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Media & Entertainment

A New Era of Digital Ownership: Replacing Discs, iTunes & Google Play?

Island Pitch Crew
Island Pitch Crew |
A New Era of Digital Ownership: Replacing Discs, iTunes & Google Play?
2:06

When it comes to special features, DVDs and Blu-rays have been the gold standard for many years. These physical media formats allowed movie studios to include a wealth of additional content, such as behind-the-scenes documentaries, audio commentaries, deleted scenes, and more. These features were a major selling point for many consumers, as they provided a deeper look into the filmmaking process and allowed fans to engage with their favorite movies in new ways.

However, with the emergence of Web3 NFTs like the Lord of the Rings NFT from Eluv.io, there is a new level of interactivity and engagement that was previously impossible with physical media. These NFTs allow for attached files and experiences that can unlock based on the entity itself. This means that fans can access a wealth of additional content that is tailored to their specific interests and preferences.

For example, imagine owning an NFT for a particular movie or TV show that includes exclusive interviews with the cast and crew, as well as immersive VR experiences that allow you to explore the world of the story in a more detailed and interactive way. These features go beyond what was possible with physical media, providing a level of engagement and interactivity that is unparalleled.

Another advantage of Web3 NFTs is the fact that they are stored on the blockchain, which provides a level of security and transparency that was previously impossible. With blockchain technology, owners of NFTs can track ownership and transfer of the asset in real-time, which provides a level of trust and confidence that was not possible with physical media.

Overall, while DVDs and Blu-rays have been a staple of the entertainment industry for many years, Web3 NFTs like the Lord of the Rings NFT from Eluv.io represent a new level of interactivity, engagement, and security that was previously impossible. As this technology continues to evolve, it will be interesting to see how it changes the way we think about media ownership and engagement.

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