Tag: AMC NFT News

Cinemark Competes with AMC in New NFT Deal

Cinemark Competes with AMC in new Thor Love and Thunder NFT Deal with Disney
Business News: Cinemark Competes with AMC in new Thor: Love and Thunder NFT Deal with Disney

Cinemark is looking to compete with AMC Entertainment theatres in a new NFT deal it just made with Disney.

From Tuesday, June 28th, through Thursday, July 7th, rewards members will get a chance to win one of 1,000 NFTs for Marvel Studios’ upcoming Thor: Love and Thunder.

AMC Entertainment was the first company to release NFTs (non-fungible tokens) to their movie theatre guests upon the purchase of a ticket.

The largest movie theatre chain in the world has released a Spider Man No Way Home NFT, Jurassic World NFT, The Batman NFT, Lightyear NFT, and many more.

Shareholders also received a rare series one “I Own AMC” NFT.

Read how much those are worth here.

Here’s the latest market news.

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Cinemark teams up with Disney

Cinemark teams up with Disney in Thor: Love and Thunder NFT
Business News: Cinemark teams up with Disney in Thor: Love and Thunder NFT

“Cinemark is thrilled to collaborate with Disney on the release of these exclusive Marvel Studios NFTs for Thor: Love and Thunder,” said Wanda Gierhart Fearing, Cinemark Chief Marketing and Content Officer. – Box Office Pro.

The movie theatre industry has been steadily recovering ever since the pandemic struck the world in 2020.

Cinemark Holdings, Inc.’s total revenues for Q1 2022 increased by 303% to $460.5 million compared to $114.4 million for Q1 of 2021.

AMC Entertainment on the other hand earned $785.7 million in revenue during their first quarter of 2022, compared to $148.3 million in Q1 of 2021.

Cinemark’s marketing campaign to distribute Thor: Love and Thunder NFTs with Disney is a great move for the company.

However, AMC Entertainment continues to be the leader in the movie theatre industry, offering a more premium experience to its guests.

What are your thoughts on Cinemark competing with AMC Entertainment in the NFT space?

Leave a comment down below.

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Related: Will AMC Stock Go Up? [2022 Deep Dive]

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CEO Announces Second AMC NFT For All Shareholders

Second AMC NFT
Adam Aron Announces a second NFT for shareholders

AMC Entertainment just released their very first NFT for Spider-Man No Way Home.

The first 86,000 online buyers were able to claim this Spider-Man NFT.

This influx of online movie ticket buyers sparked the idea of a second NFT.

This time, however, will be for all shareholders.

Here’s how you can get yours.

franknez.com

Welcome to Franknez.com – if you missed the Spider-Man NFT like I did, great news is there’s another NFT coming.

Let’s get started!

Community, many of us have been holding AMC Entertainment stock all year.

It’s incredible to think at some point of this journey we would all be eligible for receiving an AMC NFT.

And although this is AMC’s second NFT, this will be the very first ever AMC shareholder NFT, not pertaining to a movie title.

This NFT is gold.

It will be a symbol of this historic time where the apes saved AMC.

Adam Aron Second NFT Announcement

Adam Aron took it to Twitter to announce the coming of this second AMC NFT.

The CEO stated, “Given AMC’s Spider-Man NFT success, our first ever NFT, I am thrilled to announce our second ever NFT!”

Adam Aron shared what the NFT looks like, and it looks pretty awesome if you ask me.

I love the fact that it looks like a medal and that it has a space background.

Do you like how this second AMC NFT looks?

Leave a comment below.

How Do You Get the Second AMC NFT?

AMC NFT investor connect
Investor Connect – AMC NFT NEWS

You can’t get this second AMC NFT unless you’re a shareholder.

If you’re not invested in the stock market you can read this step-by-step guide.

However, most of you are.

Create a profile on the AMC website for AMC Investor Connect.

Once you’ve created your profile, checkmark the setting confirming you’re an AMC shareholder.

AMC NFT for shareholders
AMC NFT for shareholders – AMC NFT News

Those who enroll by December 31st, 2021 will get this NFT for free.

The NFT will be distributed by the Worldwide Asset Exchange (WAX).

WAX is an energy-efficient, ultra-low carbon footprint blockchain and the first certified carbon neutral, meaning it’s eco-friendly.

WAX is also the world’s leading blockchain, processing 15 million transactions daily.

You’ll receive an email with the instructions to claim your NFT once they have begun to distribute them.

Can I Trade This AMC NFT?

This shareholder NFT will be tradable or sellable.

