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Godzilla vs Kong is the latest entrant in the NFT space

Legendary Entertainment will release an exclusive “Godzilla vs. Kong” NFT collection on the same day the film hits theatres and HBO Max. It marks the first official NFT art release in collaboration with a major studio.

Studio’s executive vide president of finance management Jame Ngo said:

“Godzilla vs. Kong had an incredible launch internationally, and we are excited to bring that energy to the block-chain.”

An Australian digital concept artist BossLogic (Kobe Abdo) and Terra Virtua Ltd. will create the digital collectables. These will be available for purchase for a limited time on Wednesday at 3:30 p.m. PST.

The artwork titles include:

  • “God vs King”
  • “King vs God”
  • “MachineGod”
  • “Legends will Collide”
  • “One Will Fall”
  • “Godzilla Steps Up”
  • “Kong Steps Up”

On this announcement, BossLogic commented:

“I’m beyond excited to collaborate with Legendary Entertainment on such an epic event with two of cinemas most treasured IPs brought together for one earth-shattering experience. As a massive fan myself, this one is truly special for me.”

The entertainment industry is making inroads into the NFT space

The “Godzilla vs Kong” release is the latest NFT move with the entertainment industry. Earlier this month, Musical group Kings of Leon released their album “When You See Yourself” as an NFT on ticketing platform YellowHeart which is based on a public blockchain.

Oscar-nominated documentary, “Claude Lanzmann: Spectres of Soah” were sold at an auction as an NFT at a translated price of $375,000. The film comprises the life and work of the director who was a contender in the 2016 documentary short Oscar race and aired on HBO.

The world’s first movie to be sold as an NFT is the independent film Lotawana. The team behind the film sold the rights and world premiere of Lotawana on Blockchain marketplace OpenSea. 1,000 shares were made for the film with the rights priced at $1,000 and world premiere shares at $100.

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