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Legendary Entertainment was the first production studio to launch an NFT art collection

Posted: Sun Jan 26, 2025 10:45 am
by shishir.seoexpert1
Hollywood studios, television channels, record labels and even newspapers: many publishers and content distributors, especially in the United States, have succumbed to the NFT trend. Nine months after Jack Dorsey’s first tweet sold for $2.9 million, the media are exploring the possible uses of NFTs to promote content, consolidate audience bases and possibly seek new sources of revenue. I n 2021, NFT sales exceeded $13 billion. At the cinema NFTs can be used to promote the release of a film, for example Warner Bros. has teamed up with the Nifty’s platform for the arrival in theaters of the fourth installment of The Matrix , scheduled for December 22.


100,000 avatars representing characters living in the gambling data israel matrix are being put up for sale, at $50 per token. Some film writers and producers also see NFTs as a crowdfunding tool that could shake up and modernize Hollywood. For example, producer Niels Juul wants to raise between $8 million and $10 million by selling 10,000 NFTs to fund a Martin Scorsese film . To celebrate the release ofGodzilla vs. Kong, digital artist BossLogic and Terra Virtua Ltd created a limited number of digital collectibles.


Autograph , the NFT platform co-founded by Tom Brady, has partnered with film giant Lionsgate to develop digital content based on its most famous audiovisual properties : John Wick, Hunger Games, Twilight, Mad Men and Dirty Dancing. Quentin Tarantino Announces NFT Auction of Scenes from Original Pulp Fiction Manuscript Disney just announced its "metaverse ," an extension of Disney+ through the "three-dimensional canvas" it envisions for new types of stories, which could involve a cast of characters ranging from Mickey Mouse to Snow White to Iron Man to Luke Skywalker.


TV channels For American networks too, NFTs represent a new frontier to consolidate the link with the most loyal audiences. CNN has launched Vault , a platform on which it resells, in the form of NFTs, historical airtime moments, such as the fall of the Berlin Wall or the presidential elections. A way for the network to monetize its vast library of archives. ViacomCBS (CBS, MTV, Nickelodeon, Paramount Pictures) has partnered with NFT platform Recur and hopes to launch a space next spring where fans can buy, sell and trade items related to its iconic franchises.