Grammy-Nominated Artist Cheri Moon To Star In The First Ever NFT-Backed Film

Grammy-nominated artist Cheri Moon is participating in a first-of-its-kind NFT film, I Live Here Now

Directed by Julie Pacino, I Live Here Now, according to AfroTech, is about a young actress navigating Hollywood’s perceptions of body image, which only worsens after the actress discovers she’s pregnant and begins to worry the hotel she resides in has grown a disturbing interest in her body.

The movie was fully funded by the Keepers Of The Inn NFT-art project, which features more than 3,300 photos taken during rehearsals of the movie. The movie is the first feature film to be financed by Non-Fungible Tokens and the first photography Internet Protocol to lead to the inception of a feature film, according to ONE37pm.

“The I Live Here Now–Keepers of the Inn project is a very interesting and one-of-a-kind piece not only because of the intricate storyline of the actual film but also the way in which Julie Pacino has decided to create and fund it,” Moon told AftoTech in an email. “I Live Here Now is the first film to be fully funded by its NFT project, which is pretty incredible. The art created through making the NFT collection will certainly give the film longevity in a different way on a different platform.”

The movie and art project is part of a pledge by Pacino to support female filmmakers. According to Deadline, female filmmakers are still facing difficulties in the film industry; just 12 percent of the 250 top-grossing movies in 2021 were led by female filmmakers.

Pacino wants to change that and her project aims to set a new standard by disrupting the current film infrastructure and creating new opportunities for women in the entertainment and film industries. After the Keepers Of The Inn collection sold out, a short film competition was announced by Pacino.

Three filmmakers will be selected by NFT holders to win a grant to fund their projects. Once the projects are finished, they will be minted and the filmmakers will be able to keep 100 percent of the proceeds their project generates and 50 percent of secondary sales from the Keepers Of The Inn Fund, according to the website.