NFT winter is coming! Warner Bros. launches Game Of Thrones NFT Collectibles
The NFT space has been, and continues to be, the recipient of a huge popularity boost from celebrities, world-class athletes and business organizations choosing non-fungible tokens as their entry point into the ever-expanding world of digital assets.
This time, Warner Brothers is joining the bandwagon as it partnering with Nifty’s to produce NFT collections based on one of the most popular TV series of all time – Game of Thrones.
Details of this newly created partnership revealed Daz 3Dan artist who has broad experience and many projects under his belt, will be responsible for the collaboration’s design, development and production.
Game of Thrones Announcement: @BuildYourRealma digital collectible experience inspired by one of the most immersive worlds in television history, created in collaboration with @WarnerBrosNFT, @Game of Thrones, @daz3dand @HBO. Coming soon… pic.twitter.com/9HlQGI8EKf
— Nifty’s (@Nifty’s) 2 November 2022
Among Daz 3D’s notable creations are CloneX by Haruki Murakami, the Bat Cowl project of DC, and the famous Coca Cola NFT series that comes with Friendship Box and RTFKT.
Nifty CEO Excited With GOT-Inspired NFT Collection
Jeff Marsilio, Managing Director of Nifty’s platform, expressed his excitement about this partnership with Warner Brothers which will bringing Game of Thrones into the NFT space.
“Once in a while, a film or TV series comes along that pushes the boundaries of its genre so much that it changes the creative landscape forever. Game of Thrones is that show for this generation,” Marsilio said when asked about those thoughts project.
Image: Coincu News
The NFT collection, called “Game of Thrones: Build Your Realm,” will be released this winter.
Owners of the collectibles will be able to create their own avatars based on the characters and the series’ universe. Items, such as virtual weapons, will be sent to holders who can also collect and choose their teammates to establish their own kingdoms.
Genuine interest – or a way out of debt?
While fans appreciate Warner Brothers’ decision to bring the highly acclaimed TV series that premiered in 2011 to the NFT space, some can’t help but speculate as to the real reason behind the company’s move.
Others say this may be a cover-up to divert the public’s attention from the fact that Warner Brothers suffered a $3.4 billion in loss during third quarter this year. The company is also facing financial challenges as it has debt of up to $53 billion.
Should it be casehas the company off to a good start as forecasts indicate that the global market capitalization of the NFT space, currently at around $3 billion, is expected to swell to $13 billion over the next five years.
This indicates that the industry has the potential to be a viable source of profit that could help Warner Brothers find a way out of its financial woes.
Crypto total market cap at $958 billion on the daily chart | Featured image from Global Times, Chart: TradingView.com
