“Let’s make a sustainable industry and allow the people who support it to benefit from the rewards” says Biracy CEO and Founder David Geertz;
Vancouver, BC (PRWEB) December 23, 2009
In the face of increased number of independent productions, increased production costs, diminished funding sources and limited funds available, forward-thinking members of the industry have been casting about for creative ways to fund films. An innately expensive undertaking, the making of a film is often decided by the deep pockets of the companies and individuals funding the project. These decisions can heavily influence the final product with ultimatums about creativity, casting, product placement, etc. Further, financial pressures are constraining the industry as piracy cuts into independent film revenues.
The Biracy Project™ is a social experiment in crowdfunded filmmaking which will build the audience in advance and give the audience the power to make decisions on how the film will be made.
“Let’s make a sustainable industry and allow the people who support it to benefit from the rewards” says Biracy CEO and Founder David Geertz; and added with a sarcastic chuckle “Ultimately, we’d love to end this piracy problem by making the pirate a buyer.”
Geertz has a solid history in the film industry ranging from production to media distribution. His frustration with the constraints placed on filmmakers by the financing bodies has led him and a solid team of experienced professionals to develop the Biracy Project™ concept.
The Biracy crowdfunding model starts with people choosing their membership level (minimum level is a $25 annual commitment). In exchange, members have access to regular updates via video and blog entries, they get to vote or provide other input on decisions that pertain to the development and production of the movie and they receive a copy of the completed film, To compensate members for their participation, the Biracy Project™ includes a members’ only game, the “Producer Challenge”. Game points are awarded for tasks completed by participating members. In addition to determining the winner of the Producer Challenge, game points will be used to allocate 75% of the movie proceeds among the membership. The winner of the Producer Challenge will receive the Grand Prize of an Associate Producer credit on the film together with appropriate financial compensation.
A further incentive for members is the referral reward structure built into the referral only membership building structure. Members who choose to refer others earn referral fees. The membership levels are designed to suit the various referral styles of the members. All members have equal access to participation, but the higher cost memberships offer greater potential for referral fees.
The Biracy Project™ is the pilot project built on Binoir Media Inc.’s new social utility platform SoKap™. Once out of Beta phase, Binoir will make SoKap™ available to qualified producers of digital media to allow them to crowdfund, crowdsource and define their audience while incurring no debt in the process. The Biracy Project™ is currently seeking 1 million members to participate in the making of a movie.
Biracy: Make Movies. Make Money. Build an Audience.
If you’d like more information about The Biracy Project™, the SoKap™ utility or to schedule an interview with David Geertz, please call David at 778-988-4755. http://www.biracy.com
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