Fox Renews Dan Harmon Krapopolis for Third Season Amid NFT Tie-Up

Fox has announced that it has renewed Dan Harmon’s animated comedy series, Krapopolis, for a third season, despite the first season not even airing yet. The show is produced by Fox Corp’s NFT firm, Blockchain Creative Labs, and features NFTs called “Krap Chickens.” These NFTs depict cartoon chicken avatars in the same art style as the show and offer holders exclusive access to experiences, content, rewards, and voting rights on certain aspects of the show. Fox’s president of scripted programming, Michael Thorn, expressed his faith in Harmon and his work, saying, “We’re so bullish about the work that we want to support and its ability to find an audience and succeed. While [a third season order] is atypical, it was a no-brainer for us with Krapopolis.” The show is set in ancient Greece and follows a “flawed family of humans, gods and monsters that try to run one of the world’s first cities without killing each other.” The cast includes Richard Ayode, Matt Berry, Pam Murphy, Duncan Trussell, and Hannah Waddingham.

In other NFT-related news, Baobab Studios sold out its first collection of 8,888 NFTs just nine hours after launch. The collection is called “Momoguro” and is tied to an upcoming role-playing game on layer 2 Ethereum scaling solution, ImmutableX. The game has breeding elements and quests in a world named “Uno Plane,” with NFTs being a key part of the gaming experience. According to data from CryptoSlam, the NFTs have generated $8.1 million worth of secondary sales to date, with $7.6 million coming on the day of launch.

Flare, a Layer 1 Ethereum Virtual Machine blockchain, welcomed its first NFT platform after Sparkles went live. The platform is set to hone in on the interoperability of native Flare protocols to increase use cases for NFT utility.

Additionally, Square Enix’s NFT-friendly CEO, Yosuke Matsuda, is stepping down after nearly 10 years at the helm. The move won’t be finalized until an annual shareholders meeting in May, but Takashi Kiryu has been named as his successor. While Web3 and NFTs weren’t explicitly mentioned in the notification from Square Enix, the firm did indicate that it is still looking to push on with new tech integrations, suggesting its blockchain-related plans may remain unhindered. Matsuda had previously taken a bullish position on Web3 gaming and emphasized Square Enix’s devotion to “aggressive investment and business development efforts” in the space in 2022 and beyond.

Finally, Magic Eden has launched a “Mint Madness” campaign that offers free access or “free mints” to 13 Web3 games in March. The campaign went live on March 3 and is spread across Polygon, Ethereum, and Solana, with nine, three, and one games on each platform, respectively. Magic Eden is also offering a 20,000 Polygon (MATIC) prize pool worth roughly $23,200. The prizes will go to the top 10 traders of the NFTs related to nine of the new games based on Polygon, with the top prize fetching 4,500 MATIC ($5,220). The full list of available games during the promotion includes Planet Mojo, Meta Star Strikers, Alaska Gold Rush, Shrapnel, Petobots, Blast Royale, Rogue Nation, Tearing Spaces, Freckle Trivia, Realm Hunter, Legendary: Heroes Unchained, Shrapnel, and Papu Superstars.

The NFT market continues to grow and expand, with more companies and industries embracing the technology. From animated comedy series to role-playing games, NFTs are being used to provide exclusive access and rewards to holders. Fox’s renewal of Krapopolis for a third season before the first season even airs is a testament to the potential success of NFT tie-ins with media and entertainment. Baobab Studios’ successful sale of its Momoguro NFT collection further highlights the growing interest in NFTs in the gaming industry. With the launch of the Mint Madness campaign by Magic Eden, NFT holders can now get access to a range of Web3 games and potentially win prizes. As the NFT market continues to mature, we can expect to see more creative and innovative use cases for the technology.

Source

Tagged : / / / / /

Fox Unveils NFT Company, Blockchain Creative Labs



Share this article



Leading American mass media company, Fox Corporation, is joining the crypto trend with an NFT business and “the first-ever animated series curated entirely on the blockchain.”

Fox Bets on NFT Technology

Fox is breaking into the NFT space.

On Monday, the CEO of the entertainment firm announced that Dan Harmon’s new TV series Krapopolis would be marketed and distributed through a new NFT company called Blockchain Creative Labs. Krapopolis will be a comedy set in Ancient Greece. The American broadcaster will launch a separate marketplace for selling digital items related to the show, such as characters, background arts, and GIFs, all of which will be available as NFTs. 


Krapolis is the American broadcaster’s big bet into a blockchain-based business model for marketing new content. In a presentation to advertisers discussing the move, Fox CEO Charlie Collier suggested that NFTs would benefit the company and brands they work with. He said: 

“And just as we’re doing this for our own animation, we will also help your brands connect directly with fans and enthusiasts through NFTs.” 

He added that Fox would “take advertisers into the world of blockchain-powered tokens, including NFTs.”



The company’s share price was unhinged by the announcement; FOX shares were last trading at $36.77 on NASDAQ. Fox is yet to share the details of Blockchain Creative Labs such as the launch timeline and blockchain the NFTs will be deployed on. To date, Ethereum has been the platform of choice for NFT creators, though sidechains and other scaling solutions have emerged in hopes of bringing the technology to mass adoption. 

NFTs have had a breakout year so far, punctuated by Beeple’s $69.34 million sale at Christie’s back in March. Christie’s is one of a handful of fine art institutions that’s helped the technology go mainstream (Sotheby’s, another famous auction house, has also organized its own NFT sales). Meanwhile, the world’s top cryptocurrency exchange, Binance, will soon launch an NFT marketplace, suggesting the market could have further room for growth.

Share this article




Source

Tagged : / / / / / /

Fox teams up with Rick and Morty co-creator on animated NFT series

Fox Broadcasting Company has teamed up with Rick and Morty co-creator Dan Harmon to develop what they describe as the “first-ever animated series curated entirely on the Blockchain.”

The animated comedy series, dubbed “Krapopolis,” will be launched alongside a dedicated marketplace that will host the sale of tokenized digital goods including nonfungible tokens depicting the characters and artwork featured throughout the show. The show also hopes to reward its most devoted fans with tokens that unlock “exclusive social experiences.”

Alongside the partnership, Fox announced the launch of the new NFT company “Blockchain Creative labs,” which is expected to operate the marketplace for Krapopolis and other shows in the future.

While details are sparse on what exactly “curated entirely on the blockchain” means, Fox Entertainment CEO Charlie Collier noted plans to introduce advertising partners to NFTs during a streamed presentation announcing the platform, stating:

“Not to go too far into it today, but as an advertiser-focused, artist-first and animation-obsessed company, Fox is going to take advertisers into the world of blockchain-powered tokens, including NFTs.”

Krapopolis will be produced by Fox-owned Bento Box Entertainment, however, the series holds no reference to crypto as it is set in ancient Greece and focused on a “flawed family of humans, gods and monsters that tries to run one of the world’s first cities without killing each other.”

Dan Harmon rose to fame for writing and co-creating Community and Rick and Morty — with the animated series Rick and Morty winning Primetime Emmy awards in 2018 and 2020. The series is a loose parody of the popular movie Back To The Future, following the antics of time-traveling scientist Rick and his grandson Morty.

Justin Roiland, the other co-creator of Rick and Morty. has been quick to cash in on the recent NFT mania. In January, Roiland sold an NFT dubbed “The First Ever Edition Of Rick And Morty Cryptoart” for $150,000 through a silent auction on the Gemini-owned NFT platform, Nifty Gateway.