Jake Fraser believes that DAOs can let fans get involved from the scriptwriting process to the selection of actors who will play in a film.
As more people begin to integrate Web3 technologies into entertainment and production, the use case for decentralized autonomous organizations (DAOs) in filmmaking has been highlighted in a Cointelegraph interview with Jake Fraser, the head of business development at the film-focused blockchain project Mogul Productions.
When it comes to DAO usage in films, a deeper level of fan engagement was highlighted by Fraser. As an example, the executive pointed out the involvement of fans in the production process, such as in creating the script, choosing stories and picking the location. He explained that:
“DAOs come into play within the film industry by enabling the fans to become more involved with decision making through the whole script to screen process of making a film.”
Some time ago, most people were not interested in non-fungible tokens and didn’t even care to know what they meant and what they stood for.
It is quite another story today because the internet is filled with different stories about NFT projects, how to invest in NFT, and many similar topics.
Because of how complex NFTs are, it can be challenging to explain to people how these tokens work and how contrasting it is with fungible tokens.
Continue reading as we explore together the major differences that are shared by fungible and non-fungible tokens both in technologies and use cases.
What Are Fungible And Non Fungible Tokens?
You may not understand to a good extent the little or no similarities that are found when fungible and non-fungible tokens are examined.
Fungible tokens are items that can easily be interchanged with another similar one; they are not unique. An excellent example of fungible tokens is the US dollar, which is more relatable.
When you pick a 100-dollar bill, and then you meet another person who has another 100-dollar bill, the two of you can easily exchange them without any reduction in value or design. For fungible tokens, they are more known because of the value they have and not because of their rarity since they are interchangeable.
Another angle to look at fungible tokens is that they don’t have an original owner; currently, have you seen a dollar that has a traceable original owner?
All this is quite the opposite of non-fungible tokens; they exhibit the quality of uniqueness, and another NFT cannot interchange them. Unlike fungible tokens, the original owner and the current owner of a non-fungible token can be traced using the blockchain.
The creation, existence, and issuance of NFTs rely on the blockchain, and some of the most popular networks for NFTs are ERC-721 and ERC – 1155. The Ethereum network is not a monotonous blockchain where NFTs exist; NFTs can be created and issued on Polygon and Binance blockchains.
NFT Blockchain Networks
Ethereum
Ethereum blockchain is the leading platform where the existence and issuance of NFTs thrive very well; more than half of the NFT market lies on the Ethereum network.
The Ethereum blockchain is not a closed-source network; its governance token (ETH) is the largest asset in the crypto market by market cap after Bitcoin. Because of its ability to provide a platform for blockchain developers to develop services and applications, NFTs are minted in large numbers on the Ethereum blockchain.
Polygon
The Polygon network is another blockchain that accommodates the existence and creation of non-fungible tokens.
The framework offered by this network is compatible with developers to create scaling solutions and financial services.
Solana
Dubbed as one of the fastest programming blockchains, Solana uses a combination of proof of stake and evidence of history to ensure simplicity on the blockchain.
Although Solana isn’t widely used as Ethereum, its POS and POH mechanisms create a platform where NFTs are made and sold with reduced gas fees and transaction time.
Difference Between Fungible And Non-Fungible Tokens
Features
Features are the leading difference between fungible and non-fungible tokens; the two of them go in parallel lines in terms of features.
Fungible tokens are divisible, meaning you can take a 100-dollar bill and then divide it into two to give you a 50-dollar bill each. In the same way, you can also take one Bitcoin and then divide it into two to give 0.5 Bitcoin each.
Fungible tokens are also interchangeable because you can easily exchange 200 dollars with another person with the same 200 dollars without noticing differences. Another instance is that you can easily convert your Ethereum to Solana or another cryptocurrency without any problem.
This doesn’t apply to non-fungible tokens because you can’t interchange Bored Ape Yacht Club NFTs with Crypto Kitties; they are not interchangeable.
Rarity is another difference between NFTs and fungible tokens; NFTs are unique while there are so many similar fungible tokens. The details in every US 100 dollar note are the same: the images and the symbols on the dollar note. For NFTs, the Bored Ape Yacht Club NFT has its differences and is unique from other NFTs.
Use cases
Non Fungible tokens and fungible tokens do not perform the same purposes or solve similar problems in the real world.
Fungible tokens are primarily used as a form of payment for services and products, just as the US dollar is used as a yardstick while performing financial transactions. Most of the time, the trades and transactions that occur in real-world scenarios are made using fungible tokens such as cryptocurrencies and fiat.
