Animated NFT Series First for Mogul
The first animated NFT cartoon series - the Mogies - has been launched by the NFT marketplace and DeFi platform Mogul Productions.
The adoption of non-fungible tokens (NFTs) is accelerating, with the entertainment industry benefiting the most. NFTs are frequently used in crypto art, gifs, short clips, and other types of digital material.
Mogies, a collection of 1,923 NFTs, is inspired by the last 100 years of Hollywood characters and personalities. It was created to recognise the centenary celebrations around the erection of the iconic Hollywood sign.
The Mogies will be part of the Mogieland metaverse, which is presently in development.
Mogies and the Mogieland Metaverse
Erick Tran and the team at CHAVVO Studios have created masterpieces, including renowned creations like The Simpsons, Kung Fu Panda, Monsters Inc., and others.
CHAVVO Studios is an award-winning transmedia production company that has served major Hollywood studios such as Disney, Universal, and Marvel Entertainment.
Mogies are aliens who live off entertainment. They each relate to Hollywood icons from the last century and include action heroes, talk show hosts, children's characters, villains, warriors, princesses, and other Hollywood figures.
Some Mogies have angel wings, which means the characters they portray are dead. Aside from the animated NFT series, all Mogies will be part of the Mogieland Metaverse, influenced by typical Hollywood locations like Sunset Boulevard. Among the things that NFT holders will be able to accomplish in the forthcoming metaverse are:
- Possess land
- Attend movie premieres and red-carpet events with their Mogies
- Interact with filmmakers and entertainers, gain behind-the-scenes access, and more
To ensure the success of the metaverse and the Mogies ecosystem, half of all 7.5% secondary market royalties will be used to finance the project's expansion.
Additionally, 10% of all future income from the Mogies animated series, wearables, collectibles, and figure lines will be delivered to Mogie NFT holders as rewards on a quarterly basis.
Author: Priya Kumari
Priya is a passionate content writer and the co-founder of Finendorse. She is an enthusiastic crypto investor and has a huge interest in the upcoming digitisation age.