Tarantino said the tokens were “linked with media from the screenplay, which he retained rights to.” However, Miramax contended it had contractual rights to profits from the “emerging technology.” The first token sold for $1.1 million.
Estimated reading time: 0 minutes, 20 seconds
Quentin Tarantino and Miramax settled a lawsuit stemming from a discrepancy over Pulp Fiction-themed non-fungible tokens the auteur minted last year. So reports The Verge.
Tarantino said the tokens were “linked with media from the screenplay, which he retained rights to.” However, Miramax contended it had contractual rights to profits from the “emerging technology.” The first token sold for $1.1 million.