Filmmaker Kevin Smith to release ‘Killroy Was Here’ movie as NFT
Hollywood filmmaker Kevin Smith to release movie as NFT
Hollywood filmmaker and podcaster Kevin Smith becomes one of the first people to release a full film as an NFT.
"Killroy Was Here" director Kevin Smith has become one of the first people to release a full film as an NFT (non-fungible token).
The upcoming comedy-horror anthology, also written by Smith and Andrew McElfresh, will be available at auction with the buyer then having the rights to showcase, distribute and stream the movie.
"I've always tried to think outside the box and distribute my own movies," Smith, 50, told Liz Claman on Fox Business' "The Claman Countdown."
Smith says his friend and executive producer David Shapiro started talking to him about the idea.
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"What if we sold a 'Killroy' NFT – this one-of-a-kind, special NFT – that you buy in the crypto-verse but in the real world it comes with a bonus.. what if the real world bonus was distribution rights to ‘Killroy Was Here,'" Smith reasoned. "This movie we made with under a $1 million-dollar budget."