{"id":1956,"date":"2024-03-18T17:13:00","date_gmt":"2024-03-18T15:13:00","guid":{"rendered":"https:\/\/www.bitbond.com\/?p=1956"},"modified":"2024-03-21T13:11:50","modified_gmt":"2024-03-21T11:11:50","slug":"top-nft-projects-and-community-driven-crowdsales","status":"publish","type":"post","link":"https:\/\/www.bitbond.com\/resources\/top-nft-projects-and-community-driven-crowdsales\/","title":{"rendered":"Top NFT Projects &#8211; 6 Community Driven Crowdsales"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div>\n<div class=\"wp-block-rank-math-toc-block\" id=\"rank-math-toc\" id=\"rank-math-toc\"><h2>Table of Contents<\/h2><nav><ul><li ><a href=\"#top-nft-projects-funded-by-their-community\">Top NFT projects funded by their community<\/a><ul><li ><a href=\"#1-nft-backed-film-project-iceman\">1. NFT-Backed Film \u201cProject Iceman\u201d<\/a><\/li><li ><a href=\"#2-nft-backed-hollywood-movie-a-wing-and-a-prayer\">2. NFT-Backed Hollywood Movie \u201cA Wing and a Prayer\u201d<\/a><\/li><li ><a href=\"#3-pplpleasrs-shibuya-video-platform\">3. Pplpleasr\u2019s Shibuya Video Platform<\/a><\/li><li ><a href=\"#4-podcast-5-minutes-of-fame\">4.Podcast &#8220;5 Minutes of Fame&#8221;<\/a><\/li><li ><a href=\"#5-autograph-io\">5. Autograph.io<\/a><\/li><li ><a href=\"#6-logan-paul-digital-collectibles-store\">6. Logan Paul Digital Collectibles Store<\/a><\/li><\/ul><\/li><li ><a href=\"#final-remarks\">Final Remarks<\/a><\/li><\/ul><\/nav><\/div>\n\n\n\n<p>This article will delve into the 6 top NFT projects that were funded by their community of followers. Ever since NFTs gained remarkable attention from the wider public, a lot of community driven NFT projects arose on the scene. This helped the organizers achieve their goals, requiring less intermediaries, leading to more efficiencies in the fundraising process.<\/p>\n\n\n\n<p>NFTs are increasingly used as an alternative solution to overcome the challenges of funding projects as well as to create an additional source of income. In the creative industry, NFTs are primarily used to fund projects in order to achieve creative freedom<\/p>\n\n\n\n<p>As NFTs offer fractionalization, funds can be raised from a much broader range of investors. Besides, NFTs are predominantly used by influencers to strengthen their communities and to have an additional stream of income.<\/p>\n\n\n\n<p>If you\u2019re interested in kickstarting your own NFT funded project, check out how to easily <a href=\"https:\/\/www.bitbond.com\/resources\/how-to-create-an-nft-in-5-easy-steps\/\" target=\"_blank\" rel=\"noreferrer noopener\">create an NFT<\/a> guide.<\/p>\n\n\n\n<h1 class=\"wp-block-heading\" id=\"top-nft-projects-funded-by-their-community\">Top NFT projects funded by their community<\/h1>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"1-nft-backed-film-project-iceman\">1. NFT-Backed Film \u201cProject Iceman\u201d<\/h2>\n\n\n\n<figure class=\"wp-block-image aligncenter is-resized\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/rQLkF0g95812IH0GIJ-g8-Tp8EaVWlyL5VWQj6HuwR3Lp66D6ml84o1xj0xCb0ZlhnH9G2m-z_PA46CQOrNFOGyFq2x4988o6oubbRmmaWweeCaQMbbdYPVqR9blBEZgX67eoBSJFZTiiRqhNNCvOr640VU0VRxBSeHevyFzm3-yKy8s6FpGm1XXzRUb-w\" alt=\"Top NFT Projecet : Project Iceman\" style=\"width:1087px;height:389px\"\/><\/figure>\n\n\n\n<p><a href=\"https:\/\/www.projecticeman.com\" target=\"_blank\" rel=\"noopener\">\u201cProject Iceman\u201d<\/a> is a NFT financed documentary about Andres Hofman\u2019s attempt to complete the first long-distance triathlon in Antarctica. Yes Theory, the producer of the documentary, turned down a $1.25 million offer from a major streaming platform and switched to NFT funding to not be subject to \u201climited creative freedom\u201d.