VUELE™, CurrencyWorks’ Movie NFT Platform, Announces Lionsgate’s Grindstone Entertainment Acquires U.S. Rights to its ZERO CONTACT Movie

Rhea-AI Summary

CurrencyWorks announces that Grindstone Entertainment, a Lionsgate company, has acquired the U.S. distribution rights for ZERO CONTACT, featuring Anthony Hopkins. The film will be widely distributed in May following its successful NFT release on the VUELE platform. ZERO CONTACT made history as the first feature film to debut exclusively as an NFT, grossing over $100,000 from its initial NFT sales.

Positive

• Acquisition of U.S. distribution rights by Grindstone Entertainment indicates strong market interest.
• Successful NFT sales grossing over $100,000 demonstrate significant demand for digital content.
• FIRST feature film to debut as an NFT positions CurrencyWorks at the forefront of innovative film distribution.

Negative

• None.

Following special edition NFT releases on VUELE^™, ZERO CONTACT will go to wide distribution in the U.S. by Lionsgate’s Grindstone Entertainment in May

Los Angeles, CA., March 09, 2022 (GLOBE NEWSWIRE) -- CurrencyWorks Inc. (“CurrencyWorks'' or the “Company”), (CSE: CWRK and OTCQB: CWRK), an award-winning, full-service blockchain platform provider, announced today that Grindstone Entertainment Group (“Grindstone”), a Lionsgate company, has acquired the U.S. distribution rights to ZERO CONTACT, starring Academy Award^®-winner Anthony Hopkins, following the film’s NFT release on VUELE^™, CurrencyWorks’ NFT platform for feature films.

ZERO CONTACT will go to wide distribution throughout the U.S. in May. VUELE^™ recently released the ZERO CONTACT Exclusive Edition and Collector’s Edition NFT bundles on the VUELE^™ platform. For more information on both ZERO CONTACT NFTs, please click here.

ZERO CONTACT made film history by becoming the first feature film to debut exclusively as an NFT on VUELE^™. In September, VUELE^™ successfully sold the first 11 ZERO CONTACT NFTs, which grossed more than $100,000.00 USD.

VUELE^™ is a joint venture between CurrencyWorks and Enderby Entertainment. It is the first direct-to-consumer, full-length feature film viewing and distribution platform delivering feature-length films and digital collectible entertainment content as NFTs. 

About CurrencyWorks

CurrencyWorks Inc. (CSE: CWRK and OTCQB: CWRK) is an award-winning, publicly-traded company that builds and operates FinTech Platforms for Digital Currencies, Digital Assets, and Security Tokens.

For more information on CurrencyWorks, please visit us at www.currencyworks.io. For additional investor info visit www.currencyworks.io or www.sedar.com and www.sec.gov searching CWRK.

Media Contact:
Arian Hopkins
arian@currencyworks.io

Company Contact:
Bruce Elliott, President
Phone: 424-570-9446
Bruce.Elliott@currencyworks.io

FAQ

What is the significance of CurrencyWorks' NFT release for ZERO CONTACT?

The NFT release marks the debut of the first feature film exclusively as an NFT, showcasing CurrencyWorks' innovation in the film distribution space.

When will ZERO CONTACT be widely available in the U.S.?

ZERO CONTACT will be available for wide distribution in the U.S. starting in May.

What are the financial implications of the Grindstone acquisition of ZERO CONTACT?

The acquisition suggests strong market interest and potential revenue growth for CurrencyWorks as they expand their film distribution.

How much did ZERO CONTACT NFTs gross during initial sales?

The initial sales of ZERO CONTACT NFTs grossed over $100,000.