manaliKnowledge Contributor
What is "web3 entertainment," and how is it shaping the future of media consumption?
What is "web3 entertainment," and how is it shaping the future of media consumption?
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Web3 entertainment refers to media experiences built on blockchain technology, decentralizing control from traditional platforms to creators and users. In Web3, content such as movies, music, and games is owned and distributed in a decentralized manner, with users having more control over their data and experiences. This could mean direct transactions with creators (e.g., purchasing movies or music as NFTs), fan-driven content creation, and the elimination of intermediaries. It represents a shift toward more user-owned and community-driven entertainment ecosystems.