• Movies and streaming are the new frontier for NFT

  • For the first time in the movie industry, movie tickets are being issued on the Liquid Network in the form of a non-forgeable coin (NFT).

    We’re talking about “Silhouette,” a science fiction film written and directed by Matt Hartley with the help of producer Shiv Rajagopal, which follows astronaut Kay Katherine Barnes as she performs a routine check on a space station orbiting Earth and is visited by an alien who takes her on a tour of the universe: past, present and future.

    The cast also includes notable actors such as Dick Terhune, who previously worked on “Transformers,” and Helen Day in “Toruk: The First Flight.

    Tickets for the film can be purchased on the official Silhouettes website, which was developed in partnership with Pixelmatic, a team based in Canada, China and France that develops and manages video games for the global market and is made up of gaming industry veterans from Ubisoft, Activision Blizzard and Relic.

    Pixelmatic is currently developing the highly anticipated sci-fi MMO strategy game Infinite Armada.

    “Silhouette”, a movie featuring NFT tickets

    The real innovation is in the purchase and sales process: each ticket will be issued as an NFT with a unique ticket number, in addition to providing its purchaser with exclusive access to the stream.

    In addition, Silhouettes tickets can be purchased in Bitcoin, Liquid Bitcoin i.e. BTC and Litecoin issued on the Liquid Network. Payments via Lightning Network are also accepted as it is a low cost micro-transaction.

    Since Liquid Network is a bitcoin sidechain designed to provide fast and confidential transactions between major trading platforms, NFT issuance is secure and accurate.

    Liquid Network was developed by Blockstream, a leading blockchain technology company, and is operated by a consortium of 46 financial institutions worldwide.

    Director Matt Hartley commented on the initiative as follows.

    “This is the next step in the evolution of distribution in the entertainment industry. We think this has the potential to be the Netflix of Bitcoin.”

    With the introduction of a subscription model that works for everyone, streaming has effectively ended for special edition DVD offerings.

    NFTs offer the opportunity to reintroduce collectible movies and TV shows. Finally, with NFTs, fans can interact with filmmakers and their favorite projects in a deeper and more meaningful way.

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