Meta Hollywood, Planet Hollywood and Animoca Brands’ joint venture, has just announced its partnership with SOMA.finance. Together, they will offer Hollywood fanatics access to first-of-their-kind compliant securities when purchasing Hollywood memorabilia NFTs.
Presenting Hollywood memorabilia as NFTs
The partnership will initially focus on allowing Meta Hollywood’s community to participate in movie financing. Not only that, but the venture will also allow movie fanatics to own blue-chip Hollywood memorabilia.
According to Robert Earl, the platform’s co-founder: “Planet Hollywood owns one of the world’s largest privately held collections of movie memorabilia. Through its partnership with SOMA, Meta Hollywood will be able to offer its community the exclusive opportunity to own some of the most iconic movie memorabilia in Hollywood history.” This pool of iconic memorabilia includes acquisitions from Marvel Comics, DC Comics, Star Wars, and other blockbuster franchises.
William B. Heyn, SOMA.finance’s co-founder, added: “Safe interaction between issuers, investors and consumers under the U.S. regulatory umbrella is the right protection SOMA.finance can offer. Fans of the arts, culture and entertainment will depend on trust to enter the blockchain-based assets.”
About Meta Hollywood
Meta Hollywood is a community-first ecosystem at the intersection of Hollywood and web3. The ecosystem has access to more than 60,000 Hollywood memorabilia.
In addition to physical objects, the community adds value by facilitating web3-enabled experiences. By democratizing the entertainment sector, the platform empowers movie lovers and consumers. Through various initiatives, such as the introduction of the Meta Hollywood native token, the platform aims to transform the Hollywood experience into a hybrid web3 ecosystem.