While Web3 has yet to catch on outside of the cryptocurrency space, Film3 had a big moment under the spotlight in Park City, Utah, on Saturday when ‘Calladita,” a new film by director Miguel Faus, was named the winner of the Andrews/Bernard Award.

Established by renowned director Steven Soderberg and the Decentralized Pictures platform, the award provides $300,000 in finishing funds for noteworthy English-language films and shorts.

“Winning this award from Steven Soderbergh is a dream come true for me and the whole Calladita team and community,” Faus told Decrypt via direct message, adding that he believes that Film3 is the future of independent cinema and is the reason “Calladita” exists.

“Calladita” tells the story of Ana and, according to Faus, is a portrait of the Catalan high bourgeoisie, with a mix of realism and satire.