Digital Nitrate Prize
In 2005, Edward Summer founded The Digital Nitrate Prize in order to encourage the research necessary to properly transfer and preserve the worlds motion picture heritage using the developing digital media. Based upon the X Prize, the Digital Nitrate Prize will offer a cash prize for the first individual, group or corporation which is able to exactly duplicate the look of nitrate film (nitrate motion picture film) using digital transfer and digital projection.
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“What we have we prize not to the worth
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Why, then we rack the value, then we find
The virtue that possession would not show us
Whiles it was ours.”
—William Shakespeare (1564–1616)