Fungible tokens also act as a store of value whereby the token maintains its value instead of having constant volatility and depreciation. The currency of a nation, like the US dollar, functions as some store of value to the economy of the United States.
Non-fungible Tokens, on the other hand, primarily function as a way of maintaining the intellectual rights and property of artwork and other things. Those who have intellectual properties that are in the form of music, videos, files, and even old tweets can easily convert them to NFT and claim the right as the owner.
Non Fungible Tokens are also used in the gaming industry to ensure that players are well compensated and rewarded for their activity on gaming platforms. Some gaming platforms such as Axie Infinity and The Sandbox use non-fungible tokens to reward their users as in-game collectibles.
Another feature NFTs have that does not exist for fungible tokens is that they are used in the healthcare sector to create lifelong identity verification.
Isn’t that awesome? The birth certificates of a baby can easily be converted to an NFT, making it impossible for the data on the NFT to be tampered with or destroyed.
Types Of NFTs And Fungible Tokens
The varieties of NFTs that are in existence are pretty different from fungible tokens; in some cases, they are not related in any way.
For fungible tokens, the types are broken down into utility tokens, governance tokens, and security tokens.
Utility tokens are fungible tokens that help to grant users access to a particular platform or service on the blockchain. The primary function of these utility tokens is to serve as a reward for performing some activities in a platform or ecosystem.
When it comes to cryptocurrencies, governance tokens function as some form of voting right for users of an ecosystem to dictate how the ecosystem should be operated.
Unlike other fungible tokens, security tokens don’t often get recognition on social media and the internet because they don’t serve many purposes. The primary purpose served by security tokens is that it functions as a way of getting some form of ownership in a company.
There are many kinds of non-fungible tokens, too, including video, collectibles, music, art, and game NFTs.
Video NFTs are a kind of non-fungibles made using moving pictures through blockchain technology to create and issue NFTs. Video NFTs are closely related to music NFTs; the only difference is that while the first may be moving pictures, the latter is organized sounds.
Game NFTs are in-game items in the form of NFTs that are used by gaming companies such as The Sandbox to reward their players.
Art NFTs are created mainly by digital artists who do not want their art or intellectual property pirated by other people without well-deserved credits. By converting their art to NFTs, they will forever remain the original owners of that art, whether the ownership rights are transferred or not.
Value Transfer
Value transfer differs between fungible and non-fungible tokens; one is based on the number of tokens involved, and the other is based on uniqueness.
The value transfer of fungible tokens is determined by the number of tokens in the owner’s wallet. Assuming you are transferring Ethereum or 100 dollars to another wallet or account, the value primarily depends on the amount you will be moving.
In the case of non-fungible tokens, the value transfer of the tokens relies more on the uniqueness of the token. You should know that the more an NFT has rare or unique features, the more the value of the NFT will likely increase.
It is the uniqueness of the NFT that helps to drive the number of expectations that community members have for an NFT and the excitement behind the project.
However, one should note that the rarity and value of an NFT are not only determined by its number of traits. The traits of an NFT should be so uncommon that they should not be found in another NFT; this will help drive up the price and evaluation of the NFT.
Wrapping up
Fungible and non-fungible tokens have little or no similarities but have significant differences, making them so contrasting.
While fungible tokens can easily be divided and interchanged with other fungible tokens, NFTs are unique and don’t have a replacement.
Currently, most fungible tokens are used as a store of value and for financial services, while non-fungible tokens are mainly used for rewards on gaming platforms.
Experience the world of entertainment like never before. Mogieland is Hollywood reimagined.
It’s the metaverse primed for changing in the world of entertainment including film, music, art and fashion.
Get ready for fun and adventure. From the animators that brought The Simpsons series, The Simpsons Movie and VR attractions at Universal Studios Japan, comes the first ever NFT animated series. The Mogies is a collection of 1,923 NFTs inspired by the last 100 years of Hollywood characters and personalities, leading into the upcoming animated series and Mogieland metaverse.
Why so serious? The animated series and metaverse is going to be filled with fun adventures and surprises.
Superheroes, sidekicks, mutants,inventors and supervillains are engaged in epic adventures while interacting with children’s characters, talk show hosts and various other famous Hollywood-inspired characters inside Mogieland.
Mogies are citizens of Mogieland.
In actuality, they are aliens from an advanced race that use “lasers” to transform the landscape in the blink of an eye.
Amidst scrub brush and desert dunes, a UFO has landed and then obscured itself. It’s a shrouded forcefield that has taken the shape of an old tube television laid on its back. What goes on behind its opaque borders has remained a mystery…until now.
