Warner Bros. Discovery to Release Lord of the Rings NFTs

Warner Bros. Discovery to Release Lord of the Rings NFTs

Each NFT features a 4K copy of the debut film from The Lord of the rings of Peter Jackson in 2001 along with behind-the-scenes footage, many stills, and exclusive assets inspired by the movie. Eluvio hosts the NFTs through its blockchain compatible with ethereum and the tokens will be published tomorrow on a website.

“The core digital assets themselves, not just the token, are on the blockchain,” Eluvio’s CEO told Decrypt, Michelle Munson. “Both are owned and certified, and all the streaming you’ll see with the movie is licensed and distributed from the blockchain.”

The news comes a day after the intellectual property broker of The Lord of the rings, Thomas Deywill take the audience of Mipcom Cannes to the mega agreement of Embracer Group for the intellectual property of the franchise, which was completed a few weeks ago.

Dey said that The Lord of the rings can become a franchise as big as Marvel either starwars and Embracer has big plans, especially in the gaming sphere. TV series The Lord of the Rings on Amazon Prime Videothe most expensive of all time, aired its last episode last week.

Source: Ambito

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