The new AMC Spiderman movie has made a splash on the box office. In a pre-order giveaway, 86,000 NFTs were given away. Now, the studio is trying to capitalize on the buzz. To that end, executives have proposed several measures to take advantage of the boost in sales. The company is also looking at cryptocurrency.
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86,000 NFTs are being given away as part of a ticket pre-order giveaway
If you’re looking to buy tickets to see Spider-Man: No Way Home, you’re in luck: AMC Theatres is giving away 86,000 NFTs for fans who pre-order the movie on the AMC website. The theater chain has partnered with Sony Pictures to offer this giveaway, which is the first-ever movie NFT campaign by a major theater chain. The giveaway will be available for AMC Premiere and A-List members.
Those who qualify to get an NFT will receive a code for redemption at a special website, which will be distributed on the Wax blockchain. AMC will hand out the codes on 22 December, with customers having to wait until 1 March 2022 to claim theirs. They’ll also need a digital wallet to redeem the code.
The AMC Spiderman NFTs will be redeemable on a website powered by WAX, which is certified carbon neutral. The NFTs are very valuable, but they’re also rare. Using the tokens in this way is a first for a major cinema chain, and the tokens could be very expensive in the future.
AMC has also teamed up with Sony Pictures to offer a free incentive for retail investors. These investors are a key part of the AMC Investor Connect program and will receive 86,000 Spiderman NFTs as part of a ticket pre-order giveaway. There’s also a chance to win some cool prizes. AMC will be giving away 86,000 free NFTs, courtesy of AMC and Sony Pictures.
The Spider-Man NFTs can be used to redeem prizes in a specialised website powered by WAX, a carbon neutral blockchain. WAX processes over 15 million transactions a day and is extremely energy-efficient.
Those interested in receiving the free NFTs will have to wait until Dec. 22 to receive their redemption codes. Then, they’ll have until March 1 to redeem their NFTs. AMC also noted that the NFTs must be redeemed by March 1, 2022.
The giveaway is available for Stubs Premiere, A-List, and Investor Connect members only. There will be 86,000 NFTs available for pre-ordered tickets until supplies run out. The total production of limited NFTs is expected to be 90,000, and over a hundred NFT designs have been created by the animation studio Cub Studios.
The movie promises to be a huge spectacle, pitting Spidey against a wide range of villains. Some of these villains will be familiar from the previous Spider-Man films, but some new ones will be revealed as well. This new movie will forever change Peter Parker’s life.
They have a resale market
Sony Pictures and AMC Theatres are teaming up to distribute free non-fungible tokens to moviegoers. The company is handing out 86,000 NFTs to select customers for the upcoming release of Spider-Man: No Way Home. The codes and redemption instructions will be sent to the eligible guests on Dec. 22. According to the company, the NFTs must be redeemed by March 1, 2022.
The NFTs will be sent to the email addresses associated with AMC Stubs account numbers. To redeem the NFT, customers must purchase a ticket for the film. They must use the code by March 1, 2022 at 11:59 PM EST. The production for Spider-Man: No Way Home began last October in Atlanta and is being directed by Jon Watts, who previously directed Spider-Man: Homecoming and Far From Home.
AMC Entertainment Holdings (NYSE: AMC) is playing to a contemporary audience by launching the Spider-Man NFT in December. The movie, which has an R-rated rating, debuted with box office sales that crashed AMC’s website and other ticket sites such as Fandango. The company’s marketing campaign is designed to tap into the hype triumvirate of meme-stocks, crypto, and Marvel Comics.
The company sold 86,000 Spiderman themed NFTs on Monday. By late Monday, all 86,000 were fully committed. The company’s recent foray into the crypto space has further strengthened its meme-stock reputation. AMC’s stock has surged 600 percent since starting the year at $2 per share.
AMC is also getting in on the NFT trend by partnering with Sony Pictures to offer 86,000 Spider-Man NFTs. AMC’s NFTs will be available for investors, A-List members, and Stubs Premiere members. The tokens must be redeemed by March 1, 2013.