NFTs and digital asset ownership are increasingly becoming attractive to enterprises and people alike as a result of the introduction of blockchain technology and Web3. Blockchain technology has removed the need for businesses to depend on third-party distributors to reach their customers, allowing them to skip this phase in the conventional business model.
The literary world is an excellent illustration of this. Large-scale novel collections like Harry Potter required time to penetrate the market and ultimately include consumer-facing items beyond book sales. In the age of NFTs and Web3, individual artists may bypass the middleman and become their own distribution channel, hence creating additional opportunities for employment inside the company as a whole.
Expansion of art as well as employment creation: Blockchain technology
Writers may now construct a world class team of different people who are paid properly and further rewarded depending on the success of the project thanks to this new vertical integration approach. For historically disadvantaged voices, the metaverse provides significant business benefits. I am a BIPOC/LGBT creative.
Continue reading: https://lvhspiratepress.org/web3-and-blockchain-technology-how-digital-asset-ownership-is-reshaping-the-economic-paradigm/
The literary world is an excellent illustration of this. Large-scale novel collections like Harry Potter required time to penetrate the market and ultimately include consumer-facing items beyond book sales. In the age of NFTs and Web3, individual artists may bypass the middleman and become their own distribution channel, hence creating additional opportunities for employment inside the company as a whole.
Expansion of art as well as employment creation: Blockchain technology
Writers may now construct a world class team of different people who are paid properly and further rewarded depending on the success of the project thanks to this new vertical integration approach. For historically disadvantaged voices, the metaverse provides significant business benefits. I am a BIPOC/LGBT creative.
Continue reading: https://lvhspiratepress.org/web3-and-blockchain-technology-how-digital-asset-ownership-is-reshaping-the-economic-paradigm/
