Star Director Quentin Tarantino to Release 7 Pulp Fiction NFTs. NFTs Will Become Even Bigger
Quentin Tarantino has become the latest big name to enter the nonfungible token (NFT) space.
Quentin Tarantino to Release 7 Pulp Fiction NFTs
Pulp Fiction director Quentin Tarantino revealed yesterday that he would auction off seven NFTs, making him the latest big name in the film industry to embrace nonfungible tokens. The NFTs will include never-before-seen content that would only be available to the buyers.
According to the latest report, the NFT collection will be called “Secret NFTs” and will be launched on the SCRT Labs’ Secret Network. Secret (SCRT) is a cryptocurrency and the native token of the Secret Network blockchain. Similar to the leading coins such as Bitcoin and Ether, users can hold their Secret (SCRT) in a wallet and spend it when they want to use Secret Network.
By launching the NFT on the Secret blockchain, they will have both a public-facing and secret element. The public-facing aspect of the NFTs will be comprised of uncut Pulp Fiction scenes. Each of the NFTs will also come with a secret piece of content that only the buyer can access.
Tarantino said, “I’m excited to be presenting these exclusive scenes from Pulp Fiction to fans. Secret Network and Secret NFTs provide a whole new world of connecting fans and artists, and I’m thrilled to be a part of that.”
The statement revealed that amongst the seven NFTs, the secret elements would comprise the uncut first handwritten scripts of Pulp Fiction. They will also come with exclusive custom commentary by the director himself, revealing secrets about the movie and its creator.
NFTs have become very popular in the arts and entertainment world, and more people are eager to learn about them.
SCRT Down by 2.5%
SCRT, the native coin of the Secret network, is down by more than 2.7% over the past 24 hours despite the news of Tarantino launching his NFTs on the blockchain. At the time of writing, SCRT is down, trading at $9.1 per coin, down by 2.75% over the past 24 hours.
The NFT sector has been gaining a lot of attention in recent months. With more star names entering the space NFTs will become even more popular over the coming months and years.