Dear Mogul Community,
It is with a heavy heart that I am announcing that I will be stepping down as the President of Mogul Productions, but I am incredibly excited for the future prospects of the company and what my resignation means in terms of bringing Mogul to the next level.
Since Mogul’s inception in 2018 I have had the pleasure of founding, launching, and growing the product and business. The accomplishments in the last five years include:
- First ever DeFiFi project
- Building best in class product
- Assembling the best team
- One of first-ever NFT projects
- Multiple firsts in NFT movie launches
- Partnerships with world-class businesses and individuals
The most pride comes with the product that we have built to bridge Web3 and filmmaking. The Mogul product has a true product-market-fit with filmmakers around the world who want to monetize their NFT rights on their film to get their stories told. Over the course of the last 5 years we have heard over and over again from Hollywood that the most difficult part of making a movie is the financing and community building; and that is exactly what Mogul helps filmmakers do.
As I wrote in my 2022 Year in Review, Mogul’s next step is to become ingrained into the Hollywood fabric as a mainstream tool for filmmakers to use when taking their projects from ideation to distribution, where STARS, NFTs, and Mogul Metaverse products are used for film financing, fan engagement, and distribution.
To become a multi-billion dollar company Mogul needs to transcend from a niche Web3 community to a world-wide film community using our Web3 products. Mogul needs to grow mainstream users who are using our film Web3 products every day for the betterment of making their movies.
Over the last 9 months I have been working with the Web3 Venture Studio, Aventus Ventures, to make a strategic investment in Mogul and place the proper C-Suite level team members within leadership positions in Mogul to take it to the next level. Early on in our discussions, it was clear that we would need a seasoned Hollywood team that has access to a large catalog of movies and talent. This is something that, to date, we have not done well with Mogul. We have excelled at Web3 development, business relationships, and community building, but have lacked mainstream adoption.
Aventus Ventures has created a Joint Venture partnership between Mogul Productions and Electric Panda Entertainment, whereby Electric Panda’s esteemed team will take over C-Level management of Mogul Productions to operate the film side of the business and Aventus Ventures’ internal team of Web3 professionals will oversee Web3 strategy and development.
With the addition of Matt Gigault as CEO I’m confident under his leadership he will take Mogul to new heights
Electric Panda’s accolades and team members include:
EP’s on the film that took Best Director Award at Sundance – Kindergarten Teacher in 2018. KT also played in Berlin and Tribeca and Hampton’s.
Gabriel Napora and Yas Taalat have been EP’s on some of the most critically acclaimed films of the last 5 years Including:
The Kindergarten Teacher
- Skin
- Driveways
- A Mouthful of Air
- The Informer
- Ms Purple
- And many others.
I have the utmost faith and have done incredible due diligence on this deal to ensure that Mogul is in the right hands to bring the business to the next level. I will remain on the Advisory Board for Mogul and do not see this as a good-bye forever, but rather a transition to put the business into the hands of the right people who have the capability to bring Mogul the notoriety and recognition in Web3 and Hollywood that it deserves
You will hear from the new Leadership next.
