Ladies and gentlemen, we are happy to present another first within the growing distributed ledger technology and NFTs spaces. We are thrilled to officially announce that Refinable, our recently launched Binance Smart Chain-based NFT platform, is teaming up with Sator to use NFTs and FINE token stakeholders as a determining factor for aspects of the plot of Sator-activated TV shows. Sator offers users an open economy around television viewer engagement, and this partnership will allow viewers to get directly involved in shows. Show fans and our users who watch the shows will now have the material ability to affect change and guide them in the direction they would find most entertaining.
Another Innovative Use Case For NFTs
NFTs are rapidly evolving past their art and collectible stages (although it is still an essential part of the ecosystem) and expanding more into utility-based assets. These verifiably scarce and digitally unique assets can contain specific utility principles that grant the holder control over a particular situation, and with the case of Sator’s NFTs, it will result in direct participation to drive user engagement and interest. Following this collaboration and the launch of Sator’s NFTs on our platform, users who purchase the NFTs will gain special privileges, such as the ability to add changes to the script, name a character, or even decide on which character will be murdered in a series.
Using NFTs, previously unexamined use cases are coming to life for the first time, and with Sator by our side, we are setting the stage for what this could look like through an innovative new offering. When users purchase their Sator NFT, not only will they get a unique digital collectible, but they will have real power over the future of Sator’s television programs.
This is the first release generated from our new partnership with Sator, but users should expect more offerings to come as we continue to work and develop our collective ideas. We will first apply the NFT capabilities to a comedy TV series, but this is just the tip of the iceberg, and Sator plans to involve users a lot more in the future production of their entertainment. With this new partnership, it seems like the sky is the limit for both of us as we continue to grow and expand.
Sator is approaching the television and visual entertainment industry in a very interesting way, providing an open economy based on television viewer engagement. Series activated with Sator are able to expand their viewership by locking rewards in smart contracts that viewers unlock by watching the program. Through this new incentivization model, TV viewers will be able to earn, stake, and spend digital rewards on TV series access, reward multipliers, and NFTs that give users more access, insight, or abilities over the show the user is watching.
Invested in by Mr. Beast and Binance, Refinable is the first major NFT marketplace to hit the growing Binance Smart Chain network. Using Refinable, anyone can easily create, discover, buy, sell, trade, and leverage their NFTs on a fast and cost-efficient network. Refinable is a new digital marketplace that is trying to make NFTs accessible as possible across the BSC platform, working directly with other BSC-based platforms and users to provide a more robust NFT experience for all.
Telegram ANN: https://t.me/RefinableAnn