1. OVERVIEW
...
The innumerable and varied interactions between media & entertainment industry project founders, their development and production teams, including agents, advisors, accountants, attorneys, funders, distributors, government agencies, et al, are perfectly suited to adapt to ledger technology. This allows blockchain, chaincode/smart contracts, and a host of on-chain and off-chain tools to disintermediate and more efficiently manage many of the pain points within the industry ecosystem automating workflow of key industry business processes.
Blockchain, Web3, NFT's, and DAO's hold great promise for participants in the media & entertainment industry by lowering the barrier to entry and providing efficiencies through disintermediation, but the real success stories will be about "coopetition" a strategy KNODELEDGE believes will be the great disruptor. The notion that emerging technologies will flip legacy Hollywood are unfounded, but it's no secret these new technologies are creating a more diverse and inclusive environment . Opportunities and opportunities abound like never before.
...