AMC, Sony Will Hand Out NFTs To 'Spider-Man' Advance Ticket Buyers

AMC and Sony Pictures are giving away 86,000 NFTs to Stubs Premiere, A-List and Investor Connect members who buy or reserve tickets for Spider-Man: No Way Home showings on December 16th. Engadget reports: Redeem a code through a special website and you'll get one of 100 designs available through the more eco-friendly Wax blockchain. You'll need to order your tickets through the AMC Theatres website or mobile app when pre-orders launch on November 29th. If you qualify, you'll get your code on December 22nd and will have until March 1st, 2022 to claim the NFT.

Hear ye! Hear ye!

[scdeimos]

Come to /. for all your dupes!

Re:

[Aighearach]

The movie might be a dupe, too.

I know the NFT is.

Let me help you...

[sizzlinkitty]

Search is your friend, you'll see this story has been posted already here - https://entertainment.slashdot... [slashdot.org]

Sure, it's a different site but the same story.

Repeat post because, you know, it's an ad

[illogicalpremise]

Of course it's being posted multiple times. It's basically an ad... for pointless garbage.

Re:

[raynet]

Maybe Slashdot should use NFTs to prevent double posting? :)

Re:Repeat post because, you know, it's an ad

[KiloByte]

It's basically an ad... for pointless garbage.

You mean the NFTs, the movie, the linked webpage, or all of them?

The NFTs are not worth the blockchain they're printed on, I haven't seen the movie but I assume it's of same quality as hundreds they've released already (ie, not worth not only pirating but even reading plot synopsis), the webpage is blocked by uMatrix's default settings (link goes to guce.advertising.com/collectIdentifiers?blahblahblah), thus I assume it's the last option.

We need NFTs for stories

[Opportunist]

Like, seriously... has it even been a day?

Wax Blockchain

[phantomfive]

The Wax blockchain is one of the few that tries to do something real: they are trying to use blockchain to set up proof of ownership. So in theory, if you want to 'buy' a patent, then an entry on the blockchain will indicate the new owner.

I don't think it's very realistic (especially for physical things like property or baseball cards) because there is not an automatic relationship between the blockchain and possession. For example, the court can force the return of the physical property, but I can pretend

Re:

[pauljlucas]

... they are trying to use blockchain to set up proof of ownership.

Has any government or court anywhere recognized an NFT as legal proof of ownership of anything?

100 NFTs

[enriquevagu]

Yes, this story is a dupe.

But in this case the linked article mentions the number of different NFTs: There are 86,000 NFTs and only 100 "designs". So you get a pointer to a "design", which is not unique because there are 860 NFTs with the same pointer, and you do not even know what this "design" is (probably a Spiderman image, but they don't specify it), but you have to hurry to get it, because NFT.

HODL, HODL, HODL!!

Re:

[sg_oneill]

I've said it before, I'll say it again. Blockchain is a technology that never found an actual usecase that wasn't fanciful market driven nonsense. Contracts where always possible using good old fashion PKI. I sign it, you sign it, and we put out public keys out there. 100% as proveable as a blockchain entry with the added bonus of not pumping half a tonne of carbon into the air. Cryptocurrencies are just yet another fiat money without the assurances of government backing. And I dont think I've ever met a si

Re:

[Tom]

pyramid schemes are mathematically doomed to fail.

But not this one !

(the magic is globalism. Pyramid schemes fail when they can't attract enough people to fill out the next layer. With the whole world at your disposal, the scheme can go on for a really, really long time. In fact, you might actually end up growing at the speed of new births, in which case you have a sustainable pyramid...)

Re:

[h33t l4x0r]

Defi doesn't work without blockchain, you're missing some fundamental concepts. Where does the value of a token come from if nobody works for it? Who enforces a contract? How do I redeem a token I staked with PKI?

Oh joy another bullshit blockchain

[DrXym]

The concept of digital property needs to be enshrined in law (with rights akin to copyright) and preferably backed up by a single internationally recognised system for ownership and transfer of assets. Not a gazillion fly by night operators whose service has the lifespan of a gnat.

Re:

[Tom]

The concept of digital property needs to be enshrined in law

There's no such thing as "digital property".

