This book explores the use of Blockchain and smart contract technologies
to develop new ways to finance independent films and digital media
worldwide. Using case studies of Alibaba and in-depth, on-set
observation of a Sino-US coproduction, as well as research collected
from urban China, Hong Kong, Europe, and the USA, Online Film
Production in China Using Blockchain and Smart Contracts explores new
digital platforms and what this means for the international production
of creative works.
This research assesses the change in media consciousness from young
urban audiences, their emergence as a potential participative and
creative community within dis-intermediated, decentralised and
distributed crowdfunding and crowdsourcing models. This research
proposes solutions on how these young emerging local creative talents
can be identified and nurtured early on, particularly those who now
produce creative and artistic audiovisual content whether these works
are related to film, Virtual Reality (VR), video game, graphic novels,
or music. Ultimately, a new media content finance and production
platform implementing blockchain is proposed to bring transparency in
the film sector and open doors to emerging artists in digital media.
Appropriate for both professionals and academics in the film industry as
well as computer science.