Web3 is finding its footing in the world of entertainment and creativity. NFT’s are poking at new models for lore and storytelling, but these efforts haven’t been fully realized. This is why OP3N and Avalanche are excited to announce our $100 million Culture Catalyst Initiative.
The initiative is committed to financing NFT projects in Culture: Musicians, Filmmakers, Digital Artists, And Creators across the world to build on Avalanche and launch on OP3N.
Similar to Warner Bros Studios or Marvel Studios, OP3N Studios will build a creator / studio fund that can finance development, produce, launch & distribute the most premium NFT Entertainment projects the world has ever seen. And we’d like to work with anyone interested in building with us. With OP3N Studios, we’re excited to work with all kinds of artists on NFT strategies, art development, marketing strategy, and smart contract deployment.
OP3N is particularly excited to work with Avalanche because of the protocols main attributes of being blazingly fast, low cost, and eco-friendly. OP3N is committed to those values because of our belief that fans, users, and community members should be able to have a great experience building community with their favorite artists.
Frequently Asked Questions
This depends on the level of the project:
- 5 STAR TIER ONE / $10M-$25M per project
- 3 STAR TIER TWO / $1M-$10M per project
- 1 STAR TIER THREE / $100K - $1M per project
Estimated 30-50 premium entertainment projects across 3 tiers
Investment is first recouped by protocol partner 90 days after final NFT drop.
OP3N and Avalanche are the exclusive executive producer of each project.
The Initiative covers the cost of talent attachment, script, film/tv trailer, nft game development and nft drop across entire roadmap.