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This book explores the use of Blockchain and smart contract
technologies to develop new ways to finance independent films and
digital media worldwide. Using case studies of Alibaba and
in-depth, on-set observation of a Sino-US coproduction, as well as
research collected from urban China, Hong Kong, Europe, and the
USA, Online Film Production in China Using Blockchain and Smart
Contracts explores new digital platforms and what this means for
the international production of creative works. This research
assesses the change in media consciousness from young urban
audiences, their emergence as a potential participative and
creative community within dis-intermediated, decentralised and
distributed crowdfunding and crowdsourcing models. This research
proposes solutions on how these young emerging local creative
talents can be identified and nurtured early on, particularly those
who now produce creative and artistic audiovisual content whether
these works are related to film, Virtual Reality (VR), video game,
graphic novels, or music. Ultimately, a new media content finance
and production platform implementing blockchain is proposed to
bring transparency in the film sector and open doors to emerging
artists in digital media. Appropriate for both professionals and
academics in the film industry as well as computer science.
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