<\/p>\n\n\n\n<p>In addition, Yes Theory aimed at building a community around the production of \u201c Project Iceman\u201d as participants of the NFT sale are not only investors but also digital owners. There are four NFT tiers available: The World\u2019s Coldest Movie Tickets, The Ice Squad, The Owner\u2019s Table and the Executive producer. They decided for it to be an NFT project as it provided them much more freedom over the production process, as well as in making it accessible to their fanbase independently of streaming providers that may have restrictions.&nbsp;&nbsp;<\/p>\n\n\n\n<p>The World\u2019s Coldest Movie Tickets was minted on Polygon, the initial sale was facilitated via <a href=\"https:\/\/paper.xyz\/\" target=\"_blank\" rel=\"noopener\">Paper<\/a> as an onramp payment infrastructure provider for NFT purchases. It can be <a href=\"https:\/\/opensea.io\/collection\/the-iceman-film-tickets\" target=\"_blank\" rel=\"noopener\">purchased via OpenSea<\/a> for 0.1 ETH. Depending on the NFT tier, investors are granted access to the movie\u2019s virtual and physical premiers, future events, further NFT launches and ownership of 10-second clips of the documentary itself.<\/p>\n\n\n\n<p>As seen in the \u201cProject Iceman\u201d use case, NFTs are a great tool to facilitate community-driven funding of projects. Investors do not only contribute to the production of \u201cProject Iceman\u201d by paying for the production but they also partially own the documentary. Additionally, the producers benefit from increased creative freedom and are not limited to a predefined contract with a large streaming company.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"2-nft-backed-hollywood-movie-a-wing-and-a-prayer\">2. NFT-Backed Hollywood Movie \u201cA Wing and a Prayer\u201d<\/h2>\n\n\n\n<figure class=\"wp-block-image aligncenter is-resized\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/RJCjny53G2xLjLJF6uWjKwQqV2ElBb-yXm3lKbl-vqaiwtydfTVZWD_hlSzt70bOjCCGpvx3Eo1CSNINp2-AFWPWQxRsTfSqqWyqN5cpEiwujdzASUnE-w3TeaNT4SaJgqoVgEvAmynm_07wu1vG97JNyRcfLyTWvYtx1QKtrZENb-NnmRY19APSU96eZQ\" alt=\"Top NFT Projecet : A Wing and a Prayer\" style=\"width:1114px;height:346px\"\/><\/figure>\n\n\n\n<p>Similar to \u201cProject Iceman\u201d, \u201cA Wing and a Prayer\u201d is an NFT-backed Hollywood movie. The production of the comedy-drama is funded by NFTs to \u201cdemocratize the process of filmmaking\u201d and to motivate an engaged audience. By launching this project, the producers of \u201cA Wing and a Prayer\u201d intended to be the first feature firm that is solely funded by minting NFT tokens.&nbsp;<\/p>\n\n\n\n<p>Investors of \u201cA Wing and a Prayer\u201d NFTs are entitled to a share of the movie\u2019s profits. Besides, the NFT drops come with executive producer-like perks, including going to the set for a day, meeting some of the talent and going to both physical and digital premiers. The NFT sale was created in cooperation with the platform <a href=\"https:\/\/nftstudios.dev\" target=\"_blank\" rel=\"noopener\">NFT Studios<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"3-pplpleasrs-shibuya-video-platform\">3. Pplpleasr\u2019s Shibuya Video Platform<\/h2>\n\n\n\n<figure class=\"wp-block-image aligncenter is-resized\"><img decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/d4ri1bEvtC5HYe8tHnhcFJ-jxvRXMiQFTnnrqRHQWkVDolUqK0AnaGbwJeEvGhRBUUtTVVyWd4Z-jiLMgnnRnAAPk3rn2OwOrD21QV1p0615DqBAeI4a8W6BEhcdm2zgHcHVmNIAFMf91MuXKVbiHetoZ997PkAjBs34-N3nUmcnZDgRiNfvRXARTWK3Gg\" alt=\"Top NFT Projecet : Pplpleasr\" style=\"width:559px;height:293px\"\/><\/figure>\n\n\n\n<p><a href=\"https:\/\/pplplsr.com\/About\" target=\"_blank\" rel=\"noreferrer noopener\">Pplpleasr\u2019s<\/a> Video Platform uses NFT sales to fund their<a href=\"https:\/\/medium.com\/@shibuya.xyz\/shibuya-white-rabbit-pilot-c901e8bb76a4\" target=\"_blank\" rel=\"noreferrer noopener\"> interactive series \u201cWhite Rabbit\u201d<\/a> in cooperation with <a href=\"https:\/\/www.shibuya.xyz\/about\" target=\"_blank\" rel=\"noreferrer noopener\">Shibuya<\/a>. Each NFT entitles holders to vote and thus shape the creative direction and storyline of Emily Yang\u2019s project. According to Pplpleasr, the intention behind funding their project with NFT sales was that Hollywood is \u201cvery political and difficult\u201d and includes extensive paperwork.