{"id":11501,"date":"2021-07-01T15:12:00","date_gmt":"2021-07-01T22:12:00","guid":{"rendered":"https:\/\/BigJimIndustries.com\/wordpress\/?p=11501"},"modified":"2021-07-20T15:22:13","modified_gmt":"2021-07-20T22:22:13","slug":"hollywood-blockchain","status":"publish","type":"post","link":"https:\/\/bigjimindustries.com\/wordpress\/2021\/07\/01\/hollywood-blockchain\/","title":{"rendered":"Hollywood Blockchain"},"content":{"rendered":"\n

from The Observer <\/a><\/em><\/p>\n\n\n\n

The Hidden Value Hollywood Hopes to Unlock With NFTs<\/h1>\n\n\n\n

By\u00a0Brandon Katz<\/a><\/p>\n\n\n\n

\"Marvel
Hollywood hopes to unlock the hidden value in NFTs.\u00a0Pixabay<\/em><\/figcaption><\/figure>\n\n\n\n

We live in an increasingly interconnected digital world that has altered the very ways in which we communicate, work, shop, consume entertainment, and live. This digital overhaul has even made standard currency an anachronism in its own time as crypto value such as bitcoin surges in usage, popularity, and widespread acceptance (Kansas City Chiefs tight end Sean Culkin become the NFL\u2019s first player to convert his entire salary to bitcoin<\/a> in April). As the economy evolves in conjunction with cryptocurrency, it serves as a catalyst of change from within for the surrounding industry.<\/p>\n\n\n\n

NFTs, or nonfungible tokens that are impossible to fake and represent unique one-of-a-kind value, have become the latest creation yielded by an ever-fluid online economy. Their surge is perhaps best punctuated by recent blockbuster art sales, including a\u00a0$69 million purchase<\/a>\u00a0of 5,000 all-digital works by Wisconsin-based artist Beeple. The jaw-dropping, eye-opening transaction immediately elevated the decreasingly niche crypto asset to mainstream relevance.<\/p>\n\n\n\n

[ click to continue reading at Observer<\/a> ]<\/p>\n","protected":false},"excerpt":{"rendered":"

from The Observer The Hidden Value Hollywood Hopes to Unlock With NFTs By\u00a0Brandon Katz We live in an increasingly interconnected digital world that has altered the very ways in which we communicate, work, shop, consume entertainment, and live. This digital overhaul has even made standard currency an anachronism in its own time as crypto value […]<\/p>\n","protected":false},"author":26,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3],"tags":[],"class_list":["post-11501","post","type-post","status-publish","format-standard","hentry","category-culture-art"],"_links":{"self":[{"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/posts\/11501","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/users\/26"}],"replies":[{"embeddable":true,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/comments?post=11501"}],"version-history":[{"count":0,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/posts\/11501\/revisions"}],"wp:attachment":[{"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/media?parent=11501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/categories?post=11501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/tags?post=11501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}