thenewscrypto.com
Fan engagement in film finance and fractional ownership of high-end movie artefacts will be possible through SOMA. Meta Hollywood, a joint venture between Planet Hollywood and Animoca Brands, has selected SOMA Finance, LLC, (SOMA.finance) the joint venture between MANTRA DAO and Tritaurian Capital, Incorporated (“Tritarian Capital”), as the issuing partner for their upcoming ecosystem of digital securities spanning both physical and digital assets, to issue their digital securities.
In order to provide “Hollywood fanatics” in the United States and throughout the world with first-of-their-type compliant securities for NFT issuance and trading, Meta Hollywood has joined up with SOMA. Meta Hollywood’s worldwide Web3 community will first have the ability to engage in film finance and partial ownership of blue-chip movie memorabilia due to the cooperation.
Robert Earl, Co-founder of Meta Hollywood, said:
“Planet Hollywood owns one of the world’s largest privately held collections of movie memorabilia. Meta Hollywood community members have already had the chance to win physical memorabilia from iconic franchises including Star Wars, Judge Dredd and Die Hard. Through its partnership with SOMA, Meta Hollywood will be able to offer its community the exclusive opportunity to own some of the most iconic movie memorabilia in Hollywood history including input on future memorabilia acquisitions from Marvel Comics, DC Comics, Star Wars, and other blockbuster franchises.”
Robert Tran, Co-founder of Meta Hollywood, said:
“Web3 communities have heralded a cultural shift in consumer behavior and their expectations of their relationships with brands – from audience to community members, customers to stakeholders. Through its tokenized film financing offering, Meta Hollywood intends to align the film-making process with a Web3 ideology, affording entertainment fans unprecedented access and participation across all aspects of the industry including input on auditions to script and cast selection. This platform will also serve to foster creative talent, offering community members the opportunity to submit their work for the chance to be a part of each production.”
Will Corkin, Co-founder of SOMA.finance, said:
“We all have favorite moments, songs and iconic memorabilia from movies and the world of Hollywood, which as digital assets and NFTs require specific protections. SOMA.finance ensures a clear and inclusive pathway for retail investors, creators, movie-lovers to take part in the next evolution of entertainment in the Metaverse and associated memorabilia via NFT and token issuances in the future.”
William B. Heyn, Co-founder, SOMA.finance, and CEO of Tritaurian Capital, said:
“Safe interaction between issuers, investors and consumers under the U.S. regulatory umbrella is the right protection SOMA.finance can offer Meta Hollywood. Fans of arts, culture and entertainment will depend on trust to enter the block-chain based assets, which we can build for Meta Hollywood.”
Soma.finance intends to be the first US-compliant, worldwide multi-asset decentralized exchange platform (DEX) that can list Regulation CF, Regulation D, Regulation S, and Regulation A offerings, all in a safe, customer-friendly environment, all in accordance with US regulations. Furthermore, in a secure and intuitive environment, it aims to cover compliant trading and issuance of tokenized equities, crypto assets, STOs, NFTs, and more.