and Cinema Libre Studio Launched the First NFT Film on OpenSea

Both companies have already rolled out three NFT movies, with 100+ more films to be released in the coming weeks.

Jan 14, 2023
by Akira Ming and Cinema Libre Studio Launched the First NFT Film on OpenSea

Cinema Libre teams up with Movieplex to bring NFT films to the masses, a leader in blockchain tech for the movie industry, has partnered with Cinema Libre Studio, a producer and distributor of indie films, to launch the first NFT film on OpenSea

According to a press release, the Film Collection represents the first time in history that feature-length movies are available as NFTs. These one-of-a-kind digital collectibles are hosted on the Polygon blockchain. 

As of writing, both companies have already rolled out three NFT films in their collection. First on the list is "Phosfate", an environmental documentary that follows the story of Erik E. Crown, a filmmaker working with the locals to investigate rising incidents of cancer in Florida. 

The second movie is "Guantanamo Diary Revisited," a documentary about Mohamedou Ould Slahi, who was arrested after the September 11 terrorist attack as he was suspected of being a member of Al Qaeda. The last movie, "From Iceland to Eden," is a narrative feature film about a couple involved in narcotics in the Icelandic capital, Reykjavík.

"NFTs are the future of film viewing," said Philippe Diaz, Founder and Chairman of Cinema Libre Studio. "When someone buys a movie on iTunes or Amazon, they only receive a tethered video file. With the NFT, collectors keep an asset, which can be resold, while also becoming a part of a community. NFTs create a unique link between the filmmaker and their audience, allowing the buyer to receive subsequent elements that are also part of film distributions – like deleted scenes, interviews with the actors or the director, reviews from festivals, and more."

NFT movies are still in their infancy compared to their counterparts in the digital arts, games, and music industries. Despite that, there's a list of benefits they could bring to independent producers. 

"The distributed file storage architecture of Web3 will break the expense of traditional film streaming costs and drive centralized bandwidth usage to near zero," said Garry Dolley, Founder of "This will make Web3 film-streaming business models far more profitable than traditional streaming platforms."

In the coming weeks, the Austin-based Movieplex will upload 100+ more films to OpenSea, allowing avid collectors to own part of their productions. Interested individuals can check out the full collection here

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