Tribeca Film Festival Taps Crypto Exchange OKX as its New Sponsor (Report)

Tribeca Productions’ annual Tribeca Film Festival event reportedly reached a deal to partner with OKX cryptocurrency platform. The deal, which is worth tens to millions of dollars, will make OKX one of the most important sponsors.

OKX joins the Movie Industry

According to the Wall Street Journal, this collaboration will last for three years. OKX will inform filmmakers and movie lovers about the benefits of Web3 technology and cryptocurrencies during that time.

The platform is the main sponsor for the Tribeca Film Festival and could fund the production of films about the Metaverse. It also plans to allow movie participants to earn digital currencies to support their work.

Jane Rosenthal, Chief Executive Officer of this event, stated that the festival will introduce non-fungible tokens in its inaugural year. This reveals the festival’s intention to delve deeper into NFT realms in the years ahead.

“We want the tools for creators. We will be there to help creators create their stories over the next few years and we will partner with hardware suppliers like Facebook.”

Rosenthal commented on the OKX collaboration, noting that both parties share similar visions and ambitions to drive forward new ways for storytelling and support artists of all types.

Tribeca Film Festival, a major festival that takes place in New York City each spring, is an important event. It will be held in Manhattan from June 8 through June 19. It was founded by Oscar-winner Robert De Niro and Jane Rosenthal in 2002 to enhance New York’s cultural life following the attacks on the World Trade Center.

OKX’s Past Partnerships

The official Cryptocurrency Exchange Partner of the Seychelles-based digital asset portal was formed in March with Manchester City, England’s Premier League champions. Although the terms of the agreement were not disclosed, it is known that it will be a multi-year collaboration.

OKX signed a deal last month with McLaren Racing, the world’s leading Formula 1 team. This initiative made the trading platform the biggest sponsor of the team.

Soon after, Daniel Ricciardo, an Italian-Australian driver for McLaren Racing, became personally involved with OKX. He will be OKX’s ambassador for the 2022/23 season, and lead an education campaign for F1 fans focusing on crypto’s merits.

He also started to wear a racing helmet with OKX’s logo on it. The pilot drove his first race with the new outfit at the Monaco Grand Prix last weekend.

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Marla Brooks

Marla Brooks – Financial Analysis My name is Marla Brooks, and I am the mainstream behind the”observednews.com”  for the powerful and most delicate insights into the latest activities in the financial analysis category. I started my journey as an independent financial consultant. I had approximately nine years of experience in this field. I am free soul so; my passion for exploring the world has taken me to the nations across the globe and given me the chance to report for a portion of the best news associations. Currently, I am a full-time editor as experienced in finance and started to use my abilities.

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