The movie business is more capable than merely creating the next big hit. For die-hard movie fans, they are currently releasing fantastic NFT collections!

Non-fungible tokens (NFTs) have recently made their way into the film and television sectors after making their way into the digital art, games, and music industries. NFTs not only stop piracy and other intellectual property-related problems but also alter and speed up the expansion of the entertainment sector.

Additionally, they allow production companies an extra source of income and filmmakers a fresh way to share their works with audiences by giving them access to movie segments that can be more valuable than a cinema ticket. Even if you may have seen some of the movies on the list below, you might not be aware that each one has its unique NFTs! After you finish reading, you might want to take some of these NFTs homes, so get your crypto wallet ready.

Zero Contact

The first Hollywood feature film to be produced and released as an NFT via Vuele, the first direct-to-consumer full-length film distribution and viewing NFT platform, was Zero Contact, which debuted in September 2021. The “Exclusive Edition,” which costs US$59 and includes the feature-length movie, a behind-the-scenes featurette, an autographed digital poster, and three character biographies, and the “Collector’s Edition,” which costs US$25 and only includes the feature-length movie and an unsigned digital poster, are the two NFT bundles that Vuele offers customers to collect. By distributing and marketing the film as an NFT, the corporation made close to $100,000.

The NFTs didn’t let the makers of Zero Contact down if they were testing the waters. The movie’s success suggests that the worldwide cinema business may move toward releasing films as NFTs in the future, with Zero Contact serving as the model that studios will adopt.

In The Mood For Love

In The Mood For Love is another example of how NFTs have been successfully incorporated into the film business, similar to Zero Contact. The movie was a great hit when it was first released in 2000. Wong Kar Wai, the film’s director, chose to make an NFT from a portion of his critically acclaimed work. He sold the unpublished material, titled “In The Mood For Love – Day One,” taken on the first day of the movie’s 1999 production. It was an hour and a half lengthy.

The video clips and two text files containing the copyright clauses and the subtitles were auctioned at Sotheby’s for HK$4.284 million (US$545,756.75). “Today, we may recreate the first day and make it eternal. This arrow has the potential to change the course of blockchain technology.

“Here’s to more of us chasing the first spark in every flash,” Wong exclaims. Two decades later, the money made by such brief NFT video footage lends the movie significant value and further validates its commercial success.

Dune

Dune, a six-time Oscar winner, is unquestionably one of the most well-regarded movies of 2021. Warner Bros. and Legendary Pictures collaborated with iv gallery, Lineage Studios, and MakersPlace to release two sets of digital artefacts for Dune dubbed “Dune: Future Artifacts” as part of the movie’s marketing campaign.

On September 22, 2021, the first set—which contained computer sculptures made in the performers’ likenesses—was made available. The second set, released on October 22, 2021, and the movie’s premiere in 2021, included new virtual sculptures and weapons.

Interestingly, the auction of Jodorowsky’s Dune, an artbook created by director Alejandro Jodorowsky as he prepared for an adaptation of Dune fifty years ago, has drawn more attention than the memorabilia from the movie itself. Jodorowsky was allowed to helm a film adaptation of Frank Herbert’s sprawling science fiction novel Dune in December 1974; the project was abandoned due to a lack of money. There are still some copies of Jodorowsky’s Dune spread over the globe; one was auctioned off at Christie’s and sold for almost US$3 million to the Spice DAO NFT organization.

Since then, Spice DAO has made it clear that they do not want to adapt Jodorowsky’s Dune but rather to develop an utterly creative work based on the original narrative. By converting the book into an NFT and generating an animated version of the book, the anonymous group hopes to spread awareness of the work. Nevertheless, the book and not the copyright are included in the US$3 million payment.

83

Bollywood also adopted the international NFT trend. The sports drama 83’s director Kabir Khan announced a partnership between the movie and NFT Labs and influencer-based platform Social Swag to introduce the film’s exclusive digital collectibles on the Polygon Blockchain on December 23, 2021. The 83 artefacts include genuine cricket memorabilia that has been personally signed, animated digital avatars, video scenarios, and never-before-seen posters and photos.

“1983 will always be remembered as the year that forever altered Indian cricket. The tale of the World Cup triumph has been passed down through the generations and is now timeless. For the first time, people can now own a portion of that occasion and a piece of history thanks to NFTs! Explains NFT Labs CEO Atharva Sabnis.

Also, read – Top 2 NFT Trends That Are Changing The Entertainment Industry

1968 Barrack O’Karma

NFTs are gaining momentum in the broadcast business as well. Television Broadcasts Limited (TVB), a Hong Kong-based broadcaster, continued the legacy and produced a second season of the supernatural romance drama series Barrack O’Karma (2019) this April.

Following the show’s conclusion that same month, TVB made 1,000 LanBo NFTs available for fans to collect on the Ethereum blockchain in response to the popularity of the animal character. The LanBo NFT is available in various looks that complement both the scene and the characters’ physical characteristics in the play. LanBo, for instance, might be carrying Joel Chan’s character Maurice’s camera in front of the Twilight Mansion.

NFTs, give creators more freedom and access to the entertainment business by enabling them to independently produce movies, in addition to being a potential new source of income. Filmmakers can explore new options and offer variety to the global entertainment sector while enjoying greater creative and distribution independence, which may be the next turning point worth expecting.