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Roman Coppola Bets on Blockchain in Cannes

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variety.com
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Manori Ravindran International EditorDirector, writer and producer Roman Coppola is in Cannes to promote his blockchain-based filmmaking platform, Decentralized Pictures — an ambitious undertaking that the “French Dispatch” co-writer describes as “a very long-term endeavor.”While blockchain’s application in film financing has yielded mixed results over the years — many blockchain ventures that rocked up to Cannes years ago, for example, are now reportedly non-existent — Coppola says he’s taking Decentralized Pictures “very seriously” and that the platform has the backing of his production company with sister Sofia Coppola, American Zoetrope.“I’ve never done too many things over and over again,” said Coppola, citing his family’s own track.

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