coincodex.com
Key takeaways
- Aptos Labs will team up with NBCUniversal to build an immersive AR experience, supporting the premiere of The Exorcist: Believer in cinemas in October 2023
- Fans who purchase a cinema ticket through Fandango will be given a redemption code to access the experience, which will be hosted on the Aptos blockchain
- The CoinCodex price prediction algorithm expects APT to re-enter a key support range in the coming days before posting a +56% recovery over the next 6 months
Aptos Labs partners with NBC’s Universal Pictures to bring an immersive digital experience to fans of The Exorcist: Believer
Aptos Labs has revealed that it will be hosting an immersive digital experience with Universal Pictures to mark the premiere of The Exorcist: Believer, which will go live in cinemas on 6th October 2023.
The event will be the second time that Aptos has offered a digital experience to support the release of a new movie, following its partnership with NBCUniversal for the creation of a Renfield-inspired blockchain game earlier this year.
We’re back at it—with a bigger, more haunting collaboration that you won’t soon forget! ??
Aptos Labs and @NBCUniversal are taking horror fans on an immersive journey into the chilling world of #TheExorcistBeliever.
Get ready for a spine-tingling experience, built on Aptos. https://t.co/gdzDAgdMCr
— Aptos Labs (@AptosLabs) September 28, 2023
The Exorcist: Believer, Aptos will be creating a platform that gives the user a better-than-front-row seat. Every participant will play the role of an on-set extra in augmented reality, as well as uncover digital artwork and gain access to behind-the-scenes footage.
Fans of the movie franchise can secure their place in Aptos' immersive experience by purchasing a ticket for The Exorcist: Believer through Fandango. The ticket will come with a redemption code that provides exclusive access to the platform.
Aptos CEO and co-founder, Mo Shaikh, stated, “We have the benefit of working with exceptional partners to build on top of Aptos, the only enterprise-grade layer-1 blockchain that can handle a global volume of immersion and gore required to wow millions of Exorcist: Believer fans.”
Algorithm predicts APT retrace imminent, forecasts key trend reversal over next six months
After climbing more than +14% in a five-day period before retracing, Aptos (APT) has continued to climb back toward its recent high. Bitcoin (BTC) rose 3.65% on 28th September, which may have been expected to cause a similar surge from APT, but the latter token lagged behind with only a 0.3% move on the day.
Yesterday, it was reported that the CoinCodex algorithm expects APT to re-test its recent high before crashing back into a key support range between $4.90 and $5.15. The 5-day price prediction for APT remains consistent in this target, with a long-term trend reversal expected after an accumulation period inside the zone.
By early 2024, APT is expected to have fully reversed the current downtrend, which has been ongoing since January 2023. In that time, APT lost more than 75% of its value to re-test support at a rejection level that was formed pre-breakout in December 2022. By match 2024, the 6-month price prediction is anticipating a +56% recovery for APT.
Bottom line: Aptos showcases blockchain performance capabilities through a partnership with Universal Pictures
Aptos is widely considered to be one of the most scalable blockchains in terms of its transaction processing, and its ability to handle a large throughput will be put on full display during the unique immersive experience that will be hosted for The Exorcist: Believer.
As stated by the CEO and co-founder of Aptos, the blockchain-integrated AR platform being developed for the special event is expected to host millions of users. This reflects the in-built capabilities of the network itself, despite it being a relative newcomer to the world of blockchain technology.
The CoinCodex price prediction algorithm remains consistent in its short-term forecast despite a bullish move from BTC in the past 24 hours. The 5-day prediction targets a fall into a key support range, while the outlook for the next 6 months is that APT could use this range as an accumulation zone heading into a longer-term trend reversal.
