The collectibles also include original handwritten scripts from the film and exclusive audio commentary from Tarantino himself.
Quentin Tarantino is breaking into NFTs. Announced Tuesday, the award-winning director and writer is auctioning off seven uncut scenes from “Pulp Fiction” as nonfungible tokens, also including original handwritten scripts from the film and exclusive audio commentary from Tarantino himself. The collectibles will be auctioned on NFT marketplace OpenSea. The NFTs are built on the Secret Network, a blockchain ecosystem that prioritizes privacy. For the unique “Pulp Fiction” NFTs and for all others auctioned on the platform, that means the content is only viewable to the owners of those NFTs. The Secret Network claims to be the first blockchain with privacy-preserving smart contracts, meaning transaction and ownership data is encrypted. Traditionally, with NFTs built on other blockchains like Ethereum, transactional and ownership data is public by default. It’s a double-edged sword: transparency on the blockchain enables verification of transactions, but it also creates a level of trackability for each transaction, despite the online pseudonyms and avatars popular in crypto. Investors for a16z, Katie Haun and Ali Yahya, recognized this transparency aspect of blockchain as one of the big limitations for smart contracts. In a post earlier this year detailing a new investment in data privacy start-up Aleo, they wrote: “These limitations exist because trust requires verification.
