'The Wolf of Wall Street' filmmakers to release NFT collection

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Red Granite Pictures, which released The Wolf of Wall Street in 2013, has announced the launch of a collection of non-fungible tokens based on the film.

Each NFT will cost from $100, and its owners will receivePrivileges in the form of access to props, costumes and the soundtrack of the film, as well as invitations to themed parties. The creators explainLaunch of the collection as a marketing ploy. 

"It's also a way to protect intellectual property," says Red Granite CFO Randy Hermann.

Profits from the sale of tokens are promised to be usedfor charity. Specifically, the money will go to organizations that promote film restoration, support the development of young filmmakers, help women and minorities working on Wall Street and teach financial literacy.

Red Granite's goal is to create an incentive for people to watch the film again by increasing streaming revenue, Hermann says. 

Red Granite Pictures was founded in 2010.In addition to “The Wolf of Wall Street,” she has released such films as “Dumb and Dumber 2,” “Dying Light,” “Hello, Dad, New Year!” In 2018, the company declared itself bankrupt due to a scandal with the sovereign wealth fund 1Malaysia Development Berhad (1MDB).

Smurf's Societyrecently released an NFT collection based on the popular animated series about the Smurfs. It will feature both the already well-known Papa Smurf, Egghead and Smurfette, as well as new characters.

Earlier it became known that the singer's underwearMadonna, which the pop singer performed in in the 1980s, will be sold as a collection of non-fungible tokens. Also in April, car manufacturer Bugatti and luxury goods company Asprey announced the release of a limited-edition NFT collection.