What is the value of Spider-Man NFT from AMC and Sony Pictures?
In an effort to help drive sales, AMC Theaters and Sony Pictures have partnered to provide AMC retail investors and reward members with an incentive, unlike anything they’ve ever received. Those who are part of AMC Investor Connect or are AMC Stubs Premiere & A-List members who reserve tickets to the December 16 premiere of Spider-Man: No Way Home have a chance to win a Spider-Man NFT.
AMC Theaters stated in its press release issued on November 28 that 86,000 NFTs were available to give away. The theatrical exhibitor put tickets for Spider-Man: No Way Home on sale on November 29. When will AMC launch the Spider NFTs and how much will they cost?
When will AMC and Sony Pictures give away Spider-Man NFTs?
If you’re among the first people to buy a ticket to the premiere of Spider-Man: No Way Home and are an AMC investor or rewards member, you could be selected to receive a Spider-Man NFT. In the press release, AMC stated that it would release codes and redemption instructions to eligible guests via email on December 22. It also stated that the NFT must be redeemed by March 1, 2022.
In addition to the terms highlighted above, you will also be required to attend a screening of the new Spider-Man movie if you wish to enter the drawing for a chance. to win the NFT. AMC stated that any ticket that is not used or refunded will not receive an NFT code. The company is giving away 86,000 NFT codes.
Anyone lucky enough to get their hands on a Spider-Man NFT will need a digital wallet.
What is the value of the Spider-Man NFT?
Right now, Spider-Man NFTs are essentially worth the price of a movie ticket, which varies depending on where it’s purchased and the age of the purchaser. However, if we’ve learned anything from NFT giveaways, we know that these rare pieces of virtual art increase in value when they can’t be purchased in advance.
One example is McDonald’s McRib NFT giveaway that took place in early November. The fast-food giant gave away 10 NFTs, some of which are now trading on OpenSea for around 0.2 ETH or $870.98. Anyone who has entered the McDonald’s NFT giveaway and received an NFT from McRib could potentially be over $800 richer if they list and sell their NFT.
Spider-Man seems to be a hit with NFT lovers.
While it’s unclear how high the Spider-Man NFT AMC is giving away will be valued, we can consider how other Spider-Man-themed NFTs fared in the NFT market. After Marvel Entertainment released 60,500 Spider-Man NFT collectibles on VeVe in August 2021, they sold out, leaving room for owners to resell them at a higher price.
The Marvel Spider-Man NFT Collection featured five different versions with prices ranging from $40 to $400. Today, certain Marvel Spider-Man NFTS are being sold on OpenSea for 1 ETH, which is equivalent to $4,345.18. Could the AMC Spider-Man NFT grow in value as Marvel did? We’ll have to wait and see.
Meanwhile, AMC Theaters was pleased to report on November 30 that it had its biggest day of ticket sales since reopening after announcing the Spider-Man NFT giveaway.