Description

The first thing we did to expand was to partner with projects that align with our philosophy. Hence, we moved into SciArtLab where we have scaled into a cineplex with 6 floors including 3 floors with movie screens. SciArtLab has been a major support in marketing our vision to fellow DCL players. Check out the district http://district.sciartlab.com/ We are also building partnerships with rights owners from the entertainment industry. Some of the people that we have acquired from are 1. Wave Films - http://wave-films.com/ 2. IndieRights -https://www.indierights.com/ 3. NewGen Entertainment - https://www.newgenentertainment.it/ 4. Josh Stifter - https://twitter.com/joshstifter 5. Bitjoin Studios -https://twitter.com/bitjoin New partners in the pipeline 1. GlobalFlix - https://www.globalflix.tv/globalflix-studios 2. TVCO - https://www.tvco.eu/ 3. Minerva Pictures - https://www.minervapicturesinternational.com/ 4. Underground Film Festival - https://twitter.com/Underground_FF As mentioned before we acquire rights to screen the film. This effort is making two important changes 1. We're establishing a sanitized process to become the default movie theater in DCL 2. We're establishing a new rights category never used before called "Meta Rights" where we pick the rights to screen content for a limited number of runs during a period by paying an acquisition fee. This will become a standard going forward in the industry. The process to pick titles: Since, we handpick content we have a lengthy conversation with the rights owner where we explain metaverse, Decentraland, and what a movie theater looks like in DCL. We invite them for a private screening to experience it. We educate them about the future of metaverse, VR, and crypto. We also push to use the "Meta Rights" that don't conflict with existing rights. We too learn about the industry's biases and prejudices making us to better navigate the conversation. The process to screen: We have a manual process to screen the movie at a particular time and we focus our effort during the UTC evenings when the activity is the highest. Our shows usually start at 6 PM UTC. We manually screen the films that are delivered to the screen, we also are working on a DRM tech to prevent screen capture during the show to prevent bootlegging. The process to market: We are hyperfocused on DCL as our prime platform. We spend time in DCL discord promoting the events that we create on the event page. We also have a growing community in SciArtLab where we have a Filmrare channel and do Twitter Spaces at least once a month. We are building https://filmrare.com and starting work on SEO. The process to monetize: We aim to be self-sustainable in 6 months. Our monetization is split into these 3 categories 1. Wearable Access: We have Theater 1 specifically allowing access through buying a wearable that gives you lifetime access. Our first wearable is already live https://market.decentraland.org/contracts/0x2371015f90f14b64f79e280577a7152a4797ff14/items/0 2. Blue-chip NFT project access - We are planning to market to blue-chip NFT projects and sell early access wearables to members to leverage the community. 3. Space rental - We're talking to potential entertainment/creative companies/Projects that are looking to have a metaverse presence and allow them to rent space in Filmrare. We have growing foot traffic of about 1000-1500 players per week already.