Fox is launching its own NFT company, Blockchain Creative Labs, the company said on Monday as part of its upfront presentation. Blockchain Creative La

Fox Is Launching an NFT Company

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2021-05-30 23:30:06

Fox is launching its own NFT company, Blockchain Creative Labs, the company said on Monday as part of its upfront presentation. Blockchain Creative Labs, which will create, sell and manage NFTs, tokens and digital goods, will be launched in conjunction with Dan Harmon’s new series “Krapopolis.”

“Krapopolis” has the distinction of being the first-ever animated series curated entirely on the blockchain. Bento Box’s “Krapopolis” is an animated comedy set in mythical ancient Greece from Harmon (“Rick and Morty,” “Community”). Centered on a flawed family of humans, gods and monsters that tries to run one of the world’s first cities without killing each other.

NFTs, or non-fungible tokens, are units of data stored on a digital ledger, called a blockchain, that certifies a digital asset to be unique and therefore not interchangeable.

Fox said it will launch a dedicated marketplace for “Krapopolis” that will “curate and sell digital goods, ranging from NFTs of one-of-a-kind character and background art and GIFs, as well as tokens that provide exclusive social experiences to engage and reward super fans.”

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