Bonanza Goldfields Corp. plans to acquire Marvion and is pleased to announce that the group will be launching the world’s first hybrid-NFTs (h-NFTs) on the OKEx NFT marketplace on 5 October 2021. 

Being Asia’s 1st NFT film, “Lockdown” is an international thriller that features a global cast including Xander Berkeley (The Walking Dead) and Hong Kong actress Anita Chui (OCTB).  

The film is slated to release in the UK on 23 November 2021 and the UK Premiere screening has been scheduled to be on 7 October 2021. In support of the UK launch of the movie, Marvion will be releasing 2 limited-edition film h-NFTs and 5 limited-edition UK premiere h-NFTs on the OKEx NFT marketplace. Marvion has chosen the OKChain to mint these h-NFTs because it adopts a Delegated Proof of Stake (DPoS) consensus mechanism being even more energy efficient than PoS, which is already drastically more efficient than the Proof of Work consensus mechanism.  

For the film h-NFT, the buyer will own the movie file as well as the non-exclusive perpetual worldwide non-commercial and non-profit license to privately view the movie in private premises and will have a copy of the sale and purchase agreement (SPA) for the license to mint and sell NFTs in respect of the film, all stored on the blockchain. Based on its terms, the h-NFT owner would also be able to resell the h-NFT after viewing. For the UK premiere h-NFTs, each h-NFT will contain a pair of exclusive invites for its holder to attend the gala premiere with the actors as well as industry insiders. The tickets will also give them access to any subsequent online events and community sessions with the cast. After the event, the art work of the ticket contained in the h-NFT should also be collected as a valuable memory of a rare beautiful unique experience.  

With respect to the upcoming h-NFT launch, Julian So, Advisor to BONZ and Interim CEO of Marvion said, “We are extremely excited to launch the world’s first hybrid-NFTs on the OKEx NFT marketplace, after careful consideration of any environmental cost. This launch is groundbreaking in the sense that it opens up a completely new and innovative way for film enthusiasts and movie-goers to be immersed in a holistic movie experience. We hope this can revolutionise the traditional movie industry and allow the community to not just watch the film, but to also be able to own collectibles and movie memorabilia from the film itself by way of buying the h-NFTs.”  

Commenting on the launching of h-NFT on OKEx NFT marketplace, Julian said, “We are happy to be listing our h-NFTs on OKEx as they are one of the largest platforms in the world with daily trading volume in excess of US$4billion. More importantly, the DPoS consensus mechanism for their chain also has one of the lowest environmental cost, which was also an important deciding factor for the producer of the film, Mr Bizhan Tong, our good partner.”  

To keep up to date on the upcoming Hybrid NFT drops, please visit marvion.media or join the Marvion Telegram Community at t.me/marvion_media. 

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