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Watrfall isn't accepting new investments

Watrfall’s deadline was November 1, 2025

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Watrfall

Ron Perlman’s got a plan for Hollywood
B2C Film
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Fully Funded
$1,000,000
Raised
1,165
Investors
Successfully funded and closed on November 1, 2025.
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Closed on November 1, 2025. Information may not be up-to-date. Campaign closed on November 1, 2025. Information displayed may not be up-to-date.
Problem Solution How it works Your share Perks Team
About Team Press

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by MR DTP LLC. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Subscription Agreement Watrfall - Form C-A.pdf
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Hear from some of the 1,165 investors in Watrfall


Show more

Highlights


Watrfall is a new film platform co-founded by Ron Perlman that gives power and profits back to audiences and creators. Fans vote for creative projects they want to see made. Creators keep control of their work with full transparency on finances. Everyone involved gets to share in the profits.

  • Co-founded by Ron Perlman, Michael Donovan, Dana Landry, Willie Morris
  • Investors get 100% of Watrfall’s net profits from the Inaugural Film Slate*
  • Investors get 5% of platform profits from all future films and shows*
  • Any creator can pitch their project for the Inaugural Slate
  • Investors vote to greenlight projects for development

*Projected profits are business model estimates and are not guaranteed.

Problem


Hollywood’s got a problem

Today, control of the money and the creative process for films sits in the wrong hands.

Audiences are subjected to endless sequels and franchise reboots. Creators are subject to endless notes from execs while middlemen extract a meaningful share of the profits.

Solution


Watrfall solves these problems — giving creative control back to creators and giving everyone who makes the magic a fair share of the profits.

Built on four principles

How fans and creators benefit

How it works


Watrfall members greenlight productions and share profits

Watrfall operates as a cyclical process.

FUND
Members fund the platform and the inaugural slate of 5-10 projects. We plan to move quickly on the first set of projects. The following Pitch, Review, and Voting phases for the inaugural slate of Watrfall Productions are expected to take place within approximately six months of launch.

PITCH
Creators submit scripts/projects for review. Anyone can pitch — Watrfall is an open platform.

REVIEW
Watrfall team vets projects for production viability.

VOTE
Members greenlight a slate of projects for creative development. Individual members get voting power proportional to their investment.

PRODUCE
The selected projects are funded for production on and off the platform.

DISTRIBUTE
Films and shows will be available for viewing on the Watrfall platform and through licensing agreements.

PROFIT*
Investors earn 100% of net profits on the inaugural slate and 5% of ongoing platform profits.  Distributions will occur on a bi-annual basis.

*Profits and distributions are not guaranteed.

REPEAT
New pitch session begins the next development cycle. Future slates may focus on special themes and genres.



Data Management and Security
Watrfall media storage, streaming and privacy protection is powered by Walrus, the data layer for on-chain entertainment.

Your share


Hollywood leaves scraps for the people who create the magic. Watrfall gives everyone their fair share from crew to creators to performers to fans.

Everyone who invests at this stage becomes a Founding Member, starting at just $100. Founding Members receive a special profit share available exclusively through this offering and bonus perks for being among the first to back this revolution.

Watrfall is based on the principle of financial transparency. Founding members own 100% of Watrfall’s film profits from the first slate and 5% of the platform’s profits.

5% Platform Profit-Share

Founding members receive 5% of the platform's ongoing operating profit. Revenue streams include films, TV shows, licensing, producer fees, merchandise, character spinoffs, and more.

100% Inaugural Slate Profit-Share

Founding members are entitled to 100% of Watrfall’s net profits* from the first slate (5-10 projects), after covering production and related costs. You’ll receive a proportional share based on your investment.

*Net profits are typically generated after the costs of production, distribution, and marketing are recovered. The amount and definition of Watrfall's net profit participation can vary depending on the project, its production and distribution cost, and the releasing partner, among other things.

Perks


Special investor perks

Founding members receive additional bonuses based on the size of their investment. Perks range from priority review of your project to Watrfall Investor Summits to special Hellboy collectibles to a meet and greet with Ron Perlman.

Team


A founding team of celebrated creators

We've been in show-business for a half century and we got fed up with traditional studios taking away more control and more money from the folks who actually make the art.

So we combined talents in A-List acting, voice-acting, and animation, plus a deep bench in film producing and financing. Now we’re building a new model, driven by fans, controlled by creators with a fair share of the profits for all.

Signed,


Deal terms


Funding range
$100K / $1M
100% of $100K minimum offering amount has been reached.

The maximum amount the offering can raise is $1M.
Learn more
Investment type
Revenue share

Security instrument: Class B Non-Voting Units

Price per security
$1
N/A
Minimum investment
$100

The smallest investment amount the issuer is accepting in this offering.

