DAOs are community-run entities with no central authority. The rules here are written in source codes. But can DAOs finance projects? Our answer is yes.
The animated movie The Rise of Blus: A Nouns Movie is said to be the first animated movie supported by the DAO with a budget of $2.75 million. The film was produced by Atrium studio. The film's budget will be paid out incrementally, depending on team progress and community funding. This movie is very important in terms of inspiring those who want to use blockchain in new commercial ventures. In addition, we can say that this movie opened a new field by integrating NFTs into the DAO structure and set an example for others working in this field.
https://webrazzi.com/2022/03/02/dao-nedir-nasil-calisir/
https://nftnow.com/news/nouns-dao-and-atrium-launch-first-animated-movie-funded-by-a-dao/
