Non-fungible tokens or NFTs are a version of a piece of digital art that come with a certificate of authenticity and are recorded on the internet’s ledger. NFTs have become popular in the art and content creation world. We have seen NFTs of art, music, magazine covers, and more. However, NFTs are not yet popular in the movie industry, and Kevin Smith wants to change that.
Kevin Smith to sell his movie as an NFT
Filmmaker Kevin Smith has revealed that he will be releasing his latest horror anthology “Killroy Was Here” as an NFT. This comes at a time when NFTs are gaining massive attention from the media and entertainment world.
In an interview with Deadline, Smith said he would auction off his work on Jay and Silent Bob’s Crypto Studio. He stated: “As an indie artist, I’m always looking for a new platform through which to tell a story. And Crypto has the potential to provide that.”
Smith became popular in the movie world after directing, producing, and performed in the low-budget film Clerks. He revealed that his independent studio would host what it terms “Regular Drops,” designed around “Smokin’ Tokens.” The tokens commemorate a different Jay and Silent Bob movie.
The movie director added that he has partnered with media and technology company Semkhor to produce and distribute the NFTs. He stated that “This allows us to shine a spotlight on artists we love and introduce the community to their style by way of our characters. We provide the Jay and Silent Bob, you provide the art, our partner Semkhor mints the NFT, and we split the profits. I’ve earned money off of Jay and Silent Bob for years now, so it’s nice to provide a licensed place where others can do the same.”
NFTs are becoming popular in the entertainment world
Non-fungible tokens have created a unique way for artists and content creators to develop and get full credit for their work. Thanks to the unique features of blockchain technology, such as transparency, immutability, and smart contracts, NFTs are revolutionizing the way we see art. Hence, the reason why several artists and media companies are entering the space.