Movies and television have created spaces for generations of humans to escape reality. It gives us experiences and insights into the world of life that most of us could only dream of, but for a split second while watching it on TV or on the big screen, it feels like we are there. Over the years, the industry has developed technology that makes us feel more like a part of TV and movies than ever before. For example, find secret items in 3D movies and series to unlock prizes online. But that’s not all. Imagine being able to participate in your favorite sitcom and movie franchises not just as a consumer, but as a creator. With the ability to lift the curtain, break the fourth wall, gain behind-the-scenes experience and take control.Well, all my sci-fi geeks, Marvel lovers, and netflix Binger, hold onto your graphic t-shirt, because thanks to NFTs, your wishes will come true.
As with most common technologies, NFTs I found my way into the television industry. One of the ways they are used is to “watch and earn”. A new app called Sator allows consumers to earn tokens simply by watching their favorite shows. Users build a community based on their interests and genre preferences, tailored to TV series activated in the Sator app. Then, on another device, use the app to earn various rewards. This model allows creators to reward consumers for viewing their content, thus creating a stronger community for that particular show.
Non-Fungible Stories (NFS) is another use case for NFTs in industry. Non-fungible stories are stories created in collaboration with consumers to create scripts based on NFTs that become collectible digital avatars. This model is a new way for fans to participate in the creative process, not just consume content. The first of his NFS was created by Carlos Grenoir and his actor Alvaro Morte (who plays ‘The Professor’ in the Netflix series ‘Money Heist’) through his blockchain platform Olyverse. The purpose of this collection is to offer NFT holders the opportunity to script a future character called Oliver, which Morte will play in his 3D. metaverse movie.
How does this work? Purchasing 5 NFTs grants you the title of Executive Producer and the ability to guide you through writing your story. Other perks of the collection include exclusive merchandise, gala parties, BTS content, meet and greets, and more. Giving fans the chance to decide how the story ends sounds great in theory, but there should be a limit to the amount of input that can be accepted. Otherwise, you’ll end up with a story similar to the “Mad Libs” book (My 90’s baby I know exactly what I’m talking about). No matter how big or small the decision, we think the NFT holder will be thrilled just to have a say in a new show — even if it’s dictating the colors of the shirts or his dining room set.
Blockchain-based shows and movies are not limited to the Metaverse. The ‘Rick and Morty’ creator has teamed up with FOX Network to launch his NFT collection of new animated series called ‘Krapopolis’. Including his NFT called Krap Chickens, viewers can access private his screenings his room and his Discord channel, a dedicated website with information about meeting the cast and producers, exclusive content, and exclusive merch. . But the biggest perk of being an NFT holder is getting voting rights on certain aspects of the series. Putting the power back in the user’s hands is one of the guiding principles of the Web3 space, and is exactly what these creators are doing. His other NFT-based shows like ‘Stoner Cats’ and ‘Glue Factory’ have followed the same model, and it’s only a matter of time before they all come to an end. Main network The channel has NFT series.
Since movies are essentially just episodes of television, it makes perfect sense for the film industry to make use of them as well. Lord of the Ring The NFT collection that dropped last week. Owners can watch an enhanced version of the movie in 4K, access hidden AR collections, see hundreds of images from the movie, access three different set locations that can be explored digitally, You can also watch 8 hours of special features and commentary. There was a lot of backlash regarding the collection as many of the perks mentioned were items that people had from the Blu-ray DVD. Hats off to the companies trying to consolidate. To the Web3 space, requires some research and understanding before doing so. His one gold star I give them is for the built in credit card purchase option. This idea will help more Web2 users participate in Web3 by presenting something familiar. correct idea? yes. Wrong execution? yes.
The popularity of NFTs goes beyond show and movie content. Earlier this year, Samsung announced that it would also incorporate smart TVs. Their new marketplace, LG Art Lab, is where people buy and sell NFTs straight from your TV. The first set of NFTs will drop in September, with new sets added every month. This feature is only available to US residents and those with access to WebOS 5.0 (or later) via the app, but we hope to eventually extend the experience to everyone around the world. Samsung’s primary goal is to provide a high-definition visual experience with non-fungible token purchases. Streaming platforms are taking the same approach. Roku has a built-in channel called StreamNFTs where you can view collections and find others from the largest art he marketplace.
Possibility of using NFT in TV and movies It’s really endless. There are also NFT projects such as World of Women and Bored Ape, which use IP and brands to curate films and unscripted shows. I think we are still in the early stages of how Web3 will be used in this industry, but it will soon be integrated and part of all our favorite shows and movies we watch.
