Film director Kevin Smith to auction off his latest film as an NFT
'Killroy Was Here' is turning into a non-fungible token
Director/actor Kevin Smith burst onto the scene in the ’90s making a name for himself both as an innovative filmmaker and as somebody that was pushing the boundaries of indie film distribution – as Deadline’ aptly put it.
Now, he is about to do that again as he is planning to auction his latest horror feature anthology Killroy Was Here as an NFT, or non-fungible token. The future owner of the NFT will have the rights to exhibit, distribute, and stream the film. In this manner, whoever owns the film will be able to earn money on it outside the blockchain.
Talking about his decision, Smith said that as an indie artist, he’s always looking for a new platform through which he can tell a story.
“And Crypto has the potential to provide that, while also intersecting with our almost 25 years of experience selling real-world collectibles online and at the brick-and-mortar Jay and Silent Bob’s Secret Stash. Back in 1994, we took Clerks up to Sundance and sold it. Selling Killroy as an NFT feels very similar: whoever buys it could choose to monetize it traditionally, or simply own a film that nobody ever sees but them. We’re not trying to raise financing by selling NFT’s for a Killroy movie; the completed Killroy movie IS the NFT. And if this works, we suddenly have a new stage on which I, and other better artists than me, can tell our stories.”