CANNES, FRANCE - June 3rd, 2024 – The Squad, in collaboration with Theta Network, has successfully held the MetaCannes Film3 Festival, which took place May 12 through May 25, 2024. The 2024 edition of the event provided a blockchain-based, video on-demand film festival experience with world premieres, empowerment-focused content and live streaming (a first for 2024).
Event Highlights:
Statements from the Organizers:
Jordan Bayne, founder of The Squad, remarked, “At MetaCannes, community is the utility, and Film3 is the product. We are proud to lead the charge in transforming the film industry, making it more inclusive and accessible through technology.”
Mitch Liu, CEO of Theta Labs, added, “Our collaboration with The Squad for MetaCannes 2024 exemplifies our commitment to leveraging blockchain and AI technology to empower filmmakers and audiences worldwide.”
About MetaCannes:
MetaCannes Film3 Festival is the first on-chain, on-demand virtual film festival in the world, pioneering the integration of blockchain technology with cinematic experiences. By hosting a fully virtual festival, MetaCannes reaches a global audience, offering a unique platform for filmmakers and film enthusiasts to engage with cinema in new and innovative ways.
—-About Jordan Bayne
Jordan Bayne is an award-winning filmmaker and founder of The Squad, the original media collective producing content on Web3 x film, the originators of the Film3 movement, and the premier destination for those building the new Film3 ecosystem. Her short film THE SEA IS ALL I KNOW starring Academy Award Winner Melissa Leo was an Oscar contender, and her historic short motion picture RED FLAGS was minted on Zora in January 2022 and collected by the iconic Claire Silver. She has always been passionate about building a better future for filmmakers and has spoken on over 700 spaces/panels/interviews on Film3 as the Next Wave of Cinema. She is also the founder of MetaCannes Film3 Festival, co-founder of the Film3 Summit, and her Podcast, The Film3 OG and the Next Wave of Cinema is on Spotify and Apple.
About Theta Labs
Theta Labs pioneered Theta Network, the leading blockchain decentralized cloud for AI, media and entertainment. Theta EdgeCloud is the first hybrid cloud-edge computing AI platform, powered by the Theta Edge Network with over 10,000 active global edge nodes and 80 PetaFLOPS of always available distributed GPU compute power. Theta is among the top 10 DePIN blockchains by market capitalization listed on both Coinmarketcap and Coingecko, and among the top AI tokens on Binance.com. Theta EdgeCloud Video is a turn-key Web3 video API for developers offering significantly lower video transcoding and content delivery costs. Theta’s Web3 infrastructure including ThetaDrop NFT marketplace and Theta Web3 Theatre enable entertainment companies to drive new revenues and community engagement.
Backed by Google, Samsung, Sony, Creative Artists Agency, and Binance, Theta’s enterprise validator and governance council is composed of global market leaders. Theta has partnered with leading entertainment brands including Lionsgate, MGM, Katy Perry, American Idol, The Price is Right, Taste of Home, and more. Popular platforms utilizing Theta’s Web3 infrastructure include MetaCannes Film3 Festival, FuseTV, CONtv Anime, WPT, PetCollective, FailArmy, and other OTT streaming services. Theta’s strategic corporate investors include Samsung NEXT, Sony Innovation Fund, Bertelsmann Digital Media Investments and CAA.
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For all information about this release, please contact anna.ivanova@eakdigital.com.