In a unique initiative, the Arabian Beauty Company launches NFT and awards 50% of the intellectual property rights to a famous feature film


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The $50 million feature film “Antarah”, based on the story of the medieval Arab knight “Antarah Ibn Shaddad”, is being reproduced by “NFT Community Camels”, which developed the NFT that enables buyers to retain up to half of the rights The intellectual property of the film.

“Arabian Camels” and “Swapp Protocol” launched “Antara Movie NFT” to decentralize film ownership and reduce financial concerns associated with film production.

More recently, ownership of digital or real-world items is confirmed using NFT, a virtual asset.

The NFT will be created with DeFi capabilities by these two partners, which will be the first of its kind in the world.

The Ethereum network provides the basis for Swapp, a DeFi protocol pushed by the Ethereum community.

Instead of using traditional financial tools, DeFi relies on smart contracts on blockchain networks to raise funds.

The use of Swapp’s decentralized finance products will eliminate the financial risks associated with movie financing by being associated with Swapp.

Commenting on the new product, Alexandre Emaraty said:

My goal was to build a mechanism to make movies that would normally cost more than $50 million without risk.

Alexander continues:

This method will not only eliminate financial problems, but will also enable fans, and NFT owners, to own the films and their rights.

Because of this change, people and moviegoers who want to support a project will have more power over how the film is made than traditional funders and production companies.

NFT owners can reap the benefits of passive income.

Whereas, direct financial rewards are given to people who support the project before the first theatrical performance via the “Swapp” platform.

Those who are part of Camel NFT can co-produce the film, write their name in the credits as producers, and have access to the filming location in the Arabian Desert, where the film is being shot.

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