Deployment will mark one of the world's first cross-chain NFT marketplaces.
TORONTO, ON / ACCESSWIRE / November 11, 2021 / Mogul Productions, the only global non-fungible token (NFT) marketplace and decentralized finance (DeFi) platform focused on the film and entertainment industry, will deploy its NFT marketplace on Binance Smart Chain (BSC) on Thursday, Nov. 11, becoming one of the only cross-chain NFT marketplaces in the world.
"Buying, selling, and trading digital assets across blockchains is an exciting new frontier in digital assets, opening up new possibilities to NFT holders that wouldn't exist with a single-chain marketplace" said Lisa Sun, Founder and President of Mogul Productions. "The flexibility offered by deploying the Mogul NFT marketplace on BSC will allow users to unleash the full capabilities of their collections, and provide new and unique trading opportunities between collectors."
Mogul is coming off the successful launch of its NFT marketplace in September, which saw its first collection, based on digital assets of the film Reboot Camp, sell out in just 15 hours. The collection featured 11 one-of-a-kind NFTs, including props, deleted scenes, and paintings. It was the first time in filmmaking history that a movie had ever minted its deleted scenes into NFTs.
Most recently, Mogul partnered with famed-DC comic artist Rob Prior to launch The Legacy Collection: Portraits of Stan Lee. To date, Prior has completed some 65 of the iconic comic cover portrait adaptations featuring Lee. Part 1 of the Legacy Collection: Portraits of Stan Lee featured the first 10 artworks out of a planned series run of 95. Auction winners received an original physical artwork attached to a 1:1 ERC-1155 NFT. Mogul will be revealing the auction dates for future series' at a later date.
Mogul wants to be an immersive and inclusive platform which transforms how movies are made through decentralization, giving members of its community the opportunity to have a direct hand in the production process. NFTs are a big part of their disruptive aspirations.
Mogul partners with artists, filmmakers, actors, and other entertainers to provide a white-glove approach to minting and launching their own NFT collections through their marketplace, releasing them to an eager community of film lovers looking for new ways to interact with their favorite medium. It also provides a one-of-a-kind community where film buffs and NFT fans can come together over their shared passions, and buy, sell, or trade unique digital collectables tied to movies, actors, shows, and more.
About Mogul Productions
Mogul Productions is revolutionizing film financing through decentralized finance (DeFi), allowing a global audience of film fans to directly participate in the movies and entertainment industry. It's a platform for film fans, by film fans, empowering users to take an active role in the script-to-screen process. Access Pass holders get even more insider benefits and perks, including access to exclusive events held around Mogul-produced film releases.
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SOURCE: Energent Media