Decentralized Pictures Launches Innovative Film Platform

Decentralized Pictures Set to Launch Innovative Streaming Service

In an era where traditional film distribution channels often hold significant power over creators, Decentralized Pictures is poised to disrupt the status quo with its upcoming streaming service, DCP. The platform's beta release is just around the corner, aiming to empower filmmakers by offering a transparent, fair, and fully auditable means to showcase and monetize their work.

Empowering Filmmakers with Blockchain Technology

Leo Matchett, co-founder of Decentralized Pictures, emphasizes the importance of giving creators the tools they need to succeed. The platform, operating as a 501(c)(3) non-profit, will allow filmmakers to distribute their content on-chain, ensuring that every transaction is both transparent and immutable.

Key Features of DCP

• Free Distribution: Filmmakers can distribute their work at no cost, allowing for greater accessibility and reach.
• FILMCredits Token: Users can rent films using FILMCredits, which can be purchased with fiat or earned through community engagement, such as script reviews.
• Revenue Allocation: Content creators can utilize crypto wallet addresses to automatically allocate streaming revenue to equity holders based on profit participation.
• Incentivized Peer Review: Users can earn rewards for reviewing content, with creators able to designate a percentage of revenues towards reviewers, fostering a collaborative environment.
• Test Screenings: Filmmakers can conduct test screenings supported by a rewards pool, encouraging community engagement and material review.

A Vision for Community Engagement

Matchett envisions a platform that not only enables creators to find an audience but also facilitates a community-driven approach to content discovery. Future enhancements may include curated lists and the ability for users to follow tastemakers, thereby enriching the viewing experience.

Moderation and Compliance

To maintain a high standard of content, uploaders will pay a moderation fee that is allocated to volunteer community members tasked with reviewing submissions for copyright violations and adherence to community guidelines. As Matchett notes, content will generally align with the MPAA rating system, ensuring that the platform remains a safe space for users.

A Commitment to Community and Transparency

Decentralized Pictures does not see DCP as a competitor to existing Web3 streaming platforms but rather as a public service aimed at democratizing film distribution. The commitment to reinvest 100% of the revenue back into the smart contract for rights holders underscores the non-profit's mission to support filmmakers sustainably.

A Track Record of Support

Co-founded by filmmaker Roman Coppola, Decentralized Pictures has already made a significant impact in the industry, providing hundreds of thousands of dollars in funding to filmmakers through awards sponsored by notable figures like Steven Soderbergh and Kevin Smith. This funding model not only supports current projects but also fuels future initiatives, ensuring that the creative ecosystem continues to thrive.

As the beta release of DCP approaches, the film community is watching closely. The potential for a more equitable and transparent distribution model could redefine how content is shared and monetized, heralding a new era for filmmakers and audiences alike.