Non-fungible tokens seem to be popping up all over the place lately. So why not on the big screen?
The virtual reality platform and digital collectibles Terra Virtua plans to launch a series of NFT collectibles (Non-Fungible Token) today from Godzilla vs. Kong created in collaboration with the film production giants Warner Brothers, among the first NFT releases to coincide with the release of a major movie.
Collectors can currently purchase retro-themed posters of Godzilla and Kong Island designs for $ 75. However, more elaborate animations will be published later. The Terra Virtua homepage currently has an active thematic waiting list and users have a ten minute window on the website to make purchases.
You’re in luck, considering that the film starts TOMORROW, we’ve decided to release not just one, but TWO exclusive 2DA posters. It really is time to decide which side to go with. Will you go #TeamKong or #TeamGodzillaHttps://t.co/qi5QZ4diLn#GodzillavsKong #GvK #NFTDROP #Legendary #NFT pic.twitter.com/lBq5bhSttI
to???? Terra Virtua HQ | Collect. Newly invented. (@TerraVirtuaHQ) March 30, 2021
Benefit versus Recognizability
As Godzilla and King Kong compete against each other on the big screen, NFT platforms are increasingly racing to determine who has the most features and the ability to access popular brands.
Several VR projects and games offer new ways to make NFTs more useful. Ecomi, a competing VR slash NFT project, has developed a fancy “Vault” feature on Twitter that allows users to enjoy their collection in augmented reality:
to???? Ecomi (@ecomi_) March 24, 2021
Terra Virtua is also working on a virtual reality feature for an “art gallery”.
In addition to the technical dynamics, many of these projects are based on highly valued intellectual property. Ecomi’s career from the Batman universe is a prime example, and the BBC entered the growing market by working with Reality Gaming Group on a Dr. Who worked together card game. May be The NFT project that made the most of the headlines was NBA Topshot, which features National Basketball Association highlights.
Warner Bros. also embarked on a promiscuous licensing strategy for Godzilla vs. Kong NFT will also release licensed digital memorabilia as artist Bosslogic and collector giant Topps.
However, when it comes to the breadth and quality of intellectual property, Terra Virtua can be independent. In addition to Godzilla vs. KongThe company has released IP releases of blockbuster titles like Pacific Rim, World War Z and Lost in Space, as well as classics like The Godfather and Top gun.
Jen Naiff, Terra’s Chief Marketing Officer, attributes a Total Legends executive team to extensive deal and acquisition experience across the catalog.
Our CEO, Gary Bracey, is a BAFTA nominated gaming industry veteran with over 25 years of experience. Doug Dyer is flying to Scotland while at Warner Bros to get a demo and JK Rowling’s approval for the Harry Potter video game he developed, ”he said.
As a result, identification and access to copyrighted property is “in our DNA”.
Ultimately, Having access to these brands is vital not only to growing your platform, but to the entire space as well.
As an industry, we need to make sure we’re telling the world outside of the land of cryptocurrencies the right story about NFTs so that owning a digital collectible becomes as natural as asking Google, Alexa, or Siri to play your favorite tune right now. “