CNBC- NFTs: Revolutionising and democratising the film industry

CNBC- NFTs: Revolutionising and democratising the film industry
After making massive strides in revolutionising the art industry, Non-Fungible Tokens (NFTs) are set to overhaul how movies are being funded and decentralise it to enable NFT holders to partake in the process.
Unlike many other NFT projects that may have little real-world value, these Movie NFTs are a powerful reminder of the seemingly unlimited potential that NFTs have to offer and is proof of what can be achieved when crypto communities join forces to bring about positive change in how businesses function.
Arabian Camels, an NFT community that is creating a $50 million Hollywood movie “Antara” based on the life of ancient Arabian knight Antarah Ibn Shaddad, has announced its NFT drop on January 14, with the integration of cryptocurrency exchange MoonPay. The Antara Movie NFT is the first NFT that allows a buyer to digitally part-own rights of the Hollywood Movie, enabling holders to partake in the box office and streaming revenues.
“The impact that Arabian Camels will have on Hollywood is immense. This is an exciting and revolutionary move that will inject a whole new lease of life into the movie business,” said Josef Brandmaier, a Producer of ‘Antara’.
While the basic tenets of these Movie NFTs are like other NFTs, the marriage of both digital and real worlds is what sets these NFTs apart from the crowd. Not only do NFT holders enjoy part-ownership of the content being represented through the token or of the movie rights itself, but they can also stake these NFTs to earn yields while the movie is still in production.
This enhances the overall appeal as NFT holders can choose to remain invested throughout the movie’s journey while also employing their capital to earn market-beating returns on their digital tokens. Moreover, members of such NFT communities can even get roles in the movie being produced, be given credit as producers, and even join the production team for exclusive gatherings on the real movie set with the cast and crew.
Garrett Minks, CTO of RAIR TECH says there are two precedents required for the movie industry to transform into a web3 business model – DAOs (distributed autonomous organisations) for quick and scalable capital formation and NFTs (non-fungible tokens) as authentication credentials to unlock streaming video.
“Last year, the ConstitutionDAO proved how fast a community could be galvanised to fund an issue by raising over 47 million dollars in less than a week to purchase a copy of the US Constitution. More recently, the BlockbusterDAO formed around reviving the Blockbuster brand as a Web3 business. Combined with streaming infrastructure that can read the blockchain at scale using services like Moralis, there will be a revolution in creator-centric funding for movies where funds are distributed in a more equitable manner for all parties,” Minks said.
This kind of real-world utility has never been possible before due to the traditional ways of film financing and rigid ownership structures prevalent across the major film studios. Movie NFTs are sure to disrupt the global movie-making industry by granting the audience the ability to not only enjoy their favorite content but also empower the new breed of actors, writers, and directors with access to funds from the same movie aficionado community and bring their movie ideas to life.
Anndy Lian, Chairman, BigONE Exchange says currently, NFTs are only being looked at as a form of art or collectibles, but very soon, interactive movie scenes will be seen where viewers can hunt for NFT gifts on the big screen and live.
“Product placements on screen can also be interactive and accountable through the usage of blockchain technology and crypto. This will bring utility to the next level. This will bring movie funding to new heights too as they are able to monetise basically every minute,” Lian said.

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

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Anndy Lian, Intergovernmental Blockchain Expert talks about “Crypto Investments” with Former CNBC Reporter

Cryptocurrencies are here to stay. These digital assets are going to be a permanent feature of banks and asset managers’ investment portfolios in time to come. Newer terms such as DeFI (Decentralised Finance) is also changing the investment landscape by relying on a central authority to distribute the loans, etc. Blockchain technology has provided the technical workings for cryptocurrencies. While it looks promising there is also the risk of trading cryptocurrencies. It is volatile and susceptible to technical glitches, human error or hacking.

Anndy Lian, an inter-governmental blockchain advisor and entrepreneur will explain what is cryptocurrencies and insights into this new market. This show is hosted by Rajeev Aggarwal, a former stock market reports at CNBC.

“Understand crypto before putting your money in. You need to study their business model, revenue streams, team members and the underlying technology. If you believe in what the project is doing and you understand the risk, then you go for it. Always exercise with caution.” Anndy Lian commented.

Anndy Lian also commented that community support is another important factor for a cryptocurrency to work. Anndy mentioned this offline to Blockcast.cc reporter that meme coins are really popular, projects like DOGECOIN and SHIBA INU are gaining good traction. PANCAKE and SAFEMOON for instance are trending consistently for a long while. He emphasised that spotting the trends is one important factor in investing.

“Invest in multiple baskets. Do not put all your eggs in one basket” is the message Anndy is trying to convey. The importance of diversification is more glaring when it comes to crypto investment. By spreading out your options between “Top 5 coins”, “Active Trading Coins” and “Rising Stars” for example, you can decrease your financial risk.

00:00:00 Introduction
00:01:03 Bitcoin as an investment
00:03:09 Valuing Bitcoin
00:07:51 Price target for bitcoin
00:09:20 Bitcoin vs Ethereum
00:12:37 Ethereum utility
00:14:55 Doge Intro
00:17:28 Doge as an investment
00:19:58 Which coin to consider
00:23:41 NFT Intro
00:24:45 NFT as an investment
00:28:42 Million dollar Crypto portfolio

About Anndy Lian:
Anndy Lian is an all-rounded business strategist with more than 15 years of experience in Asia. He has provided advisory across a variety of industries for local, international and public listed companies. He is an early blockchain adopter and experienced serial blockchain entrepreneur who is known for his work in the government sector.

Currently, he is appointed as the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group where he looks after the governance and compliance aspects of the business. Anndy is also part of the Gyeongsangbuk-do Blockchain Special Committee, Government of Republic Korea, helping the province to grow using blockchain technologies.

He is the Chairman (Singapore) for Korea eSports Industry Association (KeIA) where he is actively promoting eSports to go mainstream and adopt cryptocurrencies.

He also played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

For more updates, visit www.anndy.com

 

 

 

Disclaimer: The information is not intended to be and does not constitute financial advice, investment advice, trading advice or any other advice or recommendation of any sort offered or endorsed.

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

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