Tech

AMC Theaters Offers NFT to Spider-Man: No Way Home Viewers


AMC Theaters and Sony Pictures have decided to award non-fungible tokens (NFTs) to those who pre-purchase or pre-order their opening day tickets to see Spider-Man: No Way Home. Up to 86,000 NFTs will be made available to AMC Stubs Premiere, A-List and Investor Connect members who are the first to purchase opening day tickets, or in the case of AMC Stubs A-List members who are the first to book. in front of their seats, at any and all AMC Theaters USA locations. More than 100 NFT designs will be available, specially designed by the animation studio, Cub Studios, who have received BAFTA and Lovie awards for their work in the past.

According to the press release of the announcement, NFT The giveaway will only be valid for tickets purchased or booked in advance for the December 16 showtime in all formats. To be eligible for the NFT, tickets must be purchased or booked in advance by members of AMC Stubs A-List, Premiere or Investor Connect on the AMC Theaters website or on the AMC mobile app.

Such members must have an AMC Stubs account number associated with the transaction and movie tickets must be scanned at the theater upon arrival. If the ticket purchase is refunded or the ticket is unused or not scanned, the NFT code will not be delivered.

With only 86,000 NFT available through this special promotion, these tickets are expected to sell out quickly. Those willing to use all of these limited NFTs should note that the NFT code and redemption instructions will be emailed to eligible people on December 22, and the NFT must be redeemed by March 1. year 2022.

Spider-Man NFT will be available to redeem at a dedicated website operated by WAX – an energy efficient, low carbon footprint blockchain that is the first to be certified carbon neutral. WAX has previously had a number of big-name brands to work with – HotWheels maker Mattel is one of the most important.

Although this is the first time that NFT has been offered by a major cinema, it is not surprising to see Theater AMC seize the opportunity first. The theater company has been at the forefront of crypto and blockchain adoption over the past few months led by CEO Adam Aron, who stated that audiences and shareholders are “calling” for NFT. What will be interesting will be how much these properties are valued in a few decades, based on their scarcity and historical relevance.

“Our AMC Theater guests and AMC Entertainment shareholders have called on AMC to enter the world of NFT, and we couldn’t imagine a more perfect way to start doing so than with the our good friend at Sony Pictures,” commented Aron on the collaboration.


Interested in cryptocurrency? We discuss all things crypto with WazirX CEO Nischal Shetty and investment founder Alok Jain on Trajectory, podcast Gadgets 360. Orbit is available on Apple Podcasts, Google Podcasts, Spotify, Amazon Music and wherever you get your podcast.

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