Hollywood elite to receive NFTs in recognition of upcoming awards ceremony

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One project will distribute non-fungible tokens, or NFTs, in the gift bags of 25 actors, actresses and directors nominated for their roles in feature films.

According to Nomine (eth), a project formed in partnership with online marketplace Rarible, Metaversal and AdVenture Media, 25 of the 115 nominees at this year’s Oscar ceremony will receive three non-fungible tokens, or NFTs, in bags- unofficial gifts. The project will offer NFTs to Hollywood Insiders nominated in the categories of Best Actor, Best Actress, Best Supporting Actor, Best Supporting Actress and Best Director.

All digital coins designed by artists Jon Noorlander, Shaylin Wallace, Rocco DiSpirito and others will be struck with the names of the nominees in their respective categories. The winner of each category will receive an additional NFT auctioned on Rarible. Some or all of the proceeds will go to a charity of their choice. Because NFTs do not exist in the physical world, the project will add a ticket to each bag allowing nominees to claim their gift through a Portis wallet.

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NFT by artist Shaylin Wallace

“The motivation to distribute the NFTs in the gift bags was to show what can be done with the NFTs, to raise awareness of the charitable causes we support and to pay tribute to the tremendous achievement these nominees have achieved,” said Yossi Hasson, co-curator of the project. “[We’re] inviting them to share this moment with some of the most inspiring digital artists and the audiences who buy their works. “

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Among the NFTs, a piece created by 3D animator Andre O’Shea as a tribute to famous actor Chadwick Boseman, best known for his role as King T’Challa in the 2018 film Black Panther. Boseman died in August of colon cancer but is still nominated this year for his role in Ma Rainey’s black background. Proceeds from this NFT auction will benefit the Colon Cancer Foundation.

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Some experts believe the Hollywood film industry should move to blockchain, allowing new creators to bypass the traditional “exclusive” project route by decentralizing power to space. A number of film and television projects related to the crypto industry have sprung up as the space becomes mainstream, including a 10-part crypto-comedy series set to begin filming later this year.

Please note that the gift bags mentioned above are in no way directly affiliated with the Oscars or the Academy of Motion Pictures Arts & Sciences.