Blockchain News: NFDC Launches Digital Collectibles Project at IFFI 2023, Pioneering Blockchain Integration in the Film Industry

Published: 2024-02-01 07:27:27

In a groundbreaking move, the National Film Development Corporation (NFDC) unveiled its inaugural digital collectibles project at the prestigious International Film Festival of India (IFFI) in Goa.

The initiative, named IFFI DC 2023, offers film enthusiasts a unique opportunity to own a piece of Indian film history and marks a significant stride towards blockchain integration, promoting transparency and value in the creative sectors.

Designed by renowned artist and filmmaker Hari Krishnan, the digital collectibles are available in three exclusive categories - IFFI DC Platinum, IFFI DC Gold, and IFFI DC Silver. Platinum (200 at Rs 10,000) offers complete access to IFFI Goa, Film Circle membership, and NMIC visits. IFFI DC Gold (600 at Rs 7,500) provides free visits and key utilities, while IFFI DC Silver (1,100 at Rs 5,000) offers historical utilities.

Technology partner Guardianlink.io played a key role in the launch of the digital collectibles project. The collaboration aims to revolutionize the film industry by leveraging cutting-edge technologies such as AI, ML, and blockchain to create a more transparent and engaging experience for cinephiles.

Prithul Kumar, Managing Director of NFDC and Festival Director of IFFI Goa expressed the project's mission to empower creators, artists, and film enthusiasts from diverse backgrounds. Inspired by global innovations in blockchain, the Iconic IFFI Digital Collectible seeks to ensure equal opportunities and representation in the digital collectibles space.

This pioneering project not only provides a novel way for film enthusiasts to connect with Indian cinema's rich history but also sets the stage for the future of transparent and inclusive engagement within the film industry.

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