There are bytes on your storage medium. If I copy them, you still have them. That's the important difference to property. We protect property because if you take mine, I don't have it anymore.

We as a society are beginning to understand things better. We used to think in the simple category of "mine" and "yours". That's back when women were treated as property as well. We've stopped doing that in the laws, and some parts of society are already enlightened enough to

Re:

[DrXym]

Perhaps that's why I said enshrined in law. You make it property by defining it as property.

I should be able to model ownership such that I can sell the rights to the thing, or lend it, or give it away or just destroy it. Even if ownership is represented by a token. I should not have to purchase a license to those bytes which restrict what I may do with my thing whether it is virtual or not. I should not have to suffer some bullshit proprietary NFT system baked into a game platform, or whatever which rest

Re:

[Tom]

You make it property by defining it as property.

Sure, but you'll make a mistake if you don't properly define things.

I should be able to model ownership such that I can sell the rights to the thing, or lend it, or give it away or just destroy it. Even if ownership is represented by a token. I should not have to purchase a license to those bytes which restrict what I may do with my thing whether it is virtual or not. I should not have to suffer some bullshit proprietary NFT system baked into a game platform, or whatever which restricts what I may do with my thing.

Here's the thing... you never actually buy most digital goods. You license them. There's a difference right there. I'm not arguing if it's right or wrong. I'm simply saying that you can't approach the digital world with the same mindset as the physical. They don't follow the same principles.

Re: Oh joy another bullshit blockchain

[rantrantrant]

Not digital property, intellectual property, & we already have plenty of laws & agreements for that, i.e. WIPO. It's called the intangible economy. Legally speaking, I don't see NFTs as anything new - basically elaborate serial numbers & certificates of ownership. That they use encryption & aren't on paper doesn't strike me, as a lay person, as particularly legally significant. Or am I wrong?

Re:

[MooseTick]

"There are bytes on your storage medium. If I copy them, you still have them. That's the important difference to property. We protect property because if you take mine, I don't have it anymore."

Harry Potter and Star Wars are bytes on storage medium somewhere. You can even copy them with exact copies and the authors will still have them. But someone still owns the rights to the originals and that ownership needs to be protected legally.

Re:

[Tom]

Total misunderstanding there.

The original has a sentimental value. Sure, somewhere are the original pieces of paper (or bytes in a file) that make up the original script. But that's not what matters.

Someone is the recognized author of it, aka copyright holder. Copyright law is fairly complex. But it isn't a property law. It is its own thing.

there we go...

[Tom]

I was wrong. NFTs are not going away. Business has discovered a new way to create something that costs them pennies to make, but customers value at much higher. They're going to milk that cow.

Re:

[MooseTick]

I consider NFTs to be like works of art. Some (like Picassos) can be quite valuable and desirable, others (like a 3 year old's hand-painting) have zero valuable and the creators' own parents will toss it in the trash as soon as no one is looking.

Re:

[Tom]

Artworks are something you can actually hang on your wall. NFTs are links to a digital copy of something. If the link target goes away, the NFT is worth what, exactly? And you will do what with it?

I sense a /. fundraising opportunity:

[davidwr]

Slash-dupe NFTs!

A genuine copy

[presearch]

You get a large integer that signifies that you have a single unique copy of 86,000 useless things.
Worth standing in line overnight to get one of them things!!

Taxes

[Cyberglich]

With all the IRS weirdness with crypto the question is there a tax consequence to this :)

Carbon footprint

[Dan Posluns]

Not a crypto-bro so I'm maybe missing some of the technical details... when someone issues a bunch of NFTs like this, are they just creating their own fresh ledger, "mining" their own transactions for each NFTs, and then publishing that ledger somewhere publicly accessible? And then how does the ledger get reshared when individuals want to make updates to it? Does Sony have to keep mining their own ledger (even when they're done with it) to keep pulling in updates to the copy of the ledger folks are going t

Re:

[MooseTick]

Depending on the type of chain, some NFTs can be made for nearly zero "gas". I'd bet they chose one like that where they can mint all those quick and cheaply on a new chain that they are the only one editing. It wouldn't surprise me if a script did this and completed all of it in a few minutes.