The Film & TV Crowfunding platform, aka as Launchpad is aimed to start in Q3, 2025.

RITESTREAM Studios allows producers to fund their movies and TV shows. Investors, in return, get exclusive access, become part of the creative journey, get discounted merchandise and a slice of future revenues.

RITESTREAM Studios will establish a robust pipeline for crowdfunded projects. Additionally, the RITE team will define and develop new “Ritestream Originals” to follow up on the success of CryptoKnights.

First, in Q3 2025, the minimum viable product (MVP) for the crowdfunding platform will be developed, enabling creators to bring their projects to fruition through a first batch of fundraisers, followed by the complete crowdfunding platform (in Q4 2025).

Ritestream Originals are productions that were crowdfunded, and which can be distributed on the streaming platform RITESTREAM+, and via sister company Allrites.

And there is already a line-up with Films and Shows that want to be funded.

The $RITE team is still very eager to launch the Crowdfunding platform and in the market there is lots of interest.

Joseph Khan, CSO, mentioned in the Battle Call Ready AMA on November 8, that some “big” producers want to fund their (next) film with budgets between $10M -$30M.

Martijn, CPO, also mentioned about the market interest (source link)…

Just had a call with Riaz and the rest of the team with a production company that funded over $200M worth of movies. They’re super keen to work with us and got a whole slate of movies that are partially funded, but require further funding via our Ritestream Studios. Further evidence of product-market-fit for Studios.

As as an example, we likely found a way to collect, allocate and analyze revenues from movies/shows on-chain, so even the web2 revenue collection will be fully transparent when it’ll flow to fractional NFT holders.

In the AMA, March 31, 2025, Martijn informed us about the upcoming (partial) funding for a film about the Bitcoin Heist in Iceland. This real story has an awesome plot for a successful movie… and it’s coming to RITESTREAM Studios…

Just read the story… and get as excited as we are… https://www.vanityfair.com/news/2019/11/the-big-bitcoin-heist

A film plot that fits in perfectly with the RITE target audiences. Film AND Crypto Fans.

The first Film and/or TV Show crowdfunding will probably have a lower (crowd)funding budget, just because the concept should first be tested with a smaller budget… but the market is screaming for disruption and new initiatives, even for expected Hollywood blockbusters.

Matt Damon explains why…

This is why you don’t get movies like Shawshank Redemption, A Few Good Men, and Forrest Gump anymore and why every other film is either Transformers, The Fast and Furious or some Marvel garbage. pic.twitter.com/2cpxZRtYsW

— Ian Miles Cheong (@stillgray) November 2, 2024

But it’s not just about funding alone…

Fans and investors can buy NFTs, making fractional ownership with revenue sharing possible… but the NFTs can also be used as VIP passes, providing investors with backstage access, or a chance to become part of the creative journey.

Our platform empowers creators to fund their projects directly, bypassing the traditional gatekeepers. We believe that good stories deserve to be told, and that you decide what shows are worth making. Not Hollywood executives. Ritestream is about fandom reinvented. It’s about giving audiences a voice and a stake in the entertainment they love.

By leveraging the power of tokenization, Ritestream Studios is:

– Democratizing Investment: Opening up film and TV investment to everyone, not just the elite.
– Empowering Creators: Providing filmmakers and showrunners with alternative funding sources.
– Rewarding Fans: Offering investors a share in the success and a deeper connection to the creative process.

Source: Tokenizing the Movie Industry

Of course, RITESTREAM Studios already had a positive start with the (crowd)funding for the CryptoKnights Show via the CK NFT sales (and riteFUND participants).

So, a new (NFT) crowdfunding sale with allocations and whitelisting based on $RITE should be no problem.

The original idea was to introduce the Popcorn Collective community as part of the crowdfunding process where members may vote on new projects, from green lighting fresh ideas to influencing story lines in ongoing productions. Members decide what is funded, not Hollywood execs. Plus, they will get access to behind-the-scenes content, offering a peek into the creative process and fostering a true connection with the cast and crew.

It’s not sure what the status is. Hopefully, later more details will follow. The idea was either that you can access the Popcorn Collective via monthly subscription payments, and/or via $RITE staking.

Ultimately, the Popcorn Collective should transfer into a DAO.

Not all details are known yet… but we might expect that $RITE stakers will get higher or exclusive allocations based on the principle the more you stake, the higher the (NFT) allocations.

As stated in the roadmap 2025, “Ritestream Studios will open a whole new world of ways to spend $RITE by reinventing what fandom means. A percentage of fundraising fees will be used to buy back $RITE”.

That’s it for now… we are just waiting for more information about the new Studios Originals initiative, and first Film/TV show to be launched.