CNN, the WarnerMedia-owned news channel, is moving into the expanding NFT domain with a new offering dubbed “Vault by CNN.”
Later this month, the firm will start minting NFTs on the Flow blockchain of noteworthy moments from CNN’s forty-one year history. Subsequently, it will then sell them to people as digital collectibles. The 1st batch of news “moments” is to be disclosed. Nevertheless, the firm says it might include presidential elections coverage, CNN exclusives, or moments from world history.
CNN mentions that it is working with a 3rd-party business to produce a physical version of the non fungible tokens for some limited edition sets that
“Will include a premium video display case that will render a physical representation of the Moment on a screen.”
In the Frequently Asked Questions section, CNN explains the reason to launch the “Vault”. It mentioned,
“Until now, there has been no way to ‘collect’ these moments. Users can often find old footage online, or packaged up in documentaries, but they cannot ‘own’ them or display them in the way they can with a print newspaper or magazine.”
Non Fungible Tokens have progressively caught the eye of the entertainment industry, which witnessed the success of NFT programs like NBA Top Shot, and others are looking to modify it for themselves. Lately, Fox declared the formation of what it is calling Blockchain Creative Labs, staking hundred million dollars in the business unit, which will seek to generate NFT content and experiences based on Fox properties.
The Future is Now Media Group have launched a YouTube show called The Future is Now Digest, hosted by Miguel Francis-Santiago. Together […]
April 30, 2020
PRESS RELEASE — 10,000 participants are expected to join CHAIN2020 in Hong Kong on January 15, which aims to become one of […]
December 27, 2019
Binance is expanding its Audit and Investigations team again with the hire of former Europol dark web specialist, Nils Andersen-Röed. As per […]
September 22, 2021
Moody’s Investors Service, one of the world’s largest credit-rating companies is looking to hire staff to support research on decentralised finance, central […]
September 12, 2021