Speaking at the NFT NYC conference, well-known director Spike Lee said that using NFTs to fund films will bring more democracy to filmmaking. However, Lee also acknowledged the risky nature of NFT investing, stating that “no matter what you do, you have to do research.” In addition, Lee also hinted that a new NFT project will be launched “soon.”
However, when asked by an audience member if he would use NFT sales to fund his own projects, Lee replied: “Maybe in the future, but not now.”
Spike Lee is an American filmmaker, director, screenwriter, and actor. In August 2015, he received the 88th Academy Award for Lifetime Achievement. On February 25, 2019, he won the Best Adapted Screenplay at the 91st American Academy Awards for “BlacKkKlansman”.