NFT + Entertainment
Variety Intelligence Platform, an in-depth analysis signed by Andrew Wallenstein, President, and Chief Media Analyst at VIP+, opens up about Hollywood and its relationship with NFTs (non-fungible blockchain tokens), a phenomenon that has swept the world in the last few years.
“Bot Viacom and Fox announced they were supporting their intellectual property with NFT platforms that will turn any program, from Sponge Bob to The Masked Singer, into digital collectibles,” says Wallenstein. So, it’s time to understand what an NFT is and why many people consider it the future of art and intellectual property.
The analysis table of contents comprehend chapters about market opportunities and limitations, media applications, and the copyright rules applied to NFTs. “In the first six months of 2021, total NFT sales reached 2,5 billion dollars. They were 13,7 million in the first half of 2020 – says the report – an increase of 18,000%.
A digital gold rush involving artists, musicians, sportsmen, and celebrities. All seeing in this new technology “a way to directly monetize their work and art in the digital realm,” says the report’s author. Based on a study made by the crypto research firm Bigtoken, 70% of all digital collectibles derive from intellectual properties related to film, tv shows, music, and sports memorabilia.
The 17 pages report shows pie charts and diagrams about the NFT world and its momentum.
Source: Variety
Click Here for the whole report.
Share:
Related Posts
Variety Intelligence Platform, an in-depth analysis signed by Andrew Wallenstein, President, and Chief Media Analyst at VIP+, opens up about Hollywood and its relationship with NFTs (non-fungible blockchain tokens), a phenomenon that has swept the world in the last few years.
“Bot Viacom and Fox announced they were supporting their intellectual property with NFT platforms that will turn any program, from Sponge Bob to The Masked Singer, into digital collectibles,” says Wallenstein. So, it’s time to understand what an NFT is and why many people consider it the future of art and intellectual property.
The analysis table of contents comprehend chapters about market opportunities and limitations, media applications, and the copyright rules applied to NFTs. “In the first six months of 2021, total NFT sales reached 2,5 billion dollars. They were 13,7 million in the first half of 2020 – says the report – an increase of 18,000%.
A digital gold rush involving artists, musicians, sportsmen, and celebrities. All seeing in this new technology “a way to directly monetize their work and art in the digital realm,” says the report’s author. Based on a study made by the crypto research firm Bigtoken, 70% of all digital collectibles derive from intellectual properties related to film, tv shows, music, and sports memorabilia.
The 17 pages report shows pie charts and diagrams about the NFT world and its momentum.
Source: Variety
Click Here for the whole report.
