Despite Miramax’s lawsuit, Quentin Tarantino continues with the ‘Pulp Fiction’ NFT auction
Quentin Tarantino stated Wednesday that he is proceeding with a public non-fungible token (NFT) auction of his Pulp Fiction script – despite an ongoing litigation from the film’s producer, Miramax.
Between January 17 and January 31, Tarantino and his partner SCRT Labs, creators of a privacy-focused blockchain, intend to auction six chapters of the Pulp Fiction screenplay. The collection’s NFTs will depict a single scene from one of the script’s seven chapters, as well as audio commentary by Tarantino.
To purchase an NFT, individuals must pre-register for the auction. The auction’s registration period starts on January 10. The Tarantino Collection’s NFTs are built on the Ethereum network, and users must own either ETH or ETC-20-compatible stablecoins in order to acquire one.
Tarantino and SCRT Labs first announced intentions to host the Pulp Fiction NFT auction on November 2, 2021 on the Secret Network, which encrypts certain NFT information and restricts access to it to the token owner. Miramax subsequently sued Tarantino, stating that he “kept his Pulp Fiction NFT intentions hidden from Miramax,” violated a cease-and-desist order about the NFT sale, and infringed on Miramax’s copyright rights in Pulp Fiction.
SCRT Labs did not answer in time to inquire about the initial cost of a Tarantino NFT at the auction, if the business anticipates more legal action from Miramax after the sale, or how Tarantino is establishing ownership of the Pulp Fiction NFTs. In a November 2021 lawsuit, Miramax said that he did not possess the copyright.
“Secret Network is happy to support Quentin,” Guy Zyskind, Founder and CEO of SCRT Labs, said in a press statement given to The Block.
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