Artists, filmmakers adopt blockchain tech; songs and movies could soon be released as NFTs

cnbctv18.com:

Blockchain services platform Zeeve believes that the media & entertainment industry is in the right place at the right time to capitalise on blockchain technology. The company’s recent blog post reveals that Hollywood is already working on monetising NFTs of famous actors and beloved film characters in collaboration with blockchain firms and NFT marketplaces.For instance, Clerks and Chasing Amy producer Kevin Smith is set to release his much-awaited movie Killroy Was Here through NFTs.

This means that only a select few buyers of the tokens will be able to get hold of it. He had launched the film’s trailer much earlier in 2020 at Comic-Con and later revealed that he was pursuing the NFT route in 2021.Killroy Was Here will be made available through 5,555 NFTs, with each copy featuring commentary and behind-the-scenes (BTS) footage.

These tokens shall be released on Legendao, the NFT mining platform by Secret Network, in collaboration with NFT platforms Semkhor and Curio. The NFTs are expected to become available later this year.

However, most fans who have been eagerly awaiting the release of the movie will, unfortunately, be unable to access it.Also Read| To NFT or not: The case of Paramount’s Star Trek and Ubisoft’s Ghost Recon Breakpoint“When you buy the KillRoy NFT, you get exclusive access to the movie. But more importantly, the specific version of KillRoy you get is YOUR KillRoy to do with whatever you want: Make your own movie, turn it into a cartoon, license him for lunchboxes! We started the story; now YOU get to continue it with your very own version of our titular character! And along with a brand-new chapter I’ll shoot next year, the shorts and animation that the KillRoy NFT owners create with their own