Mogies feed off entertainment as energy, and travel across the Universe absorbing this vital resource, sucking intelligent worlds dry and moving along to the next. Earth stands to be the biggest source of entertainment and salvation because when our little Mogies get bored, they die.
Ultimately, Mogies are passionate cosplayers and the biggest fans in the galaxy. Mogieland is their Comic-Con and they have every intention to ensure it lasts forever.
Mogies look and act like all our favorite characters and Hollywood icons from the past 100 years, even ones that can control the weather inside the metaverse.
Selected characters from amongst the NFT collection have already been chosen as characters of the Mogies animated series. As more scripts are written, characters are animated, and episodes produced, certain Mogies will be joining the cast.
Which ones are already STARS, that we can’t tell you. You’re gonna need to watch to find out.
Mogies Reward redemption
The Mogiescollection of NFTs support the creation of the new animated series. To ensure that the Mogieland and Mogies ecosystem is healthy and continually adding more utility, 50% of all 7.5% secondary market royalties will go directly towards growing the project. Also 10% of all future rewards from the Mogies animated series, wearables, collectibles, or line of figurines will be distributed to Mogie NFT holders as rewards quarterly.
Mogie NFT owners will get the ability to participate in the animation series development. In the private Discord channel, Mogie owners can be part of the animated filmmaking process in partnership with the animators of the Simpsons. They can make suggestions about the series and have direct input to the creators.
Once the animated series airs, the studio version of the Pilot will be transformed into an exclusive NFT and be sent out to all Mogie holders. As part of the Mogies derivative collection, users will own a piece of a TV series. In addition a special thank you will be shown in the credits at the end of episodes to select holders.
Mogieland breaks geographical barriers to access exclusive events and brings them into a universe where brands, fans, movies, and celebrities can interact. It’s where movies meet blockchain.
When humans enter Mogieland they become Mogies too!
Mogieland visitors will be able to visit the walkaround environment and enjoy the festivities
Watch movies with tickets paid for in STARS tokens
Attend concerts
Attend fashion shows
Buy NFT’s from virtual stores
Enjoy hangout areas with other cinema lovers in VR environments to discuss all things entertainment and Mogul
Play to earn in Studio City
Hollywood is one of the most highly trafficked tourist destinations in the world. Soon Mogieland will be too. All powered by STARS tokens.
Only exclusive Mogie NFT holders will have the privilege of walking around as one of the STARS of cinema and entertainment plus enjoy exclusive perks.
Within the Mogieland metaverse Mogies NFT holders will be able to:
Own land. All Mogie holders will receive a piece of land in Mogieland
Take their Mogies to movie premieres and red carpet events
Mingle with film and entertainment creators plus get behind-the-scenes looks
Attend first screening viewings of films partnered with Mogul Productions
Attend meet and greets with the stars
Build your own place in Mogieland and show off all your NFT’s
Own iconic pieces of Hollywood transformed in Mogieland
Show off your virtual style by wearing your own NFT fashions
Much more utility and many more features are being added in Mogieland over time as Mogul expands its rapidly growing list of partners.
All Mogie holders will receive a piece of land in Mogieland. If a purchaser owns a Mogie and an Access Pass they will receive two plots of land in Mogieland. If a purchaser owns a Mogie, Access Pass, and a certain threshold of STARS tokens to be announced at a later date, they will receive 3 plots of land in Mogieland. These plots of land are randomly distributed according to the type of Mogie and Access Pass.
Rarer Mogies and Access Passes will have a higher weighting to receive more coveted locations of land.
Mogul Productions is the DeFI and NFT Marketplace for the entertainment industry. We partner with some of the biggest names, helping artists connect with their most loyal fans on different levels. Mogul makes the process of connecting artists with fans more exciting, by equipping these fans with innovative ways to co-create with them.
Mogies were designed by CHAVVO Studios. The award-winning, transmedia production team has worked with major Hollywood studios including Disney, Universal, Marvel Entertainment, Sony Animation, Cartoon Network, Fox, Dreamworks, Nickelodeon, and EA.
The team has been involved in the production of major box office hits including The Simpsons Movie and series, Kung Fu Panda, The Avengers and many more.
CHAVVO is committed to the Mogieland NFT community and new animated series.
