Few industries have had to adapt as dramatically to digital and transform as the film and entertainment sectors.
So far, the offerings have been limited to already-released movies. However, if the appetite for NFTs sustains, it seems realistic we could soon see digital movie merchandise used to promote upcoming releases. Mogul Productions, a decentralized film financing project, has highlighted the market gap here, and Forest Road, an NFT platform for independent filmmakers, raises the idea of indie filmmakers monetizing NFTs as a means of funding their work.
