Oscar-Nominated Documentary is Auctioned as Non-Fungible Token (NFT)

There is a new entertainment platform for filmmakers: non-fungible tokens (NFTs).

According to an article on the Benzinga financial news site, Canadian filmmaker Adam Benzine’s Academy Award-nominated 2015 documentary “Claude Lanzmann: Spectres of the Shoah” is being released on the Ethereum blockchain as an NFT, which marks the first time that an Oscar-nominated film has been made available on this format. Ten limited edition copies of the 40-minute film being auctioned on the Rarible marketplace, each with a Buy-it-Now price of 200 ETH, or roughly $360,000. The auction runs through March 18 at 9:00 a.m. EDT.

If you are not familiar with NFTs, this article will help introduce you to the concept.

And if you can’t bid on the film, which already played on HBO, fear not – it will be available on digital platforms including Vimeo on Demand starting April 7.