The Wolf of Wall Street NFTs arrive
The new NFT collection based on the famous film The Wolf of Wall Street will be launched on 18 Mayand gives fans the chance to own a piece of the blockbuster.
The Wolf of Wall Street NFT: fans can own a share of the film’s profits
LALAthe world’s first digital collectibles marketplace that allows fans of TV shows and movies to own a portion of the revenue stream, launches its next NFT collectible with “The Wolf of Wall Street”.
The new NFT LALA x The Wolf of Wall Street collection will be launched on 18 May and promises benefits and rewards, including a percentage of the film’s revenue, official merchandise, access to exclusive content, memorabilia, community and events.
Fans by Leonardo DiCaprio and Martin Scorsese’s iconic film will therefore could own part of the film’s income, as well as access to footage that has not been seen before. The exclusive drop will be available first to the LALA community and then to the general public.
When LALA Insiders receive notification of the release of the LALA x The Wolf of Wall Street drop on May 18th, they will have access to purchase digital collectibles in three different tiers, each associated with different benefits, perks, scarcity and a fraction of the revenue stream based on the level.
The artwork was designed by Paolo Torresthe Peruvian pop surrealist artist best known for his work with fashion houses such as Fendi and Ralph Lauren.
The Wolf of Wall Street NFT and LALA Business Model
Upon purchase, the collectible artwork will be unveiled on the user’s dashboard, where fans will also have access to a unique rewards system and learn how to unlock their benefits.
These rewardsas well as surprise benefits, will be unlocked over time as fans engage with the collectionrekindle and expand their love of the film beyond the credits into a huge ecosystem.
Typically, every time a new film is released, revenue is generated from ticket sales, licensing fees, and ancillary revenue such as merchandise sales.
On the other hand, illegally copied versions of films and unauthorized merchandising can reduce revenues and put intellectual property rights at risk.
Through this collection, LALA shares the revenue generated by IP infringement removal with the fans.
These removals remove unauthorized copies or uses of copyrighted material from public viewing and help protect the film’s intellectual property.
In this way, LALA breaks new ground by working directly with intellectual property owners, starting with The Wolf of Wall Street NFT, to develop and generate a revenue stream that gives back to the fan community while ensuring the protection of the film and its value.
The Wolf of Wall Street NFT: sharing the profits while protecting the film’s integrity
In this way, LALA collectors can share in the profits while protecting the integrity of well-known and beloved films or displays, simply by owning the corresponding LALA digital collectible.
LALA is incubated at Alexis Ohanian’s Seven Seven Six venture capital fund, which commented on the collection:
“Having worked extensively in online communities, I saw how Web3 opened up opportunities for people to connect with big brands and intellectual property like never before, and I wanted to extend those opportunities to film and television.
We decided to incubate LALA within the company to provide a premium product and experience, unlocked by blockchain technology, that allows fans to deepen their relationship with specific movies or shows.
LALA creates a win-win scenario that helps the entertainment industry better promote projects and cultivate relationships with fans, while creating an unparalleled ownership experience. I am thrilled to be a part of this exciting new direction for the entertainment and Web3 communities”.
Hiram VazquezCEO and founder of LALA, also commented:
“I am thrilled to launch LALA in partnership with such an iconic title as ‘The Wolf of Wall Street’. This partnership is a testament to the impact we believe LALA can have on the entertainment industry and fans.”
By providing this unique access and interaction with movies and TV shows, LALA gives the industry a platform to engage directly with the fan community for both new releases and existing IPs, while also allowing fans to tap into their nostalgia for these stories. I am confident that giving fans this property will strengthen their connection to Hollywood for years to come“.
Jordan Belfort and Bitcoin
Citing the film dedicated to him, it is fair to say that the real Wolf of Wall Street, Jordan Belfort, is bullish on Bitcoinalthough he is not yet “right” with his price predictions.
In fact, it was 2021 then Belfort spoke out on crypto, declaring that bitcoin (BTC) would reach $100,000.
The American entrepreneur and author predicted a bullish trend and a new ATH (all-time high) for BTC with five zeros, just before the long crypto winter that marked 2022.
Regardless, Belfort explained that in his view, bitcoin is pure supply and demand, free of the distortion of actually printing more of your own currency. In practice, Bitcoin differs from stocks in that the supply is fixed.
In fact, if a stock remains in the pump for too long, the company will continue to print shares, but its value will decrease. Something the crypto world is not interested in.
