Cannes Film Festival VIP Pass Auctioned as NFT
A VIP pass for the upcoming Cannes Film Festival is released by film and television production studio Electromagnetic Productions (EMP) as NFT.
About the NFT pass
An auction will take place for the VIP pass on March 28, and we will see a winner join PEM on their trip to Cannes, in the south of France, where they will be entitled to entry to the famous festival, a three-night stay at the coveted Hotel Du Cap Eden Roc on the neighboring peninsula and access to the annual gala hotel amfAR. Plus, the winner could end up dining alongside a collection of A-list celebrities. Former hotel attendees include Will Smith and Tobey Maguire.
In addition to this 1/1 NFT, EMP Studio has released a 10,000 piece NFT collection. It grants holders access to various unique opportunities organized by the production company.
Cannes film festival
The Cannes Film Festival is undoubtedly the biggest film festival in France, if not the world. This year it starts on May 17 and ends on May 28. It is one of the “big three” major European film festivals along with the Venice Film Festival and the Berlin International Film Festival. Besides that, it is one of the “Big Five” of the world’s leading film festivals. These are the three major European film festivals, the Toronto International Film Festival and the Sundance Film Festival. The annual festival began in 1946, just after World War II, and has been held every year since then.
Typically, Cannes’ population triples during the festival, from 74,000 to over 200,000. The festival represents approximately €195.87 million in financial impact. This represents a large part of the annual 800.7 million euros induced by tourist activity in Cannes. To go there, you have to be invited, and not everyone can go. Over the years, many Hollywood stars have left.