This is the first formal test of the "Inkjet Printed Film Process." The frames of video are arranged on a Super8 template in Photoshop and printed on transparency film (the kind used for overhead projectors.) Then, sprocket holes are cut out and the film is spliced together.
This video is a screenshot of the projector's movie screen. You can read more about this project at jesseengland.net
Note: It used to be called the England Printed Film Process, but has been renamed the Inkjet Printed Film Process for clarity.