In yet another foray into crypto, the entertainment studio behind the “Game of Thrones” drama television series, Warner Bros, has announced a plan to launch a new NFT collection. The NFT collection appeared a few weeks after the film production company launched the “Lord of the Rings” NFT collection last month.

Game Of Thrones NFTs

In a November 2 blog post, the American film and entertainment company confirmed plans to launch an NFT collection dubbed “Game of Thrones.” Warner Bros has teamed up with Nifty’s, an eco-friendly NFT platform.

The film production firm has partnered with American pay television, Home Box Office, and 3D content and software production company Daz 3D to create the new Game of Thrones NFT collection.

According to the announcement, the Game of Thrones NFT collection will launch this winter. The new collection will allow holders to create avatars based on the hit series’ characters and the universe.

Use Cases Of Game of Thrones NFTs

The NFT collection will allow holders to get an airdrop of virtual weapons for their avatars. While commenting about the new NFT project, Josh Hackbarth, the director of NFT business development at Warner Bros, remarked:

“Our goal, as always, with fans, is to create new ways for them to interact with the stories and characters they love. We’re excited to expand fandom with this exclusive collectible program that will engage fans on a deeper level, allowing them to enhance the overall fan experience.”

However, Warner Bros’ NFT collection comes when the film production company is in deep financial distress after accruing over $3.4 billion in losses in the third quarter of this year.

Warner Bros believes its venture in the NFT market, which has showcased strong resilience since the pandemic and recent crypto market crash, will yield heavily and aid it in covering its current debt of up to $53 billion.