Deadline
November 1, 2025
Watrfall campaign will end on .
Learn more
How it works

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by MR DTP LLC. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Subscription Agreement Watrfall - Form C-A.pdf

Bonus perks

In addition to your Class B Non-Voting Units shares, you'll receive perks for investing in Watrfall.
Invest
$100
Receive
  • Founding member status & badge
  • Fast-track review + fees waived on project submission
  • Exclusive Watrfall investor newsletter
  • Raffle entry for “Special Thanks” credit on 1st Watrfall production
Invest
$500
Receive
  • Signed Watrfall investment certificate
  • Access to the Watrfall Digital Summit
  • Higher priority project review
Invest
$1,000
Receive
  • 5 years of free access to films and TV shows on Watrfall platform
  • Limited Edition Watrfall merchandise
  • Watrfall Investor Summit (in person)
  • Highest priority project review
Invest
$5,000
Receive
  • Unlimited lifetime free access to films and TV shows on Watrfall platform
  • Limited-edition glass collectibles (first 25 investors)
  • Priority placement of your project for voting
  • On-screen and IMDb credit in the Inaugural Slate of films
Invest
$10,000
Receive
  • Invitation to exclusive investor screenings
  • Lifetime free access to content on Watrfall for you + 3 friends
  • Hellboy Special: Ron Perlman-signed first edition Hellboy comic books and film poster
Invest
$50,000
Receive
  • Fast-track your script through Watrfall vetting
  • Unlimited lifetime free access to films and TV shows on Watrfall platform for you and 5 friends**
  • Be an extra in a Watrfall production
  • An invitation to a group dinner with founders including Ron Perlman
Invest
$250,000
Receive
  • “Executive Producer” credit on a film from the Inaugural Slate
  • Have your likeness animated into a Watrfall production
  • Appear on-screen in a future Watrfall production
  • Meeting with Ron Perlman
  • Pitch your script directly to Academy Award-winning producer M. Donovan

About Watrfall

Legal Name
MR DTP LLC
Founded
Dec 2023
Form
Wyoming Limited Partnership
Employees
0
Website
watrfall.com
Social Media
Headquarters
Google Map location of of Watrfall
1603 Capital Ave Suite 413 C1293 , Cheyenne, WY
Headquarters
1603 Capital Ave, Suite 413 C1293, Cheyenne, WY, United States 82001

Watrfall Team
Everyone helping build Watrfall, not limited to employees

Profile picture of Ron Perlman
Ron Perlman
Co-Founder
Golden Globe winner and Emmy-nominated actor/producer with over 40 years in film and television. He’s known for standout roles in Hellboy, Beauty and the Beast, and Sons of Anarchy, as well as extensive work in voice acting.
Profile picture of Dana Landry
Dana Landry
CEO
A leading producer behind some of the most beloved kids programming. Founded/ran/sold one of the world’s most successful animation studios.
Profile picture of Michael Donovan
Michael Donovan
Chairman
Academy Award-Winning producer of Bowling for Columbine. Named Canada’s Entrepreneur of the Year in 2017.
Profile picture of Willie Morris
Willie Morris
Co-Founder
Entrepreneur across technology and entertainment with exits in creative services and consumer products.
Profile picture of Daniel Fozzati
Daniel Fozzati
Product Strategy Advisor
Product designer turned entrepreneur, Daniel left Apple design management to grow his mobile security company from startup to IPO ('13), before launching UK’s first legal-tech accelerator. Now runs The Building Blocks, a web3 and AI venture studio.
Profile picture of Meyenehi Iduwe
Meyenehi Iduwe
CTO
Over a decade of experience in the software engineering industry, leading multiple start-ups to launch and beyond. Developed applications in spaces ranging from ecommerce to ride-hailing to fintech banking solutions.
3 more team members
Ron Perlman
Co-Founder
Dana Landry
CEO
Michael Donovan
Chairman
Willie Morris
Co-Founder
Daniel Fozzati
Product Strategy Advisor
Meyenehi Iduwe
CTO

Press

Ron Perlman Launches Watrfall Content Finance Platform fo...
Variety Variety
·
Aug 19, 2025

Actor Ron Perlman and other entertainment and tech investors have launch Watrfall, a platform for fans to invest directly...

Ron Perlman Launches 'Creator-Led, Fan-Focused' Media Dev...
TheWrap TheWrap
·
Aug 19, 2025

"Film and television lovers everywhere can have a real seat at the table," Perlman said of the content investment, creati...

Ron Perlman Launches Watrfall, A Creator-Led Financing & ...
Deadline Deadline
·
Aug 19, 2025

Ron Perlman has launched Watrfall, a first-of-its kind creator-led, fan-focused financing and content development platfor...

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Watrfall

Watrfall successfully raised $1,000,000 from 1165 investors on November 1, 2025
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Geneva, Brian, Francis, Ryan, Sara Jade, and 1160 others invested. 250 Reviews
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