Times Studio, the visual content production department of Time magazine, is producing a new TV show for children, including the popular NFT series “Robotos”. Created by artist Pablo Stanley, Robotos is a series of non-fungible tokens (NFT) consisting of 10,000 robots with more than 170 characters. NFTs are digital collectibles that can be purchased with fiat currency and encrypted currency. Stanley said he has always dreamed of bringing characters to life and creating a universe around them. This is one of the first projects to use NFT’s native IP to produce TV shows.
“Robotos is a collection of robot characters designed by Pablo Stanley and cast as NFT. They are composed of various metal clothing, tin surfaces, digital accessories, tops, faces, backpacks, arms and colors,” Robotos’ official website describes the project.
According to The Hollywood Reporter, TV content creators at Time Studios believe that the opportunity to collaborate with NFT creators has not yet been exploited. Therefore, they decided to explore the possibility of turning NFT into a TV character and chose Stanley’s robot creation.
“Too many incredible IPs have been developed in the NFT field. As the ecosystem continues to evolve and achieve mainstream adoption, we can provide these creators with our platform and access to alternative media (including movies and broadcasts). ) And proud of the role played,” Times President Keith Grossman said.
Animated GIF, PNG and non-resolution SVG files will be provided to buyers as NFT. According to the information listed on the Robotos official page, the price of each NFT is approximately 0.7 Ethereum or US$3,054 (approximately Rs 220,000).
In order to keep the buzz on social media, the NFT artist has been posting these photos on Twitter.
So far, elements inspired by film, TV, and music content have been remade into NFT, and in this project, the situation will be reversed.
On behalf of the wider artist community, Stanley stated that the NFT space has changed the lives of artists.
“I thank NFT Space for supporting artists like me and having such a positive impact on the lives of creators. NFT combines art, community and technology to create something unique and innovative-storytelling A future built with the world. I can’t wait to tell the story of our new character and bring Robotos and the NFT community,” the NFT artist said in a statement.
According to data from the market tracker DappRadar, in the third quarter of 2021, NFT sales soared to 10.7 billion US dollars (approximately 7982 billion rupees), an increase of more than eight times from the previous quarter.
On OpenSea, the largest NFT market, August sales reached US$3.4 billion (approximately Rs 25,320 crore) and remained strong even during the global stock market downturn in September.