“Mogieland is a homage to Hollywood, to our favorite characters, actors, and movies that have made us. Mogul is set out to make this the very first NFT animated series and we couldn’t be more excited to partner with them. Mogul has given us creative freedom to develop something original and special in this space. It’s great to see Mogul supporting creators and the animation community like very few others have. We are committed to this project and the NFT community. As a NFT producer we want to be a major player in the NFT space. Working with Mogul, I can see that really coming to fruition.” says Erick Tran, Chavvo founder and producer.
Mogies will be sold in a Dutch Auction process, which means that Mogies will start at 1 ETH and the price will slowly decrease at a rate of 0.2 ETH every 24 hours
Phase 2: Whitelist Sale for Access Pass holders (NFTs reserved for them)
The 1,073 Mogies will be available to those on the whitelist and will be sold at the last price of the Dutch Auction.
Phase 3: Public Sale
Any remaining Mogies will be available for 72 hours and will be sold at the last price of the Dutch Auction.
Phase 3.5: Bonus Mint
Any unsold NFTs will be allocated to the first purchasers from the dutch auction. This phase will only occur in the unlikely event that the Mogies allocated for public sale do not sell out within a 72 hour period.
Phase 4: Reveal
Once all the Mogies have been distributed, we will commence with the reveal, and everyone will be able to see which of their Mogies they received.
Mogies pays homage to the top entertainers and creators that helped make Hollywood what it is today, and create a standard for the next 100 years of filmmaking that will occur within Film3.
Film3 is a movement spearheaded by Mogul Productions and our community to empower film and content creators to create movies and content in better fan exclusive ways using blockchain technology.
Mogul is where movies meet blockchain through DeFi and NFTs, and now, the Metaverse through Mogies and their new home, Mogieland.
Changes are afoot. The entertainment industry is moving rapidly toward embracing Web3. The power balance of the entertainment world is shifting toward the creators and fans and away from traditional mainline bureaucracy.
Artists get paid directly from their fans. Audius is a blockchain decentralized music streaming service which removes the middlemen in the traditional music industry by connecting artists directly to their fans. Audios’ music player interface serves over half a million users each month. It is fully decentralized and operated by a community of artists, fans, and operators, giving access to exclusive features and content.
Artists have the sole ownership of their music and can decide how to monetize them on the platform. They can distribute their music free of charge or set custom fees for fans to unlock exclusive content.
Music curators can receive 90% of the revenue in $AUDIO. The other 10% is distributed to stakers that support the Audius network. By staking $AUDIO tokens, artists can access content distribution tools to distribute their artist tokens to fans. Fans holding artist tokens can unlock exclusive access to token-restricted content, such as unreleased tracks, remix competitions, etc.
Chiliz $CHZ, the token for sports & entertainment
Chiliz provides sports and entertainment entities with blockchain-based tools to help them engage and monetize their fans. The Chiliz token was developed by the Socios sports fan engagement platform which is built on the Chiliz blockchain infrastructure and uses $CHZ as its exclusive on-platform currency.
Socios allows fans to purchase branded Fan Tokens from some of the biggest sports teams in the world including FC Barcelona, Juventus, Paris Saint-Germain, AS Roma, Galatasaray, Atlético de Madrid, OG, CAI & UFC.
Fan Tokens bought on Socios.com allow users to influence their teams via popular vote and become eligible for engagement-based team rewards and recognition. All Fan Tokens are minted using the Chiliz blockchain and all voting is executed as a series of smart contracts.
Companies could use the platform to mint NFT collectibles, deploy play-to-earn games, or even launch their own fan token initiatives independently of Socios. They could also develop DeFi applications, loyalty programs, and more.
CEEK, the token for live concerts and events
CEEK is an award winning developer of premium social virtual and augmented reality experiences, connecting music artists, athletes, and other digital content creators directly to their fans in virtual worlds.
They unlock new revenue streams for music artists and creators by offering new ways to reach and monetize their fanbase. CEEK tokens enable real time artist payments verified on the blockchain.
Their Web3 platform bridges the gap between gameplay and social networking. The platform helps music artists, athletes, event creators and makers create direct-to-fan experiences that drive engagement within virtual worlds.
The VR technology lets fans interact, connect and enjoy 360 videos and other experiences in a fully immersive virtual world. It simulates the experience of attending live concerts and other live experiences like being in classrooms, attending sporting events and exclusive experiences. Fans can get up-close and personal with bands or enjoy seeing themselves inside a VR experience with friends.
Their VR’s partnership with Universal Music grants rights to live performances with top tier artists including Bon Jovi, Lady Gaga, U2, Sting, Ziggy Marley and others. CEEK is empowering creators with the tools to generate new revenue streams from their artistry digitally.
