Fox will be unleashing an NFT animated series by ‘Rick and Morty’ creator Dan Harmon called ‘Krapopolis.’ How this is going to actually work is anyone’s guess. But the series will be a Triggering Trifecta for some people: NFTs, Fox and Dan Harmon. Oh, this should be FUN…
From The Verge:
Fox Entertainment CEO Charlie Collier told advertisers during its upfronts presentation on Monday that “as an advertiser-focused, artist-first and animation-obsessed company, Fox is going to take advertisers into the world of Blockchain-powered tokens, including NFTs.” It will launch a dedicated marketplace for Krapopolis, a show set in mythical ancient Greece “centered on a flawed family of humans, gods, and monsters that tries to run one of the world’s first cities without killing each other.”
WHAT’S AN NFT?
NFTs allow you to buy and sell ownership of unique digital items and keep track of who owns them using the blockchain. NFT stands for “non-fungible token,” and it can technically contain anything digital, including drawings, animated GIFs, songs, or items in video games. An NFT can either be one-of-a-kind, like a real-life painting, or one copy of many, like trading cards, but the blockchain keeps track of who has ownership of the file.
NFTs have been making headlines lately, some selling for millions of dollars, with high-profile memes like Nyan Cat and the “deal with it” sunglasses being put up for auction. There’s also a lot of discussion about the massive electricity use and environmental impacts of NFTs. If you (understandably) still have questions, you can read through our NFT FAQ.
The marketplace will “curate and sell digital goods ranging from NFTs of one-of-a-kind character and background art and GIFs, as well as tokens that provide exclusive social experiences to engage and reward super fans,” according to Fox. Characters and artwork from the show will become NFT collectibles — because why let the internet GIF your show for free when you can sell them GIFs as NFTs?
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