Movie Space Jam distributed over 90,000 character NFTs

Warner Bros., the distributor of Space Jam: A New Legacy, has distributed 91,000 NFTs for the film free of charge.

Space Jam is a movie starring LeBron James, one of the top NBA players. Warner Bros., in charge of distributing this movie, distributed 91,000 NFTs of characters appearing in the same title. NFT is to prove ownership of digital content based on blockchain technology. Digital content can be copied infinitely, but it is now possible to claim ownership by turning it into NFT content.

NFT has recently been attracting attention because it can be bought and sold, and in March 2021, one NFT art was bid for $69 million, drawing attention. Warner Bros. is distributing Space Jam NFT free of charge to users who register for a new account at Nifty’s , which started as a social platform specializing in NFT for connecting creators and collectors who make NFT contents. In addition, if you share a post about the Space Jam NFT distribution campaign in Neftis on social media, you can obtain a second NFT for free. Also, if you want NFT, you can buy it from Niftis for $2.99.

The Space Jam NFT distributed by Niftis has five levels of items, and the higher the level, the more points are required. An official from Warner Bros said that NFT distribution is a fun and interesting way to increase fans’ love for their work, and they felt that this icon was perfect for distributing the Space Jam limited edition NFT.

The Space Jam NFT distributed by Niftis has 8 2D and 3D versions of Looney Tunes main characters and LeBron James ones. Also, since the distributed NFTs are random, it depends on luck which rare item you get.

Space Jam NFT is said to have been developed using the creative functions of Palm NFT Studio and blockchain technology. It is explained that NFT production is possible in an energy-efficient way using the Palm NFT Studio tool, and the power consumption is reduced by 99% compared to the existing one.

Space Jam NFTs are still distributed free of charge, but Niftis plans to sell the NFTs in the form of an auction on the platform in the future. Niftis emphasizes that the company is an NFT social platform, and what makes its platform special is making NFT accessible to everyone, and that it offers more than just content trade, including participation.

The reason Warner Bros chose Niftis as a partner is that they are focused on building lasting relationships for their fans, and that it was important to make NFT programs interesting for them. He said he hopes to take it to the next level.

Of course, this is not the first time film NFT has been distributed. Godzilla vs Kong also sold its own NFT content in time for screenings in the United States. Related information can be found here.