STARS, the token for film
Let’s make a film together. From script to screen, the road to Web3 Filmmaking, with fanbase participation, goes through Mogul Productions and its upcoming metaverse Mogieland.
Mogul’s immersive and inclusive Film3 platform transforms how movies and other art forms and entertainment get funded through decentralization. It allows members of its expansive community to participate in the production process.
Until Mogul, the mass of enthusiastic movie fans seeking greater involvement in movie production, were an under-served community. A lot of great films were not getting made, due to the studios holding all of the power.
Today, new ways of financing are igniting new trends for indie filmmaking.
Bringing power back to the crowd.
Fans are becoming a powerful force in the decision making process. Mogul offers movie fans a piece of the action on the films they support. Fans vote with STARS tokens on which films they want produced. When the fans help vote for a film, they get access to certain perks.
Digital movie merchandise is also used to promote upcoming releases. Independent filmmakers can monetize NFTs as a means of funding their work. Fans can purchase the NFTs during the pre-production and production phases of filmmaking.
These utility-based NFTs are designed to bring fans closer to the action via different forms of film memorabilia, exclusivity and behind-the-scenes access. A couple of examples of those could be attending red carpet premieres. It could be getting producer credits on a film. It could be getting access to behind-the-scenes content from the production or it could be meeting a lead actor for face time, or one-of-a-kind film posters..
STARS is the token for Movie Fans. STARS are used throughout the Mogul platform to buy NFTs in the marketplace, vote on films they want produced, redeem exclusive rewards and get discounts on marketplace purchases. Buying Mogul NFTs with STARS gets a 5% discount compared to buying with ETH. Plus there are lower gas rates. And when you sell NFTs, users receive a 2.5% discount on marketplace fees.
Music, Sports, Concerts and Film are just the beginning of Web3 Entertainment.
Decentralized film financing platform Mogul Productions, which operates at the intersection of blockchain technology and filmmaking, has partnered with CryptoCart to give community members more motivation to use their platform’s native $STARS tokens.
Through the partnership, token holders can spend $STARS on gift cards from dozens of top retailers, including Walmart, Best Buy, Airbnb, Home Depot, and others.
The premise of Mogul Productions is to bring power back to the crowd. Mogul has long rewarded community members for engaging with their DeFi and NFT platform. $STARS tokens give die-hard movie fans a say, and stake in how movies get funded. Fans are able to engage with filmmakers and new exciting projects in deeper, more meaningful ways.
Multi-award-winning filmmaker and actor Anthony Hayes is launching an NFT Series in partnership with Mogul Productions. The proceeds from these NFT sales will finance the new sci-fi film trilogy, “Retrogression.”
Hayes is the producer and director of the movie GOLD starring Zac Efron, which is currently out around the world. As an actor, he is known for his work in WAR MACHINE alongside Brad Pitt, THE ROVER with Robert Pattinson, LIGHT BETWEEN OCEANS with Michael Fassbender, and ANIMAL KINGDOM with Joel Edgerton.
With his upcoming blockbuster film franchise, Hayes is combining the wild world of crypto and NFTs with the exciting universe of “Retrogression.”
Multi-award-winning filmmaker and actor Anthony Hayes is launching an NFT Series in partnership with Mogul Productions. The proceeds from these NFT sales will finance the new sci-fi film trilogy, “Retrogression.”
Retrogression is a feature film that is part of a three part Sci-Fi trilogy directed by highly acclaimed Australian Filmmaker Anthony Hayes. Hayes is the Producer/Director of GOLD starring Zac Efron, which is out around the World now. As an actor he has starred in WAR MACHINE with Brad Pitt, THE ROVER with Robert Pattinson, LIGHT BETWEEN OCEANS with Michael Fassbender and ANIMAL KINGDOM with Joel Edgerton.
Retrogression is another big step forward for Mogul as they look to drive positive change in the entertainment industry by leveraging their platform to empower incredible filmmakers to maintain more financial and creative autonomy. This in conjunction with getting passionate film fans involved in the script to screen process enables a community driven approach to getting the next blockbuster made. The NFT collection will be used as a vehicle to help drive financing and launch the film into production.
The Dark Army is a limited edition mint of an exclusive NFT collection of film-based character NFTs drawn from the sci-fi world of Retrogression – a blockbuster, Hollywood film franchise in development set 300 years in the future. The Dark Army are the enforcers of the law on the desperate island of Omega – one of the few habitable land masses left after the devastation of rising seas caused by climate change. The Dark Army police the Slave Factories, where the poor are forced to work, making “green” products for the rich, who live in massive, luxurious floating cities.
