The NFT collection will unlock opportunities for lovers of animated films, starting with Legend of Two Heroes.
CROWN Token’s NFTs will be available on the platform’s ADOT NFT marketplace.
The Legend of the Two Heroes NFT series features 590 NFT mints from 39 NFTs.
CROWN Token Project, a Web3 platform that bridges the traditional IPs market with blockchain, has launched its first non-fungible token (NFT) collection.
The NFTs debut is on ADOT, the CROWN Token’s own NFT marketplace, and will roll out with a limited-edition of the animated film Legend of the Two Heroes.
According to a press release shared with CoinJournal on Tuesday, July 18, the NFT series will showcase characters from the $15 million budget film from Hong Kong director Hernan Yau and renowned screenwriter Robert Lence.
Toy Story, Beauty and the Beast and Shrek are some of the feature masterpieces to incorporate Lence’s scripts.
590 mints across 39 NFTs
While Legend of the Two Heroes is in post-production and is scheduled for global release early next year, CROWN Token says its NFT series on the feature film will be open for minting beginning July 19, 2023. The timing of the mint will see NFT holders included in the film’s creation, right from ideation to release on the big screen.
Pan Lorattawut, CEO of VUCA Digital which manages the CROWN Token Project, said:
“It’s exciting to see this project with our ADOT marketplace come to life. We want NFT holders to be involved in the animated action film’s creation in every possible way. This is one of the ways we not only reward our ecosystem, but continue to expand the benefits of IPs.”
The limited NFT series will allow for 590 mints spread across 39 NFTs, with each NFT having 15 mints. Meanwhile, there will also be 5 rare NFTs each of which will have only 1 mint. Collectors can only buy the rare NFTs with CROWN Token, the platform said.
The top three main characters in the film to feature in the NFTs will later be added to an upcoming MMO role-playing game.
Although the global NFTs market size shrank alongside the broader crypto industry during the crypto winter, projections are that the market size will expand at a CAGR of 27.6% to $342 billion by 2032.
According to a report by Market Research Future (MRFR), key drivers of this growth will include cryptocurrency use and rising global demand for digital art.
CROWN Token Project expects its ADOT Marketplace to experience growth in coming years, with the utility of its token expanding as a result. CROWN Token is a crypto project by VUCA Digital, a blockchain consulting firm affiliated to IP management firm T&B Media Global.