A role in an upcoming movie and $1.25M in STARS tokens are up for grabs in one of the biggest contests in blockchain history
ONTARIO, CANADA / ACCESSWIRE / May 7, 2021 / Mogul Productions, an immersive and inclusive platform looking to decentralize how movies are funded using blockchain, smart contract technology, and analytics, is hosting a first-of-its-kind NFT-based contest with prizes including a movie role and over $1 million in STARS tokens.
Mogul has enlisted none other than DC Comics and Marvel artist Rob Prior to create a special NFT for the contest. Prior will live-paint an original piece of art using ideas solicited from the Access Pass community. His creation will be made into an NFT to immutably record its authenticity and uniqueness.The NFT will then be issued to Mogul Access Pass holders to own the NFT of this painting by Prior.
But that's only the beginning. Whether they're current passholders or not, if any individual user is able to collect more than 50% of the total number of NFTs created, they'll win a role in an upcoming movie produced by Mogul. It's the first time NFTs have been used to validate the digital authenticity of a contest, and the first time NFTs have ever been used to award a part in a film.
"To Mogul, NFTs are more than just digital art. We're excited to be partnering with one of the top artists in the world to use NFTs functionally, while giving more utility to our Access Pass holders," says Lisa Sun, Mogul Productions' Founder & President.
Anyone in the cryptosphere who's able to collect 95% of the created NFTs will be handsomely rewarded with 25 million STARS tokens, worth approximately $1.25 million at today's market rate.
Mogul will soon be asking Access Pass holders for their input on what they want Prior to paint. The answers will be organized into the top 3 suggestions, and passholders will be given the opportunity to vote on their favorite. Rob Prior will then create the painting on a video livestream for Access Pass holders to watch.
About Mogul Productions
Mogul Productions is revolutionizing film financing through decentralized finance (DeFi), allowing a global audience of film fans to directly participate in the movies and entertainment industry. It's a platform for film fans, by film fans, empowering users to take an active role in the script-to-screen process. Access Pass holders get even more insider benefits and perks, including access to exclusive events held around Mogul-produced film releases.
About STARS tokens
STARS are ERC20 tokens on the Ethereum blockchain used to interact with the Mogul platform and community. Holders gain unprecedented influence and access to Hollywood film production, and the opportunity to earn exclusive rewards through staking, trivia, and more. STARS tokens give film fans the power to vote on which projects are greenlit, and even submit their own projects for consideration.
CONTACT:
Dan Spencer
dan@energentmedia.net
SOURCE: Mogul Productions
View source version on accesswire.com:
https://www.accesswire.com/645661/Mogul-Productions-Launches-NFT-based-Contest-for-Access-Pass-Holders
