The first UK independent film ‘Little White Lies’ to be available for purchase with full rights as a non-fungible token (NFT)
Small white purchases: The award-winning British independent film “Little White Lies” is the first film to be made available for purchase in its entirety, including all rights as a non-fungible token or NFT. This unique offer is an outright sale of the film and all rights associated with it. The film has been divided into 15 parts in order to be put on the blockchain. The owner of the NFTs will receive the corresponding original digital negative.
Whoever owns the fifteen parts will own the complete digital negative and the rights to the film.
You can follow the auction here.
For those unfamiliar with the process, NFTs are proof of ownership of digital assets that can be bought or sold. NFTs are certificates of ownership for these virtual assets. Although many copies may be in circulation, an NFT identifies the owner (s) of the original.
The NFT craze has shown few signs of slowing down since Beeple EVERY DAY: THE FIRST 5,000 DAYS sold for just north of $ 69 million, with the world of film, sports and music now joining. In addition to art, you can buy NFTs from sports trading cards, music videos, and even tacos.
Films are now entering the NFT Act for distribution, to raise funds as well as to use NFTs to release original memorabilia. For example:
Although all first in their own rights, “Little White Lies” is the first film to be available in its entirety, including all rights.
Released in 2006 and directed by award-winning Caradog James and starring the infamous Flying Pickets and Corrie mainstays Brian Hibbard and Mark Lewis Jones who recently played roles in ‘Gangs of London’, ‘The Crown’ and ‘ Star Wars Episode 8 ” ”.
The film is a dark comedy that deals with race, telling the story of a working class family in Wales living in fear that their country will become a place where there are more mosques than McDonalds and terrorists are hiding in all the stores around the corner. The race being at the center of the news in 2021, this film deserves to be reassessed by the public.
Produced with a budget of £ 350,000, it was a critical success. The Independent gave it 5 stars and summed up the film as “The Royal Family Meets No One By Mouth”. The film won the Bafta Cymru Awards for Best Actress and Best Actor, the Best Film and Best Actress Awards at the Cartagena Film Festival and the Best Film and Audience Award at the Nantes Festival.
While director and producer John Giwa-Amu and Caradog James were directing an acclaimed film, they were still learning the ropes and the cast proved difficult, so the film was not seen as widely as it was. deserved it. However, as exceptionally they own the film in its entirety, this means that they are now in a position to sell the film and its rights.
Under the direction of their production company Red & Black, the duo went on to make or produce a series of successful award-winning films and American television pilots, such as The Party, Don’t Knock Twice and The Machine, a film which was ironically number one. on iTunes and The Pirate Bay.
More information about the auction, the film, the cast, the director and the producer can be found here.
For more information or to arrange an interview, please contact [email protected]
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