Ground Control Entertainment, XYZ Films, and producer Kyle Franke are partnering with SingularDTV co-founder and president of entertainment Kim Jackson on the project, which will see five features financed by cryptocurrency and distributed via the blockchain, Deadline reported.
The project will consist of a five-part anthology of films created and directed by Ruairi Robinson (The Last Days on Mars), Stephan Zlotescu (True Skin), Zac&Mac (Law Zero), and Tyson Johnston (Lunar).
Production will start in the first quarter of 2018. No details on the anthology plots have been released.
The combined features sport a budget of $5 million, or approximately 9,000 in Ether, the digital currency derived from the Ethereum (ETH/USD) blockchain.
“I’m very proud that SingularDTV is creating a new frontier of its own, with a peer-to-peer funding and distribution platform, connecting fans with the films and filmmakers that they love,” SingularDTV’s Kyle Jackson.
“Our platform allows for audiences and creators to mutually benefit from the success of any project. As long as they keep supporting projects, there is no end to the possibility of sequels or TV series continuing to reach eager audiences. With SingularDTV there are no disappointing cancellations of beloved pilots or series. It’s a self-sustaining franchise,” Jackson added.
SingularDTV’s Ethervision distribution platform streaming channel plans to offer films, music and other content later in 2018.