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The Intersection of NFTs and Hollywood

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infinite machine

You wrote Infinite Machines, the best-selling novel on Ethereum. It will now be adapted into a Hollywood feature film; how does it feel?

Hmm, it feels surreal. First of all, writing a book that has received so much feedback and has been well-received by the community is the most fulfilling thing ever. Before publishing my book, this was what kept me awake at night.

In writing my book, I am writing it in a certain way in the hope that it will come to life. And add color and crafting, make sure the description is there so people can imagine what’s going on.

As I was writing, it occurred to me that it would be great if this book (the book) actually appeared in the movie. I never really thought it would happen, but now it’s happening, it’s hard to believe. I feel grateful, happy, and lucky that this has happened.

When did you first decide to write a book and what exactly were you thinking when you started writing this novel?

I decided to start writing this book in December 2017. I was at Bloomberg at the time. I worked there for eight years and was in charge of marketing. In 2017, I was researching cryptocurrencies and it has always been my dream to write a book. So I’ve been looking for what that story might be.

At the end of 2017, I decided there was a book material on crypto, and I asked myself, “What’s the biggest and most important story to tell?” It was clear to me that it was Ethereum. There are already books on Bitcoin and I feel like there is a lot of information out there about the story behind Bitcoin.

However, the Ethereum story has no real content. Ethereum is the second largest cryptocurrency, but it is also the first smart contract platform. It also fueled the entire ICO craze of 2017, so to me, it has made history and changed the blockchain industry and even the tech industry.

So it’s a story worth recording – whether or not Ethereum will “win” in the long run. It is worthwhile to properly document the story of the Ethereum Foundation in a book. That’s why I decided to come up with the idea of ​​writing a book on the history of Ethereum.

In late 2017, I suggested this to an agent and wrote a book proposal. Then in April 2018, I finally signed a deal with a publisher.

NFTs pave the way for unique financing methods

I also read somewhere that the funding of the film was done in a unique way. Can you tell me a little bit?

I had the privilege of being the executive producer of Infinite Machines. So that gave me an impact on how films were funded. When we started these conversations, I thought it was important to include the Ethereum community in the funding process. This is the first film about the history of Ethereum, and it makes a lot of sense to use Ethereum technology and involve the Ethereum community.

So we created a collection of NFTs to raise money for the movie. Our goal is to raise as much budget as possible through NFTs. While we will have to supplement funding with traditional methods, at least a portion of the film will be funded by NFTs from the Ethereum community. This is very important to me.

This NFT collection is a collection of over 10,000 NFTs; this number is associated with EIP 1559. We hired 36 artists from emerging countries to design different versions of the Ethereum logo. We then make them into mosaics and combine those mosaics into more than 10,000 series.

How long will the bear market blues last?

Recently, NFT sales fell to yearly lows. What do you have to say about this? Looking at the current bear market, what does the future hold for the DeFi and NFT space?

I’ve been in the crypto space for a while, and obviously, the space has had its ups and downs. This is a very volatile market. But with so much promise, sometimes investors and traders get ahead of themselves, bringing in a lot of speculation and hype that overcomes the fundamentals of the space.

I think that has been the case for the past few years. It happened in 2017; it happened in 2013. However, beneath this underlying hype, there is still real innovation and a technological revolution centered on blockchain technology.

So I believe this space will continue to grow and evolve. Prices will do what they have to do. This is not just a crypto crash, but a macro crash; there are many types of macro headwinds.

Also, reality has caught up with the cryptocurrency space and dragged everything down, but projects with real fundamentals and substance will survive and continue to thrive post-bear markets.

Do you think the general audience’s perception of cryptocurrencies, blockchain and Web 3.0 may change in the long run as the internet machine becomes a Hollywood movie?

That’s certainly my hope for this movie; if I can do it, it’s like a dream come true. When I started writing Infinite Machines, it had mainstream readers in mind so that anyone could pick it up and enjoy it (the book), whether they had heard of Ethereum or not.

I think movies have the ability to reach emotional aspects that books can’t. Books sometimes appeal to the more rational side, and fewer people end up reading them, but movies have mainstream appeal.

Movies can move people in a way that books can’t because it’s a different medium. So I’m excited to see if the movie Infinite Machines can have that kind of impact on people. I hope it gets the message across; you know, it’s kind of revolutionary, it offers an alternative to the traditional way.

Many say that “crypto is dead” as soon as the market falls. What do you have to say to those people and that kind of FUD?

I would tell them that crypto is about much more than price. Fortunately, real use cases and applications are working and delivering value to real users and volumes. If you go to where the builders are, if you go to conferences, especially hackathons, you will find that the crypto market is more active than ever and continues to grow.

Even in a bear market, builders do continue to build; in fact, now is a better time to build because there’s no distraction from rising prices and all this hype. A lot of times, building more valuable applications in a bear market is because you’re forced to make something useful.

When money comes in, you can get rich by collecting 10K NFTs randomly; then, you’re not forced to build something innovative and interesting; in a bear market, things change. So, this is actually when cryptocurrencies get more interesting. History shows that in the bear market for the next few months, what is built now will drive the next bull market.



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