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Ethereum Documentary Raises $1.9M in 3 Days

Ethereum documentary featuring Vitalik Buterin raises $1.9M in 3 days

The cryptocurrency community is highly anticipating the release of a new documentary about the Ethereum blockchain, with the film’s funding campaign exceeding expectations. A crowdfunding round for the Ethereum-themed documentary, dubbed Ethereum: The Infinite Garden, has surpassed its goal of 750 Ether (ETH), raising a total of 1,035.96 ETH worth $1.9 million as of Friday, the creators announced.

The funding campaign started on Wednesday to support the production of a feature-length, character-driven documentary film exploring the “innovative real-world applications of the Ethereum blockchain, the die-hard community of enthusiasts and developers, and its creator, Vitalik Buterin.” Ending Friday, the fundraising campaign amassed a total of 662 backers who contributed through Mirror, a decentralized crypto-based network. “We are blown away by the support of the community. In 3 days we surpassed our goal,” the project creators said.

Some 95% of raised funds will be directed toward the film’s production budget, while 3% will be distributed on Gitcoin grants to support open-source Ethereum projects, and the remaining 2% will be sent as a donation to Carbonfund.org, an initiative to reduce global carbon emissions.

Source: FXPro


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