What is NFT?

Stands for “Non-fungible Token” means it is unique and can’t be replaced with something else

Why NFT?

NFTs are “one-of-a-kind” assets in the digital world that can be bought and sold like any other piece of property and it gives you a certificate of ownership for the traded asset (can be an art painting, a digital photo, or a movie.

How NFT works?

With NFTs, any asset (physical or digital) can be “tokenised” and stored in a decentralised ledger known as blockchain to create a digital certificate of ownership that can be bought and sold.

Why do we need NFT for a Movie

There is no central agency that keeps track of movie rights sold and the current system relies on paper contract which does not hold good for modern cinema

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