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AMC Theaters and Sony announced announced last weekend that they would be offering non-fungible tokens from NFTs to moviegoers who pre-purchase Spider-Man: No Way Home tickets. Ticket sales are scheduled to start at midnight on November 29th, and something unexpected happened.

According to CNBC, when the clock struck midnight that day, it appears that when the clock struck at midnight that day, thousands of ticket buyers appeared to have rushed online to reserve their tickets or to buy. This is because all local online ticket sales points crashed within minutes of ticket clearance.

It has been said that this event is something that has never happened since the box office outbreak of COVID-19 and itself Eventually evolved into a pandemic that affects the whole world. According to experts, this is an indication that the theater industry has a bright future ahead of the game with the right titles.

While the NFT offering may have played a role in the onslaught of ticket buyers that led to the ticket server crashing, it shows that “Spider-Man: No Way Home” is simply one of the most anticipated films of this year.

The pandemic has paralyzed the theater and cinema business and the recovery has been slow but the steady momentum in recent years six months has built confidence that business will eventually bounce back.

It was mentioned that some of the sites that crashed due to overwhelming ticket demand include Fandango, Atom Tickets, and People have also endured long queues at AMC Theaters, Regal and Cinemark.

“There are different levels of intense fan demand when it comes to box office sales, and this film clearly shows that it can with a few Heard others at the top, “ chief analyst Shawn Robbins said in a statement.

Meanwhile, AMC Theaters and Sony Pictures are giving away 86,000 NFTs to early Spider-Man: No Way Home movie ticket buyers. AMC Investor Connect, AMC Stubs Premiere and AMC Stubs A-List members who purchase tickets before the movie opens on December 16 will receive free NFTs.

Adam Aron, AMC Chairman and CEO, said in a press release: “Our AMC Theaters guests and AMC Entertainment shareholders have urged AMC to step into the world of NFTs, and we couldn’t think of a more perfect way to start than with our good friends at Sony Pictures.”

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