TYRANT’s SoulFire platform enables for the first time NFT Mint for major animated films
Palo Alto, Calif.–(Newsfile Corp. – March 06, 2023) – TYRANT, the cryptocurrency on Ethereum, has partnered with Protostellar Media to finance the development of a long-awaited animated film, based on the world famous story “The Fable of the Fable of the Dragon Tyrant”. The team has signed a top-level screenwriter to begin development on the film immediately.
TYRANT was able to allow their community to earn shares in potential producer earnings using ‘Soulbound NFTs’. This marks the first use of Soulbound NFTs to fractional rights or revenue in mainstream media. Participants of the raise earn a small share of future earnings represented by a Soulbound NFT – which is an NFT that cannot be resold or transferred from its owner.
Figure 1
The Dragon Tyrant has been a long-awaited project for years. TYRANT’s involvement in the project marks a monumental moment in blockchain history, as the first real crypto project to own producer-financier rights in a blockbuster film. The film is in early stages now with plans to take the script to major studios in the coming months.
Protostellar Media’s head of creative operations, Namir Khaliq, says, “We were blown away by the power of the TYRANT community. With everything they do for the story, the money they’ve donated to anti-aging research, and how passionate they are about bringing this to life, it’s a perfect fit. We’re honored to partner with them and think it’s really cool that we were able to make it happen using new blockchain technology.”
figure-2
The SoulFire platform, currently under development, is a web3 explorer and marketplace for Soulbound NFTs. Active participants will be able to shape their digital identity and showcase the things they care about most on it. The film producer’s revenue from Fable of the Dragon Tyrant marks the first “coin” on the SoulFire platform, paving the way for new opportunities in decentralized ownership and financing.
Already attracting major partners, the SoulFire platform is poised to revolutionize the way people think about charity and personal expression in the digital realm.
About TYRANT
TYRANT is an emerging cryptocurrency on the Ethereum network that aims to empower charitable fundraising and digital identity creation using Soulbound NFTs. They are a 0/0 tax, 100% decentralized project, inspired by The Fable of The Dragon Tyrant.
For more information, learn about TYRANT with these official links:
Website
Telegram
Twitter
Media contact:
Quinn Ehrler
[email protected]
To view the source version of this press release, please visit
