Terra Virtua’s CEO Gary Bracey Believes the Future of Hollywood Film Lies With NFTs and Digital Collectibles
(finance.yahoo.com)
Whether we are talking about film financing to limited-release collectibles, NFTs, or non-fungible tokens, are certainly the future of Hollywood collectibles, even if many people still don’t understand them. If one thing is for certain, Hollywood is already investing millions of real-world dollars into NFTs, and independent filmmaking may be one of the earliest applications.
Last month, Saturday Night Live (SNL) did a short called “What the Hell’s an NFT?”, which also served beyond that of a traditional SNL parody. Public interest in NFTs has grown immensely in recent months, following what public figures like Justin Blau (3LAU), Lindsay Lohan, and recently, Ellen DeGeneres’ dive into the digital collectibles space.
Like any new technology, it takes the public some time to really grasp the concept, and then actually understanding how to invest in such new innovations.
By: Cagla Ertugrul
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