Mogul Productions, a decentralized film financing (DeFiFi) and movie-based NFT platform has partnered with NFTY Labs, an NFT technology and infrastructure business, to expand the usefulness of Mogul NFTs and provide NFT holders with exclusive access to curated, token-gated communities.
Mogul will be using NFTY Labs’ flagship product, NFTY Connect, to build exclusive communities that will be accessible only to NFT holders. This will be available only to Access Pass holders of all levels in the Mogul group.
Spam, anonymity, and a lack of validated commitment to the project make it difficult to scale crypto-based communities. Mogul will encourage meaningful dialogue with authenticated users by using an NFT as a proxy to enter a community, providing a more accommodating, interactive, and intimate atmosphere to bring bespoke interactions and discussions to Access Pass holders. These discussions will take place in a more intimate setting with the Mogul team, as well as Mogul partners, filmmakers, and talent.
NFT authentication makes this possible. Exclusively-accessible communities can know whether Mogul users have the necessary NFT. This enables Mogul to create content that is only available to Access Pass holders.
Ty Blackard, Co-Founder, and COO at NFTY Labs. sais ; “We’re ecstatic to be working with Mogul” “Their Access Passes are a natural fit for our technology; helping them use NFTs functionally within their ecosystem.”
Lisa Sun, Founder & President of Mogul Productions also said ; “Both of our companies are passionate about NFT utility, which makes this partnership a natural progression while we grow Mogul and give more utility to our Access Pass holders.” “NFT-based authentication will help us provide even more bespoke experiences to our users and Access Pass holders.”
About Mogul Productions (Mogul)
Mogul Productions is a decentralized film financing (DeFiFi) platform that connects creators, movie fans, and film financiers in one space to ensure the best films get made by giving everyone a voice. By leveraging blockchain technology, NFTs and a tokenized system, Mogul incentivizes participation and rewards engagement. Using the Mogul in-app payment and utility token (STARS), users can vote on, greenlight and participate in key decision-making aspects of production.
About NFTY Labs
NFTY Labs is a foundation focusing on the growth of NFT ecosystems by building open-sourced, community-based tools that will unlock inherent utility and value within NFTs. NFTY Lab’s goal is to create new applications that offer new utilities for NFTs, and we aim to do this by utilizing a core feature of all NFTs: ownership.