Kevin Smith to Issue ‘Comedy-Horror’ Film as NFTs on Secret Network

2 years ago

Kevin Smith, the filmmaker liable for cult classics similar “Clerks,” “Chasing Amy” and “Jay and Silent Bob Strike Back,” announced Wednesday that he’ll beryllium releasing his latest movie “KillRoy Was Here” arsenic a postulation of non-fungible tokens (NFTs).

Smith is tapping the Cosmos-based Secret Network for the launch, the aforesaid web that hosted Quentin Tarantino’s arguable ”Pulp Fiction” NFTs backmost successful November. While NFT plans for “KillRoy” person been discussed for astir a year, its details are conscionable present seeing the airy of day. A merchandise day is slated for immoderate clip successful Q2.

As with the Tarantino collection, Smith’s collectibles volition trust connected Secret Network’s “secret” sauce: making the contented of the tokens, which includes the “comedy-horror” film itself on with bonus behind-the-scenes footage, lone viewable to NFT holders.

“Everyone, particularly radical with fame, are utilizing NFTs arsenic a caller mode to marque money,” Smith told CoinDesk successful an interview. “But to maine it's a full caller originative playground. It reminds maine of the YouTube revolution, wherever kids were capable to make worldly successful a full caller way. I missed it then, but I won’t miss it again.”

Each NFT successful the postulation of 5,555 comes with its ain generative artwork, each a antithetic twist connected the film’s main character. Smith’s program is for holders to usage the characters to make contented of their own, and past diagnostic the champion creations arsenic the film’s sequel.

Smith has had a idiosyncratic involvement successful NFTs dating backmost to April of past year, making his NFT debut with “Smokin’ Tokens,” a postulation based connected his beloved “Jay and Silent Bob” characters. He said playing astir with the caller mean reminds him a batch of the indie movie abstraction successful the ‘90s, defined by creativity and experimentation.

“My imagination is for KillRoy to beryllium its ain self-thriving franchise wrong the satellite of crypto and NFTs, without ever having to measurement extracurricular of the blockchain,” Smith told CoinDesk.

Different from the Tarantino drop, Secret Network volition merchandise the postulation done Legendao, an NFT launchpad involving partners Semkhor and Curio.

While the non-fungible movie abstraction has really been burgeoning successful caller months, Secret Network’s unsocial exemplary has yet to beryllium recreated by competitors, who person chiefly utilized NFTs for funding oregon token-gated access to content, not embedding the contented successful the NFTs themselves.

“I’ll enactment it precise bluntly, I don't recognize what the constituent of token-gating is,” Guy Zyskind, laminitis of Secret Network, told CoinDesk successful an interview. “That’s pay-per-view, not NFTs. At the extremity of the day, if your NFT is conscionable entree to immoderate centralized server, wherefore not conscionable bash a login and password.”

At immoderate constituent aft the collection’s launch, Smith and Secret Network program to administer the movie much widely, though nary details person been decided on.

Holders volition inactive stay a cardinal constituent of the film’s community, Smith said, particularly for the aforementioned sequel.

DISCLOSURE

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Eli is simply a quality newsman for CoinDesk. He owns BTC, ETH and SOL.


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