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NFTs and movies

Binance

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NFTs are taking over the world. NFTs are selling for millions of dollars every day. Blockchain guarantees buyers of these NFTs that they are unique and scarce. Without the NFT anyone can copy or edit the digital file. I think this can also become big in the moviemaking business. Kickstarter movies include digital incentives such as artwork or posters, as well as access to behind-the-scenes footage. This type of digital merchandise, however, lacks the rarity that makes it valuable. Sure, the owner might get an videoclip that they can watch on their devices whenever they want. However, until they can sell or exchange it, it is not symbolic of their investment - it is only a souvenir.

Issuing these merchandise assets as NFTs, is set to provide a lucrative source of revenue to moviemakers everywhere, while allowing fans to own a liquid piece of intellectual property related to the film. Projects like Mogul Productions, Opensea and MovieBizCoin provide such opportunities. I can't wait to start making money using these NFTs.

submitted by /u/Fearless_Dig1128
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