Antara is not only a new blockchain-based movie funding platform, but also the first of its kind. With an extensive list of media companies signed up to use Antara’s token system, it has set itself up as one of the most promising platforms for monetizing NFT content in the industry.

Antara is a decentralized platform for the creation, marketing, and distribution of movies. Antara sets the benchmark for NFT movie funding by offering a token-based crowdfunding system that allows investors to purchase equity in upcoming films.

Antara Sets the Benchmark for NFT Movie Funding

In Hollywood, interesting things are afoot, as the swords and sandals epic Antara turns to the NFT world for finance. As a consequence, NFT holders will have a proportional part in the film.

The team is using the story of the “Arabian Camels” to raise the $50 million needed to finance the movie, which will give collectors a portion of the box office and streaming earnings from the potential blockbuster, as well as playing roles and location scouting for rare item owners.

A limited number of Antara NFTs are now available on OpenSea, and a whitelist for owners of the original Arabian Camels collection will be available shortly. The remaining goods will be available for public purchase in March. Collectors may then wait for the big unveiling after the item has sold out.

It’s time to spread the word like mad! #NFTs are coming for the ‘Antara’ film!! #ArabianCamels #TogetherWeRide pic.twitter.com/PDGJ6z7dXL #ArabianCamels #TogetherWeRide

30 December 2021 — Arabian Camels (@ArabianCamels)

Antara is based on the actual tale of Antara Ibn Shaddad, a 6th century Arabian hero. A former slave who rose to prominence as a knight and poet after gaining his freedom. As a result, his narrative will ultimately be memorialized in film as a tribute to this heroic warrior. An epic narrative set in the vast deserts of the Arabian Peninsula, encompassing honour, treachery, love, and friendship.

I’m in charge of the wonderful ship. Antara is directed by Tarsem Singh, a well-known filmmaker whose distinct visual style will bring the concept to life. Will everything go according to plan? Who knows, but it’s a fascinating initiative to keep an eye on.

 

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