<\/p>\n\n\n\n<p>In order to cast a vote for either path, a Producer Pass NFT needs to be minted and staked. Users that vote by staking their Producer Pass NFT will also receive a WRAB ERC-20 token that represents fractional ownership of the \u201cWhite Rabbit\u201d series. Each chapter of the video has its own NFT passes that allow users to decide on the course of the series. For every chapter, 5,000 NFT passes are sold at 0.08 ETH each with a maximum of five per wallet.&nbsp;<\/p>\n\n\n\n<p>Thus, the set-up of the interactive \u201cWhite Rabbit\u201d illustrates how NFTs can be used to involve a community in one\u2019s creative project. As investors are able to vote, they do not only own part of the series but also decide over its course of action.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"4-podcast-5-minutes-of-fame\">4.Podcast &#8220;5 Minutes of Fame&#8221;<\/h2>\n\n\n\n<figure class=\"wp-block-image aligncenter is-resized\"><img decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/8zgl0Pahjh5Br8_NdKhJBV-5ZFpxA-v7aJLPfBWW33K9NSP97UEp5LkbGPO2txgQbpk0MnMy0mwwt5BZ5FAu29yR-Qg_OFTsB3k7fyhgmfVu4Z2GU7bVV4EFigZ-EZRejaPt3zX2MBC_0sFvTYXoG4MQluyc5AjSWipXpxK35R7PX0E7vQXfEBku7MzZTg\" alt=\"Top NFT Projecet : 5 Minutes of Fame\" style=\"width:1132px;height:308px\"\/><\/figure>\n\n\n\n<p>Another top NFT project is 5 Minutes of Fame. In their podcast <a href=\"https:\/\/www.mfmpod.com\" target=\"_blank\" rel=\"noreferrer noopener\">\u201cMy First Million\u201d<\/a>, Sam Parr and Shaan Puri brainstorm new business ideas, trends and opportunities in the market. The podcast often invites famous guests to be on air. Now, the creators of \u201cMy First Million\u201d launched an NFT collection to sell five minutes of airtime.&nbsp;<\/p>\n\n\n\n<p>The NFTs \u201c5 Minutes of Fame\u201d grant holders five minutes of airtime on Sam Parr and Shaan Puri\u2019s podcast. However, the airtime can also be resold and redeemed at a later point in time which makes airtime on the podcast \u201cMy First Million&#8221; a tradable and investable asset. The \u201cMy First Million\u201d NFT Collection was minted in September 2021 on the Ethereum blockchain and an experimental NFT is <a href=\"https:\/\/opensea.io\/collection\/raggybones-collection\" target=\"_blank\" rel=\"noreferrer noopener\">available on OpenSea<\/a>.<\/p>\n\n\n\n<p>Therefore, NFTs allow content creators to sell advertisements on a standardized level avoiding contract discussions. Tokenization also transforms assets that were previously untradable on secondary markets into tradable assets available on retail investor market places.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"5-autograph-io\">5. Autograph.io<\/h2>\n\n\n\n<figure class=\"wp-block-image aligncenter is-resized\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/hJn1dz-WRGYjCjHJsFNT0Po0U1GG3CAcUKZ_SKz3NrwYP4Idqk_F4cICZLE1myX1HHifDIGiq4o6ogjVe09e6R7mG5zxf8hwQpf-AQZY73k7tP_C7B_aiH7fI9FOVAieGRKbWSa0nmpDMZGbNg9KSkxPVPIDJfqkqYdoYjUNjmrEWUpwWRkabSleLvlNjg\" alt=\"Top NFT Projecet : Autograph.io\" style=\"width:1106px;height:447px\"\/><\/figure>\n\n\n\n<p><a href=\"https:\/\/autograph.io\" target=\"_blank\" rel=\"noreferrer noopener\">Autograph.io<\/a> is a digital marketplace that is focused on sports, entertainment and unique experiences. The project was co-founded by Tom Brady and has backing from Naomi Osaka, Wayne Gretzky, Tiger Woods, and Usian Bolt.<\/p>\n\n\n\n<p>The NFT drops of Autograph.io include the professional\u2019s authentic signature, future NFT drop access rights and private Discord channel entry. <\/p>\n\n\n\n<p>Additionally, Autograph.io also minted <a rel=\"noreferrer noopener\" href=\"https:\/\/autograph.io\/details\/62ce31ef27e36c000efe12cb\/collection\" target=\"_blank\">Forest Hills Stadium Access Pass 2022 NFT<\/a> to grant holder\u2019s access to a token-gated virtual community and attend an Autograph.io private event in 2023.