your NFTs

Performance Upgrades in Mogul’s Marketplace V3

ERC721 The Super Soldier of NFTs

Automated NFT Minting Comes to Mogul

Marketplace and Email Notifications, Enhancing Fan Exposure

Guide to Acquiring NFTs on Mogul Marketplace

Navigating The Mogul NFT Interface

Mogul UX and UI Optimization

Utilizing Your Mogul User Account

Mogul is where movies meet blockchain. Mogul partners with some of the biggest names in entertainment, helping artists of all sorts connect with their most loyal fans on different levels, while giving them innovative ways to engage with their favorite performers.  

Navigating New Frontiers

Mogul Productions is capable of leveraging these advanced technological innovations to give artists and buyers alike a more robust user experience.

Toward The Future

The Mogul NFT Marketplace is the marketplace where film & entertainment meet blockchain.  The development and marketing team keeps up and is often ahead of technological advancements within the blockchain community.  

Mogul’s community-oriented system is specifically built for the entertainment industry,  making its partnerships with moviemakers, music makers, content creators, and intellectual property owners winners .

Stay tuned next week when we discuss another of the newest features to the Mogul marketplace.

Are you ready to unlock the potential of NFTs in film entertainment?  

Need a robust platform to build your fanbase and raise capital?

Claim the Ultimate NFT Guide for Producers

Categories
Blog Posts

The Hollywood Black List Needs Blockchain

The love of film is universal. Yet behind Hollywood curtains, the movie industry is generally  exclusive to industry insiders. The movie selection process itself is ultimately being managed by a small group of experts at the major studios. This leads to promising scripts being overlooked. That gap in greenlighting overlooked projects was identified by Hollywood insiders themselves.  It was a driver behind the creation of the Black List, an annual crowd-sourced list ranking unproduced screenplays that non-studio industry experts felt had been overlooked.

Today, Black List films have become some of Hollywood’s most successful movies.  As of 2019, 4 of the last 10 Academy Awards for Best Picture went to scripts featured on previous Black Lists, as well as 12 of the last 20 screenwriting Oscars (Original and Adapted Screenplays). Since its inception, more than 400 Black List scripts have been produced, grossing over $26 billion in box office worldwide. Black List movies have won 53 Academy Awards from 262 nominations. Most recent successful Black List films include: The Wolf of Wall Street, The Social Network, Bird Box, American Hustle, Argo, and The Imitation Game.

With lack of transparency, clunky processes, misaligned incentives, and the success of Black List movies, the entertainment industry is primed for disruption, especially for the independent model. 

Bringing power back to the crowd.  That’s the premise of Mogul.

The DeFi and NFT boom has led to a sizable shift in the creator economy.  Mogul unlocks opportunities for screenwriters, producers, directors and performers to reach out to audiences and get their projects funded.

“The whole premise of Mogul is to enable filmmakers to get their stories turned into a cinematic release.  For filmmakers that were struggling to get financing or launch their story into the market, we see a gap here.”

–  Jake Fraser, Head of Business Development 

The voting community is really a collaborative way for film lovers to have a voice and be a part of the whole production process.  Not only are they part of the process from a voting standpoint and get a say in what projects will be turned into films, but they can also be part of the process for buying the NFTs on Mogul’s marketplace which are attached to the film.

Utility based NFTs are designed to bring the fans closer to the action via different forms of experiential utility and behind-the-scenes access. A couple of examples could be attending red carpet premieres, getting producer credits on a film, getting access to behind-the-scenes content from the production or it could be meeting a lead actor for face time. 

People vote with their STARS utility tokens which have a currency value.  When fans help vote for a film, they get access to certain perks.  Voters are able to receive rewards from the film’s net proceeds.  For example, up to 50% of the film’s net proceeds can possibly be distributed back to the voting community, via a smart contract. If you don’t vote, you don’t get rewards.  By voting you are participating in the project and staking tokens. The last winning film, Terminal Station, had over 30,000 votes.  

Investors will  be able to participate in a diverse, growing slate of movies with Mogul. We are committed to transparent budgeting and aligning all stakeholder incentives to bottom-line profitability. Mogul also allows investors, as well as creatives, to get better deals working on Mogul films compared to competitors. Investors receive a direct stake in the success of Mogul films, and the chance to earn experiential perks. Our model gives investors better terms and all parties involved are on the same recoupment plan.  

Furthermore it loosens the barriers to getting outside financing.  Producers can show outside financiers that they already have their own fan base and financial support to make the project a success. This generates loyalty, a sense of ownership, and incentive alignment with the success of Mogul films.

Mogul is a community of communities focused on revolutionizing and advancing the movie industry. We are committed to engaging the global community to achieve our mission. Together, we are Mogul. 

How Are Movie Projects Selected?

Films that typically receive financing are those with good packaging and have all the different elements required to create a desirable and commercial.  This includes a script that tantalizes in the first ten pages and delivers right through to the final page, and attracts a successful director and star talent that is “bankable”.

This package plays a large part in increasing investor and buyer confidence but is now just one part of a larger matrix of packaging elements that sum to a film’s marketability. 

The Black List as well as movies like Deadpool and Veronica Mars have harnessed the power of the crowd within a data-driven platform.   Access to timely, evolving insights to inform decisions will mitigate risk for investors in the film financing stage.   Up-to-date data on audience preferences guides movie production decisions on the path to profitability. 

Let’s make a film together!

