2.3 The New Possibilities of Web3
Last updated
Last updated
Web3 technology has the potential to fundamentally reshape entertainment:
Direct support and participation Fans can fund and support projects through tokens and NFTs.
Tokenization of “ownership” of content and experiences Content access and experience rights can be minted as tradable NFTs.
DAO-Driven decision-making Community can guide project directions through governance votes.
Contribution-Based Reward Models Participation and activity are incentivized via co-creation economies.
GET is purposefully designed around these Web3 innovations, offering a high degree of alignment with the evolving entertainment landscape.
The characteristics of Web3, such as democratization of decision-making and immediacy of value distribution, have an extremely high affinity with the use cases provided by GET.