Grammy-Nominated Artist Cheri Moon Talks Working On The First-Ever NFT-Backed Film – AfroTech | NFTRADIUS

Upon selling out the collection, Pacino pledged to support female filmmakers. The decision follows after the daunting realities many face in the entertainment industry. In fact, only 12 percent of the top films released between 2020 and 2021 were led by female filmmakers, according to Deadline. In the NFT space, five percent of sales went toward women filmmakers, Bloomberg reports. Pacino’s project aims to set a new precedent by disrupting the current infrastructure and funneling new opportunities for females in the entertainment and art industries.

To accomplish this, a short film competition was announced after the collection sold out. Three filmmakers would be selected by NFT holders to win a grant to fund their future projects. Once complete, the projects will be minted and filmmakers will be able to keep 100 percent of the project’s proceeds and 50 percent of secondary sales from the Keepers of Inn Fund, according to the company’s website.

“I am very proud to be a part of a project that supports female artists and creators. It sends a message that times are changing and progressing. Women are taking on more roles and breaking boundaries,” she wrote. “We are starting to see more women in more prominent roles not only in front of the camera but also behind.”

Cheri Moon continued: “My hopes are in the near future my own daughters will never think twice about what they want to accomplish because they are female.”

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