Yesterday, developer and blockchain games investor Animoca brands announced that he is associated with Hollywood planet group To form ‘Metahollywood‘, a non -bubble token (NFT) and a metavese joint venture.
Metahollywood plans to tokenize and sell more than 60,000 cinematographic memories of Planet Hollywood, including photographs and film posters. It is also planned to build a market where cinema studios and creators can sell NFT to fans, such as behind -the -scenes clips.
An indigenous utility and governance token for Metahollywood will also be launched. The Hwood token will allow holders to influence decisions on community development. 12% of the token supply will be allocated to the Metahollywood marketing fund and 10% to the fashion and content development fund for the purchase of license rights. Only 0.5% of the token offer will be for public sale.
“I am delighted to associate myself with animoca brands while we are launching Planet Hollywood in the metavese. The universal appeal of the film, as well as our unprecedented collection of emblematic memories, make the unlimited possibilities, “said Robert Earl, founder of Planet Hollywood, Robert Earl. “Thanks to Metahollywood, we will offer public services and unrivaled features in this emerging sector, and I can’t wait to see what our users create by using the power of their imagination.”
Animoca Brands is one of the most prolific investors in Blockchain Gaming and Metaverse. He founded the game game The sandbox which collected a B series of $ 93 million in November. Last month, HSBC bought NFT Land in the game. Animoca Brands also joined forces with creators of creators APE Yacht Club (BAYC) BORED, Yuga Labs to launch a game game in the second quarter of 2022.
The Blockchain Games Company has raised more than $ 570 million in the last 18 months, including funding of $ 358 million in January, evaluating the company more than $ 5 billion.
