Tarantino's first Pulp Fiction NFT sells for $1.1 million

Tarantino's first Pulp Fiction NFT sells for $1.1 million

The first of seven Quentin Tarantino 'Pulp Fiction' NFTs sold for a whopping $1.1 million. The sale defies the efforts of the producers behind the cult classic, 'Miramax', who are trying to stop the collection through a dispute over intellectual property rights.

The NFT Collection, dubbed 'Tarantino NFT', offers seven original, hand-written scripts from the 1994 film, all of which take the form of unique, minable NFTs. In collaboration with SCRT Labs, the rare scripts also come with an audio commentary from Tarantino himself, who guides listeners through the meaning of the scene, while also uncovering hidden anecdotes.

'Royale with Cheese', the iconic conversational car scene with John Travolta and Samuel L. Jackson, was the first scene to be sold as an NFT from the collection, with the lucky buyers being crypto collective AnonDAO.

The next auctions await the remaining six NFTs, each of which will have a 24-hour auction (or until their target price is reached) between January 24 and 31 on the 'Tarantino NFT' website. The remaining NFTs are based on the scenes, 'Pumpkin and Honey Bunny', 'Foot Massage', 'Check Out the Big Brain on Brett', 'Captain Koons Monologue - The Gold Watch', 'Bring Out the Gimp' and 'Last Scene: Cafeteria – Ezekiel 25:17'.

However, the excitement surrounding the collection may be short-lived as Miramax is going to great lengths to become ineligible for the NFT collection. The movie studio filed a lawsuit claiming intellectual property rights to the content, with its attorneys stating, “Whatever limited rights Mr. Tarantino has for publishing scripts, they do not allow the minting of unique NFTs associated with Miramax's intellectual property, and its contrary position is the subject of a pending lawsuit."

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