<\/p>\n\n\n\n<p>Selling NFTs is a great way for influencers and celebrities to engage with their community as they can give back to their communities by selling exclusive event tickets or merchandise. As NFT drops are accessible to a large investor base, influencers can reach a greater audience.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"6-logan-paul-digital-collectibles-store\">6. Logan Paul Digital Collectibles Store<\/h2>\n\n\n\n<figure class=\"wp-block-image aligncenter is-resized\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/0ku6xUOdgFMjnTf3AgxtHJjmtC7ku-ZIs1yfxvfCTjcD7YHAGAuejwmMSSlfxCkhAZ5p0xqmwVUEluRo-ZjixR9TWeb8KCRu2hAp7aBPjkJKp28QaJnfcAktuSWsvVoEjwyXbQ8G72wn4EquKGbmaU0DHg_ZvC1ueTETIF_pYzkmdcYnjk0SCx6jY7Yafg\" alt=\"Top NFT Projecet : Logan Paul The Originals\" style=\"width:1111px;height:573px\"\/><\/figure>\n\n\n\n<p>Logan Paul\u2019s project is another example of how influencers can use NFTs as an additional source of income. The popular influencer and professional boxer minted his own <a href=\"https:\/\/originals.com\" target=\"_blank\" rel=\"noreferrer noopener\">\u201c99 Originals\u201d<\/a> NFT collection. The idea behind his project was to take the craziest and coolest he could for 99 days with a polaroid camera.<\/p>\n\n\n\n<p>Each NFT holder receives a physical photo of the 1\/1 NFT, PSA sealed and certified. Additionally, investors receive membership to @originalDAO which grants them access to exclusive events, topic suggestions or guests for <a href=\"https:\/\/www.youtube.com\/c\/Impaulsive\" target=\"_blank\" rel=\"noreferrer noopener\">IMPAULSIVE<\/a> as well as one vote for each Original.<\/p>\n\n\n\n<h1 class=\"wp-block-heading\" id=\"final-remarks\">Final Remarks<\/h1>\n\n\n\n<p>NFT-backed movie productions like \u201cProject Iceman\u201d,&nbsp; \u201cA Wing and a Prayer\u201d and \u201cWhite Rabbit\u201d show how NFT technology is facilitated to effortlessly raise funds. Thus, NFTs are a great tool to easily and independently fund one\u2019s project. <\/p>\n\n\n\n<p>Besides being highly community driven, NFT drops are available to a large investor base overcoming the challenges of financing one\u2019s project.Funding your project using NFTs can be another complex process. With Token Tool you can easily <a rel=\"noreferrer noopener\" href=\"https:\/\/tokentool.bitbond.com\/createnft\/ethereum\" target=\"_blank\">create an NFT<\/a> and offer it to the public, empowering you on your community funded project. It is very easy to use and does not require any coding, relying on years of expertise in the field.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NFTs have proven to be a great alternative to crowdfund for projects in a more independent manner. Learn about the top successful projects that raised funds via their communities using NFTs<\/p>\n","protected":false},"author":8,"featured_media":1964,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[13],"tags":[],"_links":{"self":[{"href":"https:\/\/www.bitbond.com\/wp-json\/wp\/v2\/posts\/1956"}],"collection":[{"href":"https:\/\/www.bitbond.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitbond.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitbond.com\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitbond.com\/wp-json\/wp\/v2\/comments?post=1956"}],"version-history":[{"count":7,"href":"https:\/\/www.bitbond.com\/wp-json\/wp\/v2\/posts\/1956\/revisions"}],"predecessor-version":[{"id":3031,"href":"https:\/\/www.bitbond.com\/wp-json\/wp\/v2\/posts\/1956\/revisions\/3031"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bitbond.com\/wp-json\/wp\/v2\/media\/1964"}],"wp:attachment":[{"href":"https:\/\/www.bitbond.com\/wp-json\/wp\/v2\/media?parent=1956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitbond.com\/wp-json\/wp\/v2\/categories?post=1956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitbond.com\/wp-json\/wp\/v2\/tags?post=1956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}