Web3 film funding platform Decentralized Pictures has announced the launch of its blockchain-based film financing application, set to go live during the Cannes Film Festival on May 20. The app will launch with a documentary film award in partnership with The Gotham Film & Media Institute; up to two winning projects will receive up to $50,000 each in finishing funds.
Source: Coppola-Backed Decentralized Pictures Launches Web3 Film Funding Platform – Decrypt