An investment firm in Dubai is using NFTs to revolutionise Hollywood
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An investment firm in Dubai is using NFTs to revolutionise Hollywood

An investment firm in Dubai is using NFTs to revolutionise Hollywood

The Decentralised Investment Group (DIG) has partnered with Bron Studios to create a Hollywood NFT Collection linked to a much-anticipated movie series

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Decentralised Investment Group (DIG) has partnered with BRON Studios to create a Hollywood NFT Collection

The Decentralised Investment Group (DIG) has partnered with Bron Studios to create a Hollywood NFT Collection linked to a much-anticipated movie series.

Bron Studios is a worldwide and critically acclaimed media and entertainment company that has garnered 32 Academy Award nominations and six wins. It has executive produced over 100 films including most recently House of Gucci, Joker, Fatherhood and Greyhound.

DIG revealed its foray into Hollywood at the NYC.NFT Week 2022, which wrapped up in New York on June 23. XYZZY will be creating a 10,000 piece NFT collection to accompany Bron’s newest release, an eight-episode animated movie series called ‘Gossamer’, based on a novel by critically acclaimed author Lois Lowry. The voice cast of the series will be led by Academy Award winner Forest Whitaker, Thomasin McKenzie, Vera Farmiga, Richard E. Grant,Wilmer Valderrama, Alanna Masterson and Courtney Rosemont.

Grammy Award-winning artist and producer Timbaland and Gary Marella are executive music supervisors of the series and will provide music for ‘Gossamer’ from Beatclub artists, producers and songwriters.

XYZZY’s collection of NFTs will be of the series’ characters, voiced by these Hollywood stars. It will also create a play-to-earn massively multiplayer online role-playing game based on the show, making it the first series to be coming to TV and Web3 simultaneously.

“This is going to herald the futurisation of film and television, and we will be reinventing how audiences engage with content in the filmmaking world. This is a new era for Hollywood, and we will be developing new financial architecture and interfaces born out of Web3 thinking, which include innovations like tokens, gamification, metaverse compatibility and the like,” said Haydn Snape, DIG CEO.

Within two hours, the free Gossamer Seed collection of 10,000 NFTs had sold out, indicating a fully subscribed whitelist, with a trading volume of $100,000 making the actual Gossamer 10,000 NFT collection already a highly anticipated commodity.

Furthermore, the Gossamer NFT community on social media has exhibited the most activity by far, growing by 3,450,000 per cent since its start. It hit number one on OpenSea charts, surpassing blockbuster NFT collections like CryptoPunks and Bored Apes Yacht Club and made $1m trading in just 24 hours.

“NFTs are going to revolutionise the movie business, and we are the ones best suited to help make that happen. This is an NFT project big enough for the big screen,” said Aaron L Gilbert, Chairman and CEO of BRON Media Corp.

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