Antara, a film by Arabian Camels, will be released on January 12th.
New Delhi: Arabian Camels, an NFT community that is producing the Hollywood film 'Antara,' based on the life of medieval Arabian hero Antarah Ibn Shaddad, has announced that its NFT would begin on January 12.
It is connected with the cryptocurrency exchange MoonPay, allowing users to purchase Ethereum directly from the company's website.
The Antara Movie NFT is the first NFT that allows customers to part-own digital rights to a Hollywood film. Holders would be able to profit from box office and streaming earnings as a result of this.
In an unique cooperation with Swapp Protocol, NFT holders may obtain up to 80% return on their NFTs while manufacturing is underway.
Antara would be the first big film to be sponsored by an NFT as a result of this. The Antara Movie NFT aims to give buyers up to 50% ownership of the $50 million Hollywood war epic's intellectual property rights.
In addition, members of the Arabian Camel NFT community will own a piece of the film, have roles in it, be credited as producers, and join the production team for private meetings with the actors and crew on the set in the Arabian Desert.
On January 12, only individuals who hold an Arabian Camel NFT will be allowed to participate in an exclusive pre-sale minting for the Antara Movie NFT.
"The Arabian Camels will have a huge influence on Hollywood." "This is an exciting and groundbreaking step that will breathe fresh life into the movie industry," stated producer Josef Brandmaier.
Arabian Camels has also worked with Dominic Ryder, the CEO of vEmpire, a cryptocurrency whose token has recently risen 1,500% in value to a market price of $100 million.
The multiplayer raiding game is anticipated to solidify the Arabian Camels brand and the Antara IP in the Metaverse, as well as provide an additional layer of value to Arabian Camels owners.