Blockchain. Web3. Cryptocurrency. NFT. Cryptofilms?

Without getting too deep into an explanation of how blockchain works or what utility it has in service to today’s society, let’s focus on the BLOCKCHAIN as a solution for film production and distribution. In blockchain tech, content is DECENTRALIZED (no middleman or intermediary) and share with every party involved within a given network instead of a single entity or central authority (like a brokerage or bank). In media and entertainment, blockchain is being explored as a new way to fight piracy, increase transparency, improve distribution and associated royalties, democratize oversight of digital assets and support the global connection of content creators, producers, distributors, and audiences.