The NFT drop is part of a new Web3 movie project dubbed Warner Bros Movieverse, and it marks Warner Bros as one of the first big media firms to drop digital collectibles from its blockbuster films.
For The Lord of the Rings NFTs, users have two alternatives. There’s the Mystery Edition, which mints a common, uncommon, or rare NFT based on The Shire, Rivendell, and Mines of Moria places in the film.
By purchasing one of these NFTs, the user gains access to the film’s expanded 4K version, eight hours of bonus features and commentary, as well as location-specific photos and AR souvenirs. This package includes 10,000 NFTs at a cost of $30 apiece.
The Epic Edition, which costs $100 for the first 999 NFTs, is the second choice. In addition to the longer 4K film and eight hours of bonus features and commentary, they offer image galleries and AR collectibles for The Shire, Rivendell, and Mines of Moria.
Eluvio, a blockchain technology company, is supporting Warner Bros’ NFT drop. Eluvio offers blockchain-based tickets, streaming, e-commerce, and other technologies to partners for creating Web3 content.
Eluvio is releasing the NFTs using its Ethereum-compatible network. At 4 p.m. UTC on Friday, October 21, Lord of the Rings enthusiasts may establish an Eluvio media wallet by going to web3.wb.com/warnermedia/movieverse.
The Fellowship of the Ring NFTs will be available to buy using credit cards, debit cards, or cryptocurrencies. After purchasing, you may access the web3 movie experience and watch the extended movie from your media wallet.
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