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.

Recent Posts

How to determine if a company is using blockchain technology correctly?

In today’s Digital era, every company needs to effectively utilize blockchain technology. This latest technology,…

8 months ago

Possible ways to utilize Bitcoin for entertainment and rewards

Digital assets, often known as cryptocurrency, have completely changed the financial industry. They have also…

9 months ago

What Is The Future Of A Crypto Career?

Building a career in the crypto industry appears realistic and optimistic, as there is a…

2 years ago

Navigating regulatory challenges in the Nigerian cryptocurrency market

Introduction The CBN has moved to develop a regulatory framework for cryptocurrencies. In June 2019,…

2 years ago

The Role of Crypto Exchanges in UAE’s Strategy to Attract Tech Talent

Introduction  The UAE has become an attractive destination because of its liberal visa policies. It…

2 years ago

Investing in Singapore’s crypto exchanges: opportunities and risks

Introduction  As a global financial hub, Singapore has seen tremendous growth in the cryptocurrency market,…

2 years ago