Elvis Mission receives help from Sandbox, Decentraland, Sony Music, Common Music Publishing Group, and Warner Bros. Footage
NFT Applied sciences Inc. (NEO: NFT | OTC Pink: NFTFF | FRA: 8LO) (the “Firm” or “NFT Tech”),a number one know-how firm mainstreaming decentralized possession, NFTs and the metaverse for public markets, units a model new precedent with the launch of the Elvis Legacy Council.
This press launch options multimedia. View the total launch right here: https://www.businesswire.com/information/residence/20220907005581/en/
The Elvis Legacy Council is the governing physique that can make key selections on the way forward for Elvis’ digital property, each on the blockchain and within the bodily realm. (Picture: Enterprise Wire)
The mission shall be formally launched below the model “The Elvis Legacy Council”, mission highlights embody an especially restricted NFT assortment, formally licensed digital wearables and collectibles, distinctive metaverse experiences, unique in particular person Graceland excursions, Memphis experiences, and lots of extra!
The Elvis Legacy Council is the governing physique that can make key selections on the way forward for Elvis’ digital property, each on the blockchain and within the bodily realm. The Council, which is the primary of its variety, gives followers the power to create proposals and vote on concepts of others on what the way forward for Elvis shall be!
NFT Tech’s rights settlement with Elvis Presley Enterprises, Inc. grants the Firm the power to showcase licensed content material globally, and grants entry to Sony Music, Common Music Publishing Group and Warner Bros. Footage, amongst others.
The marketplace for legacy IP of celebrities which have handed away is valued at over $2 billion per 12 months. The Elvis property generated $30 million in 2021 even earlier than Warner Bros summer season blockbuster movie. “Sadly, there’s a rising listing of celebrities who depart behind a large fanbase, usually stopping any creation of recent materials followers can work together with. Manufacturers usually see a sluggish decline in engagement yearly. By transferring these manufacturers to web3 we are able to make sure the creativity lives endlessly and is secured by blockchain know-how. Traders can anticipate the corporate to take a bigger step into this business, working with different leisure icons.” stated Adam De Cata.
Within the present panorama of legacy IP. Followers are fragmented and unable to pool sources for shared targets. Regardless of restricted affect over decision-making and restricted entry to the manufacturers’ content material, followers find yourself paying recurring charges inside a posh, opaque system of IP rights. Most legacy IPs are presently maintained by various non-public collections which can be restricted to bodily exhibitions, which can’t be shared with followers at scale.
“The Elvis Legacy Council will be sure that The King of Rock and Roll’s legacy lives on, pushing previous boundaries set by time and house,” says Adam De Cata, NFT Tech CEO. “It’s giving Elvis followers a brand new voice, verified on-chain, in shaping the continued legacy of Elvis in perpetuity for future generations to get pleasure from.”
This mission units precedents within the web3 house by giving each founding member key decision-making energy by way of the Elvis DAO (Decentralized Autonomous Group). Founding members have governance rights to make proposals for Elvis content material. For a lot of followers, this can be a uncommon alternative to see misplaced Elvis footage and are available into contact with uncommon Elvis memorabilia.
“Think about a Founding Member proposing we buy uncommon 8mm footage of behind-the-scenes footage of ‘Elvis On Tour.’ This proposal may get upvoted, procured, then showcased with the world within the largest watch get together within the metaverse. The alternatives for followers to interact with never-before-seen content material at scale is big,” continues Adam.
“Elvis’ legacy will endure on the blockchain lengthy after we cross, together with the NFT metadata and future DAO achievements,” says Adam. “This enables, for instance, anybody to take the code to ‘recreate’ the sensible contract and revive the mission at any time.”
Rollout particulars
Whitelists: https://linktr.ee/ElvisPresleyLC
September 21: Airdrop of formally licensed Elvis wearables
September 22: Launch Social gathering in Decentrland Guinness World Document https://bit.ly/38NUjTi
September 29: Whitelist minting https://elvis.legacycouncil.io/
September 30: Closing public sale
Be part of us for reside updates
Subscribe: https://elvis.legacycouncil.io/join-us
Web site: https://elvis.legacycouncil.io/
Fb: https://www.fb.com/ElvisPresleyLC
Twitter https://twitter.com/ElvisPresleyLC
Litepaper: https://bit.ly/3Pe0rmT
Linktree: https://linktr.ee/ElvisPresleyLC
Youtube: https://www.youtube.com/channel/UCOM0qkwkO3Kwb07yUjBXyMQ
Discord: https://discord.gg/ElvisPresleyLC
E-mail elvis@legacycouncil.io
About Elvis Legacy Council
We’re placing the ability into the fingers of the Elvis followers. The Elvis Presley™ Legacy Council is the Official Membership of the Elvis Presley™ Digital Property. Created to protect Elvis’ legacy into the longer term. Ruled by you, the Founding Members. Your say will form what we gather, what we protect & what we showcase for future generations. You may get to decide on & redeem unique Elvis experiences, merch and performances you’d prefer to get pleasure from. Infinite future potentialities, powered by the blockchain.
About NFT Tech
NFT Tech works to develop infrastructure, property, actual property and IP within the metaverse, construct and generate income from P2E and M2E video games, and convey insights and advantages to the general public markets. By bridging the hole between conventional capital markets and the Web3 house, NFT Tech is mainstreaming decentralized possession, NFTs, and the metaverse.
Observe NFT Tech on social media
twitter.com/nfttech
medium.com/@nfttechnologies
Cautionary Be aware on Ahead-Wanting Info
This press launch comprises sure forward-looking statements throughout the that means of relevant securities legal guidelines with respect to the Firm. These forward-looking statements usually are recognized by phrases comparable to “imagine,” “mission,” “count on,” “anticipate,” “estimate,” “intend,” “technique,” “future,” “alternative,” “plan,” “could,” “ought to,” “will,” “would,” and comparable expressions. Ahead-looking statements on this press launch embody statements referring to the settlement with Elvis Presley Enterprises Inc and shutting date thereof; scope, exclusivity and size of engagement in partnership with Elvis Presley Enterprises Inc; advantages realized from the settlement; enlargement of the Firm’s NFT developments and product choices; potential advantages and calls for for direct-to-consumer NFT tasks; potential advantages, growth and acceptance of web3 and associated functions; plans for accelerating development; and the continued public acceptance of NFTs. Though the Firm believes that the expectations and assumptions on which such forward-looking statements and knowledge are based mostly are cheap, undue reliance shouldn’t be positioned on the forward-looking statements and knowledge as a result of the Firm can provide no assurance that they are going to show to be right. Since forward-looking statements and knowledge handle future occasions and circumstances, by their very nature they contain inherent dangers and uncertainties. Many components may trigger precise future occasions to vary materially from the forward-looking statements on this press launch together with, with out limitation, the danger components described within the Prospectus. Readers are cautioned that the foregoing listing of things shouldn’t be exhaustive. The forward-looking statements included on this information launch are expressly certified by this cautionary assertion. The forward-looking statements and knowledge contained on this information launch are made as of the date hereof and the Firm undertakes no obligation to replace publicly or revise any forward-looking statements or data, whether or not on account of new data, future occasions or in any other case, except so required by relevant legal guidelines.
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