The Dark Army NFT collection is one-of-a-kind, incorporating a limited number of random, super-rare NFTs that entitle the holder/s to perks such as an Executive Producer credit on the first Retrogression feature film. Other rare NFTs will entitle the holder to an exclusive on-set visit during filming, while others will entitle the holder to an appearance as a featured player in the film. Each NFT will as a minimum include: Beta testing passes to play the Retrogression game, a digital image of a costume from the film, location Scout Shots NFT, Exclusive access to Behind the Scenes Shots and Interviews on FilmCrib.io, Storyboard Art NFT, Access to Exclusive Clips on FilmCrib.io. The collection ecompasses more than 15 types of holder utility across both physical and virtual.
The collection will be launched on the Ethereum Blockchain as ERC-721 tokens and purchasable in either Ethereum or ERC-20 STARS tokens. The minting process will be a “Lazy Mint” which is where each NFT minted is completely randomized using Chainlink’s provably fair minting system which is integrated into the Mogul platform, giving each buyer an equal opportunity to land a super-rare NFT.
The NFTs will be individually numbered, divided into military ranks and come in gold, chrome and hologram – all in full 3D designs which are displayed in GLB files that enable the holder to get a full 360 degree view of their NFT.
The super-rare NFT of the Dark Army’s leader – General McKinsky – will have a limited mint of only 10 in each color. The total collection size will be 1,530 units. Each NFT will have further utility built in, enabling future integration as character Avatars into various Metaverses where the Retrogression P2E Gaming experience will be hosted.
EXCLUSIVE: Animal Planet and War Machine actor Anthony Hayes is seeking to finance sci-fi film trilogy Retrogression through a digital collection created with NFT marketplace platform Mogul Productions.
Retrogression is being billed as a dark dystopian sci-fi epic set 300 years in the future, where The Dark Army polices slave factories on an island called Omega. The Dark Army NFT series draws inspiration from these enforcers on Omega’s ravaged landscape.
Actor and filmmaker Hayes is the producer/director of the Zac Efron-starring Gold and has appeared in several films and TV series. He has been developing Retrogression in recent months and has now partnered with Mogul to raise capital.
Experience the world of entertainment like never before in the metaverse for film, music, art & fashion. Mogieland is a homage to Hollywood and is inspired by the traditional landmarks of Hollywood, such as Hollywood Boulevard, Studio City, and more.
“Welcome to the party, pals!”
From the animators that brought The Simpsons series, The Simpsons Movie and VR attractions at Universal Studios Japan comes the first ever NFT animated series.
The collection of 1,923 handcrafted CGI NFTs is inspired by the last 100 years of Hollywood characters and personalities in celebration of the centennial anniversary of the Hollywood sign. All of which leads into the upcoming animated series, and new Mogieland metaverse.
Mogies are aliens that feed on entertainment. They look and act like all our favorite characters and Hollywood icons from the past 100 years, even ones that know kung-fu. Mogies are citizens of Mogieland and interact inside the metaverse through different adventures.
Ultimately, Mogies are passionate cosplayers and the biggest fans in the galaxy. Mogieland is their Comic-Con and they have every intention to ensure it lasts forever.
“Mogies episodes are like a box of chocolates. You never know what you’re gonna get.”
In animated series, action heroes, heart throbs, gladiators, talk show hosts, villains, aliens, princesses, children’s characters, and various other Hollywood-inspired characters are engaged in epic adventures.
With the launch of the coming series, the owners of these Hollywood-inspired NFT characters will have the IP rights to their characters forever. All of which come with valuable benefits.
“It’s not the years. It’s the mileage.”
The Mogiescollection of NFTs support the creation of the new animated series. To ensure that the Mogieland and Mogies ecosystem is healthy and continually adding more utility, 50% of all 7.5% secondary market royalties will go directly towards growing the project. Also 10% of all future rewards from the Mogies animated series, wearables, collectibles, or line of figurines will be distributed to Mogie NFT holders as rewards quarterly.
Mogie NFT owners will get the ability to participate in the animation series development. In the private Discord channel, Mogie owners can be part of the animated filmmaking process in partnership with the animators of the Simpsons. They can make suggestions about the series and have direct input to the creators.
Selected characters from amongst the NFT collection have already been chosen as characters for the Mogies Animated series. As more scripts are written, characters are animated, and episodes produced, certain Mogies will be joining the cast. Which ones are already stars, that we can’t tell you. You’re gonna need to watch to find out.
