As such, the company has decided to make the process as smooth as possible for the non-Web3 initiated.

A major film studio releasing one of the most popular and beloved IPs of all time as a multimedia NFT experience could work wonders for onboarding people into the space and destigmatizing blockchain technology overall. NFTs and Web3, in general, don’t have a rosy reputation amongst the general public. Created in partnership with Eluvio, a network billed as a content blockchain for the creator economy, the announcement represents the first major studio film release in NFT form.Starting October 21, 2022, fans can purchase the movie as a multimedia NFT that allows them to engage with the film through two dynamic menu options - The Mystery Edition and The Epic Edition, priced at $30 and $100, respectively.Home Entertainment (WBHE) has announced the launch of what it’s calling the WB Movieverse with The Lord of the Rings: The Fellowship of the Ring (Extended Version) Web3 Movie Experience NFT, a company executive explained in an interview with nft now. The film is the first in an anticipated series of Web3 movie offerings from the company.

Warner bros movies 2022