Pandemic picture Zero Contact (formerly called 92) will premiere on new NFT platform Vuele later this year, with Academy Award winner Anthony Hopkins in the lead role.
Produced in 17 different territories entirely virtually during the pandemic, Zero Contact follows five characters around the world connected only by their devotion to tech titan Finley Hart (Hopkins). They are forced to work together to shut down Hart’s secret invention, a machine that could be either the solution to mankind’s problems or the end of life on Earth.
What Users Get from NFTs
This may be the first time a feature film is offered for sale as a non-fungible token (NFT). Vuele, a direct-to-consumer NFT viewing and distribution platform, was formed last month amid the crypto-NFT craze. It aims to allow users to buy exclusive, limited-edition films and collector content to watch, sell and trade on the platform. People can pay for the film with either cryptocurrency or credit cards.
Everything about this film is unconventional, from the way we shot it using Zoom and remote production, to its distribution.
Zero Contact producer/director Rick Dugdale
Potential New Revenue Streams for Blockbuster Movies
According to producer/director Rick Dugdale, Zero Contact will include extras that vary from token to token to create different price points. The idea is to develop a marketplace for NFTs, basically digital assets placed on an encrypted blockchain with unique serial numbers.
“It creates scarcity in copies of the film, and protects against piracy,” Dugdale says.
NFTs Are ‘Flavour of the Month’
Last month, CNN joined in the crypto space by sharing “moments” from its news archives as buyable NFTs. Also in June, Australian artists led the charge in creating physical NFT art exhibitions, while crypto exchange Binance announced its own NFT Marketplace to support the NFTs of Australian creators.
Just three weeks ago, Sotheby’s sold an NFT artwork for a world record price of US$11,754,000.
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