AMC Spider-Man NFT

  • 2 years ago
Movie theatre chain AMC Entertainment ($AMC@US) announced its foray into the NFT space. AMC and Sony ($SONY@Japan) said they will offer 86,000 NFTs to celebrate the Dec. 16 release of the movie “Spider-Man: No Way Home.” The AMC Spider-Man NFT giveaway is open to members of various AMC participant groups who advance purchase or reserve their opening-day ticket for the movie. The film tickets must be purchased or reserved on AMC Theatres website or mobile app when they go on sale on Nov. 29. Customers who qualify for the NFT will receive the NFT codes and redemption instructions via email on Dec. 22, and the token must be redeemed by March 1, 2022. NFTs, which are blockchain-based tokenization of collectible items or art pieces, allow users to own digital assets like retail estate, art, digital sneakers, and video moments. AMC’s NFT foray highlights the company’s efforts at connecting better with its retail investors, who are highly enthusiastic about the cryptocurrency sector. These investors have driven up the stock price of heavily shorted stocks like AMC and GameStop this year. AMC is already accepting cryptocurrencies for movie tickets and concessions.

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