NFT

Warner Bros. Plans ‘The Matrix Resurrections’ NFT Project (Exclusive)

Warner Bros. Plans ‘The Matrix Resurrections’ NFT Project (Exclusive)

BY ALEX WEPRIN | HollywoodReporter.Com Troy Warren for CNT #Digital #Technology The studio and partner Nifty's will sell 100,000 unique 'Matrix'-inspired avatars, and next month the buyers will be given the option to transform them by taking a "Red Pill." The Matrix universe is expanding to the blockchain, the latest example in a series of efforts by traditional Hollywood power players to break into the non-fungible token (NFT) space.  Later this month Warner Bros. will release non-fungible tokens inspired by The Matrixfranchise and the upcoming film The Matrix: Resurrections.  Unlike other NFT projects based on Hollywood intellectual property, the Matrix project is instead taking its inspiration from…
Read More
What’s the big deal about NFTs? Here’s the madness behind these expensive digital tokens

What’s the big deal about NFTs? Here’s the madness behind these expensive digital tokens

Oscar Gonzalez | CNET.Com Troy Warren for CNT #Digital #Technology NFTs are selling out in minutes for thousands of dollars. We'll explain why. NFTs, or nonfungible tokens, can be tied to a video highlight, a meme or a tweet. But what are they? Think of NFTs as a digital asset that's expensive but may make you a lot of money in the future (or maybe not) -- similar to cryptocurrency but not quite (more below). But it doesn't quite mean that you own an asset or piece of art (more below).  The tokens are so popular that Time Magazine's 4,500 TIMEPieces reportedly sold…
Read More
Los Angeles: An L.A. Real Estate First: Houses Accept Buyers’ Bitcoin and Display NFT Art

Los Angeles: An L.A. Real Estate First: Houses Accept Buyers’ Bitcoin and Display NFT Art

BY HADLEY MEARES | HollywoodReporter.Com Troy Warren for LosAngelesNewsAndTalk.Com In high-end contemporary listings, developers and brokers are experimenting with accepting cryptocurrency as payment and showcasing blockchain-authenticated digital art. The soaring contemporary architecture and breathtaking views of the Palazzo di Vista in Bel Air may seem well worth the $87.77 million it’s listed for. But the lucky buyer will also acquire a $7 million art collection, including an NFT (non-fungible token) art gallery, curated by MDP Art Curators, with works by Ghost Girl and BigHead Music Producer. “The art world is changing so fast in this digital world, so we thought, ‘Why…
Read More
‘John Wick,’ ‘Mad Men’ NFTs in the Works as Lionsgate Inks Deal With Tom Brady-Backed NFT Platform Autograph

‘John Wick,’ ‘Mad Men’ NFTs in the Works as Lionsgate Inks Deal With Tom Brady-Backed NFT Platform Autograph

BY ALEX WEPRIN | HollywoodReporter.Com Troy Warren for CNT Autograph also announced a deal with Draftkings, which will exclusively sell sports-related NFTs on a new marketplace it is creating. Non-fungible tokens (NFTs) of entertainment franchises like The Hunger Games, Mad Men, John Wick and Dirty Dancing are in the works, as Lionsgate has signed a strategic partnership with Autograph, the NFT platform co-founded by Tampa Bay Buccaneers quarterback Tom Brady. Autograph also announced a deal with Draftkings, which will exclusively sell sports-related NFTs on a new marketplace it is creating. Sports icons Tiger Woods, Wayne Gretzky, Derek Jeter, Naomi Osaka and Tony Hawk have signed on as advisers, and will exclusively sell their…
Read More