what will you do, if you dont get the 25k ? will you stop the work or what are you plans?
LiteCoinGuy,
I'll complete it regardless. We'll use our general funds, remove a day of shooting, find a sponsor, raise investment capital, and/or figure something out. We already have a ton of great footage. (I'll probably skip producing individual interviews with all of the key bitcoin players, which I think will be awesome, but I'll focus on the main program and get it done.)
Even @ $25k, it will be a loss-leader for SQ1.tv. If you notice, the primary thing we're focused on selling is $75 membership that includes access to either a NYC or SF event.
http://www.kickstarter.com/projects/sq1/the-bitcoin-phenomenon-on-sq1tvWe have 100 tickets to each. If we sell it out, that's $7,500 per event. It includes 1-year membership to SQ1.tv, screening w/ popcorn, a panel discussion, and maybe an after-party. With the event, I can probably also get it sponsored for considerably more - which is necessary, as putting on an event has a meaningful cost as opposed to simply showing the production online. But events are fun and good for the SQ1 brand.
My reservation with direct sponsorships of the film is this: It is psychologically tough to separate an advertiser from being an influencer in some way; they won't be, but I don't even like the appearance of it. The primary conflict I am looking to address is what happens with the Libertarian ideas of bitcoin as VC-backed startups attempt to take bitcoin mainstream. (We can't simply have VC-funded startups pay for sponsorships while the Free State Project or the like are on one side of it - there are two sides to this conflict.)
As such, my thought is to get the partnering sponsors to fund the event, while memberships back the production of the film. The event ends up subsidizing the movie and avoids any perception of conflict of interest.
If you are in NYC, Philly, NJ, or New England, get down to the event. If you are on the west coast, you need to get up/down to SF for the event. We'll do it in late fall.
