Hollywood’s first NFT-funded film will benefit from new studio investment
An investment group specialising in the non-fungible token (NFT) market is set to fund a new production studio. NFT Investments PLC will inject USD1 million into NFT Studios in exchange for 20% of their shares. The investment is made collaboration with executive producer Niels Juul and his production company NoFatEgo. Together, the participating parties hope to produce Hollywood’s first feature film funded entirely by NFTs.