Quentin Tarantino has entered NFTs.

An announcement was made Tuesday that Tarantino the director and writer of Pulp Fiction will auction off seven uncut scenes as non-fungible tokens. These include original scripts and audio commentary by Tarantino. Auctions of the collectibles will take place on OpenSea, an NFT-based marketplace.

NFTs can be built using the Secret Network. This is a crypto ecosystem that values privacy. The content of the NFTs, including the “Pulp Fiction” and all other auctions on the platform is restricted to those who own them.

The Secret NetworkIt claims to be first blockchain that uses privacy-preserving smart agreements. This means transactional and ownership data can be encrypted. Transactional and ownership information is normally public in NFTs that are built on Ethereum or other blockchains. The blockchain transparency allows transactions to be verified, while also allowing for trackability of each transaction. This is in spite of popular crypto pseudonyms.

Katie Haun, Ali Yahya and other investors for a16z recognized transparency as one of the major limitations to smart contracts. In a post earlier this yearThey wrote about a recent investment in Aleo data privacy startup. Transactions made on blockchains must be transparent to ensure that all parties can confirm that the transactions are accurate. Galaxy Digital has developed zero-knowledge cryptography that Aleo hopes will eliminate this limitation. CoinbaseVentures made an investment in it as well, taking part in the same round of funding as a16z (the venture capital firm founded by Marc Andreessen & Ben Horowitz).

Privacy coinsThese assets are more well-established, and assets such as Monero, Zcash or Verge offer users the privacy of assets like assets. bitcoinBlockchains, which record transactions publically, are the basis of a blockchain-based platform called.

The Secret Network and its Secret NFTs support both private and public metadata — a programmable privacy experience that the company touts as game changing in various use cases, including private galleries, adult content, exclusive or paywall media content, ticketing, and IDs and passports.

Private coins can protect an individual’s identity. If they so choose, private NFTs could also protect collector and artist identities. Although blockchain technology brings traditional finance closer to it, transaction security and opt-in identity bring the technology closer than ever. But increased anonymity could increase regulators’ heat. According to the IRS, Monero privacy coin was a hit in 2020 when it offered a $625,000 bounty for contractors who helped track its transactions.

Secret NFTs of Tarantino are designed to protect Tarantino’s unreleased “Pulp fiction” content and the identity of its eventual owners. This is the second Hollywood bet on NFTs after famed filmmaker David Lynch collaborated with Interpol. MGM recently partnered with VeVeNFTs to be launched for “No Time to Die,” the James Bond film that has digital collectibles.

Tarantino released the following statement: “I’m thrilled to be presenting these special scenes from Pulp Fiction. Secret Network and Secret NFTs offer a new way to connect artists and fans, and I am thrilled to be part of it.”

Tarantino will be speaking on “Pulp Fiction”, non-fungible tokens, during a panel with Mike Novogratz (founder and CEO, Galaxy Digital) at the NFT NYCWednesday afternoon conference

Tarantino was Tarantino’s second feature. The film remade the moviemaking industry and helped Miramax’s fortunes. Miramax was co-founded in 1994 by Bob Weinstein, a brother and now-convicted sex offenders Harvey Weinstein. In 1994, “Pulp Fiction”, the most prestigious prize at Cannes was awarded, won the Palme D’Or. Roger Avary (Canadian filmmaker) and Tarantino won Oscars in 1995 for the best screenplay. This movie made Samuel L. Jackson an international star and revived John Travolta’s career.