Fun Trivia: The term Hollywood blacklist was the colloquial term for an entertainment industry blacklist put in effect in the mid-20th century during the Cold War. The blacklist involved the practice of denying employment to entertainment industry professionals believed to be communist sympathizers. Actors, screenwriters, directors, musicians, and other American entertainment professionals were barred from work by the studios on the basis of their alleged membership in, or sympathy with the Communist Party USA, or on the basis of their refusal to assist Congressional investigations into the party’s activities. It quickly and directly damaged or ended the careers and income of scores of individuals working in the film industry.

Movies like Trumbo showcased Hollywood’s history like Dalton Trumbo, who In 1947 was Hollywood’s top screenwriter, until he and other artists were jailed and blacklisted for their political beliefs.

Mogul is where movies meet blockchain. Mogul partners with some of the biggest names in entertainment, helping artists of all sorts connect with their most loyal fans on different levels, while giving them innovative ways to engage with their favorite performers.  

Navigating New Frontiers

Mogul Productions is capable of leveraging these advanced technological innovations to give artists and buyers alike a more robust user experience.

Toward The Future

The Mogul NFT Marketplace is the marketplace where film & entertainment meet blockchain.  The development and marketing team keeps up and is often ahead of technological advancements within the blockchain community.  

Mogul’s community-oriented system is specifically built for the entertainment industry,  making its partnerships with moviemakers, music makers, content creators, and intellectual property owners winners .

Stay tuned next week when we discuss another of the newest features to the Mogul marketplace.

Are you ready to unlock the potential of NFTs in film entertainment?  

Need a robust platform to build your fanbase and raise capital?

Claim the Ultimate NFT Guide for Producers

Categories
Mogul Press NFT Drops

Mogul Partners With Arabian Camels NFT To Help Launch Upcoming $50M Feature Film “Antara”

Mogul Productions is excited to partner with Arabian Camels NFT, the $50M NFT collection behind the upcoming featured film “Antara”.

Antara is a 6th Century swords and sandals epic that is to be directed by Tarsem Singh. It tells the true story of Antara Ibn Shaddad, a black slave who won his freedom and became a knight, and one of the most famous poets in ancient Arabia. Antara became an icon of Arabic literature and a monument for the warrior code of ancient Arabia. 

The Arabian Camels NFT Collection

First dropped in 2021, the Arabian Camels collection helped lay the foundation for IP from the upcoming feature film Antara.  

NFT holders can get acting parts in the film, access to the film’s premiere, and part-ownership of the movie. The community is also eligible to earn a yield on their NFTs during production. 

The vision behind Arabian Camels is to create a whole new platform and ecosystem where creators, producers, digital artists, and communities can collaborate to create something special for movie lovers. 

“We have received fantastic support from the film and crypto community in helping bring the epic story of “Antara” to life via our Arabian Camels NFT. We are delighted to be aligning with an innovative platform like Mogul which is helping lead the charge to bridge the film industry and the crypto industry,” Alexander Amartei, Arabian Camels Producer, said.

At the 75th Cannes Film Festival anniversary, the subject of NFTs is taking the main stage. The Arabian Camels are making noise in Cannes and Monte Carlo this year, as they present their NFT collection for the upcoming Antara movie.  Their model is leading the way toward the future of Hollywood, with their convergence of NFTs, DeFi, Web 3 community and movies.

Mogul has reserved an exclusive allotment of the Arabian Camels collection on their NFT marketplace, to help drive funding for the “Antara” movie.

This strategic partnership is designed to shine a spotlight on the fantastic work the Arabian Camels team has done, and use Mogul Productions’ platform to elevate funding and film awareness. 

“A huge part of what we strive to do at Mogul is to leverage the power of the crowd to bring incredible stories to life. The story of Antara is fascinating and there has already been so much success and interest around it via the Arabian Camels NFT. We are thrilled to offer our community the chance to get involved in the action and assist in bringing the film to life,” Jake Fraser, Mogul Productions’ Head of Business Development, said. 

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. 

Categories
Mogul Press

Mogul HQ Built In the Earncraft Metaverse

A Mogul HQ has been built in Earncraft where users can visit to check Mogul out. There are different use cases inside Mogul HQ for community members to enjoy, interact and prosper together.   

Featured inside Mogul HQ is the virtual cinema, including a Mogul theatre with a functional space that showcases all of our NFTs and drops and STARS token information.  It’s a space where in the future Mogul can do special events. Community members can watch film premieres, trailers and new releases.

Mogul HQ inside Earncraft metaverse

Community members can view Mogul’s NFTs inside its rooms.  New NFT drops will be available inside the metaverse. Both current fans and visitors can bounce into the Mogul marketplace to acquire digital assets from the world of film, music, art and entertainment.

The Mogul HQ lounge gives community members opportunities to meet and converse.

Mogul HQ lounge inside Earncraft metaverse

Mogul Productions has partnered with Earncraft and their decentralized metaverse to bring a collaborative user experience.  It’s the first play-to-earn game on the Binance smartchain that integrates in-game blockchain transactions. 

The game is live and can be downloaded for free. 

The game is based in a free market economy.  Users can sell and buy resources, rent land, participate in daily competitions, promote images on land about other projects such as Mogul, play in the casino, plant crops, and more.  PLOT NFTs are the native piece of digital real-estate inside the metaverse. Holding PLOT, gives users access to build digital experiences, games, stores, social hubs and more. Digital land inside the Earncraft metaverse can be rented to other people to earn passive income. 

Mogul HQ Inside the Earncraft Metaverse

Each area within Mogul HQ showcases different use-case situations to take part in.  New games will be available for members to join in or challenge each other. 

Mogul seeks out partnerships to expand the Mogul Marketplace experience for its growing community and to introduce its film and entertainment NFT platform to other communities. 

Preview: ‍https://youtu.be/ZUX-tEQg9Cc

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