Warner Bros. to release Lord of the Rings NFT

According to BlockBeats, on October 20, Warner Bros. Discovery has become the first major studio to sell a bundle of NFT movies, "the Lord of the Rings: the Fellowship of the Rings" will be released tomorrow. Developed by Warner Bros. in partnership with Web3 company Eluvio, each NFT features a 4K copy of Peter Jackson's 2001 debut, The Lord of the Rings, as well as behind-the-scenes footage, plenty of stills and exclusive properties inspired by the films. Eluvio hosts NFTS through its Ethereum-compatible blockchain.