Lord of the Rings NXT Collection Launching as Movie Studios Web3 Push

Warner Bros. Studios announced that they are launching an NFT collection for The Lord of the Rings: The Fellowship of the Ring.

Officer The Twitter account for the Warner Bros. NFT Collection announced today that they are offering a Web3 movie experience which has never been seen before. Warner Bros. has partnered with content-native blockchain Eluv.Io for Web3.

Lord of the Rings NFT Collection: What does it offer?

There are two different types of versions in the collection, which goes live on WB Movieverse tomorrow.

The Premiere Mystery Edition will feature an expanded version of the full-length feature film in 4K Ultra High Definition (UHD). The collection costs $30 and includes over eight hours of special features and commentaries. Additionally, there will be a location-specific image gallery and location-specific AR collectibles. The version will have 10,000 NFTs.

Premier Epic Edition is an ultra-rare collection of 999 NFTs. This edition will cost $100. It will include all the benefits of the Premier Mystery Edition, and in addition, it will have included image galleries in all three locations and bonus galleries. It will also have AR collectibles at all three locations.

Community reaction to Lord of the Rings NFT Collection

The community has given mixed reactions to the decline in NFTs. What do a section of fans believe the Warner Bros studio is focused on? plans of mind Instead of innovation and imagination. they think it’s the same streaming, but it is harder to obtain and costs more money. A Twitter user expressed that they want the archive failed miserably,

Lord of the Rings Warner Bros.
Source: Twitter

While on the other hand, NFT enthusiasts are Publicity About the drop. They believe it’s a step mass adoption,

Lord of the Rings Warner Bros.
Source: Twitter

Media and Content in Web3

A strong use case for NFTs could be around movies and multimedia content. NFT offers fans a true sense of ownership when compared to streaming movies on Netflix. Because of these factors, Hollywood is exploring NFTs and Web3.

Dapper Labs signed a deal with Hollywood’s leading talent agency William Morris Endeavor Entertainment (WME) a ​​few days ago. The deal could open up opportunities for some Dapper Labs signature NFT collections to join Hollywood movies like CryptoKitties and NBA Top Shot.

There have been many other developments from other popular studios as well. community is Hope Other studios like Star Wars, Marvel, and DC to jump on the NXT bandwagon.

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