[PRESS RELEASE – Toronto, Canada, 1st June 2022]
Toronto-based Paperboat Animation Studios Inc. is set to rock the NFT arena with Element118, a real-world utility project. While other projects promote exclusive access to profile pictures or secret dens, Element118 is creating a thriving space for entertainment, education and the environment. The project will bring the community at the center of decisions, contributions and influence through its well-defined roadmap to achieve its vision for life, industry and the environment. The journey was announced by launching the animation slate of the Tattva118 film and the Tattva118 website at Cannes on 20 May 2022.
Tattva118 has chosen the most neglected subject – Chemistry. When asked “Why Chemistry?” CEO Soumitra Ranade says, “It governs the existence, existence, prosperity and progress of life, industry and environment. Hence the chemistry. Looking deeper into the structure of the periodic table, Element118 philosophy reveals itself as systematic and thoughtful. Elements such as oxygen, hydrogen, carbon and nitrogen govern survival, and elements such as sodium, calcium and magnesium support survival. Gold, silver, platinum and many other elements symbolize affluence, while rare elements such as thorium, plutonium and uranium are fueling advances in space or medical technologies.
Tattva118 aims to bring blockchain technology into the mainstream of entertainment, education and environmental activities. Element118 is humanizing the known 118 elements of the periodic table and bringing them into film-metaverse-magic. The project’s movie domain will include feature films, short films and TV series, while also giving the community access to build reels using elements such as characters. The Metaverse domain creates a space for visitors to learn, play, meet and participate. It will also release several games for all age groups with 2D and 3D animations. Through Magic Domain, this project will reveal its educational and environmental activities to the world.
The first phase of the product begins with the sale of 13,924 Element NFTs from their website https://tattva118.io. According to co-founder Mayank Patel, “Elementor NFT is a super collection of Genesis NFT and Avatar NFT. The team at Paperbot has created unique characters ascribing personality traits to each element. This will be a first in the NFT realm.”
The personality of the Elements evolved from drawing inspiration from their core characteristics, role in the world, natural origins, inventors of the Elements, and the incredible creativity when bringing them into the digital world. The hand-crafted Genesis NFT was developed in collaboration with chemistry experts, child psychologists and creative experts. “The elements speaking to us and going through human-like issues will help us relate chemistry to create the best results in everyone’s life,” says Ashish Mall, Paperboat cofounder and chief design officer of Tatva118.
Vistas Media Capital, Singapore, is supporting the project. Abhayanand Singh, Global CEO, Vistas Media Capital says, “Paperbot is a best-in-class animation studio, with the most skilled and imaginative storytellers. This initial slate of Tattva118 showcases their arsenal of talent and offers something for everyone around the world.” Investors in NFT, technology and entertainment are looking forward to Tattva118’s exclusivity and future prospects.
Ranade added: “Paperbot has always been at the forefront of these evolving times, innovating new technologies with state-of-the-art artistic discovery. We are extremely pleased to begin work on such important projects.”
Tattva118 is set to transform the space by offering Metaverse, Movie and Magic using the Web3 ecosystem. The initiative will attract both crypto and non-crypto enthusiasts by providing the benefits of ownership, collaboration, monetization capabilities and decentralization.
Paperboat Canada was incorporated in August 2021 in Toronto for global access to animation films and other artwork. Paperboat India was incorporated in July 2013 in Mumbai, and has since expanded globally with several projects. The founding team of Soumitra Ranade, Ashish Mall and Mayank Patel have together created a wonderful work in animation and live cinema.
Paperbot is now on a journey to build Tattva118, the first blockchain-powered ecosystem with real-world applications. Tattva118 integrates the approach of entertainment, education and environment.
Paperbot follows a personalized approach to a product that stems from its core ideology of serving simplicity with sophistication.
PrimeXBT Special Offer: Use this link to register and enter code POTATO50 to get up to $7,000 on your deposit.