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Omnific Takes Control of Hong Kong VFX Firm Marvel Digital to Accelerate NFT Output (EXCLUSIVE)

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variety.com

Patrick Frater Asia Bureau ChiefDigital entertainment studio Omnific Blockchain Studios is to take operational control of Marvel Digital Productions, a Hong Kong-based effects and post-production company.

The move is intended to accelerate production of non fungible tokens (NFT).NFTs, which are unique, uncopiable versions of digital images, and use blockchain to trace them, have taken the art world by storm.

They are now encroaching into the entertainment scene.Omnific was established last year by Phoenix Waters Productions in partnership with tech companies Marvion and Coinllectibles.

Phoenix Waters, a Hong Kong and U.K. company headed by entrepreneur Bizhan Tong, will manage both Omnific and Marvel Digital.Marvel Digital, which specializes in 3D conversion, 4K upscaling, CG animation, motion capture, and content production services, was founded in 2012 and is headed by Ricky Hoi.

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