Vancouver, British Columbia–(Business Wire—NFT Technologies Inc. (NEO: NFT | OTC Pink: NFTFF | FRA: 8LO) (the “Company” or “NFT Tech”)., A leading technology company has set a new precedent for decentralized ownership, NFTs and exchanges for public markets, with the launch of the Elvis Legacy Council.
The project will officially launch under the name “Elvis Legacy Council” and project highlights will include an extremely limited NFT collection, officially licensed digital wearables and collectibles, exclusive Metaverse experiences, in-person Graceland tours, Memphis experiences and more!
The Elvis Legacy Council is the governing body that makes key decisions on the future of Elvis’ digital estate on the blockchain and in the physical world. The first of its kind, the council gives people the ability to give ideas and vote on other ideas about what the future of Elvis will be!
NFT Tech’s rights agreement with Elvis Presley Enterprises Inc., Inc. allows the company to display licensed content worldwide and includes Sony Music, Universal Music Publishing Group and Warner Bros. Provides access to Pictures and more.
The legacy IP market is worth more than $2 billion a year. Elvis’s estate It grossed $30 million ahead of the Warner Bros. summer blockbuster in 2021. “Sadly, the list of celebrities who leave behind fans is growing, which can often create new material fans. Brands see a slow decline in engagement every year. By moving these brands to web3, we can ensure that the innovation lives forever and is protected by blockchain technology. Investors can expect the company to take a big step in this industry, partnering with other entertainment icons,” said Adam de Cata.
In the current legacy IP. Enthusiasts are fragmented and unable to pool resources for a common cause. Despite limited influence over decision-making and limited access to the brands’ content, fans pay recurring fees in a complex and opaque IP rights system. Most of the older IPs are currently held by multiple private collections limited to physical exhibitions, which cannot be shared with fans at scale.
“The Elvis Legacy Council ensures that the legacy of rock and roll transcends the boundaries of time and space, and ensures that the legacy of rock and roll lives on,” said Adam De Cata, CEO of NFT Tech. “It’s giving Elvis fans a new voice that’s guaranteed to forever shape the next generation of Elvis.”
This project sets the precedent in the Web3 space by giving each founding member key decision-making power in an Elvis DAO (decentralized autonomous organization). Founding members have administrative rights to submit ideas for Elvis content. For many fans, this is a rare opportunity to view lost Elvis recordings and meet rare Elvis memorabilia.
“Imagine a founding member suggesting we buy rare 8mm behind-the-scenes footage of ‘Elvis on Tour’. This idea can be taken up, purchased, and then displayed to the world at a large scale party. The opportunities for fans to engage with never-before-seen content are huge,” continued Adam.
“Elvis’ legacy will live on in the blockchain long after we’re gone, including NFT metadata and future DAO achievements,” says Adam. “This would allow, for example, anyone to ‘create’ the smart contract and take the code to renew the project at any time.”
Release details
Credits: https://linktr.ee/ElvisPresleyLC
September 21: Airdrop of officially licensed Elvis apparel
September 22: Launch Party at Decentrland Guinness World Records https://bit.ly/38NUjTi
September 29: White List https://elvis.legacycouncil.io/
September 30: Final public sale
Join us for live updates.
SRegister: https://elvis.legacycouncil.io/join-us
Website: https://elvis.legacycouncil.io/
Facebook: https://www.facebook.com/ElvisPresleyLC
Twitter https://twitter.com/ElvisPresleyLC
Text: https://bit.ly/3Pe0rmT
Linktree: https://linktr.ee/ElvisPresleyLC
Youtube: https://www.youtube.com/channel/UCOM0qkwkO3Kwb07yUjBXyMQ
Discord: https://discord.gg/ElvisPresleyLC
Email elvis@legacycouncil.io
About the Elvis Legacy Council
We’re putting the power in the hands of Elvis fans. The Elvis Presley Legacy Council is the official membership of the Elvis Presley Digital Estate. Created to preserve Elvis’ legacy for the future. Led by your founding members. Your words will shape what we collect, preserve and display for posterity. You can choose and redeem the special Elvis experiences, merchandise and shows you want to enjoy. Unlimited future possibilities, powered by blockchain.
About NFT Tech
NFT Tech works to develop infrastructure, assets, real estate and IP in the Metaverse, build and monetize P2E and M2E games, and bring insights and benefits to public markets. Bridging the gap between traditional capital markets and the Web3 space, NFT Tech is exploring decentralized ownership, NFTs and the meta-adverse.
Follow NFT Tech on social media
twitter.com/nfttech
medium.com/@nfttechnologies
A cautionary note on forward-looking information
This press release contains certain forward-looking statements within the meaning of applicable securities laws relating to the Company. These forward-looking statements are generally characterized by words such as “believe,” “project,” “expect,” “predict,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan.” ,” “may,” “shall,” “will,” “will” and similar expressions. Forward-looking statements in this press release include statements regarding the closing date and the agreement with Elvis Presley Enterprises, Inc. length of engagement; benefits from the deal; the company’s NFT developments and expansion of product offerings; potential benefits and needs for direct-to-consumer NFT projects; potential benefits, growth and adoption of Web3 and related applications; plans to accelerate growth; and continued public acceptance NFTs. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on such forward-looking statements and information because the Company makes no assurance that they will be correct. Forward-looking statements and information relate to future events and conditions. As such, they inherently involve risks and uncertainties. Many factors could cause actual results to differ materially from the forward-looking statements contained in this press release, including, without limitation, the risk factors described in the prospectus. Readers are cautioned that the foregoing list of factors is not exhaustive. Forward-looking statements are expressly qualified by this cautionary statement The forward-looking statements and information contained herein speak as of the date hereof and the Company undertakes no obligation to publicly update or revise any forward-looking statements or information as a result of new information, future events or otherwise. Unless otherwise required by applicable laws.
No securities regulatory authority has approved or disapproved the contents of this news release. Neo Exchange has not reviewed or endorsed this press release for the adequacy or accuracy of its content.
This news release does not constitute an offer to sell or an offer to sell any securities in the United States. The securities have not been and will not be registered under the US Securities Act of 1933 (the “US Securities Act”) or any other state securities laws and may not be offered or sold in the United States.
US persons (as defined in Regulation S under the US Securities Act) unless otherwise registered or exempt from such registration under the US Securities Act and applicable state securities laws.
