Fintech
TYRANT’s SoulFire Platform Facilitates First-Ever Fractional NFT Mint for Major Animated Movie – The Dragon Tyrant
Palo Alto, California–(Newsfile Corp. – March 6, 2023) – TYRANT, the cryptocurrency on Ethereum, has partnered with Protostellar Media to finance development of a highly anticipated animated movie, based on the world famous story “The Fable of the Dragon Tyrant”. The team has signed a top tier scriptwriter to begin development of the movie immediately.
TYRANT was able to let their community earn share in potential producer revenue by using ‘Soulbound NFTs’. This marks the first-ever use of Soulbound NFTs to fractionalize rights or revenue in mainstream media. Participants of the raise earn a small share of future revenue represented by a Soulbound NFT – which is a NFT that cannot be re-sold or transferred from the owner.
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The SoulFire platform, which is currently under development, is a web3 explorer and marketplace for Soulbound NFTs. Active participants will be able to shape their digital identity and show off the things they care about the most on it. The Fable of the Dragon Tyrant film producer revenues marks the first “mint” on the SoulFire platform, paving the way for new possibilities in decentralized ownership and financing.
The SoulFire platform has already attracted major partners, and is poised to revolutionize the way people think about charity and personal expression in the digital realm.
About TYRANT
TYRANT is an emerging cryptocurrency on the Ethereum network that aims to empower charitable fundraising and digital identity creation using Soulbound NFTs. They are a 0/0 tax, 100% decentralized project, inspired by The Fable of The Dragon Tyrant.
For more information, learn about TYRANT with these official links:
Media Contact:
Quinn Ehrler
contact@fableofthedragon.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/157353