Theta Network joined a partnership with The Squad to hold the first MetaCannes Film3 Festival.
The parties used Theta Network’s next-gen DRM technology to conduct the event. According to the official Twitter/X account of Theta Network, the event helped build the future of entertainment and media.
The tweet also shared the latest case study Theta Network has done on the topic. The parties shared their interest in the Film3 event a couple of months ago. This was followed by a swift announcement regarding the event’s date and related details.
Successfully held between May 16th and May 29th, the event ran during the Cannes Film Festival. The success of the event opened new opportunities for filmmakers to experience an equitable future.
The initiative boosted the Next Wave of Cinema, promising a better future for filmmakers. The objective behind the event was to fight discrimination in the industry and establish a new path for sustainable careers.
During the event, Theta Network and The Squad showcased several leaders from the entertainment and media industries. It included well-known actors, established directors, and Oscar winners.
The streaming pass for the event was also sold using Theta Drop. The sale was conducted on Theta Network’s NFT marketplace. The pass enabled 14 days of access to a series of short films. Moreover, it offered special screening access to the Oscar-winning The Irish Goodbye.
Besides the opportunity to witness several movie stars, the event also presented the chance to participate in a 25-hour-long Q&A panel. Moreover, the event showcased movie panels and short films exclusive to Film3.
Jordan Bayne commented on the event, stating that if the community is the utility, Film3 is the product. This leads to the result being an intuitive way to lead the future of filmmakers.
The massive support Theta Network and The Squad managed to garner helped in the success of the first Film3 event.