NFTS, Non-fungible Tokens. Over a few months the ultimate future of supposedly everything, then cynical investment scam with lovelessly generated monkey pictures that pollutes the environment. What started as an idea to enable ownership and uniqueness in the digital space by a kind of title deed for a digital object stored on a blockchain is now, in the eyes of the Internet public, primarily a sign that a company is looking for new ways to make money.
An accusation that Warner Bros. is hitting with full force. They have announced a new version of The Lord of the Rings: The Fellowship of the Ring as an NFT that should make fan hearts beat faster. Yet even Middle-earth ultras are horrified. Probably also because nobody understands what exactly the advantage of this new version is supposed to be.
Lord of the Rings NFT: what’s in the new version of The Fellowship of the Ring?
the The Lord of the Rings: The Fellowship of the Ring (Extended Edition) WEB3 Movie Experience was declared by Warner Bros. in a press release “multimedia living NFT” presented as “Exciting new way for fans to interact with the film through two dynamic menu experience options”. The fantasy classic seems to be just the beginning here, further projects are being planned.
But what does that mean in concrete terms? It depends on how much money you want to spend:
After the purchase you will find the “Movie Experience” in your wallet and can access it from there.
Why Lord of the Rings fans are pissed now – and would rather keep their old DVD boxes
The news hit Twitter like a bomb. The main criticism of many usersbesides the fact that the topic of NFTs seems out of date in the eyes of most: They just don’t understand the “The Lord of the Rings: The Fellowship of the Ring (Extended Version) Web3 Movie Experience”.
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“That’s the bottom line an insanely overpriced DVD menuwhich you can only view in an internet browser”, the stunned user tharfagreinir states. Another, bram_ibr , shares the image of a DVD box with additional artbooks and says matter-of-factly: “There is.”
One of the key aspects of NFTs is that while the visual aspect of an image or a video can be duplicated infinitely, they are the unique property of a specific person. None of this is the case with the Lord of the Rings NFTs. On the one hand, several people can buy the same edition, on the other hand reveals a look at the terms and conditionsthat of course you never acquire rights to the film or the bonus material – as user tprstly reveals.
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Lord of the Rings fan vagrant_dwarf sums up the general mood pretty well in one tweet: “Are you fucking kidding me?” Or to put it more soberly, like the online magazine The Verge : The Movieverse planned by WB “makes less sense the more you learn about it”.
The Rings of Power Podcast Episodes 7 and 8: Recap, Revelations, and Season 2 Outlook
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We analyze the finale, discuss the big Sauron reveal, and pull together what’s already known from Season 2 of the Amazon fantasy series.
How do you feel about NFTs in film?