Once the Mogies animated series airs, the studio version of the Pilot will be transformed into an exclusive NFT and be sent out to all Mogie holders. As part of the Mogies derivative collection, users will own a piece of a TV series. In addition a special thank you will be shown in the credits at the end of episodes to select holders.
“Are you not entertained, Mogieland?”
Mogieland breaks geographical barriers to access exclusive events and brings them globally to a universe where brands, fans, movies, and celebrities can interact.
There are exciting events coming to Mogieland. It is the metaverse where movies meet blockchain. It’s a virtual place where Mogul will partner with movie producers and celebrities globally to do metaverse movie premieres at traditionally iconic Hollywood locations, and sell tickets in STARS to the premieres.
Mogies presents the opportunity to join an exclusive community of people who enjoy film, concerts, and CGI art. Each NFT is a key that unlocks access to the Mogul universe, with perks that are both real and in the metaverse.
“It’s a shagadelic future in the Metaverse”
Mogieland is open for everyone from around the world to enjoy all sorts of fun events and games. When humans enter Mogieland they become Mogies too! Hollywood is one of the most highly trafficked tourist destinations in the world. Soon Mogieland will be too. All powered by STARS tokens.
When humans enter Mogieland they become Mogies too!
Mogieland visitors will be able to visit the walkaround environment and enjoy the festivities
Watch movies with tickets paid for in STARS tokens
Attend concerts
Attend fashion shows
Buy NFT’s from virtual stores
Enjoy hangout areas with other cinema lovers in VR environments to discuss all things entertainment and Mogul
Play to earn in Studio City
Within the Mogieland Mogies NFT holders also will be able to:
Own land. All Mogie holders will receive a piece of land in Mogieland
Take their Mogies to movie premieres and red carpet events
Mingle with film and entertainment creators plus get behind-the-scenes looks
Attend first screening viewings of films partnered with Mogul Productions
Attend meet and greets with the stars
Build your own place in Mogieland and show off all your NFT’s
Own iconic pieces of Hollywood transformed in Mogieland
Show off your virtual style by wearing your own NFT fashions
Much more utility and many more features are being added in Mogieland over time as Mogul expands its rapidly growing list of partners.
All Mogie holders will receive a piece of land in Mogieland. If a purchaser owns a Mogie and an Access Pass they will receive two plots of land in Mogieland. If a purchaser owns a Mogie, Access Pass, and a certain threshold of STARS tokens to be announced at a later date, they will receive 3 plots of land in Mogieland. These plots of land are randomly distributed according to the type of Mogie and Access Pass.
Rarer Mogies and Access Passes will have a higher weighting to receive more coveted locations of land.
“Mogie Who Catch STARS With Chopsticks, Accomplish Anything.”
We’re not saying you can catch STARS tokens, or movie stars, with special chopsticks in Mogieland. But we are not saying that you can’t catch them with chopsticks either. All sorts of surprises are being developed behind the scenes.
Through special Play to Earn (P2E) games and events inside the metaverse, anything can happen especially with props which Mogul can create and develop within the Mogieland metaverse platform.
If your friends can’t get together in person for a special event, they can gather in Mogieland from around the world. Visitors can enjoy the best of the film, television, music, art and fashion world inside Mogieland and the overall NFT and DeFi marketplace.
Whether it’s an online birthday, a games night or a milestone event, there will be lots of things to enjoy in Mogieland on your special night with your friends from around the world. Some Mogies can cause all sorts of trouble inside Mogieland, including epic bachelor parties.
“Let’s go over the ground rules in an alien cosplay. There are no rules! Except for the hair. No touching of the hair, or face”
Things can escalate quickly in Mogieland. They can jump up a notch.
Millions of people across the globe go online to watch or attend entertainment events and attractions. Major facets of the entertainment industry are already shifting attention and funds into blockchain projects to grow their engagement with the online community. Mogieland is ready to embrace the blockchain community. It is the premiere destination for movies, concerts, shows, events and shopping.
There will be a cosplay policy on treating other Mogies with a level of respect. Still, the sky’s the limit for the amount of fun and adventures waiting to be had. “It’s kind of a big deal.” So stay classy.
Only exclusive Mogie NFT holders will have the privilege of walking around as one of the stars of cinema and entertainment plus enjoy exclusive perks.
Once the Mogies animated series airs, the studio version of the pilot episode will be transformed into an exclusive NFT and be sent out to all Mogie holders. As part of the Mogies derivative collection, users will own a piece of a TV series. In addition a special thank you will be shown in the credits at the end of episodes to select holders.
