The Infinite Machine Movie NFT Holders Will Sit at The Producers’ Table Via a DAO
The Infinite Machine Collection, the NFT project funding the movie based on Camila Russo’s best-selling book on Ethereum, announced its plans for NFT holders to form a decentralized organization which will have a seat at the film’s producers’ table.
Proceeds from The Infinite Machine NFT mints are distributed so that 10% of funds go to a community treasury, meant to seed the future decentralized autonomous organization (DAO). 22.5% of proceeds go to the 36 intervening artists, and the rest goes towards the movie production budget, up to $16M. After the movie budget is covered, 50% goes to fund the DAO.
