Bill Murray to unveil new NFT project built on Ethereum

Bill Murray to unveil new NFT project built on Ethereum

This month, acclaimed American actor and comedian Bill Murray will unveil a brand new NFT project built on Ethereum based on his life and stories about it.

NFT would be based on the painting

According to the article, the blockchain company Initiative Venkman and the website “The Chive” are collaborating to develop the “The Bill Murray 1,000” project.

According to a Decrypt interview with Murray’s son Jackson, the famous actor wants to contribute as many anecdotes from his time in entertainment as possible to the NFT initiative.

One thousand NFT collectibles based on 100 stories from Murray’s career, including his work on Saturday Night Live and in movies, will be made available through the initiative.

According to the article, each NFT will be based on an original painting by David Grizzle Murray with a unique background.

Through language and art, each piece will also convey a story about the undead.

Jackson Murray revealed to Decrypt that his father developed an interest in the NFT project after talking to John Resig, the co-founder and president of The Chive.

Practitioners initially opposed Resig’s statement that Murray’s next stage of growth would be “absolutely NFT.” Jackson claims that despite being fully aware of the possibilities of digital things, his father eventually came up with the idea of ​​starting NFT collections.

Jackson claimed that his father had considered coming out with a membership card that would reward collectors with benefits such as access to future bespoke events where they can meet the famous actor.

Murray will have the chance to tell the world about his genuine stories thanks to the NFT collection.

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Why choose Ethereum?

When non-fungible tokens (NFTs) first appeared in 2017, popular NFTs such as Cryptopunks and Cryptokitties soon aroused investor interest. Since then, the market for NFTs has expanded rapidly, with Ethereum as one of the main drivers.

The first network to support smart contracts was Ethereum. Defining ownership and control transferability of NFTs has become significantly easier thanks to smart contracts.

In addition, Ethereum developed the ERC-721 token standard specifically for the production of NFTs. Ethereum therefore provided the framework for NFTs and opened the door to the digital asset revolution.

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