Not sure I share the author’s optimism, but this is a fascinating look at how NFTs might impact the video arts sector.
DigitalStudioME carries an interview with Shefiq Abdullah of TCTx, a Metaverse company operating out of Dubai. that makes fascinating reading, arguing NFTs will “provide studios another way to monetize their content in a more direct way than ever before.”
Some key quotes:
NFTs will provide studios another way to monetize their content in a more direct way than ever before.
NFTs can be distributed in ways that don’t require traditional channels such as physical media or digital downloads.
A lot of films are created in the form of a game where you can influence the plot. Considering NFT as an integral part of the future ecosystem of the metaverse, imagine the future where you can not only influence the plot but become the main character of a movie. You could immerse yourself in a movie and interact with your favourite characters. Future TV screens could offer a unique opportunity to be immersive and interactive, like nothing else.
Make time to check out the full post over at DigitalStudioME.