News

New NFT Company Sells Out World’s First Collectable Movie

May 12, 2021 (Investorideas.com Newswire) A UK pioneer sharing entertainment content through non-fungible tokens (NFT) has announced it has sold out its latest collectible movie, with the film the first of its kind in the world to be distributed this way.

NiftySplits is set to capitalise on the growing NFT industry, which has already seen significant value sales of art and sports collectables, with the release of its latest film ‘Kevcoin the Movie’.

KevCoin the movie is is an independent comedy feature made in the UK via One Light Productions and produced by Danny Wimborne. The now sold out NFT gives viewers access to a download link to watch the movie, as well as unique artwork to enhance its appeal as a collectible.

Founded after 25-years of entertainment creation, marketing and business experience, NiftySplits launched in November 2020 and is focused on creating unique digital assets with entertainment brands as a means of adding value and proof of ownership to mediums such as films, music, books, games and art.

NFTs use blockchain technology as an online ledger which can’t be tampered with, whereby digital ownership of content stored on the internet and in physical goods can be more easily proved. It is believed to have a bright future for creators wanting more control over how much their content can sell for, as well as being able to set royalty fees on resale for long-term income.

Jason Attar, Founder of NiftySplits said “We placed the film as an ongoing experiment to understand the process and possibilities of NFTs. We were so surprised at the speed in which it sold out.

“By showcasing the breadth of new markets available to traditional content owners via NFT and blockchain, we hope to build both third party licensing and original content as a scalable business.

“We are building software solutions to enable NFT plug and play functionality on third party websites and apps.

“The unique aspect of NFTs is the fact they can be resold, with the original publisher claiming a typical 5%-20% royalty. This is written into the code of the NFT for life. It transforms the long-tail on content revenue, upon which, depending on the rarity of the digital goods, could easily see the value increase over time.”

NiftySplits is currently negotiating with rights owners of some the most iconic moments in cinema, with the view to sell new NFT collectables as part of the NFT ecosystem.

For more information on NiftySplits, visit https://niftysplits.com/.

About

Based in the UK, NiftySplits was born out of a longstanding passion and understanding for blockchain and its future capabilities.

We see the future of NFTs as a brilliant way to offer new ways of owning, sharing and getting closer to entertainment brands and content.

Adding long term value to buyers and long term revenue for owners through super-quick and transparent payment methods, NFTs are a way of reaching fans in a totally meaningful way.

Contact

Dakota Digital
MEDIA CONTACT: Rebecca Appleton
EMAIL: [email protected]
UK TEL: 01623 428996
US TEL: 1 917-720-3025

More Info:

Investorideas.com Newswire

This news is published on the Investorideas.com Newswire – a global digital news source for investors and business leaders

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.

More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Follow Us on StockTwits

Buy a crypto guest post on Investorideas.com

What's your reaction?

Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

Leave a reply

Your email address will not be published. Required fields are marked *

More in:News

News

Bonds Didn’t Disappoint

December 3, 2021 (Investorideas.com Newswire) S&P 500 sharply rebounded, and signs are it has legs. ...
Next Article:

0 %