Mogul Productions is rapidly expanding its growing list of partners. Mogie NFT owners will enjoy more of the benefits of these partnerships as more utilities are added in Mogieland.
“Go on and make your jokes Mr Mogie…Joke-maker! How will the Mogies NFT sale work?”
Mogies will be sold in a Dutch Auction process, which means that Mogies will start at 1 ETH and the price will slowly decrease at a rate of 0.2 ETH every 24 hours
Phase 2: Whitelist Sale for Access Pass holders (NFTs reserved for them)
The 1,073 Mogies will be available to those on the whitelist and will be sold at the last price of the Dutch Auction.
Phase 3: Public Sale
Any remaining Mogies will be available for 72 hours and will be sold at the last price of the Dutch Auction.
Phase 3.5: Bonus Mint
Any unsold NFTs will be allocated to the first purchasers from the dutch auction. This phase will only occur in the unlikely event that the Mogies allocated for public sale do not sell out within a 72 hour period.
Phase 4: Reveal
Once all the Mogies have been distributed, we will commence with the reveal, and everyone will be able to see which of their Mogies they received.
Mogies pays homage to the top entertainers and creators that helped make Hollywood what it is today, and create a standard for the next 100 years of filmmaking that will occur within Film3.
Film3 is a movement spearheaded by Mogul Productions and our community to empower film and content creators to create movies and content in better fan exclusive ways using blockchain technology.
Mogul is where movies meet blockchain through DeFi and NFTs, and now, the Metaverse through Mogies and their new home, Mogieland.
Mogul is the NFT marketplace platform for the film, music, art, fashion and entertainment industry. The STARS token is our native cryptocurrency. The token provides greater access to the Mogul NFT and metaverse platform and is used for staking, governance and community ownership over the success of our NFT Marketplace.
Over the years Mogul has cultivated its team and technology to give you the best experience. Each day Mogul develops exciting products infused with a strong community spirit. With so many exciting products from film and entertainment in Mogul’s marketplace, new fans and collectors join our ecosystem daily.
Mogies were designed by CHAVVO Studios. The award-winning, transmedia production team has worked with major Hollywood studios including Disney, Universal, Marvel Entertainment, Sony Animation, Cartoon Network, Fox, Dreamworks, Nickelodeon, and EA.
The team has been involved in the production of major box office hits including The Simpsons Movie and series, Kung Fu Panda, The Avengers and many more.
CHAVVO is committed to the Mogieland NFT community and new animated series.
“Mogieland is a homage to Hollywood, to our favorite characters, actors, and movies that have made us. Mogul is set out to make this the very first NFT animated series and we couldn’t be more excited to partner with them. Mogul has given us creative freedom to develop something original and special in this space. It’s great to see Mogul supporting creators and the animation community like very few others have. We are committed to this project and the NFT community. As a NFT producer we want to be a major player in the NFT space. Working with Mogul, I can see that really coming to fruition.” says Erick Tran, Chavvo founder and producer.
This campaign with our new partners, Trace Network Labs is specifically designed for the Mogul Productions Community with the aim to create awareness about the partnership and to make the Mogul community ready for upcoming Metaverse Events. The Trace Network Labs Team has decided to give away $25k + USD worth of rewards for this campaign via their BUDDY NFT Passes! These NFTs will enable you to create real look-alike virtual characters based off your own Avatar and also grant you access to a plethora of virtual events such as Metaverse attending film premieres.
The campaign will have the following 3 stages:
Stage 1: Whitelisting for BUDDY MINT Pass. 1000 Buddy Mint Pass NFTs to be given to the whitelist addresses who complete the gleam campaign. BUDDY Mint pass NFT winners will use it to mint BUDDY Avatar NFTs. The winner’s addresses will be selected at random. (The campaign will be open for 2 weeks). The whitelisted addresses should be ERC 20 polygon (Non exchange)
Follow the steps to get started on the Gleam campaign and win your free NFT!
Stage 2: For those who complete a BUDDY Mint Pass, they will have access to receive a free mint for an animation NFT which can be minted from the Trace website. (This will be open for one week after Stage 1 finishes)
Stage 3: Holders will receive digital wearable NFTs for the those who post their BUDDY Avatar GIFs on their Twitter Handle and tag @trace_network & use the hashtag #BUDDY (1 week duration for submission).
How to get involved:
The Whitelisting Process will be based on completion of the following simple steps:
