The Tribeca Film Festival is shaking up the industry by selling VIP passes as non-fungible tokens. For this year’s event, it has partnered with crypto exchange, OKX, for the innovative offering to movie-goers.
Backed by Ethereum, these tokens will give holders exclusive invitations to events hosted by co-founders Jane Rosenthal and Robert De Niro, as well as early screenings of films featured in the festival! An astounding movie themed event that will take place on June 7-18.
The NFTs themselves feature designs inspired by the landscapes of Lower Manhattan, making them incredibly unique for anyone planning to attend. As such, VIP NFT passes, priced at $899 per pass, are available on the Tribeca website using a credit card. However, interested movie buffs can also pay for it in ETH as a discounted rate via the OKX exchange.
A Revolution in Entertainment Ticketing
NFTs are rapidly gaining popularity in the film and entertainment industry as a new way to monetize digital content. From movie trailers to virtual concert tickets, NFTs provide creators with new revenue streams and fans with unique and collectible experiences.
The Tribeca Film Festival’s decision to sell VIP passes as NFTs is just one example of how the industry embraces this technology. Furthermore, the diverse mix of people in the Tribeca audience makes it an ideal platform for educating the public about the technology.
Founded in 2002 by Robert De Niro, Jane Rosenthal, and Craig Hatkoff, the Tribeca Film Festival is an annual event held in New York. With over 600 film screenings and a diverse range of content, including films, episodic shows, talks, music, and more, the festival delights its 150,000+ attendees each year.
These NFT passes form part of a broader partnership with OKX, which signed on as the festival’s top sponsor last year.
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*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.
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