Tarantino joins NFT party with unseen Pulp Fiction cuts; crypto market shoots up
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Film director Quentin Tarantino is the latest big-name celeb getting all non-fungible on the entertainment world’s ass with a new NFT collection. Meanwhile, the crypto market is shooting up.
The celebrated director of Once Upon a Time in Hollywood, Reservoir Dogs and Kill Bill, has announced he’ll be releasing seven non-fungible tokens (NFTs) featuring unseen footage from probably his most celebrated film, Pulp Fiction.
The NFTs will be auctioned on the OpenSea marketplace and will also feature “secret” bonus pieces of content, which could reportedly include handwritten film scripts and audio commentary from the giant-foreheaded auteur himself.
Tarantino has opted to mint the tokens on the Secret (SCRT) network, a blockchain that features smart contracts with an in-built privacy protocol. In real language, this means the Pulp Fiction content will only be viewable to the holders of those NFTs. It also means the NFTs’ transaction history is kept completely private.
Iconic Secret NFTs are now Tarantino NFTs 💥
7 uncut scenes. Priceless secrets. The first NFT release of its kind, from a one-of-a-kind creator.
— 𝕊ecret Network – Shockwave is Here ⚡🌊 (@SecretNetwork) November 2, 2021
In a press release, Tarantino said: “I’m excited to be presenting these exclusive scenes from Pulp Fiction to fans. Secret Network and Secret NFTs provide a whole new world of connecting fans and artists and I’m thrilled to be a part of that.”
The Tarantino-Secret collab is just the latest in a series of Hollywood moves into the still-booming crypto sub-sector.
For instance, fellow film director David Lynch and US rock band Interpol last month released NFTs of their 2011 Coachella collaboration, MGM recently teamed up with digital collectibles marketplace VeVe to launch NFTs for James Bond flick No Time to Die, and an entire Anthony Hopkins film was also released in non-fungible-token form in September.
Meanwhile, pretty much from dusk till dawn over the past 24 hours, the crypto market has been steadily surging.
At the time of writing, the entire market valuation is up 3.2 per cent since this time yesterday, currently sitting around about US$2.85 trillion, give or take a few billion dollars.
As you can see above, Bitcoin (BTC) is currently up about 4.5 per cent over the past 24 hours, and a few hours earlier hit a daily high of US$64,248.
Ethereum (ETH), on the other hand, is even more newsworthy today, having hit a new all-time high (according to CoinGecko data) of US$4,530 just a couple of hours ago.
Ethereum new all time high, bitcoin new local high. It's gonna be a really good day. pic.twitter.com/U6ECG4vjnQ
— Mati Greenspan (tweets ≠ financial advice) (@MatiGreenspan) November 2, 2021
Not to be outdone, though, Polkadot (DOT) grabbed a personal high of its own, earlier hitting US$53.04 amid building buzz about its upcoming parachain crowdloan auctions, which kick off on November 11.
Elsewhere in the top 10, it’s positive-percentage central, aside from Shiba Inu (SHIB), which is down about 4.6 per cent today. Considering it’s up about 60 per cent over the past week, and 760 per cent over 30 days or so, its bag holders can probably weather that single-digit storm.
24H Gainers among #ERC20 Tokens with Market Cap 10M-40M
— Ethereum Daily (@ETH_Daily) November 2, 2021
Looking further afield in the market, let’s find some notable things on an absolute tear right now… Here are some standouts, then: decentralised storage network Arweave (AR), +30%; Minecraft-esque gaming metaverse The Sandbox (SAND), +37%; layer 2 scaler Loopring (LRC), +45%; AAA-game-focused NFT platform Epik Prime (EPIK), +220%; and red-planet-themed metaverse Mars4 (MARS4), +40%.
Just a bit of a selection, of course, there are plenty more, including the usual pack of pumping dog and cat-themed coins. Although, there are a few of those on the daily loser list today, too, including: Samoyedcoin (SAMO), -41%; erm… Pussy Financial (PUSSY), -31%; Husky Avax (HUSKY), -28.6%; and Dogelon Mars (ELON), -26%.