Film NFT's

The NFTs That Pay Royalties

Get ready to revolutionize the film industry with DANO Network Productions Film NFT! This cutting-edge fintech product harnesses the power of Blockchain technology to fund film productions like never before. Brace yourself for an adrenaline-pumping experience as you trade and sell your very own NTS, unlocking a world of unlimited possibilities. And that's not all! Hold on tight as royalties rain down into the wallet where your NFT is securely kept. Get ready to embark on an exhilarating journey into the future of film financing! 

Each NFT Global Fund pays 5% of profits to NFT holders. 

Whitepaper

DANO Network, a pioneering force in the film industry, has once again showcased its innovation and transformative potential with the creation of a groundbreaking smart contract. This cutting-edge technology, developed by its renowned branch DANO Productions, is set to revolutionize the entertainment industry by introducing a unique funding model that leverages the power of non-fungible tokens (NFTs). By enabling the division of films and TV series into NFT blocks and facilitating residual payments to NFT holders, DANO Productions has opened up new horizons for collaboration and financial rewards in the world of entertainment.

Residual Payments and Ongoing Financial Rewards

One of the key features of DANO Productions' smart contract is its ability to facilitate residual payments to NFT holders. Traditionally, residuals have been challenging to track and distribute, often leading to complications and delays for artists and creators. With the implementation of this smart contract, residuals can be automatically and transparently distributed to NFT holders

DANO Network NFT Fund: Revolutionizing Royalty Payments

Innovating the world of film and miniseries production, DANO Network introduces the concept of NFT Funds for each of its projects. These funds, such as the ABC NFT Fund and XYZ NFT Fund, operate under distinct royalty terms, offering unique opportunities for investors and creators alike.

The NFT Funds are set at 5% of the net profits generated by each feature film or miniseries. This allocated pool is dedicated to paying out royalties to those involved in the project. To ensure a seamless and efficient process, royalty payments are airdropped on a quarterly basis to the wallets holding these NFTs.

With the introduction of the DANO Network NFT Fund, creators and investors can now reap the benefits of their contributions in a transparent and decentralized manner. This groundbreaking initiative revolutionizes royalty payments, providing a fair and accessible system for all parties involved.

The Future of DANO Network Productions

DANO Network Productions specializes in creating and distributing films and miniseries that reach a global audience through the DANO Network AVOD (Advertisement Video On Demand) platform. The content on this platform is monetized through advertisements, ensuring profitability. Additionally, certain productions may be acquired by major studios and platforms for financial gain before being distributed on AVOD. In all cases, royalties are distributed from the generated profits.

Over the next decade, DANO Network Productions has ambitious plans to release 2-3 films annually and allocate trillions of dollars in royalties.

Transfers

Buyers of DANO Network Film NFTs possess complete ownership rights over their NFTs, enabling them to freely sell and transfer them. Additionally, any wallet holding the NFT will receive royalty payments.

NFTs are Not Securities

NFTs, or non-fungible tokens, have gained significant attention and popularity in the digital art and collectibles market. One key distinction is that NFTs are considered assets rather than securities. Unlike securities, which represent ownership or investment in a company or entity, NFTs represent ownership of a unique digital item or piece of content. NFTs are built on blockchain technology, providing a transparent and decentralized way to verify ownership and authenticity. While securities typically involve financial investments and regulatory oversight, NFTs primarily function as digital assets that can be bought, sold, and traded within the digital marketplace.

The definition of "security" under the Securities Act of 1933 (the "Securities Act") and Securities Exchange Act of 1934 (the "Exchange Act") are nearly identical and broad enough to cover some NFTs. Section 2(a)(1) of the Securities Act defines a "security" as:

any note, stock, treasury stock, security future , security-based swap, bond , debenture, evidence of indebtedness, certificate of interest or participation in any profit-sharing agreement, collateral-trust certificate, preorganization certificate or subscription, transferable share, investment contract. voting-trust certificate,

The SEC evaluates digital assets in the same manner as traditional assets to determine whether they are securities. Unlike initial coin offerings which are a type of digital asset that has drawn a considerable level of attention from the SEC staff, NFTs have not been the subject of interpretative guidance by the SEC. The SEC has not initiated an enforcement action against the creator of an NFT or the operator of a platform that facilitates the offer and sale of NFTs. The issue of when an NFT is a security is unclear.

DANO Productions Film NFTs are incentivized collectibles that pay for the lifetime of a film; they are in no way a debt instrument.  

Lifetime of a Film or Series

The lifetime of a film is determined by how long it continues to generate revenue for the platform it is being exhibited on, such as streaming services, TV channels, or DVD sales. Generally, well-known films tend to have a lifespan of around 30 years.

During the initial two years, these notable films enjoy the highest levels of profitability.