Times Studio, the visual content-producing arm of Times magazine, is creating a new children’s TV show featuring “Robotos,” a popular NFT collection. Created by artist Pablo Stanley, Robotos is a non-fungible token (NFT) series made up of 10,000 droids with over 170 characters. NFTs are digital collectibles that can be purchased using fiat currencies and cryptocurrencies. Stanley said he has always dreamed of bringing characters to life and creating a universe around them. This is one of the first projects where the native IP address of NFTs is used to create a TV show.
“Robotos is a collection of droid characters designed by Pablo Stanley and created in NFT form. They are constructed from various metal outfits, pewter faces, digital props, top pieces, faces, backpacks, arms and colors, ”explains the official Robotos website, describing the project.
Times Studio TV content creators believe the opportunity to work alongside the creators of NFT is untapped, The Hollywood Reporter said. So they decided to explore the possibility of turning NFTs into TV characters and chose Stanley’s droid creations.
“There are so many amazing IPs being developed in the NFT space. As the ecosystem continues to grow and be adopted by the general public, we are proud of the role Time can play in providing these creators with our platform and access to alternative media, including film. and broadcasting, ”said Time chairman Keith Grossman.
Unresolved animated GIF, PNG and SVG files will be provided as NFT to buyers. According to the information listed on the official Robotos page, the price of each NFT is around 0.7 Ether or $ 3,054 (around Rs. 2.2 lakh).
Keeping up with the social media buzz, artist NFT posted photos of what they look like on Twitter.
So far, elements inspired by movies, TV, and music content have been reworked in NFT, and with this project the tables are turning.
On behalf of a larger artist community, Stanley said the NFT space has changed the lives of artists.
“I am grateful to the NFT space, which has supported artists like me and made such a positive impact on the lives of creators. NFTs bring together art, community, and technology to create something unique and innovative: the future of storytelling and world-building. I look forward to telling the stories of our new characters and bringing the Robotos and NFT community with us, ”NFT artist said in a statement.
In the third quarter of 2021, NFT’s sales volume jumped to $ 10.7 billion (roughly Rs 79,820 crore), more than eight times over the previous quarter, according to data from market tracker DappRadar.
In the largest NFT market, OpenSea, sales volumes reached $ 3.4 billion (around Rs. 25,320 crore) in August and remained strong even in September when global stock markets weakened.