Yes, I’m excited to say that the next place that we are exploring is the entertainment space. What we are trying to do is explore the world of collaborative storytelling. I think in the next 5 to 10 years we will get to the point where the cost of production of new shows is low enough that creators will be able to go directly to fans for some or all of their funding. This is incredibly exciting because then you won’t have so much streamer and studio interference.
There will always be shows that need a studio to be created. And there will always be a need for streamers. But right now they hold their monopoly so you have creators going to them and having to sell their show for the cost of production +30. Which is barely anything. And then those creators have taken the upside. They lose all of their IP and sometimes they’re thrown off their own projects where they can’t even visit their own sets! That’s awful.
Residuals have become a problem too, as streamers have matured… You will see a show that took 10 years to create show up on a streamer for a few months, and then it’s shelved forever because the streamer doesn’t want to pay residuals. This kind of thing can go away if you can begin to defray the cost of creation with fan funding. Entertainmint.com is a new platform that helps creators with funding and distribution, but we aimed to keep them in front both in terms of owning their IP and also making the majority of their revenues.
