Amount Of ETH Collected For The Ethereum Movie Has Been Announced
The amount of ETH collected for the Ethereum movie has been announced. $2 million worth of ETH was obtained for the movie.
Preparations for the movie "Ethereum: Infinite Garden", which also includes Vitalik Buterin, one of its founding partners, have started. For the film, which is in the fundraising phase, the ETH pool has occurred above the expectation. The project did not collect 1035 ETH, surpassing the target of 750 ETH. Thus, 2 million dollars worth of
ETH was obtained for the movie.
The production of the documentary film about the development of
Ethereum is planned under the leadership of the production company Optimist. The crowdfunding activity was done on the decentralized platform Mirror. The platform, which has a tiered reward system, is similar to Kickstarter and Patreon. The more donations are made, the more rewards are earned when the project is realized. Ethereum: Infinite Garden documentary will feature Aya Miyaguchi, director of the Ethereum Foundation, alongside Vitalik Buterin. On the other hand, it is the first time that a movie is made in accordance with the DAO (decentralized autonomous organization) concept. This is a feature that sets Ethereum: Infinite Garden apart from other movies. The premiere of the movie is planned for the winter months of 2023.
Besides, there is a similarity in Aya Miyaguchi's definition of Ethereum with the name Infinite Garden, which means "Eternal Garden". Miyaguchi describes Ethereum as “an endless garden of earth, plants and insects”.
While 95 percent of the collected funds will be allocated for the budget of the film, 3 percent will be allocated to Gitcoin donations. With Gitcoin donations, it will be possible to develop open source Ethereum projects. The remaining 2 percent will be sent to Carbonfund.org as a donation to reduce carbon emissions.