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NFT Licence

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Last updated 1 year ago

OpenMotion brings a fresh application to NFT technology. With OpenMotion, movie NFTs actually represent a NFT license that enables NFT holders partially own a unique piece of unique content (animation) based on the amount invested. Once the animation or content of animation starts being distributed, it will start generating income and the producer or distributor will trigger OpenMotion to open a license lease service for that particular animation. NFT license holders will be able to lease their NFTs for investment return. The return is entirely paid by the animation creator/studio and/or distribution company. Moreover, NFT license holders have the opportunity to mint Fan NFTs, granting exclusive access to the fan platform for a specific animation on the OpenMotion platform.

FIGURE 9. Animation NFT licence and licence lease service