Warner Bros. Discovery and HBO announce plans for ‘Sport of Thrones’ NFTs • TechCrunch

“Sport of Thrones” NFTs are coming this winter. Warner Bros. Discovery (WBD) and HBO have teamed up with NFT platform Nifty’s to launch digital-collectible non-fungible tokens based mostly on the hit sequence. An official launch date isn’t but confirmed, however followers can count on “Sport of Thrones” NFTs in late 2022.

The NFT expertise, “Sport of Thrones: Construct Your Realm,” will enable followers to construct a realm by amassing customizable avatars impressed by characters from the sequence in addition to assorted packs with varied collectibles like “equipable” objects to “strengthen” their avatars similar to weapons, companions and equipment, Nifty’s wrote in its weblog. “All through this system, various themed packs may also be out there,” WBD famous in its announcement.

Different NFTs will embrace particular moments from the sequence, “Sport of Thrones” characters and areas. The expertise may also have “thematic actions [and] on-site engagement” for followers to take pleasure in, WBD mentioned.

The corporate didn’t reveal pricing particulars.

“Our purpose, as all the time, with the followers, is to create new methods for them to work together with the tales and characters they love,” Josh Hackbarth, Head of NFT Business Growth for Warner Bros Discovery, mentioned in an announcement. “We’re excited to broaden the ‘Sport of Thrones’ fandom and franchise with this distinctive digital collectible program that’ll have interaction followers on a deeper degree, permitting them to immerse into the world of Westeros, and improve the general fan expertise.”

WBD is probably going trying to generate further income with the launch of “Sport of Thrones” NFTs, arguably certainly one of HBO’s hottest franchises. The corporate is in want of cash after experiencing a internet lack of $3.4 million final quarter. Plus, WBD has a debt load of about $53 billion. The corporate will report its Q3 outcomes tomorrow, November 3.

“From time to time, a movie or tv sequence comes alongside that pushes the boundaries of its style to date it without end modifications the inventive panorama, turning into part of our collective cultural id. ‘Sport of Thrones’ is that sequence for this era,” added Jeff Marsilio, CEO and co-founder of Nifty’s. “Nifty’s is thrilled to be working alongside Warner Bros. Discovery World Client Merchandise to maintain pushing the bounds of creativity and creativeness via a brand new form of digital collectible that can enable followers of the franchise to attach in methods they by no means have earlier than.”

Additionally, 3D-content firm Daz 3D will collaborate with the businesses on the design, improvement and manufacturing of the NFT expertise.

This isn’t the primary time the media firm has collaborated with Nifty’s because it launched “Looney Tunes” NFTs in June. Individually, WBD additionally partnered with Funko on varied NFT drops. And final month, Warner Bros. partnered with blockchain firm Eluvio to launch “The Lord of the Rings” web3 film expertise, with NFT variations of the movie.