And if chosen to trade, AMC will be compensated a royalty.

Very, very smart on AMC’s part.

Would I trade this NFT?

Not a chance, it’s a stamp in history.

I imagine the value of this second NFT will soar in the future.

Especially after MOASS.

Don’t Bet Against AMC Entertainment

AMC Entertainment News

AMC is the largest movie exhibition company in the United States and in Europe with approximately 950 theatres and 10,500 screens across the globe.

The company has shifted to a more innovative business model and has attracted a diverse shareholder base worldwide.

AMC has introduced online streaming, the acceptance of cryptocurrencies, and now NFTs.

This is only the beginning of a new era for the century old movie theatre chain.

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AMC Spider-Man NFT News: Movie Titles To Go Digital

AMC NFT News Spider-Man NFT
AMC Spider-Man NFT News + More

Adam Aron, CEO and President of AMC Entertainment announced during the Q3 earnings conference call that AMC would be introducing NFT movie titles.

NFTs in short are non-fungible tokens known to store data using blockchain technology.

These are usually in the form of digital arts and may hold exclusive content for the buyer(s).

NFTs are changing the way we transfer information.

AMC NFTs could become extremely valuable depending on how rare certain pieces will be.

franknez.com

Welcome to Franknez.com – today I want to discuss the variety of ways AMC Entertainment can use NFTs to broaden their market. This is exciting.

Let’s get started!

And if you want to read more on NFTs, read this full article I published on what NFTs are and how they’re changing the world.

Today, Adam Aron announced the very first ever Spider-Man NFT is under development with Sony Pictures!

This is big news.

Here’s how NFTs can benefit AMC Entertainment as a company.

AMC Could Offer Exclusive Membership Services

Owning an AMC NFT could mean you have access to exclusive membership services.

This could be in the form of movie premiers for an entire year combined with free popcorn, drinks, and candy for example.

Of course, these NFTs wouldn’t be cheap.

They are after all exclusive tokens.

AMC Entertainment could also limit the number of NFTs for specific benefits.

Blockchain technology allows NFTs to be limited; thus making the token more exclusive, and expensive.

An AMC NFT could offer a limited or variety of benefits to their customers.

Movie Title Collectible NFTs

Movie titles collectible NFTs Spiderman

This is where things get extremely fun and interesting.

AMC Entertainment could make 1 of 1 movie title NFT collectibles.

These NFTs could be worth hundreds of thousands of dollars to even millions of dollars.

Especially if they make one-offs.

AMC could launch these NFTs prior to a movie premier.

The company could then raise a lot of cash based on how iconic and in demand a specific NFT is.

They could also offer other packages, say 5 out of 5.

Perhaps the one-off NFT sold but there are still 5 out of 5 of a different version out there.

NFT collectors will buy these.

See, NFTs are assets that rise in value over time.

These digital assets only get rarer, especially if there’s a limited quantity of them.

This AMC NFT news has collectors quite excited.

These will mainly be favored by movie lovers.

Spiderman No Way Home NFT

Adam Aron has introduced the first ever AMC NFT today.

Spider-Man NFT

AMC Entertainment is partnering up with Sony Pictures for the very first AMC NFTs will be made.

More than 100 unique Spider-Man NFTs will be given away to its first 86,000 online buyers of December 16 tickets for Spider-Man No Way Home.

These will be available only for Stubs Premier, A-List, and Investor Connect members.

Will you be claiming your Spider-Man NFT?

Let me know in the comment section below!

How Are NFTs Purchased?

Ethereum Cryptocurrency

NFTs are purchased with Ethereum (ETH) cryptocurrency.

While certain NFTs do accept other forms of crypto, ETH is the main currency used to purchase these digital assets and collectibles.

And if you don’t hold any ETH, you can purchase fractions of the crypto using Coinbase.

Where will AMC sell their NFTs, we don’t know yet.

While there are several NFT marketplaces, it’s uncertain which marketplace AMC will use or whether they will have their own.

Final Thoughts

franknez.com

These AMC Entertainment news are most certainly bullish.

The company is going to be able to raise a lot of capital from selling NFTs to their customers and to collectors.

There’s a lot of strategy that could be put into action here that would allow AMC to get out of debt too.

As AMC begins to emerge themselves in this NFT space, the value of the company could grow significantly.

The digital world is expanding.

I believe the future is bright if you’re an AMC shareholder.

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I will be updating this article as this amazing chapter for AMC unfolds.

The launch of the companies first NFT will be featured on this page so be sure to bookmark it or subscribe to the blog to be notified for new updates.

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