Fox Entertainment Introduces NFT-Exclusive Fan Experience for Masked Singer

02/16/2023 21:55 • Blockchain Buzz • 140 views

It is reported that Fox Entertainment and its Web3 department Blockchain Creative Labs are launching a new token-gated fan experience for the network’s popular singing competition program “masked singer”. The holder of NFT, known as the “Star of Masked Singers”, will be able to “watch the exclusive content of the behind-the-scenes and confessions of the contestants this season.” Fox said in a statement that the price of NFT is about $50, with a limited supply of 1050. Fans need to scan the QR code and then participate in interactive activities, such as voting to select the contestants they think will be promoted to win the opportunity to buy NFT. Participating fans will be able to “upgrade their loyalty pass” and be eligible to purchase NFT, thus unlocking additional exclusive content. The media company said that fans’ voting would not affect the results of the program.

Fox Entertainment “masked singer” program launched NFT access control experience

Interpret the above information:

Fox Entertainment has partnered with Blockchain Creative Labs to offer an NFT-gated fan experience for its popular singing competition show, “Masked Singer.” The Star of Masked Singers NFT will offer exclusive content of behind-the-scenes, and confessions of contestants for those who hold it. The price of the NFT is approximately $50, and the supply is limited to 1050. Fans who want to purchase the NFT will have to participate in certain interactive activities such as voting to select contestants they believe will win the competition for them to unlock the opportunity to buy the NFT. The more interactive activities a fan participates in, the higher the chance they will earn the loyalty upgrades that would make them eligible for the purchase of the NFT. The voting results, however, will not affect the outcome of the competition.

This move is an attempt to merge the world of entertainment with the growing trend of NFTs on the blockchain. The move comes at a time when the popularity of both blockchain and the idea of owning exclusive digital assets continues to grow. This partnership has the potential to generate substantial revenue as NFTs have shown to yield high amounts of profit for creators and investors alike. With a limited supply of 1050 NFTs, Fox Entertainment is hoping this exclusivity factor will drive up the demand for the NFTs, which will result in a more significant profit margin.

This unique offering will attract thousands of fans and users across the world looking to own exclusive glimpses of their favorite entertainment shows. The power of the non-fungible tokens (NFTs) in creating an exclusive market for digital assets is setting new trends for creators and investors alike. The NFTs offer a unique opportunity for creators and investors to monetize digital content in a new and innovative way, and it is the future of digital trading.

In conclusion, the partnership between Blockchain Creative Labs and Fox Entertainment in offering an NFT-exclusive fan experience for Masked Singer is an innovative move that blends entertainment with blockchain technology. This partnership has the potential to attract a global audience while generating a high amount of revenue for both parties involved. This move marks a significant milestone in the world of blockchain technology and exclusive digital assets.

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