Blockchain News

Wax to Host an NFT Promotion Between a Studio and a Theatre Exhibitor

WAX, among the most prominent blockchain systems in the NFT industry, has revealed that it’s been chosen as the authorized blockchain for Sony Pictures & AMC Theatres’ “Spider-Man: No Way Home” NFT campaign. A sum of 86k brand new NFTs has been issued for AMC Stubs Premiere & A-List and AMC Investor Connect users, which would be distributed through the WAX Blockchain.

A specialized webpage run by WAX will make the redeeming process as simple as possible. This is consistent with the platform’s objective to have NFTs available to individuals at all levels of technical knowledge, which has been a primary driver of the platform’s popularity. WAX has earned a reputation as an environmentally friendly, high-performance, and consumer-friendly platform over the ages, which has contributed to its selection for promotion.

WAX Cloud Wallet’s ease of use and widespread adoption, as well as the lack of gas costs for minting, transmitting, and collecting NFTs, has made WAX one of the most significant challenges to the Ethereum Network’s supremacy in NFT sales during the last few years. With over 450k regular visitors and over 15 million payments executed, the number is expected to grow because an increasing number of individuals and corporations are utilizing NFTs. WAX has always maintained that blockchain technology and NFTs must be made available to the general public in an environmentally sustainable and consumer-friendly manner, and they are delighted that Sony Pictures and AMC Theatres have chosen them for this campaign.

WAX has formed a number of agreements in recent months, with brands such as Mattel, Funko, and Hasbro incorporating their technology into a few of their collections. WAX has also recently disclosed the launch from its own NFT initiative, “Blockchain Brawlers,” which would provide NFT fans with a unique experience in quite an extremely busy market.

William Saville

William Saville is a journalist and technical analyst with a background in finance. He has written for the foremost publications before getting into Latest Bitcoin News. Along with cryptocurrencies and blockchain technology, he is interested in the Forex market. He is closely involved in analyzing market trends of cryptocurrencies.

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